Spain will hold municipal elections in May and general elections in December and the Government is already awarding the public contracts necessary to hold them. The initial value that was estimated for the large framework agreements that bring together many of these purchases has become more expensive at the same rate as inflation, 8.4%. Companies focus on protecting their profits and fueling the inflationary spiral in the euro zone . Companies increase their margins thanks to spiraling prices. For months it was feared that it was salary increases that could accelerate the increase in the CPI, highlights El País . “It is difficult to differentiate price-wage spirals from price-profit spirals, because companies not only set their sales prices based on their current production costs, but also on expectations. Disney eliminates its metaverse division as part of its layoff plan.
After pressure from Germany and Italy
The approximately 50 members of the team have lost their jobs, according to The Wall Street Journal . A year after the division was created, plans for Disney’s metaverse strategy remained vague, although the company had hinted that the technology could have applications in theme park attractions and other consumer experiences. Winners and losers of ‘e-fuel’: the EU will allow the sale of cars that use synthetic fuels beyond 2035 . has decided to lift the veto on selling combustion cars from 2035, as long as they use synthetic fuels. Companies like Porsche or Repsol benefit from a measure that harms other companies such as Tesla, Iberdrola or Wallbox, which had opposed the change. Four JPMorgan charts that put the banking crisis and the end of the technology recession in context.
The layoffs in large technology companies have left a very bitter
Bank failures are worrying investors, who fear another crisis similar to that of 2008. But Jacob Manoukian of JPMorgan Private Bank says not to be distracted by all the noise: “While downturns are never pleasant, they are what we are seeing in the markets is, apparently, normal. The expert hopes that there will even be more opportunities in the technology sector. Employees are disappointed by how Meta or Google have handled the layoffs: Human Resources professionals do not attribute it to malice, but to poor planning . aftertaste for employees: they have felt mistreated by their former bosses after years of loyalty. Many former Google or Meta employees explain that they were fired while on maternity leave or that their accounts were suddenly blocked, which has blurred what was for years the dream of Silicon Valley. Elon Musk announces a revolution on Twitter that will prioritize users who pay for the subscription.