Aemet indicates that we will touch the 43rd to orange notices for storms

In Sunday afternoon, locations such as Morón de la Frontera (Sevilla) or Montoro (Córdoba) saw their thermometers to place On the edge of the 43rd Celsius. Although high temperatures are not going to disappear so quickly, the phenomenon that experts are now worried is A week of change. Meteorologists foresee A new change Meteorological this week, one that will not only bring us a drop in temperatures: the models warn of the arrival of storms that could be intense. As if that were not enough, hail could also make an appearance. What is happening? Since the end of last month, the meteorological sway was marked by the succession of several dorsal and a trough. The former brought us atmospheric stability and high temperatures, the last one brought us rainfall and a brief relief of heat. However, the fresco is not going to bring a new trough, Experts warn: It will be an isolated depression at high levels, a Dana. Although it is expected that as of today the storms begin to demonstrate in the north, the effects of this Dana will be especially notorious in Galicia from the day of Tuesday. From heat to storms. According to The forecasts From the State Meteorology Agency (Aemet), the storms will have the probability of being strong and arriving accompanied by both hail and “very strong” gusts in some areas of the plateau, Eastern Betic System and in the Iberian South. The agency has activated various notices For storms in these areas, oranges in the case of the province of Teruel for “very strong hail probability and very strong wind gusts.” On Wednesday, “strong” storms are also expected in the northern half, with probable showers in western Galicia, Cantabrian environment, Alto Ebro, the Iberian and the Pyrenees. Aemet storm notices will be activated in most of the Peninsular Northern area, with orange notices in areas of the Basque Country and Catalonia. Not far from 40º. Despite the decrease in temperatures, storms will coexist with heat. So much so that weather notices for rains and storms will coexist these days with notices due to extreme temperatures above 37º. Aemet has also activated An orange alert on Tuesday on the Ebro banks in Zaragoza due to maximum temperatures of up to 39º. In Xataka | The time of truth of the Spanish reservoirs: how are they going to endure the heat after rains that has left them overflowing Image | ECMWF

More than 3 million sales in 24 hours, according to NintyPrime

Never before had a console sold that way in its first 24 hours: yes Niny Nanty Prime Expert calculations They are true3 million units clear doubts About whether the new Switch 2 It was worth it, after the issues that flew over the environment about the Technical power or the High price games like ‘Mario Kart World’. Finally, After the first teststhe quality of the company’s new hardware was beyond doubt, and its reception has been comparable to these good first impressions. “3 independent people,” said the influencer About this first day of launch, “I have been informed that Nintendo has sold more than 3 million units of switch 2 worldwide.” It is a record that would make it, to be confirmed, in the best -selling console in history in that period of time, tripling the million that PlayStation 4 had sold in that same space. Although these independent figures should be managed with caution, they are realistic: The console has raised in networks a higher expectation to the averageand is exhausted in most large shops. The only unknown, then, is in itself Nintendo will be able to live up to its promises a few months agoand avoid speculation with the production of sufficient units to meet demand. It will be a question that we will see answered in the coming weeks. At the moment, the console is beginning to be squeezed by the players. We have already responded to It is worth buying it having the original already If the mouse controls are as revolutionary as they promised. From the old switch games to the monsters that squeeze the hardware as ‘Cyberpunk 2077’we are already thoroughly tantling this new console. Soon we will know if there are so many players doing it at the same time as these first figures point. Header | Xataka In Xataka | Switch 2 is important for Nintendo, but also for a nvidia that does not want to lose ground against AMD

There is a whole adult book market. And they have their own ration of controversies, demands and plagiarism

