escriva

Escrivá Forecasts A Rise In Social Security Enrolment In May Of 217,000 Contributors, The Third Best Figure In The Series

The Minister of Inclusion, Social Security and Migration, José Luis Escrivá, announced this Thursday that Social Security enrolment will increase by 217,000 people in May, “the third best figure in the historical series”. At the press conference to report on the fortnightly evolution of Social Security enrolment, Escrivá indicated that, in seasonally adjusted terms, May will see 37,000 more contributors. In his opinion, this data demonstrates the “enormous dynamism” that…

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Ursula

Brussels Proposes To Keep Fiscal Rules Suspended For Another Year Because Of The War

On Wednesday 18 May, European Commission commissioners finally agreed to submit a proposal to European countries on Monday 23 May to suspend public debt and deficit targets for 2023, for the fourth consecutive year. The measure, which will still have to be validated by the member states, gives countries such as Spain an additional grace period to get their public accounts back on track after the Covid bill. The European…

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merchbank

Japanese general

Japan’s GDP Shrinks By 1% In Q1 2022 Vs Previous Quarter

Link Securities | Japan’s GDP contracted by 1% in Q1 2022 from the previous quarter on an annualised basis, a smaller decline than the 1.8% drop expected by analysts. In addition, in the previous quarter Japan recorded GDP growth of 3.8%, revised downwards from an initial estimate of 4.6% growth. The main surprise was a marginal 0.1% annualised fall in private consumption, which is explained as the main drag on…

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interviews

Dullien

“Politics Would Have To Intervene Whenever The Market Transfers Wealth Creation Out Of Europe In A Disproportionate Way”

Lidia Conde | Sebastian Dullien is Director of the IMK Düsseldorf. Q: Germans have spent 200 billion euros less since the beginning of the epidemic. Will all this money flow into consumption? A: Not all of it, but a considerable part will be spent. Studies conducted by our institute show that Germans are not only planning to buy new consumer durables such as cars, furniture or houses, but also to…

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mauricio claver

“There Are Companies That Have Left Latin America Because Of Currency Risk. We Offer Hedging To Eliminate It”

Pablo Pardo (Washington) | Since October 2020, the largest development agency in the Americas, the Inter-American Development Bank (IDB) has had at its helm a person who grew up in Madrid, Mauricio Claver-Carone, the first American to head the institution. He was director for the Americas at the National Security Council during Donald Trump’s presidency. And Claver-Carone has set himself the goal of making Latin America accelerate its growth, making…

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