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Investments and Business

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Analyzing the potential risks for Spain’s economy in 2025

La economía de España se dispone a afrontar varios retos y posibilidades en 2025. De acuerdo con el estudio 'Perspectivas 2025' desarrollado por BBVA Research, se prevé un crecimiento constante y moderado, potenciado principalmente por áreas como el turismo, la construcción y la adopción de estrategias sostenibles.Miguel Cardoso, principal economista de BBVA Research para España, resalta que, aunque en 2024 se temía una parálisis económica por el incremento de los tipos de interés y la inflación, las proyecciones se han elevado debido a la mejoría del empleo y las exportaciones de servicios. Para 2025, se prevé que la economía española…
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SpaceX pushes to transform Starbase into a new city in Texas

SpaceX pushes to transform Starbase into a new city in Texas

SpaceX, the aerospace company led by Elon Musk, has put forward an ambitious proposal to turn its Starbase facility in Boca Chica Beach, Texas, into an officially chartered city. The company has submitted a petition urging local authorities to approve the move, which it says would support the continued growth of its business and workforce in the region. Starbase, located in the southernmost part of Texas near the Mexican border, serves as the hub for SpaceX's development and launch of Starship, the massive spacecraft designed for missions to the Moon, Mars and beyond. The company said incorporating Starbase as a…
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The Federal Reserve plans to cut rates despite persistent inflation and a strong economy

The Federal Reserve plans to cut rates despite persistent inflation and a strong economy

Federal Reserve Chair Jerome Powell and the Federal Open Market Committee (FOMC) will announce their latest monetary policy decision on Wednesday, and market participants are preparing for a surprising move. Despite inflation remaining above the Fed's 2% target, robust economic growth of around 3% and a strong labor market, the central bank is expected to lower its benchmark interest rate by 25 points basis, bringing the target range to 4.25%-4.5. %. This potential cut comes as a surprise to many, as conventional wisdom would suggest that the Fed might maintain or even raise rates under such economic conditions. Futures market…
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UK economy contracts in October, raising concerns about growth and inflation

UK economy contracts in October, raising concerns about growth and inflation

The UK economy unexpectedly contracted in October, exacerbating fears of a prolonged economic slowdown as businesses and households grapple with uncertainty. According to the Office for National Statistics (ONS), gross domestic product (GDP) fell by 0.1% month-on-month, defying economists' expectations of a modest 0.1% increase. This contraction follows a similar 0.1% decline in September, marking the second consecutive month of negative growth and raising concerns about the country's economic trajectory. The ONS attributed October's decline to reduced output across all key sectors. However, on a three-month rolling basis, GDP showed a slight increase of 0.1% for the period ending in…
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