Did you know that it exists A whole coloring book market for adults? Well, that is just the upper part of the typical iceberg meme. Below there is a whole network of interest, millionaire contracts, low blows, Influencers come to more and editorial stamps that go completely unnoticed by the mainstream Cultural, but that move a lot of money. And this is the last controversy that has shaken the scene of this sprimer books coloring 20 semi -out. The panorama. Adult books arose as a global trend in the mid -2010, driven by the rise of products with anti -stress albotade and mindfulness (Do you remember the meditation apps, the Gratitude notebooksthe bombing of crafts and the cross point …?). In this context, many activities that until then had remained in the children’s sector of the market were reoriented. The puzzles, the games and the coloring books began to be tolerable for adults. And everyone dusted their cariocas boxes. Shift of the elderly. However, there were differences, of course: these coloring books adopted themes that had no childhood: mandalas, natural places, abstract art and, of course, the inevitable displays of NSFW illustrations. Quickly A scene emerged Around these books: Tiktokers and Youtubers that colored and gave advice to those who wanted to try at home. And of course, artists emerged who turned to create books with very diverse styles: Camilla d’Erico manga to the Kerby Rosanes dark fantasy. An entire industry. The subgenre facilitated. Among all this phenomenon highlighted a style with force: the ‘bold easy’, or books of extreme simplicity and that Anyone can face Without any experience in coloring. Topics voluntarily naif (although Not always), thick strokes, simple shapes, for pages that can literally color in five minutes. Of course, you can always raise the difficulty and give a complexity to these drawings with some skillbut the starting point was clear: everyone can color. Cocowyo enter. For 2019, the initial boom of adult books He had fadedor at least it did not reach those figures of 12 million books sold 2015. But this new trend of the Bold Easy He arrived to resurrect herand new authors and authors enshrined in this style: Mia Birchwood, Jade Summer, Vivi Tinta or Bobbie Goods. And, above all, Cocowy In Goodreadsfor example, it has 416 different books. Anonymous but successful. Cocowyo artists remain in anonymity despite the popularity of their social networks (more than 700,000 followers on Instagramfor example), and above all, despite having signed A millionaire contract with Penguin Random House in September last year. Of course, that firm multiplied its ubiquity (and more being a study without public names that can be fattened, license and derive indefinitely) and made Cocowyo almost the only ambassador to the line Bold Easy. Trajinar with the algorithm. And this is where the controversies begin, whose roots are traced until the times in which Cocowyo self -published. According to his most staunch critics, the study was an expert in detecting fashions and trends in the coloring book section and replied with very little dissimulation. For example, as Bookriot saidhis ‘Food, Drink & Sweets‘was very similar to ‘Food / snacks’ by Megan Mileyeven in the design and style of the cover. Nothing denouncing, but the similarities were very striking: Cocowyo also imitated the format and size of the book … and the term ‘blod & easy’, which transformed into ‘bold-easesy’. Suspicions of AI. It may be the appearance with just a few months apart from A couple of books with a death cuqui riding on the clouds, how did Bookriot also point out? It can be, but there did not end the controversy. Cocowyo’s neatness made them creditors of suspicions of use of AI for their illustrationssomething that has never been demonstrated. The opposition of the community He multiplied When Cocowyo recorded (not the use, but making them a registered trademark for legal purposes) a series of very generic terms and that affected the material that the competition was producing: “Bold and Easy Coloring Books”, “Cozy Spaces” and “Simple Art”, among many others. Goliath against David. The pressure of the other authors supplied its effect, already end of last year, Cocowyo abandoned its purpose of roying these terms. But complaints have not ceased: authors and fans have continued to protest because they consider that Cocowyo is not behaving as a little author competing against others legitimately. You are using the advantages that it provides to belong to a large multinational publishing house (armies of lawyers, tactics to bend the algorithm in social networks, burst the market with much cheaper books than those of its rivals) to present unfair competition. And that has nothing of Cozy nor of bold. Header | Cocowyo In Xataka | Can you read too many books a month? For many, there is a number from which it is already unsustainable

The price of Xiaomi Yu7 is still a mystery. That has not prevented the waiting list from buying it is already one year

