Isabella Weber: ‘It’s time to cut rates’
The economist, one of the first to blame part of the recent inflation on corporate profit, is calling on central banks to change their monetary policy
The economist, one of the first to blame part of the recent inflation on corporate profit, is calling on central banks to change their monetary policy
The low cost of energy in the country is a great asset when it comes to attracting manufacturing interest. Germany no longer has Russia’s pipeline, which makes industrial activity more expensive
‘Before making any decision, we look at our current capacity and calculate the requirements,’ says Mike Considine, a deputy secretary at the Department of Energy, in a conversation with EL PAÍS
The strong rise contrasts with the sluggish overall consumption, according to the IEA, which forecasts that renewables will overtake coal next year
As head of commercial aviation at the French-based airplane manufacturer, Scherer is confident that sustainable fuels will decarbonize the sector in the short and medium-term. In a conversation with EL PAÍS, he reiterates that the first hydrogen model will be flying by 2035
According to the International Energy Agency, fragile growth, efficiency and electrification are key factors. OPEC+ is also losing its market share with greater supply from the United States, Brazil, Guyana and Canada
Despite sharp interest rate hikes, both are defying the gloomy forecasts of many economic analysts
Petroleum is facing three markedly different scenarios depending on the extent of the Ayatollah regime’s involvement in the Israel-Hamas war
The largest manufacturer of automotive components sees hydrogen as the future for heavy-duty mobility
The Danish pharmaceutical company has become the most valuable business in Europe thanks to its products that combat the disease, which the WHO believes has ‘acquired pandemic proportions’
Without the exporting boom of Novo Nordisk, now the highest valued company in Europe, the Scandinavian country’s economy would be in the red
Each barrel of crude that the Kremlin sells is already clearly above the set threshold, but the U.S. and the other non-EU members of the G7 — Canada, Japan and the United Kingdom — are refusing to introduce changes
The British expert criticizes the West’s complaints about China’s investments in Africa and Latin America when the former doesn’t do anything to build hospitals and schools there
Water scarcity, accentuated by climate change, is being felt in the fields of one of the wettest countries in Europe
The EU has placed a large part of its hopes for decarbonization and strategic energy independence on wind farms. Of all member states, Denmark is in the lead: by 2030, the Scandinavian country’s energy production from wind turbines will exceed national demand
Brazil’s sales grow by a third, Mexico’s increase almost 50% and Colombia quadruples its shipments. Venezuela, Ecuador and Trinidad and Tobago went from not selling any last year to reaching the Spanish market
Electricity generation through solar, wind and water exceeded total demand in mainland Spain on Tuesday, a pattern that will be repeated more and more in the future
The US economist criticizes the loosening of regulations under Trump and discusses the risk that central banks will go too far with rate hikes
The shutdown of the remaining German reactors coincides with the startup of a new reactor on the Finnish coast
Green energy companies in the South American country are demanding changes to current laws and improvements to the electrical distribution systems. This is so that they can receive correct remuneration, while ensuring that megawatts are not wasted
Studies point to 2030 at the latest for a decline in demand for gasoline and diesel as electric vehicles continue to make inroads. Almost one in three new cars in China and one in four in Europe are already plug-in hybrids
Moscow is exploring all possible ways to survive European and American reprisals for the invasion of Ukraine
Since 2020, the global economy has been facing major shifts and challenges: unexpectedly high inflation, abrupt rate hikes, de-globalization and the energetic transition
Exxon, Chevron, Shell, BP and TotalEnergies made a combined net income of nearly $200 billion. The year of the Ukraine war was their best year in history
The United States is home to 16 of the 20 largest public businesses by market capitalization, one more than last year
The business magnate’s net value dropped significantly due to Tesla’s stock crash, while other tech chiefs also saw major losses, according to the Bloomberg Billionaires Index
The UK, Italy and Greece were the first to announce a specific levy on power giants, while Spain and Belgium recently proposed similar plans