The great fortunes are bleeding with the collapse of the bag. Warren Buffett has hit his old recipe again

Financial markets are living A moment of maximum turbulence causing the value of the actions in all markets in the world to collapse from its opening. According to Bloombergsince Thursday, the 500 greatest fortunes in the world already They have lost more than 536,000 million dollarswhile its companies record falls valued by more than 5.4 billion dollars, As he pointed out Reuters. However, meanwhile chaos and justifying the nickname of “Oracle of Omaha”, Warren Buffett seems to have anticipated the collapse taking the appropriate measures to minimize losses. Buffett is the only one whose fortune is not written in red numbers. The devil knows more by old … When Warren Buffett began to get rid of his positions in Some of the main technological ones They were shot in the stock market, many thought that the veteran investor had lost their heads. They continued without understanding anything when the veteran investor accumulated the more than 325,000 million dollars that he obtained from their sales, and He preferred to pay taxes for them to invest again. Today, those who laughed, don’t laugh so much. As stock indices such as S&P 500 are minced– With a collapse of 17% since its February peak, and the Nasdaq falling more than 20% – Buffett’s decision to bet on liquidity and low -risk assets demonstrates its ability to Read the market with enviable precision. His movement has not only allowed him to protect the capital of Berkshire Hathaway, but also increase your own fortune In a context where the vast majority of Milmillonarios is registering losses in the assessment of their assets. As a good veteran In this investmentBuffett’s recipe for these moments of uncertainty is not very different from the one that applied in previous stock market crises: “There is simply no way of knowing how much actions can fall in a short period. However, when important falls occur, they offer extraordinary opportunities for those who are not limited by debts.” In a Opinion article for The New York Times In 2008, the millionaire gave another track about How to anticipate and act before moments like the one we are living: “A simple rule dictates my way of buying: being afraid when others are greedy and being greedy when others are afraid.” After capitalizing a good part of his actions, Warren Buffett now You have the portfolio to overflow with cash and ready to take advantage of generalized falls to buy the best bargains. Therefore, now all eyes are put in the next Buffett movements. The big fortunes lose, but buffett resists The main fortunes record losses so far this year except Warren Buffett. Source: Bloomberg The impact that the announcement of The commercial war that has begun USA has especially hit The technological magnateslike Elon Musk and Jeff Bezos, whose fortunes have been reduced in 130,000 million and 45.200 million Of dollars, respectively, in what we have been in 2025. Larry Ellison, meanwhile, has left 42.1 billion dollars after the last falls and Mark Zuckerberg has lost 28.8 billion so far from 2025. Faced with this scenario, Warren Buffett’s fortune has remained out of generalized losses. Berkshire Hathaway class B actions even They have risen 7.7% this yeardespite suffering a slight correction in the last week, the result of the widespread fall of international bags. But it keeps its green counter so far this year. While others suffer the impact of the international exhibition of their portfolios and the fall of technological ones, Buffett did the homework in 2024diversified their investments to focus on sectors less exposed to imports and with a strong presence in the United States, such as insurance, energy and transport. Buffett not only withdrew a good part of the money from Berkshire Hathaway investors, but also chose to invest that liquidity in short -term treasure bonds, whose profitability has recently increased, thus raffling the collapse of the markets. In his Annual letter to shareholders February, Buffett explained that these bonds offer a “predictable gain” and one effective volatility protection of the market. This approach allowed him to avoid the generalized losses that have affected investors exposed to sectors such as technology, where Apple – one of the old jewels of their portfolio – dropped 28% since its peak, due to their high dependence on China. “Berkshire’s shareholders may be sure that we will always display a substantial part of their money in shares,” he said in his letter, although he adds that, as always, his goal is Companies with good foundations. In Xataka | In January, a group of millionaires supported the US president: they have already lost 209,000 million dollars in their mandate In Xataka | In 2000 Amazon fell 80% in the stock market. Bezos’ response leaves a clear lesson: we must not trust the markets Image | Unspash (Maxim Hopman), Flickr (Fortune Live Media)