The Xiaomi Yu7, the first completely electric SUV of the brand and its second model, has reached the market razing. To the point that your waiting list has shot 350 days. If you live in China and want one, you will have to wait almost a year. 350 days. That is what, according to Carnewschina those who wait to acquire a Xiaomi Yu7. The demand of the model has been so high since its Official presentation which has broken the production chain that cannot be basted for 50 weeks for new reserves. According to data collected by the specialized environment in the Chinese engine market, the waiting time is equivalent to a production of 271,000 vehicles. To get an idea, it is half of the units that They sold in China del Tesla Model and in 2024 So you can consider very good numbers considering that Xiaomi has just entered the electric car market. Without price. The most striking of the Xiaomi Yu7 is that we still do not know its price. And the company will wait to announce it up to one or two days before the first deliveries, according to CNEVPOST. At the moment, it is known that the intention is to launch it in July but it has not been specified what day and the date has not been reconfirmed. A fever called Xiaomi. In spite of everything, the volume of reservations is so high that we will have to wait almost a year to receive the car if you add your waiting list right now. The number of customers has therefore surpassed the Xiaomi Su7 that in all its variants it had more restrained waiting times. However, those “restrained” waiting times were extended to 25 weeks to receive the first units of the company’s first electric. And in March it was announced that the Xiaomi Su7 Prothe intermediate option of the Berlinas presented (with large LFP battery of 94.3 kWh signed by CATL and 295 hp engine) has everything sold by 2025 and the waiting list in this case also extends between 47 and 50 weeks. They explain in Carnewschina That the launch of the Xiaomi Yu7 has also re -raised the number of Berlin reserves, being a new push for the model. Right now, to receive the access model (the one that accumulated 25 weeks of waiting during its launch and which has the small 73.6 kWh battery) it is necessary to wait between 41 and 44 weeks. The fastest thing is to ask for your Xiaomi Su7 Max. To receive the most powerful and face option you have to wait between 31 and 33 weeks. Increasing production. This avalanche of orders has forced the company to increase the production lines for its cars. At first, the objectives were to deliver 300,000 units per year but the only waiting list of the Xiaomi Yu7 already aims to meet that goal. In March last year, in anticipation of the expected it was already confirmed that the company planned to increase production to 480,000 vehicles per year. That growth will come with the New plant which should soon come into operation to produce the electric SUV exclusively. The avalanche of orders, indicate in Carnewschinait could lead to more delays in the delivery of the electric Berlin. At the moment, the objective is to deliver this year 350,000 units, as confirmed by Lei Jun himself, CEO of Xiaomi, months ago in information collected by South China Morning Post. That almost half a million units produced should arrive with the lines already operating at full performance. Unleashed. The media stir in which the arrival of Xiaomi’s first cars has become huge. To get an idea, There are tourists paying a money to learn about the factory where the Chinese company is producing its vehicles, with guided visits included. The noise generated in social networks is huge but that has also raised some criticism and suspicions. Criticism of some buyers who are showing their discontent because some components of the Xioami su7 ultra do not give what is promised either With its quality. And suspicions by Xiaomi herself she has denounced, Like Byda social media harassment campaign with the aim of discrediting the company and its new products. Photo | Xiaomi In Xataka | The Xiaomi Su7 is a rocket: already sells more than the Tesla Model 3 and doubled the electric cars sold from all over Spain

North Korea has run out of the Internet this weekend. The question is who uses the Internet in this country

