Fernando Rodríguez | Close to nine out of 10 members of Boards of Directors – some 89% – believe that “one or two members should be replaced” on their board. This is according to the latest survey Board effectiveness: A survey of the C-suite elaborated by consultancy PwC and independent organisation The Conference Board, following questions put to 550 top executives from listed companies. Only 29% of those selected think…
Pedro García Cuartango, former editor of the newspaper El Mundo, explains in ABC the surprise, the indignation, produced by the penultimate nonsense of the PSOE-UP coalition government regarding its educational project: “The unbelievable becomes possible and the possible becomes real. This is what is going to happen with the decree that the Government is preparing to approve erasing the study of Spanish History before 1812 from the Baccalaureate. Neither the…
Amongst the measures to be approved today by the Council of Ministers, Prime Minister Pedro Sánchez has included limiting rent rises to 2%. This is against a backdrop of when, in February for example, the CPI rose by 7.6%, according to the INE. This will be a temporary measure, in principle in force until June, and will differentiate between large and small landlords. If the landlord is a “large landlord”…
Fernando González Urbaneja | The crisis that most resembles the current one, although history does not repeat itself, was that of 1973 when Arab oil exporters decided to use a barrel of oil as a weapon of war against the West and, in particular, Israel. The rise in the price of oil, irreplaceable and indispensable for all advanced economies, imposed an unprecedented cost and supply crisis. Supply shocks bring inflation,…
Carlos Segovia explains in El Mundo that “Since Thursday a powerful threat of impoverishment has been looming in the EU, particularly in the countries that were already lagging furthest behind in the recovery, with double the unemployment and higher inflation. That is Spain, unfortunately, which had already been slowing down in recent weeks. It was symbolic that Pedro Sánchez cancelled his participation in the Spain Capital Markets forum organised by…
Fernando González Urbaneja | There is an abundance of modern, current literature on how democracies die; it is a subject that interests academics who theorise on the subject and retired politicians who use their heads to think and review what they have experienced and suffered. In almost all these works there are two indicators that do not fail. Firstly the practice of destroying adversaries turned enemies, and secondly the discrediting…
Up to six European countries have already announced that they will abandon the Digital Services Tax (DST) (known as the Google tax) after its failure to raise revenue. They have expressed their intention to eliminate this tax and transfer their tax policy to the new international project, led by the US, on which the Organisation for Economic Co-operation and Development (OECD) is already working. These countries will wait for the OECD’s new tax rules to be approved before eliminating their Google taxes.
Spain is the third country in Europe and first in the European Union in terms of the number of free wifi hotspots on its streets, according to a study by VpnMentor, the world’s largest VPN review website. Spain has 93,225 free wifi hotspots, placing it behind only Russia and Ukraine.
Alphavalue | Spanish Prime Minister, Pedro Sánchez, has announced that the country will earmark 20% of its special drawing rights to the trust funds for vulnerable countries. The special drawing rights (SDR) are an international reserve asset, created by the International Money Fund in 1969 to supplement its member countries’ official reserves. Specifically, Sánchez has said that a minimum of 350 million euros will be destined for boosting the capital…
Fernando González Urbaneja | Pedro Sánchez has promised in some ad hoc forums to repeal the labour reform, although in other forums he has argued the opposite in order to point to a revision of the Workers’ Statute taking into account the new labour frameworks of the 21st century.