Brussels Baraja tariffs of 10% and 25% to US products. The measure aims to take its toll on the European consumer

We are attending a new climbing in the commercial war between Brussels and Washington. According to the EFE agencythe European Commission proposes to impose 10% and 25% tariffs to certain imported products from the United States. A proposal that, if progress, could have direct consequences for European consumers. The product list. Although the complete list of goods subject to the new tariffs proposed by the European Commission is not yet known, Bloomberg has had access to a document that includes dozens of categories. At the moment, there are two notable absences: digital services and whiskey. This is what appears on the list. Consumer and leisure goods: Appliances Motorcycles Recreation vessels Naipes Luxury products and others: Food products: Embutidos Corral birds and other agricultural products Personal and health care products: Industrial and Security Materials: Two possible tariffs. Bloomberg points out that most of the products included in the proposal would be subject to a 25%tariff, while a minority would face one of 10%. For now, it is not defined what percentage will apply to each category, so we will have to wait for the publication of the official document to know the details. Without bourbon on stage. As we point out, the final proposal does not include alcoholic beverages such as Bourbon whiskey, leaving out the 50% tariff that was initially shuffled. According to ReutersBrussels would have made this decision to avoid the 200% tariff to alcoholic beverages in the EU with which Trump threatened in case that measure went ahead. It is not yet official. 10% and 25% tariffs remain, for now, a proposal. Its public diffusion can be interpreted as a way of measuring the land in full commercial escalation. In any case, it is planned to be approved at the end of this week and enter into force on April 25. The collection, however, would begin in mid -May. View price increase. Tariffs, As explained by Tax Foundationthey function as taxes applied to imports. In practice, this additional cost is rarely assumed by companies: it ends up impacting directly on the consumer pocket. So if we are approved we will probably see products from the most expensive US. Images | European Parliament | The White House In Xataka | There is a clear winner with the 25% tariffs to the car: it is called byd and represents everything that China has to win

Mining companies believed to have found a treasure in Ciudad Real. Until the Iberian lynx appeared

In a video that is has viralized By networks you can see how two lynxes are disputing the territory to headers, a habitual practice between these felines. He Reelrecorded in Ciudad Real, shows how felines are returning to their natural habitat. In a turn of events, these animals have managed to stop attempts to extraction a company: giving them a legal header. The exploitation. The “Neodimio Project” is an initiative of the Quantum mining company that seeks gray monacita in the province of Ciudad Real. From this rare land the neodymium is extracted, used in magnets of electric cars and wind turbines. The mining company has shown interest in exploring areas near Valdepeñas, Santa Cruz de Mudela and Torrenueva, areas to overcome the cat, According to the avant -garde. Maybe there are no lynx … But there are people living in those areas that oppose mining. The “yes to the living land” platform has asked the president of Castilla-La Mancha, Emiliano García-Page, to oppose the Rare Earth’s mining project, According to Cadena Ser. From the organization they have explained that it could have a devastating impact on local biodiversity and endanger the ecological corridors that the lynxs have begun to recover. They do not stop in your search. Quantum’s story with Ciudad Real It has been more than a decade. After the failure of the “Matamulas” project, the company tries to return to the load. But time does not play in its favor: the citizen opposition has grown, water resources are increasingly scarce and the rural economic model (based on wine, oil and tourism) fears are affected. The controversy has also intensified for a complaint of the Seprona, which accuses the company of having done work without permission on a plot of Torrenueva, According to Castilla-La Mancha Media. Legal header The Iberian lynx, in its reintroduction process in the region, has played a decisive role in this conflict. Although rare earth mining is seen as an economic opportunity in the context of the energy transition, efforts to preserve fauna and biodiversity have led to stop these projects. As have explained at the vanguardthe lynx is no longer just a conservation symbol, but an argument of weight in legal reports and protests. Its presence in areas such as the Montiel field has become an obstacle to mining companies that seek to exploit these natural resources. It is not the only place. Although Ciudad Real is emerging as the area with the most potential for rare earths in Spain, it is not the only one. In different areas of the country we can find, as Galicia, Gran Canaria, Almería, Estremaduraamong other places. The fan that has been opened is very wide, but these deposits have in common not only the element, but their extraction seems to be complex. For its part, the European Commission has not included the Quantum project in your list of strategic initiativeswhich means that it does not have the support of Brussels to continue its development. Recovering spaces. The lynx has become a defender of its territory, interfering with projects that threaten their home. The struggle for the future of Ciudad Real is between the protection of biodiversity and the progress of mining, a dispute that reflects the dilemma between the need for natural resources and the conservation of ecosystems. Image | Pexels and Diego Delso Xataka | The rare earth war has arrived in Spain. And it is in Ciudad Real where mining and ecology are confronted

