BBVA Research

Carbon sinks are all types of land—usually forested—that capture CO₂ emissions. Their existence is essential for addressing climate change, helping to regulate temperature, and serving as habitats for flora and fauna species. They also provide critical resources such as water.

This note contains information related to financial inclusion. Its objective is to present the latest trends and data on savings and transactional accounts and payroll accounts (in commercial banks), and retirement savings funds, disaggregated by gender.

In May 2025, global trade stabilizes, with Asia leading and Europe remaining stagnant. Latin America loses momentum, except for Peru. Mexico stands out in the U.S. despite tensions, while Canada diversifies. Trade flows remain resilient but moderate amid rising uncertainty and new trade barriers

Amid rising global uncertainty, trade tensions with the United States are resurfacing. As background, in 2018 the EU responded to Trump's tariffs by imposing levies of 25% on more than 180 products. This had a lasting effect on the pattern of Spanish imports, although the overall economic impact remained limited.