Online shopping on cheap Chinese websites reduces revenue by 1 billion

Online shopping on cheap Chinese websites reduces revenue by 1 billion

Purchases from Chinese platforms in Spain cause a revenue shortfall of 1.058 billion euros in the trade and distribution sector. Whether Shein, Temu, or Alibaba, behind cheap purchases there is a greater impact than consumers imagine, blindly guided by price. The truth is that their packages usually pay VAT on less than their real value; social security contributions and personal income tax are lost by avoiding setting up a chain of stores, workers, and local suppliers; and companies do not face corporate tax like local ones, as these are brands with a foreign base and minimal presence in Spain.

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Josep Santacreu: “The Chamber is not just the Chamber of SMEs, it is for all companies”

Josep Santacreu: “The Chamber is not just the Chamber of SMEs, it is for all companies”

In the last 25 years of the history of the Cambra de Comerç de Barcelona, it had never happened that a decision of the plenary had to be decided by the vote of its president. Josep Santacreu (Guisssona, 1958) has faced this week the most intense disagreement of his term, with the opposition of half of the body to expanding the so-called silver seats to give more weight to large companies.

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How the economy defines who wins the World Cup

How the economy defines who wins the World Cup

Today Spain plays its final to win the Football World Cup. Beyond technical criteria, for years there have been several studies attempting to establish some correlation between sport and the economy. In their famous 2004 research on the Olympic Games, Who wins the Olympic Games, economists Andrew B. Bernard and Meghan R. Busse demonstrated that a nation’s total GDP — which combines the size of its population with its per capita wealth — is the best predictor of sporting success. The thesis is that money buys infrastructure, technology, and coaches, while the population provides the critical mass necessary for natural sporting talent to emerge. What do the data from this World Cup say?

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Trump will sell his social media messages to Wall Street investors

Trump will sell his social media messages to Wall Street investors

Paying $100,000 every month to know in advance Donald Trump’s messages on social media can provide investors with very valuable information about how the markets will evolve in the moments afterward. Regarding this mechanism, which borders on a dubious practice of insider information access, the President of the United States aims to monetize his presidential position even more.

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The Cambres law is delayed due to the controversy over the silver chairs

The Cambres law is delayed due to the controversy over the silver chairs

The silver chairs of the Cambra de Barcelona continue to generate controversy, even after the plenary of the entity approved this controversial measure on Thursday. The parliamentary groups of the Comuns and the CUP jointly submitted a request yesterday for an opinion from the Consell de Garanties Estatutàries on various articles of the future Cambres law, a text that has been stalled for more than a decade without reaching the Parlament. The regulation, a proposal prepared by the chambers themselves, was supposed to be voted on in the hemicycle next Wednesday, but this request will clearly delay the process again until September.

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