PPCC: Pisitófilos Creditófagos. Verano 2023

[Cadavre Exquis]

https://elpais.com/economia/2023-09-09/el-tope-a-la-actualizacion-del-alquiler-ha-ahorrado-hasta-1300-euros-a-los-inquilinos-pero-pierde-impacto-al-bajar-el-ipc.html

Saludos.

[Cadavre Exquis]

https://elpais.com/economia/2023-09-09/el-bce-entre-el-rigor-y-el-rigor-mortis.html

Saludos.

[Asdrúbal el Bello]

Recuerden: "Ningún plan sobrevive al contacto con el enemigo".

[senslev]

“The Middle East will be the new Europe”

https://twitter.com/MyLordBebo/status/1700866005948379387?s=20

[Derby]

https://indianexpress.com/article/explained/data-to-oil-gas-to-goods-seamless-sea-rail-corridor-from-india-to-europe-8932691/

Data to oil, gas to goods: What is the announced sea-rail corridor from India to Europe?

Officially called the India-Middle East-Europe Economic Corridor, it is being positioned as a modern-day Spice Route, and more significantly, as a weighty ideological alternative to China’s Belt and Road Initiative.

Prime Minister Narendra Modi’s announcement Saturday that a connectivity corridor spanning India to Europe via West Asia would be launched soon, entails an ambitious project than could leverage railway tracks and shipping corridors to help physically link up a vast stretch of the Eurasian subcontinent, and in the process improving digital connectivity and catalysing trade among countries, including energy products such as green hydrogen.

Officially called the India-Middle East-Europe Economic Corridor, it is being positioned as a modern-day Spice Route, and more significantly, as a weighty ideological alternative to China’s Belt and Road Initiative. The project involves the laying of a railway link through the Arabian Peninsula that could then link up with shipping passages to India and Europe on both ends of this proposed corridor.


Source: ‘India’s Arab-Mediterranean Corridor: A Paradigm Shift in Strategic Connectivity to Europe’, a paper by Michael Tanchum published by National University of Singapore and Institute of South Asian Studies. Issue No. 14, August 2021

Modi made the announcement flanked by US President Joe Biden and Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman Al Saud, with European Commission President Ursula von der Leyen sitting alongside, during the annual Group of 20 Leaders’ Summit in New Delhi.(...)

https://www.aa.com.tr/en/europe/7-countries-eu-sign-memorandum-of-understanding-for-trade-corridor-linking-europe-middle-east-and-india/2988027#

7 countries, EU sign memorandum of understanding for trade corridor linking Europe, Middle East and India

(...) While the corridor is seen as a challenge to China's economic influence in the region, it is also expected to bring significant strategic and economic benefits to India.

Stressing the importance of the project, Indian Prime Minister Narendra Modi said the corridor would be a beacon of cooperation, innovation and shared progress for India, West Asia and Europe in the future.

During an afternoon session at the G-20 Leaders’ Summit, US President Joe Biden said the corridor would facilitate trade and energy exports.

Ursula Von der Leyen, president of the European Commission, described it as a "green and digital bridge across continents and civilizations."

Saudi Crown Prince Mohammed bin Salman said the project would contribute to developing railway networks and infrastructure and create long-term business opportunities.

https://twitter.com/MicroCapInvest_/status/1700553572960858455

[Derby]

https://www.ft.com/content/f67516dc-d91c-44c8-915a-36cc6fc90790

Beko owner warns on risk of China dumping goods as domestic demand slows

Head of Turkey’s Arçelik also expresses concerns about demand for home appliances in Europe

The head of one of Europe’s biggest home appliance makers said China’s slowing growth was “very worrying”, warning the country’s sprawling manufacturing sector could dump cheap products elsewhere as the domestic market cools.

Hakan Bulgurlu, chief executive of Istanbul-based Arçelik, said in an interview with the Financial Times that the “huge capacity” of Chinese manufacturers was a major risk for rivals.

“If the Chinese market slows, that means they need to use that capacity and put that product in other markets,” he said. His company owns brands including Beko and is in the process of buying a majority stake in Whirlpool’s European household appliances business.

His warning highlights the global ripple effects from China’s deteriorating economy. The hoped for recovery after the end of Covid-19 lockdowns last year has been disappointing and consumers are not making big purchases. Sales of home appliances fell 5.5 per cent in July from the same month in 2022, according to the country’s statistics agency.

“China really is the engine and the engine is sputtering at the moment,” Bulgurlu said, adding: “I don’t see it recovering quickly.”(...)

[el malo]

Recuerden: "Ningún plan sobrevive al contacto con el enemigo".

O como dijo ese gran filósofo Mike Tyson.. "todo el mundo tiene un plan hasta que se llevan la primera h*stia"

[Derby]

https://cincodias.elpais.com/economia/2023-09-10/la-vivienda-por-las-nubes-para-largo-en-madrid-y-barcelona.html

La vivienda por las nubes va para largo en Madrid y Barcelona

La escasez de oferta en compra y alquiler tensiona los precios de las dos grandes ciudades españolas a niveles nunca vistos



Madrid y Barcelona suelen adelantar tendencias en el mercado inmobiliario español, que vive tiempos paradójicos. Mientras las compraventas caen hasta junio el 14,5% (según datos del notariado) en el conjunto de España, los precios continúan al alza, ajenos al brutal encarecimiento de las hipotecas en el último año de subidas de los tipos de interés por parte del BCE.(...)

[Derby]

https://africa.businessinsider.com/markets/dollar76-trillion-of-us-government-debt-will-mature-in-the-next-year-adding-pressure/9xxvgym.amp

$7.6 trillion of US government debt will mature in the next year, adding pressure on rates

Nearly a third of all outstanding US government debt is set to mature in the next 12 months, according to an analysis from asset management firm Apollo.

[Cadavre Exquis]

El inefable Carlos Polanco comparando el mercado del alquiler con el infierno de la Divina Comedia de Dante

https://www.expansion.com/economia/2023/09/09/64fb626fe5fdea83158b4641.html

¿Como era aquello?

• Bajar, no bajan
• Bajan (pero poco)
• To be continued...

Saludos.

[Cadavre Exquis]

https://www.expansion.com/empresas/banca/2023/09/09/64fb752f468aeb282c8b45f5.html

Saludos.

[Cadavre Exquis]

https://www.expansion.com/economia/financial-times/2023/09/08/64fb0d58468aebaa4c8b459f.html

Saludos.

[Cadavre Exquis]

https://www.expansion.com/opinion/2023/09/09/64fb81d2468aebe2448b4650.html

https://www.pressreader.com/spain/expansion-nacional-sabado/20230909/page/30/textview

Ya no es un hecho que China se convierta en la mayor economía global

https://www.expansion.com/economia/2023/09/08/64fad3a0468aebd6308b45fa.html

Saludos.

[Cadavre Exquis]

https://www.expansion.com/opinion/2023/09/08/64fb8770468aeb0b688b45d6.html

https://www.expansion.com/opinion/2023/09/08/64fb86df468aeb99518b4626.html

Saludos.

[Cadavre Exquis]

https://www.expansion.com/opinion/2023/09/08/64fb85aa468aebc0038b4627.html

Saludos.