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Lower US economic forecasts weigh on Asian stock markets

Lower US economic forecasts weigh on Asian stock markets

Asian equities closed at their lowest level in more than three weeks as technology stocks fell on concerns about U.S. economic growth. The MSCI Asia Pacific Index fell as much as 1.8%, before recovering some of the losses, with chipmakers Taiwan Semiconductor Manufacturing and Samsung Electronics among the biggest drags. Japanese stocks pared losses, with ...

Banks offer up to 4% to large fortunes for their liquidity in recent months

Banks offer up to 4% to large fortunes for their liquidity in recent months

Spanish banks have begun to reduce the profitability offered by their savings products in recent months following the new path of interest rates in EuropeThe first rate cut implemented by the European Central Bank (ECB) in June and the expected 25 basis point reduction that the monetary authority will carry out this week, according to ...

Tensions rise in Venezuela due to clash between Maduro's opponents

Tensions rise in Venezuela due to clash between Maduro’s opponents

The Venezuelan government, whose brutal repression of dissent is shaking its Latin American allies, threatened to persecute opposition campaign workers who have taken refuge in the Argentine embassy for months. Dozens of agents of President Nicolás Maduro were stationed outside the embassy in Caracas on Friday night, although they had not attempted to enter by ...

Iberdrola awarded 791 MW offshore wind energy project in the United States

Iberdrola awarded 791 MW offshore wind energy project in the United States

Iberdrola, through Avangrid, its subsidiary in the US, has been awarded a 791 MW contract to build the New England Wind 1 offshore wind farm in Massachusetts. Once operational, the facility will be able to supply clean, emission-free energy to 400,000 homes, which represents a population greater than that of the inhabitants of Malaga and ...

The US proposal for a ceasefire in Gaza will be further detailed in a few days

The US proposal for a ceasefire in Gaza will be further detailed in a few days

The CIA director, who is also the lead US negotiator for ending the Gaza war and freeing hostages held by Hamas, said that A more detailed ceasefire proposal would be presented in the coming days. CIA Director William Burns was speaking at a Financial Times event in London alongside Richard Moore, head of Britain’s foreign ...

The BCRP predicts that the purchasing power of families will return to pre-Covid levels in 2025

The BCRP predicts that the purchasing power of families will return to pre-Covid levels in 2025

The purchasing power of Peruvians will return to pre-pandemic levels next year, driven by controlled inflation and a certain greater economic dynamismestimated the central manager of economic studies of the Central Reserve Bank of Peru (BCRP), Adrián Armas. “There is a tendency towards recovery, which is what is important. What we are already seeing this ...

Opposition leader Maria C. Machado says the US should "do more" for Venezuela

Opposition leader Maria C. Machado says the US should “do more” for Venezuela

Venezuelan opposition leader Maria Corina Machado said Thursday that the United States should do “much more” amid an electoral dispute in the South American country since July. The United States is expected to sanction about 60 Venezuelan government officials and their family members in the first punitive measures following the July vote.two sources told Reuters ...

592 gigawatts of installed solar energy capacity are projected by the end of 2024

592 gigawatts of installed solar energy capacity are projected by the end of 2024

Bloomberg NEF, the research firm on raw materials and technologies for the energy transition, presented its outlook for the global photovoltaic industry for this and the coming years. The global projection to close 2024 is 592 gigawatts of solar energy panel installation capacity, which means 33% more than what was recorded in 2023. They explain ...

Musk's X bows to EU data protection demands for its Grok AI

Musk’s X bows to EU data protection demands for its Grok AI

Elon Musk’s Social Network X has agreed to stop processing the personal information of European users to train its artificial intelligence chatbot Grok, bowing to the demands of European Union regulators. The Irish Data Protection Commission announced on Wednesday the company’s commitment to delete personal data of EU users contained in public posts on its ...