Agents are the great promise of AI. They also aim to become the new favorite weapon of cybercounts

The AI ​​agents are not the future: they are here. While chatbots like Chatgpt either Gemini They continue to gain ground in tasks that range from solving daily doubts to help you in programming tasks, large technological ones have begun to take determined steps towards a new generation of much more promising systems. They are able to execute tasks, make decisions and adapt to the environment. They not only respond: they act. And that change is presented as a very powerful advance. OpenAi is developing Operatoran assistant who can navigate pages, book trips or manage files. Anthropic proves your own agent with similar functions in controlled environments. Google works in Jarvis, his future digital butler. The idea is clear: delegate real tasks in artificial intelligences. But that same autonomy that makes them useful allies also makes them a potential risk for cybersecurity. Dangerous autonomy. Unlike traditional bots, AI agents are not limited to predefined instructions. They can control an operating system or make decisions depending on the context. In wrong hands, this autonomy could facilitate complex attacks without the need for human experts. Some laboratory tests already show how these models can replicate operations that previously required advanced technical knowledgesuch as automating spying tasks or manipulating system configurations. The threat begins to appear. Although there is no evidence that they are involved in large -scale cyber attacks, signs have begun to appear. Platforms like LLM Agent Honeypot, designed to detect suspicious accesses, have registered interactions with possible AI agents. In two confirmed cases, the agents responded to instructions embedded with a typical speed of language models, which points to their growing sophistication. We do not talk about organized offensives yet, but of an increasingly real phase. Cheaper, faster, more scalable. As Mit Technology Review points outone of the biggest risks is the potential for climbing. An agent can execute automated actions hundreds of times by a fraction of the cost of a human team. For criminals, that means expanding operations with unprecedented efficiency. If today the mass attacks require investment and specialized personnel, tomorrow they could be launched automatically, selecting objectives and exploring vulnerabilities without constant supervision. LLM Agent Honeypot operation operation scheme Detecting them is not so easy. Although current cybersecurity tools are effective against sophisticated threats, agents introduce a new type of challenge. Unlike classic malware, these systems can reason, adapt to the environment and modify their real -time behavior. This ability to mimic with legitimate traffic forces to rethink detection methods and to develop specific techniques to identify patterns of artificial intelligence. The industry is still exploring how far these systems can go. Some investigations show that, given ambiguous instructions, certain agents can execute unexpected actions. Although they still need human support to complete complex attacks, their evolution is rapid. And the most disturbing is not what they can do today, but what they could do tomorrow. And they will do it in an increasingly adverse scenario. According to checkpoint datain the third quarter of 2024, cyber attacks increased 75% compared to the same period of the previous year. Each organization suffered on average 1,876 weekly attacks. Sectors such as education, government or health are among the most beaten, and regions such as Africa, Europe and Latin America registered alarming growth. The hardware industry, for example, saw the attacks grow by 191% in just one year. More than 1,200 ransomware incidents were reported only in that quarter, mainly affecting manufacturers, hospitals and public administrations. If these types of attacks are delegated to AI agents capable of selecting objectives and launching chain offensives, the impact could be shot. The global panorama is tense, and the agents could be the multiplier that the attackers were waiting. Images | Xataka with chatgpt | Palisade Research In Xataka | There is a person who knows more than anyone in the world about password robberies. And they just steal his

