As expected, the European Central Bank (ECB) today Thursday kept interest rates at 2.5%, with an eye on the worsening conflict in the Middle East and the impact it may have on inflation.
The story of Curra, who is 94 years old today, is that of many other women in the 1950s. Young girls who became pregnant by a man who disappeared and were forced to disguise their situation for fear of what people would say. It happened to Curra with Benito 73 years ago, when she became pregnant. Curra’s parents hid her throughout the pregnancy and concealed the real kinship, making Benito, in everyone’s eyes, the son of her grandparents and Curra’s brother. Now, 73 years later, they have been able to register in the Civil Registry of Tarifa (Cádiz) as what they really are: mother and son.
“We are prepared for the worst-case scenario. Repsol is prepared to supply the Spanish economy with the products we produce. When I speak of the worst-case scenario, I refer to a worsening of the situation in Hormuz. I am not saying that will happen. It would be very positive to see a solution in the short term.” This is the warning issued this Thursday by Josu Jon Imaz during the conference with analysts to present the first-half results, in which the company’s profit soared due to rising oil prices and the increased volume of its reserves.
The situation has occurred again. Red Eléctrica has reported that on Wednesday night, specifically at 22:18, the system operator proceeded to activate the active demand response service, provided for in PO. 7.5. The activation lasted until 24:00.
“One team, two brands and five vehicles”. Ford of Europe President, Jim Baumbick, confirmed this Thursday the “strategic alliance” of the Blue Oval firm with Chinese giant Geely to jointly produce from the Valencian plant in Almussafes. In the presence of the President of the Government Pedro Sánchez, Baumbicj and Geely’s Executive Vice President, Victor Yang, announced the creation, starting in 2027, of a joint venture to optimize the factory’s capabilities and be able to produce five vehicles from it starting in 2028. According to data provided by Ford, Almussafes has an annual capacity to produce half a million vehicles.
Despite the double-digit increase in prices over the last five years, a significant portion of wage increases aimed at preserving purchasing power has ended up in the State’s coffers as a result of the non-deflation of personal income tax (IRPF). According to a study published today by the employers’ association Pimec, approximately half of the labor cost to correct for inflation is allocated to Personal Income Tax (IRPF) and social security contributions.
France is overwhelmed by forest fires and by the lack of sufficient aerial means to combat them. Hence, the Government announced this Thursday that it will experimentally adapt a military transport aircraft, the Airbus A400M Atlas, to help extinguish fires like the one that has already forced the evacuation of more than 20,000 people near Bordeaux.
The simultaneity of fires in Madrid complicates extinction efforts, with three active fires within a radius of less than 20 kilometers. Thus, in addition to the fires in Almorox (Toledo) and Burgohondo (Ávila), a new fire has been added in San Martín de Valdeiglesias (Madrid) after a car caught fire on the M-501, with the added difficulty of them being very close to each other and in three different autonomous communities.
The European Commission dealt a very significant blow to Google this Thursday, challenging the United States at a delicate moment in trade relations across the Atlantic. Brussels is shaking up the US tech industry by imposing two fines totaling 890 million euros for violating the European Digital Markets Act (DMA). The sanctions could be a cause for anger in the White House, as the criticized Turnberry trade agreement is about to complete a year and while US President Donald Trump finalizes new tariffs due to the expiration of the 10% global levies he imposed after the Supreme Court annulled his previous tariff barriers in February.
Alberto Núñez Feijóo has been very critical of the “agreed interview” that José Luis Rodríguez Zapatero granted to RTVE to explain the jewels valued at 1.3 million euros and the alleged collection of a commission for helping with the rescue of Plus Ultra. In the opinion of the PP leader, Zapatero “answered nothing” and assured that Pedro Sánchez “is in Zapatero’s hands and Zapatero is in Julio Martínez’s hands,” referring to the businessman who confessed that the former President of the Government took 1% of the Plus Ultra rescue.