Funds flee Europe and the United Kingdom borders on the largest exodus in its history

Investment funds view Europe with suspicion and accelerate sales to protect their assets. According to the latest data from Bank of America, investment funds have been withdrawing capital from the old continent for three weeks. Just this week, these vehicles they would have taken out more than 1,200 million of euros. This contrasts with a … Read more

Construction, on alert: 40% of companies have canceled or halted works due to the rising cost of materials

“There is no indication that the rising cost of raw materials is stopping and concern in the sector is increasing.” This is stated by the president of the National Construction Confederation (CNC), Pedro Fernández Alén, who denounces that the current regulation does not allow the sector to have an agile reaction capacity in the face … Read more

The Government promises the EU a record collection and says that the recovery will come in 2022

The Government has sent this Friday the Budget Plan for 2022 to the European Commission, which includes both the macroeconomic scenario and the draft General Budgets of the State, as reported by the Ministry of Economic Affairs and Digital Transformation. The Executive maintains its forecast that the country’s gross domestic product (GDP) will expand 6.5% … Read more

The new blow to the pension plans comes in the worst year since 2016 when leaving 230 million until September

Rains, it pours. The new fiscal blow to the pension plans of the individual system comes at a time when these finalist savings products have seen 231 million euros come out between January and September, according to the latest data published yesterday by Inverco -that is, the data It does not even include the impact … Read more

These are the best smartphone brands, according to the OCU (Apple does not appear in the first five positions)

The mobile phone has gone in the last 15 years from being a mere communication element to supporting all kinds of tasks, indispensable in the day to day of any person. With more and more functions, choosing the right smartphone before a purchase is essential to know get the best performance according to the qualities … Read more

The Government will again increase the quota of the self-employed between 96 and 225 euros per year in 2022

14/10/2021 – 13:30 Updated: 14:07 – 10/14/21 The draft General State Budgets (PGE) includes new increases both in monthly quotas and in the contribution base for self-employed workers starting next year. The Union of Professionals and Self-Employed Workers (UPTA) and the National Federation of Self-Employed Workers Associations (ATA) have criticized this Thursday the measure, taken … Read more

China faces an economic and productive stoppage that threatens to ‘collapse’ the rest of the world

The global economic recovery is losing momentum. A good part of this slowdown in world GDP is due to the ‘crisis’ (if it can be called that) that China is experiencing (Evergrande, energy, production stoppages …), an economy that already accounts for more than 18% of global GDP (in purchasing power parity). The Chinese GDP … Read more