His first ‘Joint Venture’ stops operating and dragging thousands of layoffs

For more than three decades, Microsoft has maintained a constant presence in China. Although the country represents only a fraction of its global incomeRedmond’s company opted to position himself there with products such as Windows and Officeand with a network of research centers aimed at collaborating with the local technological ecosystem. Today, in a scenario marked by geopolitical tension, that bet begins to be diluted: Microsoft has begun to undo agreements and to close facilities, in what seems to be part of a broader reorganization plan in the region. A Joint Venture Microsoft in China throws the closure. As reported South China Morning Post, Wicresoftthe first Joint Business Created by Microsoft in the country, it will cease its operations. Although the situation for American technological ones in China has been complicated over time, the announcement has caught by surprise. According to the Hongkonese newspaper, the employees were informed on Monday that their work linked to the software firm led by Satya Nadella “will come to an end.” Citing the Chinese medium Caijing, the measure will affect some 2,000 workers. Sudden notification. Wicresoft, based in Seattle and more than 10,000 workers worldwide, is dedicated to offering advice, technological solutions and operational support for large international brands. In China, its presence extended to 20 cities, including Shanghai, Beijing, Shenzhen and Hong Kong, where it managed projects of different scale for Microsoft. According to the aforementioned media, the news of the closure came unexpectedly: many employees received the notice by mail this Monday and, in several venues, they were asked to leave the place as soon as Tuesday, without margin to react. A question about the future of support. The closure of Wicresoft leaves in the air who will manage Microsoft’s after -sales support in China, a market where access to technical services remains key to many users and companies. The company was responsible for giving technical assistance to key products such as Windows 10, Windows 11 and Office, among others, adapting the service to the particularities of the local environment. According to Reutersthis change is aligned with the intention of Microsoft to centralize and reduce subcontracting in the country, although it has not been revealed who will take over or in what deadlines. Impulse for local alternatives. Microsoft’s progressive withdrawal in China leaves free space that other local firms have not taken advantage of. One of the big beneficiaries is Kingsooft Office, head of WPS Office, An office suite compatible with Microsoft formats that has already exceeded 100 million daily users in the country. Her experience in the local market and her functional resemblance with Office (at first glance seems like a clone) have made it an option increasingly adopted by public organizations, banks and telecommunications operators. Since 2022, Chinese state companies are obliged to submit quarterly reports on their progress in the replacement of foreign software for national alternatives. As the American newspaper The Wall Street Journal points outthis policy, promoted from Beijing in full technological and commercial war with the United States, has directly favored companies such as Kingsooft, which now have the implicit support of the state apparatus. The result: less licenses for Office and more WPS deployment in strategic sectors where Microsoft moves. SDE WICRESOFT step is not an isolated case. In the last two years, Microsoft has progressively reduced its presence in the Asian giant. In 2023, The company closed all its physical stores in China, offered relocations to hundreds of employees in the artificial intelligence area and applied template cuts. More recently, he has also hardened his internal security protocols, forcing its workers in China to use iPhones exclusively to access corporate platformsdue to the restrictions imposed by the lack of Google Play in the country. Shanghai’s laboratory is another example of that replication. Inaugurated in 2019 as the largest center of its type outside the United States, the IATI & AI Insider Lab was conceived to promote the development of strategic technologies in collaboration with local companies. He closed its doors in early 2024 after supporting more than 250 projects and training thousands of professionals. Its closure confirms a trend that, although not entirely unexpected, does show a deep change in Microsoft’s strategy in one of the countries where it has been operating longer and where they had made multiple bets. Withdrawal in full trade war. The Microsoft replication does not occur in a vacuum. It coincides with a new escalation in the tensions between Washington and Beijing that has reactivated the large -scale commercial war. Donald Trump has threatened to impose additional 50% tariffs if China does not withdraw its retaliation measureswhich arrived after the first waves of taxes driven by the White House after their return to power. In this climate, many quoted American companies are collapsing in the stock market, dragging with it to entire sectors and other markets in the world. Images | VD Photography | / Ricardo | Silvestre Rui In Xataka | Manufacturing the iPhone 16 Pro of 256 GB in China costs 550 dollars today. With tariffs it will cost $ 850