The Internet connection of all North Korea has fallen for several hours this weekend. At first it seemed reasonable to anticipate that the interruption of the connection could be caused by A cyber attack from the outside as response to attacks against foreign institutions and companies Orchestrated by Lazarusa group of hackers North Korean elite. However, according to ReutersSeveral experts defend that the origin of the problem lies in North Korea and not in an external cyber attack. Junade Ali, a United Kingdom researcher who monitors the behavior of the North Korean Net They hold which seems to be an internal problem and not an attack from abroad due mainly to the fact that connections through China and Russia were also affected. In any case, the main news services of the country, the Ministry of Foreign Affairs and the Air Koryo airline were some of the web pages that remained inaccessible for several hours. North Korean citizens do not have free Internet access North Korea has one of the most restricted Internet connection infrastructure on the planet. The North Korean government controls it in a strong way with the purpose of preserving the isolation of the country against abroad and ensuring that the administration led by Kim Jong-un exercises absolute control over the information that citizens can access. In practice, the main consequence of this strategy is that North Koreans have a much more limited Internet vision than that we can form the users of other countries. Some north Korea institutions do have total access, or almost total, to the Internet Interestingly, some north Korea institutions do have total, or almost total access to the Internet. The hackers They work for the government, the political elite, the army, government agencies and scientists presumably access to many more resources on the Internet than citizens, although these groups also They are subject to strict supervision of the administration. An interesting note: North Korea is connected to the outside only through two fiber optic links. One of them links this country with China thanks to a connection managed by China Unicom, and the other unites Russia. Whatever the most shocking thing for people who live outside this enigmatic Asian country is that citizens only have access to a completely closed national intranet and controlled by the government known as Kwangmyong (in Spanish it means ‘bright light’). As we can intuit, this Intranet is isolated from the Internet and only brings together a few resources that the Kim Jong-un government considers appropriate so that they can be enjoyed by citizens, such as news and propaganda of the government itself, an internal email service, educational websites and several encyclopedias that, again, are controlled by the administration. This is all. Image | Lukas Kindl More information | Reuters In Xataka | North Korea has been sending armament for months to Russia. In return, Russia is giving him what longs for her: a functional army

Xàbia set a capacity limit and access control in its two most famous coves. The problem is that nobody wants to take care of it

In Xàbia they live around 30,000 people. At least according to the INE data, which only formally registered neighbors in the town. If we talk about the summer months and include visitors in the equation, the thing changes and that figure It multiplies exponentially. And it is understandable. Xábia is known for its landscapes, its gastronomy and beaches and coves as portitxol or grenadella. The problem is that this attractive threatens to be a collapse condemnation. One that this year promises Leave images of access to saturated sand. The beaches, face and cross. Having a beach near home in summer is a blessing. And an ordeal. Almost a year ago the residents of O Hío, in Cangas, a town in the Baixas Rías very popular for their sand, protest tourist that suffers every summer. To make clear their position on a Sunday they began to cross a village zebra crossing for minutes and minutes, blocking the traffic of access to the beach area. “The neighbors have the right to live. It is an avalanche of cars that not only contaminates, but affects everyone’s life because they park where they want,” regretted A neighbor. The Baixas Rías are not the only ones who deal with tourists in search of paradisiacal beaches. At the other end of the Peninsula, in Xàbia, the coves also attract thousands of vacationers, many of them aboard cars, which has forced the town to take action To control your transfer. Objective: Ordered beaches. Does Just a year The Alicante municipality presented a special device to control access to two of its most popular coves, the GRANADELLA and the Portitxolwith vigilantes in charge of supervising the passage and a regulated parking system in the street. The idea was simple: from June 1 to 21 (the “middle season”) the accesses were controlled only on weekends; From 21 that supervision became daily until September 13 and then the surveillance focused again on Saturdays and Sundays until October. It was not the only measure. Alicante Plaza Precise That in June 2024 the parking lot in PICT Tort began to be regulated, in the Cala Granadella, and La Barraca (Cala Portitxol). To avoid vehicle collapse, the City Council He chose to resort to a system with “barriers and payment”, which allowed visitors to park for almost all day (from 9 a.m. to 7:00 p.m.) paying nine euros for each vehicle. Once the parking lot was filled, the operators blocked access with barriers. “Avoid bottling”. And even City Hall He installed panels Informative on access roads to the coves so that drivers could know almost in real time the availability of parking spaces in Granadella and Portitxol. “The system tries to prevent the bathers from reaching the point where the control barrier is located and the parking lot is around,” I clarified The councilor of beaches. The idea was that these bathers could “opt for another beach and avoid bottling.” And arrived (almost) the summer of 2025. At the doors of 2025 Xàbia now meets a challenge, according to He revealed yesterday Levante-El Mercantil Valenciano. The newspaper ensures that the contest launched by the local government to take care of the control of access to Granadella and Portitxol seems to have not aroused the interest of any company. Last Monday the envelopes of the candidates opened and the executive discovered that no company had been presented. The exploitation of the service would not even attract the firm that assumed it in recent years. At the end of May Levant He already warned that Xàbia was approaching summer with the beaches without beaconing, anchoring buoys or supervision of access to the beaches. The tender of the surveillance, control and safety service in the coves of the town, which among other things aims to avoid the collapse of cars in Granadella and the Portitxol, would have been launched for a extendable year and a budget of almost 104,000 euros. Now, Clarify the newspaperthat hired has been deserted, the file has been filed and the coves face an uncertain horizon. “There are those who threaten to run over us”. The alleged disinterest in companies comes after drivers will alert last year of the encounters that live in the coves with choleric visitors. One of them admitted in August 2024 to Levante-El Mercantil Having met bathers who, when they find out that they cannot park in the area, take them with the workers, those who threaten or even love to run over. Without barriers or control, parking on the roads to Granadalla and the barrack also suppose a problem. When parking where they should not, cars complicate traffic and even reach hinder the step of firefighters and ambulances. In fact the sands already They have left saturation scenes. Images | Martin_vmorris (Flickr) 1 and 2 In Xataka | Spanish tourism faces the real risk of dying of success. There are already guides that advise three of its great destinations

