NATO's military

Trump accuses Spain of Being “Very Disrespectful” to NATO and Threatens Trade Retaliation

“I think it’s very disrespectful to NATO. I was actually thinking of imposing a trade penalty on them—on Spain—through tariffs for what they did, and I might do it. I think it is incredibly disrespectful” to the Atlantic Alliance, said President Trump yesterday, Tuesday, during a meeting with Argentine President Javier Milei at the White House. Trump insisted that he is “very upset with Spain,” as it is the only…

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Crédito y CauciónCrédito y Caución
lecornu

Macron reappoints Sébastien Lecornu as Prime Minister for government with little chance of survival

Bankinter | Emmanuel Macron yesterday appointed a new government to be headed once again by Sébastien Lecornu. He made some changes to the Council of Ministers, notably in the Economy and Finance portfolio, with Roland Lescure taking charge of presenting the 2026 budget. The first Council of Ministers meeting will be held tomorrow. Analysis team’s view: Good news, although this new government offers little guarantee of survival. The fragmentation of…

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Banner CIR, junio 2022

china calleCM

China’s CPI falls 0.3% year-on-year in September compared to 0.4% previously

Link Securities | According to official data, China’s consumer price index (CPI) fell 0.3% year-on-year in September, a deeper decline than the 0.1% consensus forecast by analysts, although slightly lower than the 0.4% decline in the previous month. Food prices accelerated their decline (a drop of 4.4% against 4.3% in August), recording the largest contraction since January 2024, amid widespread declines across all categories, with pork prices falling further due…

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interviews

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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ElenaJimenezdeAndrade

“It is a shame that we are able to mobilize economic resources for large-scale projects abroad, but not in our Spanish market”

In an interview with Consejeros magazine, Sacyr’s coordinating advisor, Elena Jiménez de Andrade, explains that now “We have great capacity to win projects, a capacity that until now contrasted with a series of financial limitations and balance sheet size. However, in this strategic cycle, we are going to eliminate those barriers. That is why we have set an ambitious goal for 2033: to triple the value of our assets. We…

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