Pablo Isla bids farewell with the discretion he has shown for the last 17 years at the helm of the largest textile empire in the world. With a shy profile and contained manners, he contrasts with the stridency of the sector he represents, that of fashion. Born in Madrid, he has made his own that … Read more
The Spanish Gross Domestic Product reached 1.2 trillion euros in 2020. Elon Musk could reach that same amount by 2024, compared to the current 277.3 billion. Currently there are nine people in the world with fortunes greater than 100,000 million of euros, and that aspire to reach one billion in a few years, but who … Read more
The ruble is making a strong comeback as peace talks progress, and is already on the verge of erasing all the losses it suffered in the weeks after Western sanctions invaded Ukraine, though it still has some way to go. The currency has strengthened in 13 of the last 14 sessions, offsetting most of the … Read more
Madrid 20:00 – 29/03/2022 From the maximum reached by the barrel of Brent on March 8 above 130.2 dollars, the price of oil has ranged between 100 and 120. If the war and the pressure of inflation have boosted prices, the outbreaks of Covid have threatened economic recovery and global consumption, as can be seen … Read more
Barcelona officially presented this Tuesday its election as venue for the America’s Cup of Sailing in 2024after convincing the organizers with a candidature of 70 million euros of public-private contribution with whom you expect a local economic impact of 1,000 million. The proposal, worked against the clock in three months after detecting the “opportunity” of … Read more
The reform of the electricity market that the Government is preparing to contain the escalation in electricity prices will exclude almost two thirds of the supply points in Spain. In this way, about 20 million customers, of the around 30 million there are, will not immediately see the cut in the rate that the Executive … Read more
Barcelona 28/03/2022 – 14:14 The Ibex Small Cap, which is the stock index that brings together the small-cap listed companies of the four Spanish stock markets, is attacking in the short term the highs of the year that it reached in the middle of last January at 8,630 points, which it is a horizontal resistance … Read more
As of April 6, all Spanish taxpayers have the option of submitting their Income Tax returns to catch up with the Treasury regarding Personal Income Tax. A tax liability that, however, in some cases is not mandatory. Although the number of taxpayers in Spain is high (in the past year the Tax Agency received more … Read more
New surreal twist to the peace negotiations to try to put an end to the Russian invasion of Ukraine. As reported by the Wall Street Journalcorroborated by the intelligence firm Bellingcat, the Russian government tried to poison several members of the Ukrainian delegation in one of the negotiation sessions, together with the Russian businessman Román … Read more
Madrid 28/03/2022 – 13:26 The price of fuel at some service stations low cost of Spain today registers a strong increase, from 15 and 30 cents per liter, coinciding with the Government’s announcement to extend the aid of 20 cents per liter of fuel to all drivers. The rise is recorded at some gas stations … Read more