Gwynne Shotwell, the chief of Spacex in the shadow of Elon Musk

Gwynne Shotwell has appeared for the first time on the list of Forbes billionaires, with a fortune that the magazine estimates at 1.2 billion dollars. Billionaire The Spacex President It only has a 0.3% participation in the Aerospace Company of Elon Musk, but the company’s last investment round, which does not quote on the stock market, fired its valuation to 350,000 million dollarswhich has given a good push to Shotwell’s heritage. According to Forbes, Gwynne Shotwell’s fortune, 61, It is now 1.2 billion dollarshis first “billion” on the American short scale. As the data is not public, the figure is based on the compensation on actions received by the first Spacex employees. Faith jump. Shotwell joined Spacex in 2002 as employee number 11, changing a safe job in Microcosm for a company that had everything to demonstrate, at a time when Boeing and Lockheed Martin had no competition and Shotwell was divorcing with two young children. Mechanical training engineer, he told Musk “I’m a complete idiot” when he asked why he wanted to change a company established to Spacex. His first big challenge in the company was to sell to customers the Falcon 1 rocket and obtain permits for its launch. When the first three attempts failed, Shotwell had the difficult task of maintaining investors. Path. In 2007, Shotwell managed to convince Iridium, another consolidated company, to sign a contract with Spacex, despite the fact that at that time their rockets had not yet been successful. After three failures, Falcon 1 first reached orbit in 2008, which promoted a decisive contract with NASA to develop the Dragon ship, which would begin to transport load to the International Space Station. That same year, Musk amounted to Shotwell to President and Operations Director. Since then, Gwynne Shotwell has achieved key contracts with NASA, Pentagon and many commercial companies. Orchestra Director. In addition to the boss in Musk’s shadow, Shotwell is the only executive who has been working with the complicated entrepreneur for more than two decades. Musk is the visionary, but Shotwell contributes almost everything: stability, operational efficiency and diplomatic management. Shotwell has managed to accelerate the Rhythm of Development of Spacex, keeping in balance the many elements of a company that designs and manufactures its own rockets and satellites, and operates its own releases. There are no two spacex. In 2024, Spacex completed 134 orbital launches, almost triple that its closest competitor: the state company China Casc with 48 launches. Thanks to Starlink, Spacex puts in orbit 83% of all world’s satellitesself -confinction with its satellite Internet service the development of Starship, which will allow you to launch Starlink at an even greater pace. The constellation Starlink grew up to 7,000 satellitesreaching 5 million users (90% more than in 2023). Morgan Stanley estimates that Starlink generated 900 million dollars of operational benefit on revenues of 9.3 billion last year. Pragmatic and effective, Shotwell has been key in all these operations, an effort that now sees rewarded with his first “Billón”. Images | NASA, Spacex In Xataka | Who is Gwynne Shotwell, the shadow engineer who has taken Spacex and Elon Musk to space

