While protectionism can hardly be positive for a net exporter like Japan, the fact that US and Chinese import tariffs are bilateral could also offer opportunities to Japanese companies if they manage to step into China instead of US companies for the sectors in which China has imposed tariffs upon. The same would be true for the US substituting Chinese companies.
Luis Iturbe | There are no investigations for insider trading, not even when it is known that (the Banco Popular case) the shorts have made a real break, moreover adding to the crisis of liquidity. Despite these facts being known, the issue has been forgotten.
William Chislett | The Spanish Constitution turns forty today. The country now is another planet. The next 40 years, however, will be very different. The challenges ahead will test the cohesive society that has been created up to the present day. This article finishes a series that have been published in last weeks by The Corner to celebrate the milestone anniversary.
The Spanish utility agreed to modify the initial agreement to sell part of the electricity power stations of its subsidiary Scottish Power to Drax Group. This firm sought to renegotiate the contract following an European Court of Justice ruling that declared illegal the payments to some UK stations to guarantee the capacity of electricity generation in the country.
Shares of Solarpack, a company specialized in the construction and maintenance of photovoltaic power plants, based on the Basque country, started trading on Wednesday, at the Bilbao stock exchange. Solarpack announced that the book-building process for the initial offering of its ordinary shares has been completed with an offer price of €8.3 per ordinary share and an offering size of €100 M.
Despite the slowdown in Spain’s exports, the number of national companies starting to export and of regular exporters which have been exporting for four years in a row are rising. How strong these exporters are is the question that CaixaBank Research answer analysing the geographical diversity of the destinations to which they export.
The Spanish economy invested a total of €14.052 billion in research and development (R&D) in 2017, the equivalent of 1.2% of the GDP, according to Spain’s National Statistics Institute. Although this percentage is 6% higher than the previous year, “Spain would take 180 years to reach the 3% target set by the European Commission’s Europe 2020 strategy,” says Xavier Ferràs, Associate Professor in the Department of Operations, Innovation and Data Sciences at ESADE.
The elections in Andalucia have revolutionised Spanish politics with the the worst ever results for the socialist party (PSOE), which has been governing this autonomous community without interruption since 1978, and the entrance of the far right, in the form of the new party Vox, in the Spanish political map.
Wang Tao via Caixin | The meeting between Xi and Trump on Dec. 1 turned out better than expected. According to both the White House statement and Chinese official reports, both sides agreed to enter into immediate negotiations on a broad range of structural issues in the next 90 days, and not impose additional tariffs in the meantime.
Representatives of almost all the countries on the planet are gathering in Katowice, Poland, for the 24th Conference of the Parties (COP24) of the UN Framework Convention on Climate Change (UNFCCC). They will set the course for action on climate change by discussing the implementation plan for the 2015 Paris Agreement which aims to coordinate international effort to halt warming at 1.5°C.