Chris Lawrence 
The 0.6 point rise in Social Security contributions for common contingencies between 2023 and 2032 approved yesterday by the Government with the agreement of the unions will enter the “pension piggy bank” “about 50,000 million” when it is completed the plan that the employer has rejected. As defended by the Executive, the mechanism of intergenerational … Read more
16/11/2021 – 8:35 Updated: 12:56 – 11/16/21 China’s National Reform and Development Commission, the country’s main economic planning body, has stated that the cryptocurrencies are not issued “by monetary authorities” and “are not real,” according to Chinese state media reported. There has been a 7% drop among major cryptos such as bitcoin and ethereum. The … Read more
The coronavirus, Filomena, the La Palma eruption … and now a blackout that would leave much of the world without electricity for several days. The world seems stubborn on collide with an apocalypse, for which the government authorities do not stop looking for plans in order to be the best prevented if this comes. But … Read more
In recent decades, investors have become accustomed to very benign central bank tightening cycles. However, history suggests that there are two very different cycles with very different implications for markets. Ethan Harris, Global Economist at Bank of America, the analogy between “good cop “and the” bad cop“to explain the historical difference between the two periods. … Read more
Defeat sweet, but defeat at the end of the day. The Argentine government suffered a correction at the polls this Sunday that reinforced the opposition and complicates its position in the face of negotiations with the IMF to restructure its debt. A message that came very clear to the president, Alberto Fernández, who, shortly after … Read more
The month of November is very important for the vast majority of pensioners, since it will arrive with an anticipated incentive: the so-called Christmas ‘extra pay’, which together with the summer, in June, are the two largest and expected throughout the year for this group. Thus, a good part of people who receive a pension … Read more
Madrid. 7:00 – 15/11/2021 The eventual increase in the period of years contributed for the calculation of the pension that the Government agreed with Brussels as part of the package of measures to implement the field of Social Security, and that will be necessary to receive these European funds for reconstruction, has a highly disparate … Read more
Speculation has reached its all-time high in a century. Asset valuations are drastically excessive, so assures the famous investor who predicted the subprime crisis in 2007, Michael Burry. The owner of the Scion Asset Management fund recently expressed concern when he saw how inflation in company valuations is outpacing the dot-com bubble. “More speculation than … Read more
70% of the tax increase signed by the Government in the General State Budgets (PGE) for next year will fall on companies. The Government estimates that the approved tax reforms will mean an increase in income for next year of some 3,273 million euros, after adding the changes approved this year. Companies will bear, to … Read more
If there is a song worldwide that is a true Christmas emblem, it belongs to the pop diva Mariah Carey and her All I want for Christmas is you. It is a classic, which nurtures surveys on how the Christmas spirit no longer resurfaces only during the month of December. A recent study published by … Read more