The Russian economy is cracking, its currency has tanked, and its debt is junk. The next step is a possible default that could cost investors billions and leave the country without financing in the markets. The swap markets give a 70% chance that this will happen the same year and Fitch Ratings says it is … Read more
15/03/2022 – 11:01 Updated: 11:56 – 03/15/22 Another bad day for Chinese equities. Not even the good consumption and investment data confirming that China’s economy has started the year better than expected have managed to revive the Asian giant’s stock markets, which have added a new session of sharp declines. Behind the falls is the … Read more
The Spanish international stock funds are the ones showing the best behavior in these first months, among the active management products. And among them are those of a firm, Azvalor, who have become the undisputed starsby systematically leading the Global League of elEconomista, the classification that brings together the 200 most uncorrelated international equity products … Read more
On Wednesday the US Federal Reserve (Fed) will raise rates. It had not done so since December 2018, 39 consecutive months, but the macro situation in the United States has reached a point where a rise is inevitable. Not so much because of the war in Ukraine, but because of the inflationary pressures that, for … Read more
The price of gasoline and diesel is at historic highs in Spain. The sharp increase in the price of the raw material (crude oil has exceeded 100 dollars per barrel) that is used as a base to produce these fuels is driving up the price of gasoline and diesel, with the former reaching more than … Read more
Expectations of rate hikes in the United States have grown again. In the week in which the US Federal Reserve (Fed) has planned your first meeting of the year in which it will update its macroeconomic forecast table, investors have continued to raise the stakes. They have gone from expecting six rate increases of 25 … Read more
If there is an economy that has emerged stronger than any other from the covid-19 crisis, it is without a doubt Taiwan. This island located 180 kilometers east of China achieved growth of more than 3% in 2020, when the rest of the world fell into the deepest recession in years. In 2021, despite having … Read more
Lithium-ion batteries power virtually all mobile phones and computers, as well as electric cars, thus playing an essential role in the energy transition and the fight against climate change. However, lithium extraction could also be endangering the flamingos that inhabit the Andean highlands of South America, a region that houses more than half of the … Read more
The carriers are summoned by the Platform for the Defense of the Freight Transport Sector to support, from this midnight, an indefinite strike in the face of the “very serious situation in the sector and inadmissible working conditions.” The convening platform, a minority and without representation in the sector’s dialogue body with the administration – … Read more
The economic consequences of the war between Russia and Ukraine have reached yet another sector, that of the airlines. After several international companies paralyzed their activity in Russian territory, hundreds of planes have been stranded waiting to be recovered. The problem arises when it is taken into account that Russia has no intention of returning … Read more