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Tag: business and finance – economics (general)

Wuhan, mirror of China’s economic acceleration

Wuhan, mirror of China’s economic acceleration

From the top of the Yellow Crane Tower, if you look south, you can see the Optics Valley, the economic and technological development zone of Wuhan. A huge valley surrounded by buildings of more than 30 floors, luxury hotels and international corporations that began to settle in this place in the late 1990s, attracted by […]

The Covid pandemic will freeze wages and increase the pay gap between managers and employees in Spain

The Covid pandemic will freeze wages and increase the pay gap between managers and employees in Spain

The economic crisis caused by the coronavirus draws a horizon of stagnation in salary increases in Spain and a greater distance in remuneration between managers and employees base. The pandemic also opens the door to a dual economy, with an extreme impact on some sectors (services, commerce or tourism) and good results for other types […]

The weight of trade and the low technological intensity of the industry limit the response of the economy to Covid

He strong weight of trade and low technological intensity of the industry of the Valencian Community limit the response of the region’s economy to Covid-19, according to the latest report of the Observatory on Government, Strategy and Competitiveness of Companies (GECE), promoted by Bankia and the Valencian Institute of Economic Research (Ivie), in which the […]

The hospitality industry criticizes the “improvised” closure of the sector: “Do you want to tell us how we are going to pay taxes tomorrow?”

The hospitality industry criticizes the “improvised” closure of the sector: “Do you want to tell us how we are going to pay taxes tomorrow?”

The total closure of the hotel business as a result of the uncontrolled spread of the coronavirus has provoked an angry and unequivocal reaction from all the associations in the sector, from which the “criminalization” that the new restrictions for catering companies have been criticized. “Politics has been mixed with the economy. Now the Botanical […]

Tubos Reunidos requests 115 million from the rescue fund as its production falls by 80% due to the Covid-19 crisis

Tubos Reunidos requests 115 million from the rescue fund as its production falls by 80% due to the Covid-19 crisis

Assembled Pipes, a company with 125 years of history, has claimed the Government of Pedro Sánchez their help to ensure its continuity in 2021. The Alava industry has registered with the State Society for Industrial Participations (SEPI) a total of 115 million euros through individual loans participatory (100 million) and ordinary (5 million) with which […]

“Recovering employment is essential to return to confidence in 2021”

“Recovering employment is essential to return to confidence in 2021”

Consumer credits have been an important tool for reactivating the economy in the midst of a pandemicBut big challenges are faced as consumption has plummeted and there is uncertainty about the economic outlook. The purchase of goods and services has plummeted and in the second quarter of 2020 there was a 20% drop in new […]

The World Bank warns that the delay in vaccination would slow world growth to 1.6% in 2021

The World Bank warns that the delay in vaccination would slow world growth to 1.6% in 2021

The global economy will grow 4% in 2021 and 3.8% in 2022, after suffering a contraction of 4.3% in 2020, assuming that the initial distribution of Covid-19 vaccines is expanded to throughout the year, according to the latest projections from the World Bank, which warns that, if infections continue to increase and vaccine distribution is […]

Madrid asks the Finance Minister for explanations about the distribution of European funds

Madrid asks the Finance Minister for explanations about the distribution of European funds

The Community of Madrid has formally requested explanations from the Ministry of Finance about the distribution of European funds to mitigate the economic impact of the coronavirus. He has done so in a letter that the Minister of Finance, Javier Fernández-Lasquetty, sends to MarÃa Jesús Montero to express that The method used is “incomprehensible”. “It […]

The hotel industry and Valencian nightlife clings to the ‘Tardevieja’ before losses that amount to 2,000 million euros

The hotel industry and Valencian nightlife clings to the ‘Tardevieja’ before losses that amount to 2,000 million euros

The hoteliers Valencians tried to save their Christmas with ‘Tardebuena’, but it didn’t work out as expected. A third of the usual capacity is not enough to maintain their businesses, which accumulate losses during the closing months and which only continue to stand “due to a moral boost, not profitability”. 20% have not even raised […]

Maroto announces more measures by the communities for trade and tourism

Maroto announces more measures by the communities for trade and tourism

The Minister of Industry, Commerce and Tourism, Reyes Maroto, said this Monday that there are many communities that they will announce more measures to support tourism, hospitality and commerce. He pointed this out at a press conference after meeting with the autonomous communities and municipalities at the intersectoral conference on trade and tourism. At the […]