September proved to be a pivotal month for the European Central Bank (ECB), as it announced significant updates to its monetary policy framework. On September 18, the ECB made adjustments to two of its three key reference interest rates, signaling a renewed focus on the deposit facility. This move underscores the ECB’s efforts to fine-tune…
The Federal Reserve’s (Fed) approach to rate adjustments has consistently challenged market expectations, offering important lessons for investors navigating monetary policy cycles. Historically, the disconnect between market predictions and the Fed’s actual actions has been a recurring theme, often leading to surprises that reshape investment strategies. Analysts caution that the central bank may still be…
The future of European industry is set to play a pivotal role in shaping the European Union’s (EU) priorities in the coming years. With global powers like the United States and China driving fierce competition, the EU is determined to remain a key player on the international stage. To address this challenge, European Commission President…
Juanma Moreno, President of the Junta de Andalucía, has embarked on an institutional visit to China, aiming to bolster Andalusia’s presence in key industrial and tourism markets across Asia. Running until September 5, the mission is designed to position the autonomous region as an attractive hub for major Chinese corporations and affluent travelers. This diplomatic…
Berkshire Hathaway, the investment firm led by Warren Buffett, has achieved a remarkable milestone, becoming the first U.S. technology company to surpass a $1 trillion market capitalization. This achievement has drawn attention not only for its scale but also for the way it outperformed major technology players like Apple, Microsoft, Amazon, and Nvidia—until it was…
José Luis Escrivá, the current Minister of Digital Transformation and Public Functions, has been nominated as the next Governor of the Bank of Spain. His candidacy will be officially presented to the Economic Commission of Congress by his colleague, Carlos Body, as reported by Cadena SER. However, the nomination has sparked significant political debate, with…
Amid rising trade disputes, China has opted not to implement extra tariffs on spirits imported from the European Union for now, offering some relief to European producers. This decision comes after a turbulent period marked by growing tensions between Beijing and Brussels, following the European Commission’s decision to impose tariffs of up to 36.3% on…
European stock markets showed resilience this week, with the EuroStoxx 50 gaining 0.4% in early trading on Friday, while Spain’s Ibex 35 saw a modest increase of 0.1%. Despite the Ibex 35’s slower pace, both it and the EuroStoxx 50 are poised to record a positive week overall. Investor sentiment has buoyed markets, as most…
BBVA has introduced a new issuance of subordinated Tier 2 bonds, raising billions of euros to strengthen its capital structure. These bonds offer a lower repayment priority compared to traditional bonds, meaning that in the event of liquidation, bondholders will be repaid only after other creditors have been satisfied. The newly issued Tier 2 bonds…
For over a decade, Angola has been a key competitor with Saudi Arabia in supplying oil to China. While it held the title of Africa’s largest oil producer between 2008 and 2010 and was the second-largest supplier to China during that period, its current output is now only half of what it was fifteen years…