He wants to leave atocha and Renfe only has the approval

The war for high speed is fought battle. Even with the smallest. Since Ouigo and Iro They will become part of the options that the new client has available in our country when getting on a long -distance and high speed train, Renfe quarrels They are repeated with an intermittence that already passes to recurring. The last episode of this guerrilla war has a Atocha in the focus of the matter. The Madrid station has become Renfe’s great bastion when capturing customers who move towards Levante. The company operates with four trains to Valencia and four others with destination Alicante that leave from the central Madrid station. The problem for Ouigo and Iro is that Renfe is alone. Both operators leave from Chamartín as a result of some expansion works of the station that banished all the journeys between Valencia and Alicante with Madrid north of the capital. To all but four links offered by Renfe. The company managed to maintain the exit of four trains daily from the Atocha. A movement that was denounced by Ouigo when considering that the company was obtaining a competitive advantage. Now, the National Commission of Markets and Competition (CNMC) allows Renfe to expand the number of trips offered despite the fact that Adif fined previously for this reason. In the background, the fight to operate at the busiest station in Madrid. The fight to operate in Atocha To understand everything that has happened you have to look at the past. In 2022 It was confirmed that all trips between Madrid and Valencia or Alicante would move to the Chamartín station to allow the Expansion works of the Atocha Station. The problem, it was said, is that with the new operators the station had no capacity to absorb all its demand. The decision raised criticism among the politicians of Valencia and Alicante Because trips to Barcelona or Seville have remained in Atocha even though they also enter the south of the capital. Until 2028when the works are expected to finish, passengers have to add 10 more minutes of journey and go to a less central station in the city. However, although Ouigo and Iroo had to displace all its operationsRenfe maintained four daily journeys between Madrid and Valencia from Atocha. Ouigo denounced that they got a competitive advantage to understand that the centrality of the station is an incentive against other options. Finally, That complaint was filed But the CNMC did fined Adif with two sanctions that added 11,800 euros to understand that the process had not been transparent and that the transfer to Chamartín had not been communicated at the same time to the three operators so Renfe played with advantage, as they collect in Levant. In spite of everything, the trips between Atocha and Valencia remained for Renfe and, now, he receives another back. The CNMC will allow Renfe to operate with four other daily trips between the Madrid and Alicante central station. A decision that for competition “It will not affect significantly” To its competitors although it confirms that Atocha attracts a greater number of travelers. They explain, despite everything, that they only received the interest of Iro and Renfe to take the permission to take these holes that were now free. Getting with the Atocha station is especially interesting for high -speed operators. Its centrality allows you to attract the Interest of a greater number of customers Potentials, especially in the center and the southern zone, Chamartín Front. Renfe can continue offering slightly faster paths (10 minutes) but, above all, it allows you to position yourself as the only alternative at the station, which can be especially interesting to other high -speed options Or even the plane. Photo | Francesco Zivoli and Xataka In Xataka | Renfe confirms a sad reality of trains in Spain: they are impossible to be punctual

a macroproject of 1,800 MW without the need for new reservoirs

In recent weeks the heavy rains They have filled to the limit different reservoirs, forcing many of them to open your gates. But what if all That water will be stored To create a giant battery for renewables? In Galicia they have got to work. The biggest in Spain. The great reversible hydroelectric power plant will be known as Conse II and will be located on the Bibey River, in the province of Ourense, According to Vigo’s lighthouse. In this same medium they have pointed out that the project will be lifted taking advantage of the 690 meter altitude difference between the Cenza and Bao reservoirs. In addition, the initiative will be developed by Iberdrola and will have an investment of 1,500 million euros. An underground giant battery. The new project is also known as the pumping hydroelectric plant. The operation of the plant is as energy storage when there is an excess renewable energy in the system. More easily, the plant uses that excess to pump water from a reservoir less than a superior. So when there are demand peaks, water will fall again, moving turbines that will generate electricity, acting as a natural battery. An expanded project. According to Galicia’s voicethe original idea was to build a 900 MW plant, but Iberdrola decided to double its capacity to 1800MW after additional studies. However, these same analyzes detected geological risks in the area where the great underground cavern will be excavated that will house much of the plant. More studies. The Xunta de Galicia has given the approval To carry out new geotechnical research, as the Galician medium has learned. In addition, these new studies include the opening of an access gallery of 1,500 meters and another of 200 meters, which will allow analyzing the land directly before starting the main work An environmental problem? In recent months, There were many demands to stop different wind -collo -projects due to the environmental impact, but the Supreme Court recently has given The reason for renewables. As the Vigo lighthouse has been recordedthe authorities have estimated that the environmental impact will be minimal as it is an underground infrastructure. In addition, the Ministry of Environment He has stressed that will not affect the area of ​​special conservation (ZEC) of the central massif, belonging to the Natura 2000 Network. However, as they have explained from progressthe environmental report has indicated several aspects that must be managed during the execution of the works, such as the large volume of land movement the acoustic impact and vibrations during construction. For this reason, noise levels will be required to comply with current regulations and that Iberdrola present a previous study on possible conditions to nearby populations. More storage. Spain closed last year with 63.9% of the total renewable generationbeing wind and solar the ones that produce the most. For this reason, and given the intermittency of these sources, it is important that it will continue to look for ways to store the surplus. According to has detailed the voice of Galiciathe works of this hydroelectric plant will last about 21 months, to which three more months are added to complete the technical polls, so it will still wait. Image | Dichiano man Xataka | “Thank you so much, reservoirs.net”: Spanish men are developing a peculiar obsession with swamps

