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Russia-Ukraine war

Russia-Ukraine war latest publications

June 3, 2022

Energy transition, efficiency and decarbonization in Europe. REPowerEU

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%.

May 11, 2022

Spain | Balearic Islands Economic Outlook 2022

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.

May 3, 2022

Spain | Regional growth: war, NGEU funds and tourism

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.

April 29, 2022

Spain | GDP grew 0.3% q/q in 1Q21, below expectations

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 advance in investment and exports.

April 27, 2022

Spain | Exposure of the Spanish economy to the effects of the Russian invasion of Ukraine

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 the current context, uncertainty is exceptionally high.

April 18, 2022

Global | War, interest rates and COVID-19 map out the economic landscape

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.

April 18, 2022

Global | A burgeoning crisis in commodity prices

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.