If you already have the Nintendo Switch 2, these are some of the best MicroSD Express cards you can buy

The New Nintendo Switch 2 He has been hoarding headlines since he was put up for sale (and even before) and is one of the most anticipated releases of the year. If you already have it, one of those essential accessories to expand the storage space is a MicroSD Express card. This New Nintendo console It does not accept memory cards but only microSD Express. If you wonder why, the reason is simple and they offer much faster reading and writing speeds. So the cards you had for your old Nintendo Switch will not serve you. These are the two alternatives we have found in the market right now. Sandisk Microsd Express 256 GB By 68.90 euros At Amazon you have this MicroSD Express card available with 256 GB capacity of the Sandisk firm, leader in this type of cards. Offers Reading speeds up to 8.8 times faster than a standard card. Thanks to these speeds, it will save you time, since it allows saving up to 4.5 minutes when transferring 60 minutes of video 4K UHD. In addition, when you buy it, you get the file recovery software Rescuepro Deluxe. Sandisk Microsd Express, 256 GB * Some price may have changed from the last review Samsung Micro Sd Express Card For Nintendo Switch 2 This Samsung card has Official Nintendo license and its design is in red and with the m of ‘Mario Bross’ on the front. Its official price, at the moment, is 59.90 euros In Amazon. Like the previous model, it has a storage capacity of 256 GB. Samsung Micro Sd Express Card For Nintendo Switch 2 * Some price may have changed from the last review Other accessories that may interest you for your Nintendo Switch 2 HEYSTOP FOR NINENDO SWITCH 2 ACCESSORIES * Some price may have changed from the last review Jsaux 3-Pack Protector screen for nintendo switch 2 2025 * Some price may have changed from the last review Some of the links of this article are affiliated and can report a benefit to Xataka. In case of non -availability, offers may vary. Images | Álex Alcolea (Xataka) and Nintendo In Xataka | In which stores is available to buy the Nintendo Switch 2: Amazon, Mediamarkt, Fnac and more In Xataka | Nintendo Switch 2 vs Nintendo Switch. What hybrid console buy and how are they differentiated

The largest map of the universe is now available thanks to James Webb. And it can be explored as if it were Google Maps

