This presentation addresses the EU-Latam relationship and its structural challenges, as well as focusing on the analysis of the levers for productivity growth and how both regions can better address the challenges ahead by shoring up their relations on multiple fronts, building on many strengths.
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The increase in EU gas reserves to 94% of capacity together with warmer weather and lower consumption indicates that Europe is in a good position to face the rise in consumption during winter. Factors to be considered are the European Commission's proposal on the gas price cap and possible gas supply cuts.
Monitoring and forecasting inflation in Europe in recent quarters has been a real headache for analysts, with continuous upward reviews due to a steady succession of unforeseen shocks that are not down to typical demand or oil price pressures.
Since Russia’s invasion of Ukraine began, the European Union (EU) has had to rethink its long-standing reliance on Russian gas, which accounted for around 40% of the region’s total consumption in 2021. Notably, this reliance has been growing ov…
This presentation describes the state of the global decarbonization process, summarizes the impact of GHG emission reduction policies and focuses on Europe and the effect of the complex geopolitical scenario.
June 1, 2022
Mexico | Remittances grew 16.5%, but due to inflation, households received only 8.2% more
Inflation has also hit the remittances-receiving households in Mexico, although they grew 16.5% in US dollars in April, they increased 8.2% in real terms. Something similar happened in March, the flow of remittances in US dollars increased 12.9%, but in real terms they advanced 4.1%.
The GDP of the Balearic Islands would have grown by 10.5% in 2021. The sanctions imposed on Russia and the increase in fuel prices reduce growth expectations. Even so, Balearic GDP could increase by 7.1% in 2022 and 5.0% in 2023, making the Balearic Islands the most dynamic region in the three-year period 2021-2023.
The potential effects of the war between Russia and Ukraine on Spain's autonomous communities are not uniform — the impact could be worse on the northern regions and less severe on the Levante coast and the islands.
The economy slowed down more than expected in 1Q22 (to 0.3% q/q), mainly due to the weakness of private consumption. However, there are some positive elements in the composition of demand, as growth was supported by a higher-than-expected advan…
The Russian invasion of Ukraine and the associated severe sanctions represent a significant supply shock, with negative effects on both growth and inflation, through the commodity, financial volatility, confidence and supply chain channels. In …
We have become used over the last decade to major shocks to the economy coming from factors which are not strictly economic in nature; whether they are protectionist policies, COVID-19 or, now, the war between Russia and Ukraine, which has worsened the global outlook and increased uncertainty.
After 50 days since the start of the Russian invasion of Ukraine, we take a look back at what has happened to commodity prices and offer a few ideas about their likely future trend.