By Juan Girón Roger ( journalist). Text and pictures | The trade show for Arabic travel and tourism, the Arab version of Fitur, started in Dubai in May 9 and will continue on virtual format until May 19. Recovery, the role of technology for a renewal of travel and personalization for the traveler experience were the buzzwords there. They have what it takes –spectacular projects and huge budgets to make…
Meet economist Joshua Angrist who believes that to be a good labour economist, you should have had some real-life job experience. In conversation with our podcast host Adam Smith, Angrist tells us about his disinterest in school and how as a teenager he was more interested in earning money and maintaining his car. His later surprising and instant connection with economics led him to dedicate his life to his research:…
The AIREF (Independent Authority for Fiscal Responsibility) warns that the Government’s forecasts are unrealistic and the 2022-2025 Stability Programme “should be more explicit”. During the organisation’s press conference, attended by its president Cristina Herrero and those in charge of budgetary and economic analysis, they warned that the Plan sent to the European Commission on 29 April has “serious shortcomings”. The reason is that despite the fundamental role that the Government…
Naturgy has reported a net profit in the first quarter of 347 million euros, a fall of 9.4%. Revenues have been affected by the downward pressure on co-market margins in Spain and a decline in demand. Naturgy increased its total investments in the first quarter by 32% to 259 million euros. Net debt amounted to 13.062 billion, up 1.8% compared to the end of 2021, after paying a dividend of…
Crédito y Caución (Atradius) | Latin America is a frontrunner in the energy transition. It has the cleanest electricity mix in the world. But it is mainly focusing on hydropower, which is susceptible to altering rain cycles. The region has huge potential in other sources of green energy, such as sun, wind and geothermal generation. To remain a leader in clean electricity and achieve net zero emissions in 2050 it…
The deputy secretary of the UGT union, Cristina Antoñanzas, warns that women can be stigmatised when it comes to opting for a contract.The deputy secretary general of the UGT trade union, Cristina Antoñanzas, expressed her criticism on Wednesday of the draft Abortion Law promoted by the Minister for Equality, Irene Montero. The Council of Ministers will probably approve the draft law next Tuesday to begin its parliamentary processing. Cristina Antoñanzas…
The Centro de Investigaciones Sociológicas (CIS) has asked Spaniards about “tension”. A large majority believe that, at “these times”, there is “a lot or quite a lot” and the main culprits are PSOE and Vox. The barometer directed by José Félix Tezanos says that political tension worries 79% of Spaniards and that almost 90% of citizens are calling for an end to it. According to 44.6% of those surveyed, there…
The group’s turnover amounted to 10.883 billion euros, an increase of 3.2%. By markets, Spain accounted for 28% of revenues, Hispam 20%, Brazil 18%, Germany 18% and the UK 14%. Operating income before depreciation and amortisation (Oibda) rose 2.1% to 3.753 billion euros, due particularly to Latin America, whose Oibda jumped 50%. Sales grew in all markets, such as Germany, the UK and Spain, and double-digit growth in Brazil and…
The Austrian utility has been the winner of the large bid organised by the Spanish renewable energy fund Q Energy. The firm has acquired a platform with 82 MW in operation and more than 4 GW under development, valued at over 1 billion euros, in one of the most important renewable energy deals of the year in Spain. The assets are located mainly in Castilla La Mancha and Andalusia. Of…
José Carlos González Vázquez (Ceca Magán Lawyers) | On April 1, 2022, Los Angeles County Superior Court has found that California Corporations Section 301.4 (AB 979 signed in September 30, 2020), which requires publicly listed corporations to have at least one director on their boards from “underrepresented communities”, defined as “an individual who self-identifies as Black, African American, Hispanic, Latino, Asian, Pacific Islander, Native American, Native Hawaian, or Alaska Native,…