Ibiza Spain

Brits Can Now Go To Ibiza

Yesterday afternoon the UK changed its criteria and opened its hand by moving the Balearics, Malta and Madeira from the amber to the green list. This means that any British tourist will be able to travel to these three destinations from 30 June without quarantine on their return. They will not have to bring a PCR on entry to Spain, provided they have not travelled to another country in the…

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merchbank

ChinaSolarPanels

China’s dominance in the solar industry: a danger for massive ESG investment

Portocolom AV | hina currently dominates the solar industry, with Chinese companies controlling around 80% of the global solar supply chain, from raw material refining to panel production and assembly. In 2020, 45% of the global supply of poly silicon, the key refined material that comprises 95% of solar panels, came from China’s Xinjiang Uyghur Autonomous Region. The governments of the US, UK, Canada and the Netherlands have declared that China has committed genocide and crimes against humanity in its treatment of Uighurs and other Muslim-majority peoples in Xinjiang.

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interviews

nuria aliño

“I am Surprised That There Are So Few Open Banking Fintechs In Spain”

“Traditionally, financial services were provided by banks – in many countries three or four institutions have 80 or 85% of the market, and they do not always have a focus on financial inclusion – but that is no longer the case and there are new providers, such as ‘ANT FInancial’ in China or ‘Mercado Libre’ in Latin America, which started with payments and now offer a wide range of services. That is why open banking is important for the World Bank, because it favours competition and financial inclusion”, says Nuria Aliño, advisor to the World Bank.

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