2023-12-21 ECONOMY

Telefónica soars 7% on the stock market after the Government announced that it will acquire a majority position in the company

The emergence of the State in Telefónica with the announcement of the purchase of up to 10% of the company by the State Society of Industrial Participations (SEPI), received with increases in the stock market, will allow the creation of a hard Spanish core in the operator after ...
2023-12-21 ECONOMY

The temptation to keep the VAT reduction in the light in 2024: it would lower inflation to 2.3%, raise GDP, but anger Brussels

After toasting the new year and facing the January slope, Spanish households will find an unpleasant surprise at the start of 2024. Unless the Government remedies it in extremis, the electricity and gas bill will register a significant increase by declining the tax reduction th ...
2023-12-21 ECONOMY

The wind sector asks Sánchez to enter the National Security Strategy after covering 24% of electricity demand in 2022

The generation of electricity with wind energy broke a new record last year, with the production of 61,069 gigawatts per hour of electricity that were capable of covering 24% of the electrical demand. Given the crucial nature of the electricity supply that these figures represe ...
2023-12-21 INTERNATIONAL

The end of the year chokes the Japanese prime minister

Who. The banker comes from one of the political dynasties of the Asian country and a couple of years ago a ...
2023-12-21 INTERNATIONAL

Thousands of Argentines protest in Buenos Aires against Milei cuts

Thousands of Argentines gathered this Wednesday in the Plaza de Mayo in Buenos Aires, guarded by a strong police presence, to protest the latest measures announced by the president, Javier Milei, which seek to drastically cut public spending. The protes ...
2023-12-21 INTERNATIONAL

Boston apologizes to two African Americans falsely accused of murder in 1989

Boston Mayor Michelle Wu publicly apologized this Wednesday to two African-American men who were falsely suspected of murdering a white woman in 1989, an incrimination that was carried out without evidence and that was driven by racist prejudices. At a ...
2023-12-21 INTERNATIONAL

The United States releases Alex Saab, Maduro's alleged front man, in exchange for 20 Venezuelans and 10 Americans

The United States has freed Colombian businessman Alex Saab, a close collaborator of the president of Venezuela, Nicolás Maduro, in exchange for Venezuela's release of ten American citizens and twenty Venezuelan prisoners. In a call with journalist ...
2023-12-21 INTERNATIONAL

All about the JN.1 coronavirus variant, the pyrola mutation that is spreading in Europe

The World Health Organization (WHO) has classified, due to its rapid spread, the JN.1 coronavirus variant as a variant of interest (VOI) separate from the original BA.2.86 lineage, however available evidence shows that the risk contribution to global public health that it poses ...
2023-12-21 INTERNATIONAL

EU countries reach agreement on new debt and deficit rules

This Wednesday, the Ministers of Economy and Finance of the European Union reached a political agreement on the new deficit and debt control rules, which will give countries greater control over their pace of adjustment but also include minimum requirements for fiscal disciplin ...
2023-12-20 SPORTS

Real Madrid's love affair with Belgrade: 70th win of the year and an unstoppable Hezonja

Belgrade is the White City and as if honoring the name of the Serbian capital, Real Madrid maintains its wonderful love affair with the place where it won the tenth. There he also starred last year in a historic comeback in the series against Partizan, after the brawl on WiZink. There he devasta ...
2023-12-20 SPORTS

Valencia takes a breather in Vallecas against a blocked Rayo

Looking at relegation with almost a dozen points advantage. This is how Valencia de Vallecas comes out, with a hard-fought victory against a Rayo that no longer knows what to do to win at home. He approached, looked for it, but he became deflated until he was left without a prize.. [Narrative an ...
2023-12-20 SPORTS

Vuelta 2024: Return to the Lagos, final time and new start in Lisbon in exchange for two million euros

Reunion with La Santina, the protector of cyclists. The 2024 Vuelta recovers the iconic summit of Lagos de Covadonga, crowned 40 years ago by Marino Lejarreta after being exhibited in the splendid places of La Huesera, the Mirador de la Reina and the Ercina and Enol reservoirs. El Junco de Bérri ...
2023-12-20 ECONOMY

The Government will buy 10% of Telefónica and will become the majority shareholder to stop the Saudis

The Council of Ministers has agreed to order the State Society of Industrial Participations (SEPI) to carry out the acquisition of up to 10% of the share capital of Telefónica, as reported by the public holding company to the National Securities Market Commission (CNMV). ) this ...
2023-12-20 ECONOMY

The Government approves the unemployment benefit reform and increases the aid to 570 euros during the first six months

The agreement on the unemployment benefit reform sees the light after weeks of friction between the Ministries of Labor and Economy. This Tuesday, the Government approved changes that expand the coverage of this aid to the unemployed, increase its amount to 570 euros per month ...
2023-12-20 ECONOMY

The Bank of Spain improves its inflation expectations for 2024, but lowers the expected growth to 1.6%

The Bank of Spain has revised downwards its inflation and growth expectations for Spain for next year. A 2024 in which the stagnation of the eurozone will continue to generate uncertainty about the Spanish economy, which will grow less than in 2023. The banking supervisor point ...
2023-12-20 ECONOMY

The Government rules out asking the EU again for the Iberian mechanism that contained the price of electricity during the energy crisis

The Government drops the Iberian mechanism, the cap on the price of gas that managed to contain it in the worst moments of the energy crisis last year. The third vice president and minister for the Ecological Transition, Teresa Ribera, has ruled out the possibility of requestin ...
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