Astronomers They were convinced that the primitive universe was a dark place. That the galaxies took to appear after the Big Bang. But the new largest and most deep map of the universe, which extends until 13.5 billion years ago thanks to the observations of the James Webb space telescope, has just dynamited this idea. You can explore it yourself. Is called Cosmos-Weband it is not just a mosaic of images. It is a detailed catalog of almost 800,000 galaxies that covers 98% of the entire history of the universe in a specific region of heaven, thanks to the extraordinary sensitivity of the Webb Observatory. This gigantic panoramic is the result of More than 255 hours of observations of the NASA space telescope, ESA and the CSA, pointing to a region with very few stars or clouds of gas that block their vision towards the confines of the cosmos. The result is the largest contiguous image captured by the Webb to date, with more than 10,000 individual exhibitions. Comparisons are hateful. One way to understand the scale of this map is comparing it to the famous “Ultra -Profundo del Hubble”, the most detailed image of the universe in visible light. If we had a printed copy of the hubble ultraprophound field on a sheet of paper, Cosmos-Web would be a mural of almost 4 by 4 meters with the same depth. The Webb telescope observes wavelengths other than those of the Hubble, those of the nearby infrared and the middle infrared, but its instruments are so sensitive that you can see those 800,000 galaxies over 13.5 billion years in a region equivalent to three moons full in the night sky. Too much light, too soon. The great surprise of these images is not their depth, something for which the webb was designedbut what they reveal from the primitive universe. Astronomers believed that there would barely galaxies in the first 500 million years of the universe were incredibly rare, but there are approximately 10 times more galaxies than expected. “Since the James Webb space telescope went on, we have been wondering if your data They break the cosmological model“, admits Caitlin Casey, leader of the Cosmos-Web project.” The primitive universe only had about 400 million years to form one billion solar masses in stars. We just don’t know how it could happen. “ The role of Spain and open science. This monumental effort would not have been possible without a globa collaboration. And this is where Spain plays a role from the Institute of Astrophysics of the Canary Islands (IAC), which applied neural networks for the morphological classification of more than half a million catalog galaxies, an essential task to understand its evolution. But Cosmos-Web would not have been possible without the work of volunteers who, from their homes, helped for two years to process the raw data and correct artifacts of the Webb Telescope. Similarly, now anyone can explore the map and make their own discoveries. Cosmos-Web will continue to expand with new spectroscopic observations to analyze the internal chemistry of the most interesting galaxies. The main objectives are the “era of reion” (when the light of the first stars cleared the cosmic fog), the evolution of mass galaxies and how dark matter is related to visible matter. Image | Cosmos-Web In Xataka | The Webb Space Telescope observed some small red points almost as old as the Big Bang. They should not exist

invasive snakes that devour their lizards

The ecosystem of the island of Ibiza, and the Pitiusas (the archipelago formed by the Western Islands in the Balearic Islands) It has been threatened for years for a unique fight. It is the battle for the survival of a local species of lizard with a snake that has decorated the population. An unequal struggle. Balearic Islands is witnessing the progressive disappearance of one of its endemic species as a result of the introduction of a predatory snake. An imbalance that is leading to the brink of the disappearance of the local lizard, an animal that had thrown out without the threat of predators and now faces a voracious snake whose numbers do not stop growing. The protagonists. Let’s introduce the species that star in this story. The lizard in question is the so -called lizard of the Pitiusas (Podarcis Pityusensis), An endemic species of the Pitiusas. These animals are distributed in various areas of the Ibizan geography, but its presents is more common in coastal areas with denser vegetation. The one that has become the main threat of this species is the horseshoe snake (Hemorrhis hippocrepis). The habitat of this Office covers a good part of the western Mediterranean coasts, from Tunisia to the south of the Iberian Peninsula, also in areas of the Island of Sardinia. When everything started. The first time the horseshoe snake was detected in the Pitiusas It was in 2003although it is likely that this species had begun before its island journey. It is suspected that the Office was taken to the islands accidentally, with some specimen or its eggs traveling inside the trunk of an olive tree used as a decorative element. By land and by sea. 20 years have served the European snake to settle on the island and expand through it, pressing more and more to the native lizard and other non -endemic species. But the expansion of the snake has not been there. According to experts, the animal is a good swimmer who threatens the islands of Ibiza and Formentera, also to the islet network that completes the Pitiusa archipelago, each with ecological characteristics that make it unique. From Ibiza to Euskadi. The lizard of the Pitiusas is considered an endemic species of the Balearic archipelago, but in recent years a small population of these animals seems to have arrived in a very different place: the Basque coast. It is estimated that Ibizan reptiles They arrived in Bizkaia In the mid -90s and by 2011 they had displaced the Roquera lizard (Pruning muralis) In the islet of San Juan de Gaztelugatxe, belonging to Bermeo. The reptile It has been expanding in other coastal and interior environments, including the immediate vicinity of San Sebastián, where Threat to the Urgull lizard (Podarcis loolepis Sebastiani). The Basque Country, we introduced, is not the only place in the peninsula to which the species has taken. An initiative to avoid its disappearance has led this Balearic reptile to the Barcelona Zoo. The first part of this project contemplates the arrival of 17 specimens of the species to the Catalan center in order to guarantee the conservation of the species. A delicate ecosystem. Insular ecosystems are particularly vulnerable in these cases: well -defined geographical borders and a more limited biodiversity may imply that the loss of a species has repercussions on local ecosystems. According to He explained to the newspaper The country Oriol Lapiedra, researcher at the Center for Ecological Research and Forest Applications (CREAF), the disappearance of a certain species can cause “a waterfall reaction” that leads to new extinctions. Echoes from another archipelago. It is not surprising that to change the archipelago We can find a similar case. On the island of Gran Canaria, the introduction of a foreign snake, the real snake of California (Californiae Lampropelties), he has also put local fauna, including reptiles such as the giant lizard (Gallotia Stehlini) and the slut (Sexlineatus Chalcides). In Xataka | Some reptiles just revealed a secret that we had millennia looking for: eternal youth Image | Dirk Pothen / Raymond Petrik

