Fernando González Urbaneja | “Spain is doing well” was the slogan that President Aznar used to characterize his eight-year term (1996-2004), spanning the turn of the century. The data supported his claim. Pedro Sánchez now resurrects Aznar’s proposition and insists in all his speeches that Spanish society is better off today than when he took office in mid-2018. Some data supports his thesis, while others contradict it. The Spanish economy…
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Bankinter | Industrial production in Eurozone countries grew less than expected in September: 1.2% year-on-year versus 2.1% expected and 1.2% previously (revised from 1.1%). In month-on-month terms, 0.2% versus 0.7% versus a drop of 1.1% (revised from 1.2%). By country, Germany continues to slow down its growth (down 0.8%). Analysis team’s view: Industrial production, which is highly dependent on the foreign sector, continues to be affected by US tariffs and…
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Bankinter | Bihar state elections. The National Democratic Alliance (NDA) bloc, led by Narendra Modi’s party, has won a comfortable victory in the regional elections in the state of Bihar. Out of a total of 243 seats in the Bihar Legislative Assembly, Modi’s party won 89, while its main regional ally, the Janata Dal party, won 83 seats. Overall, the alliance won 200 of the 243 seats. Bihar accounts for…
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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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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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