Western countries are working on digital currencies that do not pay interest, so as not to compete with commercial banks. However, China and its mBridge project, through which it has launched the digital renminbi, do allow users to earn returns. Analysed by Consejeros Editorial Team Until now, the debate surrounding the digital renminbi and the mBridge Project (the platform developed by China in collaboration with the Bank for International Settlements…

Report by Renta 4 European markets opened lower (Eurostoxx futures down 0.8%, S&P 500 down 0.8%, Nasdaq 100 down 1.6%), with profit-taking continuing, particularly amongst chip and memory manufacturers (yesterday Nasdaq down 1.6%), and this is also being felt in Asia (Japan down 5%; South Korea closed for a public holiday), despite strong results in recent days (TSMC, Samsung) and in a market that is questioning the sustainability of valuations,…

Reported by the Editorial Team According to an article published by the World Economic Forum, air pollution is the greatest global environmental risk, causing 6.7 million premature deaths and an economic cost of 8.1 trillion dollars annually (6 per cent of global GDP). Despite the severity of the problem, the authors point out that there is a significant information gap: in 2024, 36 per cent of countries lacked air quality…

Analysed by Tiffany Wilding Both headline and core CPI inflation came in lower than expected in June. Headline CPI fell by 0.4 per cent month-on-month, bringing the year-on-year rate down to 3.5 per cent, as a fall of approximately 10 per cent in energy prices combined with unexpectedly subdued core inflation. Core CPI remained unchanged over the month. What does this mean? It is important to note that the details…