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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
Kristalina IMF

World economy 15th October 2026

IMF warns: “China needs to spend more; the United States, save more; and Europe, invest more”

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economy’s resilience is reaching its limit, which is why countries urgently need to fix their public finances—as “winter is coming”—as well as address growing global imbalances, for which “China needs to spend more; the United States, save more; and Europe, invest more.” At a press conference in Bangkok during the IMF and World Bank…

immigrants working

Spanish economy 15th October 2026

Spain is the only major Eurozone economy losing productivity since 2018, despite NextGen funds

According to the latest estimates from the International Monetary Fund (IMF) released this week in Bangkok, Spain is the only major Eurozone economy that has lost productivity since 2018. Its calculation is that Spain will have lost one-tenth of a percentage point in the 2018–2027 period, which coincides with Pedro Sánchez’s term in government. Productivity is the key indicator for increasing a country’s GDP per capita, raising wages without losing…

aena barajas3CM

Companies 14th October 2026

AENA: Passenger traffic rises (+4%) while cargo traffic declines (-2%)

AENA consolidated its operational growth between January and September 2026 (9M2026), driven by dynamic commercial and passenger demand, counteracting the current volatility in the cargo segment. At a consolidated level, the airport group surpassed 309.9 million cumulative passengers in 9M2026 (+4.1% year-on-year) and 2.6 million aircraft operations (+3.9% year-on-year). In the standalone month of September, AENA closed with 37.67 million passengers (+3.9% year-on-year) and 318,246 aircraft movements (+4.9% year-on-year). Key…

bolsa madridTC

Relevant News Item 14th October 2026

Spanish stock market pays out €35.716 billion in dividends through September, up 22%

Spanish listed companies paid out €35.716 billion to their shareholders during the first nine months of the year, representing a 22.27% increase compared to the same period in 2025 and approaching the full-year total for 2024, when the stock market witnessed payouts reaching €37.860 billion. In September alone, Spanish listed companies distributed €439 million, reflecting a 96.86% surge compared to the same month in 2025, when the total stood at…

Spanish trade unions

In Spain 14th October 2026

Unions demand a 7% increase in the minimum wage to €1,306, even as the most common salary in Spain stands at €1,200

The 7% increase they plan to request represents an extra €85 per month for the paychecks of more than 2.5 million workers. This was announced on Tuesday by UGT Secretary-General Pepe Álvarez during a joint press conference with CCOO to introduce the general strike called for next November 11. Álvarez indicated that both organizations will submit their proposed minimum wage update for next year to the Government. The request was…

Ibedrola Australia

Companies, Relevant News Item 13th October 2026

Iberdrola increases electricity distribution by 5% through September

Electricity distributed globally by Iberdrola rose by 5.8% in the first nine months of 2026 (9M2026), reaching 206,947 gigawatt-hours (GWh). By geographic area, the UK stood out with growth of 22.8%, driven by increased demand and the integration of Electricity North West, the Manchester-based distributor. Electricity demand continued to accelerate in Q3 2026, supported by the electrification of the economy. Between July and September, the volume of electricity distributed grew…

960px Vista de Ceuta desde el mirador de Isabel II

In Spain 13th October 2026

Sánchez now reveals that Moroccan warships entered Ceuta’s waters during the July surge

Pedro Sánchez boasts of ‘absolute transparency,’ yet it took him 74 days to admit that Moroccan warships unlawfully entered the waters off Ceuta during the migrant surge crisis. The Prime Minister has now acknowledged a military incursions into Spanish sovereign waters after it was reported by El País, though he chose to downplay its severity, dismissing it as an ‘isolated’ episode that, he maintains, was resolved through contacts between both…

Telefónica chapa sede 1

Companies, Relevant News Item 9th October 2026

KKR and Telefónica put their Chilean ‘fiberco’ up for sale for up to 1.5 billion

Telefónica and KKR have decided to put their joint subsidiary OnNet Fibra up for sale, a Chilean neutral wholesale fiber optic company (fiberco) that provides service to most Chilean telecommunications operators. The company is 60% owned by the American fund, while the remaining 40% of the share capital is controlled by TEF. According to the press, the company could have an ‘Enterprise value’ of between $1.5 – 2 billion (between…

1008p2 Wall Street sign Main i

In Spain 9th October 2026

Government approves ‘Ferrovial Law’ so Ibex companies can list on Wall Street

The Official State Gazette (BOE) publishes a decree that the Ministry of Economy began drafting in April of this year, which proposes a reform of the Law on Financial Instruments to allow companies listed in Spain to simultaneously list on other exchanges outside the European Union (EU). The decree is a response to the ‘Ferrovial case’, as the group chaired by Rafael del Pino relocated its headquarters to the Netherlands…

Brexit through the eyes of two British companies with direct exposure: Getlink and LSE

Companies, Relevant News Item 8th October 2026

Abenójar Tungsten, a Spanish tungsten and gold mine, to list in London

Abenójar Tungsten, a company promoting the development of the El Moto Mine in Ciudad Real to extract tungsten and gold starting in 2029, has launched its listing on the London Stock Exchange to finance its 211-million-euro project by announcing to the market its ‘intention’ to execute an offering of part of its shares on that exchange to begin trading in the coming weeks. The banks Peel Hunt, BMO, Deutsche Bank,…