Judges

The Supreme Court suspends the electoral effects of a “Grandchildren Law” that had already generated nearly half a million new voters

The Third Chamber (Administrative Litigation) of the Supreme Court has issued a precautionary suspension of the electoral effects linked to the “Grandchildren Law” (eighth additional provision of the Democratic Memory Law). The decision comes in response to appeals filed against a ministerial instruction that arbitrarily broadened the criteria applied in consulates following the law’s entry into force. The instruction in question applied a blanket presumption of exile status to those…

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Crédito y CauciónCrédito y Caución
ECB's president Christine Lagarde

ECB raises rates by 0.25 to 2.5%: Prices rise, and so does the cost of money

Julian Marx (Flossbach von Storch) | Strength lies in calm, and this applies to monetary policy as well. As a rule, the European Central Bank (ECB) avoids generating unnecessary suspense before potential changes in interest rates. This occasion was no different: Bundesbank President Joachim Nagel virtually previewed the rate decision when speaking to the French newspaper Le Monde in early September: “Inflation is currently very far from our medium-term target…

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Banner CIR, junio 2022

donald trump

Trump wants to buy votes – at $5,000 each – for the November elections

Donald Trump announced a policy proposal at the Republican Midterm Convention in Dallas: he promised to deliver a $5,000 “Trump Dividend” to every adult U.S. citizen if the Republican Party retains control of the House of Representatives and the Senate in the midterm elections. Under the slogan “if the Republicans win, you win with us,” the president claimed that the payment would be funded by revenues derived from his trade…

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interviews

rosa garcia consejera caixabank acerinox ence

“Many companies complicate CSRD implementation more than necessary”

Rosa Mª García Piñeiro, board member at Caixabank, Acerinox, and Ence—serving as chair of the sustainability committee for the latter two and as a committee member at Caixabank—explains that “the directive does not set the materiality threshold. The company decides it based on its own criteria. There is nothing in the legislation that prescribes what is material and what is not. The auditor-verifier may have one opinion, the company may…

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antonio bonet

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

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