China is stopping money and is starting to charge it. They are not good news for Spain

The golden age of Chinese financing is over. Beijing no longer gives money to build ports and railroads, now it is demanding payment of what it lent at the time. Why is it important. China has lent more than 800,000 million dollars to 150 countries since 2013 With its initiative of the ‘Silk route‘. Today, 60% of that portfolio is in the hands of technical bankruptcy or on the edge of the financial collapse. The facts. The money that countries must return to China every year already exceed the “new” money that China lends. It is the end of the expansive model of the last decade: the country is going from being a generous lender to becoming a relentless creditor. The strategy. China has divided its debtors into two categories, and each group applies a radically different treatment: Large countries with huge debts (80% of the portfolio): They receive bailouts, bridge loans and special facilities. Pakistan, Sri Lanka, Venezuela, Argentina, Angola … Small countries with minor debts (Remaining 20%): Only payment extensions. Zero money new. Zambia, Ghana, Mongolia, Tayikistan, Republic of Congo … Of course, the treatment that the first group receives has nothing to do with generosity but with self -preservation. China is rescuing those who, to break, could make their state banks sink. The rest are abandoned to their fate. The context. The crisis began soon. Specifically in 2015, two years after starting this strategy, when the prices of some raw materials collapsed. Covid accelerated the problems, as well as the war in Ukraine. The rise in interest rates at a global level It was the lace. The money trail. China is replicating the Western Banks Manual of the 1980s and nineties, when Wall Street and the City massively lent petrodollars after the oil crises of the seventies. When the eighties debt crisis arrived, they went from financing development to demand structural adjustment programs. The same banks that had pushed indebtedness became the toughest creditors. China is in that transition: of “Strategic Development Partner” to creditor which prioritizes their banking balances on the stability of debtor countries. It is the market, friend. Deepen. For Spain, the change has three impact vectors: The big construction and Spanish engineering (ACS, Actiona, Sacyr) lose access to megaprojects financed by Chinese banks, especially in Infrastructure in Africa and Asia. Direct Chinese investment in Spain will be more selective: less strategic purchases and more demand for immediate profitability in sectors such as energy and technology. Financial instability in African and Latin American countries where Spanish companies (Telefónica, Iberdrola, Repsol) operate increases political and exchange risk, complicating its operations in markets that depended on Chinese financial oxygen. In summary. China has completed its emerging power metamorphosis to established power, and its financial policy reflects it. The Silk Route was the last great expansive project of a country that sought global influence buying loyalty with cheap money. Now that it has that influence, it acts like any mature creditor: charging. It is the end of an era and the beginning of a more predictable global financial order, but also more ruthless. In Xataka | China wants to dominate world trade and has a plan in progress: bring the sea to its interior cities Outstanding image | F Erickin in Unspash

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.