Topics of the EFE Economic Day for Thursday, June 27, 2024

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Topics of the EFE Economic Day for Thursday, June 27, 2024

Tourism situation

Madrid – INE publishes data on tourism by Spanish residents in the first quarter of 2024, after breaking a new record in 2023 with their travel spending up 17% from the previous year and 23% from the previous year. Before the epidemic.

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Ukraine war

kyiv – Spain’s Minister of Economy, Trade and Commerce, Carlos Badi, opens a business meeting in Ukraine, where Spanish companies seek to establish themselves and establish local contacts for the development of future reconstruction projects in the country. 855 days against the Russian invasion.

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Indira Strategy

Alcopentas (Madrid) – Indra’s board of directors discusses the purchase of Hispasat and Histesat, on the same day it calls its shareholders to approve the constitution of the future Indra Espacio, in which it foresees its space operations. A turnover of around one billion by 2030.

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Talco Board

MADRID – Talco is holding a general meeting of its shareholders, which comes as the future of the Spanish train manufacturer is decided after Hungarian group Ganz-MaVag (Magyar Vagon) launched a takeover bid that the Spanish government is trying to block.

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IMF US

Washington – Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), presents the conclusions of Article IV on the United States, which analyzes the shortcomings of its economy and proposes measures to correct them.

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Air European routes

Madrid/Santiago de los Caballeros (Dominican Republic) – Spanish airline Air Europa is launching a direct route to Santiago de los Caballeros, its third destination, in the process of being acquired by Iberia’s owner IAG Airline Group. In the Dominican Republic, along with Santo Domingo and Punta Cana.

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Information agenda

9:00 am- Madrid.- Parity Law.- Plenary Session of Congress debates and votes on Equality Law. (Text)

9:00 a.m.- Madrid.- Mental health.- Yolanda Díaz, Second Vice-President and Minister of Labor and Social Economy, opens the “Mental Health at Work” conference, with the participation of Unai Sordo, Secretary General of the CCOO. . Fray Luis de Leon 11 + YouTube. (text)

9:00 am- Madrid.- Transport Accidents.- Congress will decide on the opinion given by the Transport and Sustainable Mobility Commission regarding the bill to create an independent administrative commission for the technical investigation of railway accidents and incidents, maritime and civil aviation. .

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9:00 am- Madrid.- Tourism Current.- The National Institute of Statistics (INE) publishes the Resident Tourism Survey (ETR/FAMILITUR) corresponding to the first quarter of 2024. (Text)

9:00 am- Barcelona.- AMEC FORUM.- The association of internationalized industrial companies, Amec, hosts its 2024 forum, in which it analyzes the perspectives of the sector. IESE Barcelona (North Campus)

9.30h.- Valencia.- Economic Forum.- Nadia Calvino, President of the European Investment Bank, speaks on the last day of the Mediterranean Economic and Social Forum. (Text) (Photo)

10:00h.- Madrid.- Transport Mobility.- V Symposium of Mobility and Cities Observatory organized by El Español ends.

10:30h.- Madrid.- MARKETS PERSPECTIVES.- José Miguel Mate, CEO of Tressis, and Chief Economist, Daniel Lacalle, explain the company’s investment strategy for the second half of the year. C/Jorge Manrique, 12.

11:00 am- Madrid.- Consulting Companies.- José María Benito, President of the Spanish Association of Consulting Companies (AEC) and Jordi Casals, General Director of this association, present the annual report of the Spanish consulting industry. It reveals data on income, growth, number of employees, investment in innovation, investment in training, distribution of income from services or sectors in the economy that demand consulting services the most. C/ Monte Esquinza, 34 – 2º B (Text)

11:00h.- Valencia.- FORD ERE.- Negotiations of the ERE of Ford Almussafes continue, while alternatives are sought for the temporary surplus of almost a thousand workers included in the ERE, which has 1,622 employees. (text)

12:00h.- Madrid.- Public employment.- The CSIF calls for a rally in front of the Ministry of Finance to demand better working conditions, more public employment and an end to the exchange rate. Alcalá, 5 (Text)

12:30h.- Alcobendas (Madrid) Entry of Javier Escribano to the Escribano Mechanical & Engineering delegation and the spin-off of Indra Sistemas’ aerospace business into a new company, Indra Espacio Set de Indra.

