The ECB raises interest rates to 2.50% to combat inflation caused by the Iran war

The ECB raises interest rates to 2.50% to combat inflation caused by the Iran war

The European Central Bank followed the script this Thursday and raised interest rates by a quarter of a point, to 2.50% on the general rate. It is the second increase of the year, reaching highs not seen since March 2025, and the main question in the markets is whether there will be another hike before the end of the year. Affected by the Iran conflict, “inflation will remain well above the target (2%) for a prolonged period,” the entity warned in the decision statement. Higher prices, for longer.

Read Full News
Barcelona confirms its improvement before LaLiga and increases the salary cap

Barcelona confirms its improvement before LaLiga and increases the salary cap

LaLiga has made public this afternoon the Sports Squad Cost Limit (LCPD) of the clubs in the First and Second Division and once again Real Madrid is the club with the highest salary cap, with 832.786 million euros. Increasingly close to those amounts is FC Barcelona, which reaches 582.769 million confirming its positive evolution, far from times of crisis when the figure was negative. In the 2021-22 season, after the winter market closed and with the effects of covid still very evident, the blue and claret club showed a negative LCPD of 144.353 million.

Read Full News
Sánchez and Page highlight the collaboration between administrations, “without political calculation”, against fires

Sánchez and Page highlight the collaboration between administrations, “without political calculation”, against fires

In contrast to what happened last summer, when the management of forest fires intensified the political clash between the central Executive and some autonomous communities governed by the Popular Party, such as those of Madrid or Castilla y León, Pedro Sánchez and the president of Castilla-La Mancha, Emiliano García-Page, both socialists, agreed this Wednesday on the importance of coordination and joint work between the different administrations, “shoulder to shoulder”, to fight against fire and the consequences of the climate emergency. The mayor of Tamajón (Guadalajara), Eugenio Esteban, of the PP, also thanked this collaboration between administrations, during the visit that Sánchez and Page made to the advanced command post installed in this town to combat the La Mierla forest fire, which has already devastated more than 32,000 hectares and has become the largest in Castilla-La Mancha.

Read Full News
The 'boom' of home renovations in Ceuta with (cheap) immigrant labor

The ‘boom’ of home renovations in Ceuta with (cheap) immigrant labor

In the neighborhoods on the outskirts of Ceuta, some unsettling movements on wheels catch the eye. Besides the immigrants wandering back and forth and the military all-terrain vehicles patrolling the avenues, many Piaggio Porters – compact classic vans for small deliveries – rush through the narrow and steep streets. They look like taxis, going back and forth. On Saturday at noon, they lined up in a row at a roundabout in Loma Colmenar to access some construction material warehouses. They arrive, load – cement, mortar, plasterboard, gypsum boards, or bricks – and leave. And they come back for more.

Read Full News