The last two days of the bag have been worse than 99.6% of every day since 1929. It is as chungo as it sounds

There was omens that placed today as another “black Monday.” The original occurred on October 28, 1929 and was one of the days More devastating In the history of Wall Street when the Dow Jones index collapsed 12.8% in a single day, losing billions of dollars in market value. The consequences then lasted decades. In the end it will not be so much, But “almost”. In fact, the last days will be recorded as one of the worst of the history of financial markets. An unprecedented collapse. In a surprising turn for Wall Street, the recent wave of tariffs promoted by President Donald Trump has triggered one of the most severe stock market collapses in recent history, making more than thunder from 5 billion dollars in share value in just two days and dragging Global markets. Nasdaq 100 entered GUBBER TERRITORYthe Commodities They collapsed and investors in corporate bonds ran to buy Insurance against defaults. The magnitude of the impact, fueled by rates up to 50% imposed on dozens of countries, even exceeded the worst forecasts, and marked the breakdown for a financial ecosystem that for decades was one of the main beneficiaries of presidential power in the United States. Trump, strategic chaos and indifference. Bloomberg had that, far from showing concern, Trump seems to be hugged the turbulence Stock as a necessary price to correct the imbalances of global trade. In private and public, he insists on standing firm, and has begun to focus his attention on assets such as 10 -year Treasury bonds and oil pricescelebrating their falls without recognizing that they could precess a recession. The markets and the breakdown. After weeks of speculation about whether the tariff threats were not real, investors finally accepted the Scenario severity. More than twenty previous ads had been nothing, but the 11% collapse In two days he forced Wall Street to react. Besent, who allegedly had to moderate Trump, has been harshly criticized for not preventing such a disaster. Although some still expect the president to reconsider if the pain persists (today has said that it will not turn back), the fall of the Asian bags (with collapses up to 7.9%) and the Activated firewall In Japan they reflect that increasingly global destabilization. Some historical data in context: the day was worse than 99.6% of business days since 1929. It was also the worst of all time (more than 24,000 days) and the 35 worse day since 1945 Almost black Monday. As we said, the stock market has continued this morning, and although the worst omen were not fulfilled, the situation is equally disastrous. After confirming Trump that It will not go back In its aggressive commercial policy, defended as “necessary medicine”, the main world indices recorded dramatic collapses: The S&P 500 fell 2.8 % (The worst performance three days for the index since October 1987, or the Eleventh of all timebeing the tenth and twelfth during the great depression), the Nasdaq 3.1 %, and the Hang Kong Hang Sang index sank 13 %, its worst day of the century. In EuropeStoxx 600 lost 5.3 % and the German Dax briefly exceeded 10 % drop in opening. Goldman Sachs raised the probability of recession in the United States at 45 %citing the abrupt hardening of financial conditions after tariffs to many of the key commercial partners. Tariffs imposed by the United States “Victoria” by Trump. Despite the warnings, Trump has celebrated in networks that tariffs “will bring tens of billions to the country” and described the situation as “something beautiful to contemplate.” The Financial Times counted that the fear of a self -inflicted recession grows even between figures related to the president: the investor Bill Ackman warned of an “economic nuclear winter” and Stanley Druckenmiller He criticized any rate above 10 %. On the other sidewalk, the secretary of the Treasury, Scott Besent, minimized stock tremors such as “short -term reactions” and reaffirmed that the White House You will keep your course. The immediate reality, however, is that systemic collapse of actions, Commodities and coins that threatens to unleash a global recession caused from Washington. Memories of the past. References to Black Monday, 1929 and others collapses Historical have not been long in coming. During that decade, millions of Americans invested in the stock market, many buying actions on credit with margins of just 10%, which amplified panic when prices began to fall. As a direct consequence, between 1929 and 1932, the market lost about 89% of its valueunemployment in the United States exceeded 25%, more than 9,000 banks broke, and the country’s GDP was reduced in almost 30%. That stock market crisis not only plunged the United States into The great depressionbut it had economic and social repercussions worldwide, altering the global economic order throughout the 1930s. Comparisons. We are not in the same box, of course, but The data They are equally worrisome. Let’s think that the last two days of stock market are worse than 99.6% of the days of the stock exchange since 1929. Perhaps, many analysts agree that the current stock market situation caused by the Trump tariff offensive and the intensification of the trade war can be compared, in terms of volatility, loss of investment confidence and systemic risk, with the 2008 global financial crisisalthough with fundamental differences in its causes and nature. As in 2008, markets have experienced abrupt collapses: those More than 5 billion dollars who vanished from the value of US actions In just two daysand the Nasdaq 100 entered the bassist territory, which reflects a collapse of the feeling of similar or very similar to panic lived after the Lehman Brothers bankruptcy. A deliberate crisis. Also, as then, corporate bond markets are showing voltage signals. However, while in 2008 the epicenter was the collapse of the financial system and the mortgage market, the current stock market has a clearly political component: it originates from unilateral commercial policy decisions, which introduce uncertainty about the economic direction of the country. For … Read more