12:45h.- SHIPYARD INDUSTRY.- Minister of Industry and Tourism Jordi Hireu participates in the closing ceremony of the general meeting of shareholders of Pymar, the company that unites the main shipyards of the country. In addition, Xunta de Galicia President Alfonso Ruta, Asturias President Adrian Barbón and Canary Islands Government Fernando Clavijo will intervene electronically. At the event, Almudena López del Pozo, CEO of PYMAR, will describe the strategic moment of the naval sector.

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3:00 pm.- Madrid.- Talco Meeting.- Talco will hold its General Meeting of Shareholders at Paseo del Tren Talco No. 2, 28290 Las Matas, Madrid (text).

17:30h.- Madrid.- FCC JUNTA.- The FCC, controlled by Carlos Slim, holds a meeting of its shareholders, bringing forward a plan for a partial financial split of the company in favor of a new listed company, Inmocemento. Consolidation of real estate and cement business segments. (Text)

Madrid.- FUEL PRICES.- The European Union publishes its weekly report on fuel prices. (Text) (Infographic)

Madrid/Santiago de los Caballeros (Dominican Republic).- Globalia President Juan José Hidalgo inaugurated the Air Europa route between Madrid and Santiago de los Caballeros in the Dominican Republic with a ribbon-cutting ceremony at the boarding gate. The plane takes off. Upon arrival at the destination, a welcome ceremony will take place at 6:30 pm (11:30 pm in Spain), which will be attended by the country’s President, Luis Abinader, and the Minister of Tourism, David Collado.

International

Europe

9:00 am- Copenhagen.- Sweden Rates.- The Swedish Central Bank (Riksbank) announces its decision on monetary policy, including interest rates.

9:45h.- Barcelona.- SEAT CUPRA.- Seat will organize a visit to the Martorell factory (Barcelona) to mark the start of production in Martorell of the new Cupra Formentor and Cupra Leon. Seat factory at Martorell. Highway A-2 Km 585

Copenhagen.- H&M Results.- Swedish fashion chain Henness & Moritz (H&M) presents results for the first half of its fiscal year (December-May).

Kiev.- UKRAINE WAR.- Spain’s Minister of Economy, Trade and Commerce, Carlos Badi, opens a business meeting in Ukraine, where Spanish companies seek to establish themselves and establish local contacts for the development of future reconstruction projects in the country. Defended against Russian invasion for 855 days. (Text) (Photo)

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America

2:00pm- Rio de Janeiro.- Brazil Economy.- The Brazilian Central Bank releases its quarterly inflation report, with new forecasts for inflation and GDP growth in Brazil. (Text)

2:30 p.m.- Washington.- USA GDP.- The United States Bureau of Economic Analysis releases a review of gross domestic product for the first quarter of 2024, which, according to advanced data, increased by 0.3% compared to the previous three. months.

16:00h.- Mexico City.- MEXICO TRADE.- The Mexican Statistics Agency publishes the trade balance for May after recording a deficit of more than 3,746 million in April. (Text)

16:00h.- Mexico City.- MEXICO UNEMPLOYMENT.- Mexico’s National Institute of Statistics publishes the unemployment rate for May after registering 2.6% in April. (text)

20:00h.- Brasilia.- Brazil Employment.- The Ministry of Labor publishes the number of formal jobs created in Brazil in May. (text)

9:00 pm- Washington.- IMF USA.- Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), presents the results of the Article IV consultation with the United States at a press conference.

9:00 pm- Mexico City.- MEXICO INTERESTS.- Bank of Mexico announces its new monetary policy after rising inflation (Text)

Buenos Aires.- Argentina Technology.- The celebration of the 14th edition of “Social Media Day Buenos Aires”, an event organized by Digital Interactive, will feature experts discussing digital trends, social networks, artificial intelligence and digital commerce. Art Factory (Text)

Asia and Africa

13:00h.- Istanbul.- Turkey Rates.- Turkish Central Bank announces interest rates for next month.

Shanghai.- CHINA INDUSTRY.- The National Bureau of Statistics (ONE) releases May profit data for the country’s major industrial enterprises. (text)

Beijing.- China Vietnam.- The Prime Minister of Vietnam, Bamin Chin, ended his visit to China to participate in the World Economic Forum meeting in Dalian city.

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