Browsing Tag

2023

Oil giants suffer drop in profits in 2023

Oil and gas multinationals experience a significant decline in their profits during the first half of the year, as a result of the fall in fuel prices, after an exceptional 2022. However, these companies continue to be profitable. On…

Pedro Sánchez calls early elections for July 23

This Sunday, Spain held the municipal and regional elections. After knowing the results, unfavorable for Pedro Sánchez and the PSOE, the president of the Spanish government announced the early elections for next July 23. Pedro Sánchez's…

BMW sales fell in the first quarter of the year

Sales of the German automaker BMW fell 1.5% year-on-year in the first quarter of the year, to 588,000 vehicles, as announced by the company itself. BMW detailed that vehicle deliveries in China fell even more, 6.6% compared to the same…

The US economy grew “slightly” in early 2023

The Beige Book of the US Federal Reserve (Fed), a document that provides a detailed assessment of the economy by the 12 US regional central banks, indicated that the country grew "slightly" at the beginning of the year. "Economic activity…

Deterioration of the world economy will bottom out

The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, expressed confidence that the deterioration in global economic activity will bottom out this year and that growth will accelerate again in 2024. "Our…