Steels stocks attractive

Basque steel, first victim in Europe of Trump tariffs

The President of the United States, Donald Trump, has extended his threat of tariffs to Basque steel as part of his electoral promises, announcing an imposition of up to 25% surcharge on all steel, iron, or aluminum entering the United States. This measure directly affects the company located in the Basque Country, Tubos Reunidos, which is already analyzing how to overcome the impact. If implemented (according to the new president…

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UK GDP expands 0.1% quarter-on-quarter in Q4 2024 against -0.1 expected, figure could be turning point

abrdn | Preliminary UK GDP data released this morning shows that the economy expanded by 0.1% quarter-on-quarter in the fourth quarter, compared to the expected -0.1%. Today’s GDP figures, although still very weak in absolute terms, have been much better than expected and may act as a kind of turning point. It is certainly difficult now for the economy to enter a technical recession in the short term. However, it…

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Banner CIR, junio 2022

VladimirPutin

Trump negotiates peace in Ukraine with Putin

The President of the United States, Donald Trump, has announced that he has reached an agreement with his Russian counterpart, Vladimir Putin, to begin “negotiations immediately” with the aim of ending the war in Ukraine. In the hours following the announcement, members of the Trump Administration have outlined some of the conditions for this agreement, which would involve overlooking Ukraine’s claims on Crimea, and even on the Russian-speaking territories already…

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interviews

IreneHernandez copia

“Fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe”

Irene Hernández, coordinating advisor of Ence, and advisor of Elecnor and Saint Croix explains that “In Spain and in the European Union, there are times when we are regulating too much and putting brakes on economic growth… fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe. We are not in a position to…

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JoseJuanRuiz

“Mercosur is perhaps an idea that people have fallen in love with and are keeping because everyone is too embarrassed to liquidate it”

Fernando Gónzález Urbaneja interviews José Juan Ruiz, president of the Real Instituto Elcano and director of Redeia, in Consejeros, who states that “The intellectual prestige of pessimism is one of the characteristic features of Western civilisation. But, to give an example: in terms of CO2 emissions, everything may be in chaos, people’s perception may be that we have done nothing, but the European reduction in emissions is 32% compared to…

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