In mid-summer, 70% of nightlife venues in Spain, according to figures from Spain by Night, were still closed despite the de-escalation. The restrictions in the different autonomous communities did not allow the majority of nightclubs, discos and bars in our country to remove the “temporarily closed” sign since they were not adapted to what the health authorities of their respective territories required of them. . At that time, the owners of the Spanish discotheques were satisfied with the request for the European vaccination certificate to be able to access their establishments, but “that this was not just another restriction”, that…
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Algeria has been preparing since 2018 for the closure of the Maghreb gas pipeline. Sonatrach put into operation a connection between El Aricha and Beni Saf with the intention of diverting part of the gas that was transported through Tarifa to Medgaz, the submarine interconnection with Almería. The Algerian company and the owners of Medgaz (Sonatrach, Naturgy and Blackrock) expected to have the expansion of this gas pipeline operational by this past September but, according to sources consulted, some problems on the Spanish side are making it difficult to put into operation of this expansion that will serve to bring…
Iberdrola, through its subsidiary Scottish Power, has started the operation of the Beinn an Tuirc III wind farm, on the Kintyre peninsula, the first wind farm to supply Amazon with green energy in the United Kingdom under an energy purchase-sale agreement long-term (PPA). The launch of this project coincides with the celebration of COP26, which is hosted by Glasgow between October 31 and November 12, 2021, in which the Spanish power company participates as the main partner. This new facility has 14 wind turbines and an installed capacity of 50 MW, which allows it to generate enough clean electricity for…
The financial institution and the foundation have renewed their collaboration agreement whereby Caja Rural de Teruel makes a financial contribution to collaborate in the creation, management and revitalization of the Alcañiz Museum. The agreement also contemplates the support of Caja Rural de Teruel to promote the diffusion and cultural development of Bajo Aragón through the visual arts and music. With the renovation, Caja Rural de Teruel shows its commitment to the dissemination of culture in rural areas, which is reinforced by the fact of being a founding member of the Fundación Quílez Llisterri since its creation. It is also part…
Ibercaja and the Aragonese Triathlon Federation have renewed this week the sponsorship agreement they maintain regarding the Ibercaja League of Triathlon Clubs, which since the 2018 season, brings together almost 40 clubs of this specialty in the autonomous community and is organized into three different divisions. The League is disputed, through a points system, during the more than 30 competitions that make up the annual FATRI calendar, spread throughout the Aragonese geography, which are capable of calling up to a total of 6,000 registrations of athletes at the end of each season. The Ibercaja Head of Institutional Business and Sponsorships,…
The economy of Castilla y León could grow by 5.2 percent in 2021, two tenths less than the June estimate given “the somewhat lower growth” than expected in the second quarter, according to the latest issue of the report ‘ Castilla y León Economic Forecasts’. The report, prepared by Analistas Económica de Andalucía, a research company of the Unicaja Banco Group, foresees that employment will increase by 0.8 percent in the average of 2021, placing the unemployment rate at 12.2 percent. For its part, estimates for 2022 point to greater growth in activity and employment , so that the Gross…
The Government of Aragon will distribute 47.1 million euros to 2,577 companies that applied for aid to Business Solvency, financed by the central Executive. The BOA has published this Friday, October 29, the list of beneficiaries who will be able to collect from the middle of November, once the period of ten days that must be enabled to study the possible presentation of resignations closes. The regional Executive is going to launch, imminently, an express call, with minimum deadlines for receipt of applications, so that Aragonese businessmen can absorb the maximum amount of the amount that corresponds to Aragon. The…
The indebted Chinese real estate giant Evergrande is looking to convert itself into the new energy vehicle (NEV) sector in about 10 years, according to local Chinese press. In addition to this strategic change, the founder of the company, Xu Jiayin, also seeks that the conglomerate can guarantee the construction of the properties that it has pending completion, according to the Chinese financial daily Securities Times in information collected by EFE . The newspaper adds that the company’s priority is to “deliver finished buildings” and resume production and real estate sales. The group’s shares rose 4.3% on the Hong Kong…
Has the 60/40 portfolio concept that has kept the wealth management world afloat in recent years dead? The investor, more conservative than risky by definition, has traditionally allocated 60% of his long-term investment portfolio to equities – a part that provides juicy returns – and the remaining 40% to fixed income, the part that gives stability. .until today. “With inflation at 4%, the saver will have to become an investor if he does not want to continue losing purchasing power. It is very likely that in the coming years we will have an inflation higher than the current one, “…
China has provided many joys to investors in recent decades, thanks to the double-digit growth it has experienced and the opening of its markets to foreign investors. In 2020, when the pandemic hit all Western countries hard, its extraordinary containment measures led to a speedy recovery, which translated into a 27% revaluation in the funds that invest in Chinese companies, many of them large public technology firms. In U.S.A. Wealth advisers have long recommended exposure to emerging markets which, depending on the investor’s risk profile, can be as high as 20%. And the former Empire of the Center occupies a…