The good news is that we have an anticyclone about Spain. The bad is that stability will last a sigh

All those who thought that the rains of March were A kind of Vogone curseit seems they were right. In fact, I don’t know if it is worth continuing to call them “March rains” because, despite appearances, the rain has not left anywhere. I was taking a breath. But we have a dorsal on top! It’s true. These days, it has entered A gigantic anticyclonic dorsal of subtropical origin that is not only very warm and very stable, but will cross the Peninsula and will continue to the north until it almost arrives in Iceland. And we will notice. Because, As Aemet already pointed out In his forecast for this week is that “it will be warmer than normal throughout the country, especially in the peninsular northwest.” However, it is not a normal dorsal. As Ángel Rivero explainedthis dorsal has a characteristic “finger” form (it is very elongated, but very narrow). That exposes the Peninsula below Danas and Borrascas Frías, both for the East and West. The problem is that this type of structures (very rare before, but from 2020 more and more frequent) are characterized by An extremely winding polar jet With air bags, ripping continuously. And, as we know, those airbags have a very erratic behavior: they are very difficult to pursue. And the first example comes Wednesday. The European model draws two cold storms one between the Canary Islands and the Azores (Olivier) and the other in the Gulf of Lion. As Collect Sergio Escaama in Meteoredboth storms go to Cerner on the Peninsula and will cause rains both in the northeast and in the southwest. If the scenarios are right, both storms would merge into a About the Gulf of Cádiz creating a fairly complex situation. Although we cannot determine the intensity and the trajectory, we do know that we must monitor it closely. From the middle of the week, we can expect rains in many areas of the country. And in Holy Week? As we are experiencing in our own flesh, the country’s meteorological context is complex. We are living a spring full of thermal ups and downs and huge rains. Thus, it is difficult to know what is going to What yes We can discard it is a persistent scenario of stability. If it does not rain on the key days of next week it will be by chance and not because it must necessarily be so. As I explainedduring the next few days we will have to be aware of the Azores anticyclone. Because if as it seems, zonal circulation is restored, everything will depend on whether the anticyclone lets go storms or not. Image | WXCHARTS In Xataka | Someone has left the water key open: the rain is back and the models say it will not leave until after Holy Week

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