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El Corte Inglés has just placed 808 million among investors

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Santander and El Corte Inglés have sold 808 million euros in loans from their clients to institutional investors, as published The Confidential. Instead of keeping those loans on their books, they have packaged them and transferred them to investment funds. Why is it important. The department store doesn’t just sell washing machines or sofas: it finances its customers’ purchases for months or years without charging interest. These debts are converted into a financial asset that is then sold to investors in exchange for periodic payments. If someone doesn’t pay their loan, the problem is no longer yours. It is financial engineering applied in a very ingenious way to retail. How the business works. A brushstroke to understand it: El Corte Inglés sells you a TV for 1,000 euros and lets you pay for it in 10 months without interest. Instead of waiting 10 months to collect that 1,000 euros, package your debt with thousands of others and sell it to investors for, say, 950 euros. He collects the money immediately, eliminates the risk of you not paying, and can use that capital to finance more purchases. Investors pay 950 euros today and will collect 1,000 in 10 months. You still don’t pay interest. Everyone wins. What has happened. The operation was closed in the Dublin market and includes all types of credits: Interest-free financing for up to five years. Credit card debts. And small loans of 300 to 900 euros. Investors who buy these packages charge different interest rates depending on the risk they assume. In the largest section (664 million), they charge 0.87% above the Euribor. In the highest risk sections, the differential rises to 6.2%. Between the lines. By selling these credits, the financial company removes the risk from its balance sheet and frees up space to continue lending money. Banking regulators approve this type of operation because it spreads the risk throughout the financial system instead of concentrating it in a single entity. For Santander and El Corte Inglés, it is a way to grow without accumulating all the danger of defaults. The background. Santander bought 51% of the financial company of El Corte Inglés in 2013paying 140 million for control and another 140 million as an immediate dividend. The bank saw the potential clearly: the margins on consumer credit are much higher than those of traditional banking. El Corte Inglés maintains 49% without managing anything. A perfect capitalist partner. Yes, but. Financiera El Corte Inglés is not marginal: it handles nearly a third of the consumer banking business in Spain and Portugal. His loyalty card It has 11.7 million members who last year made purchases worth 3,778 million, both in department stores and in supermarkets and other subsidiaries. That customer base is a gold mine. The context. These operations have become increasingly popular in the Spanish financial sector. Santander has been the most active European bank packaging and selling loan portfolios. For an entity like Financiera El Corte Inglés, this mechanism not only frees capital: it also makes it possible to avoid regulatory limits on risk concentration. behind the scenes. The model reveals how the retail Spanish. The real margin is no longer just in selling a product, but in financing its purchase and then monetizing that debt by selling it to investment funds. El Corte Inglés sells televisions, but above all it sells credits. And then it sells the risk of those credits. Squaring the circle. Featured image | The English Court In Xataka | The two largest travel agencies in Spain fight to sell trips to Disney. This is the business of children’s dreams

Philips coffee makers, iPhone mobiles or Samsung televisions among the top offers of the first Bargain Hunting in November

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There is nothing left for the next Black Friday, so some stores have begun to launch their own campaigns or individual offers that are quite interesting. Today, in the first Bargain Hunting in November, we will review the best deals of the whole week. iPhone 16 by 699 eurosa good price considering that it has been around for months for approximately 800 euros. Samsung S93F by 959 eurosa TV with a 55-inch OLED screen. Philips 3300 Series by 299.99 eurosa very complete super-automatic coffee maker. Samsung Galaxy Z Flip7 FE by 559 eurosa gem for a folding mobile. Ring Intercom Video by 69.99 eurosAmazon’s new device has been launched at a discount. iPhone 16 After the launch of iPhone 17 We have not found very good prices in the iPhone 16 that they manage to justify their purchase over the new generation, but things have changed with the new offer from Powerplanet, which has the Apple mobile for 699 euros instead of 800 or more euros, which is what it costs in other stores. He iPhone 16 It is a very interesting mobile if we are looking for a slightly more compact format (6.1 inches) than that of the iPhone 17 (6.3 inches). It is also a powerful mobile phone that integrates the A18 chip, has MagSafe charging and is compatible with Apple Intelligence.- The price could vary. We earn commission from these links Samsung S93F If you were thinking of renewing the living room television, be careful with Amazon’s offer on the model Samsung S93F. Its 55-inch configuration has dropped to 959 euros and it is a television whose speakers offer a 60W RMS sound poweroffers compatibility with Dolby Atmos and it comes with Alexa. In addition, its panel reaches a refresh rate of up to 144 Hz through its HDMI ports. Samsung S93F (OLED, 55 inches) The price could vary. We earn commission from these links Philips 3300 Series On the other hand, if what you are looking for is a good coffee maker to prepare delicious coffees in the morning, the Amazon store also has the Philips 3300 Seriesa super-automatic coffee maker that, 299.99 euroscomes with the possibility of preparing up to five types of coffee (cappuccino, espresso, and others), offers a pressure of 15 bars, includes a milk frother and comes with a digital touch panel. The price could vary. We earn commission from these links Samsung Galaxy Z Flip7 FE Folding mobile phones are usually expensive, but from time to time they drop significantly in price with the offers that stores launch. He Samsung Galaxy Z Flip7 FE has fallen on Powerplanet until 559 euros and it is a very interesting mobile phone: it has a good 3.4 inch external screen and its thickness is quite thin. Samsung Galaxy Z Flip7 FE (128GB) The price could vary. We earn commission from these links Ring Intercom Video The new generation of Ring Intercom It just arrived and has already been put on sale for a price of 69.99 euros. It is an interesting device to know who is knocking at the door, but from the mobile phone whether we are at home or not. Incorporates two-way communication, allows you to grant permissions to users so they can open the door with their smartphones, it includes Alexa and its installation is simple. Ring Intercom Video (latest generation) The price could vary. We earn commission from these links Some of the links in this article are affiliated and may provide a benefit to Xataka. In case of non-availability, offers may vary. Images | Apple, Samsung, Philips, Amazon In Xataka | The best mobile phones (2025), we have tested them and here are their analyzes In Xataka | Best televisions in quality price. Which one to buy and seven recommended 4K smart TVs

Although it may not seem like it, meritocracy does exist in Spain. At least among the millionaires

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In Spain, the idea that millionaires are born rich by inheritance It is changing, or at least that is what the various data and analyzes say. Recent figures show that in Spain the number of millionaires has increased “self-made“, scratching space for those who They have inherited their fortune. However, as in so many aspects, the data can tell different realities. Millionaires in Spain according to UBS and Forbes. The report ‘Billionaire Ambitions Report 2024’ prepared by the Swiss bank UBS, reveals that 44% of billionaires in Spain have created their fortune from their own work or investments. However, this figure contrasts with the published data by Forbeswhich show that about 74% of the big millionaires in Spain are rich thanks to inheritances that they have received from their family, leaving only 26% of those who would have obtained it on their own merits. Rich or very very rich: that’s the difference. So, which data is correct, UBS or Forbes? The short answer is both, because the difference is in the type of millionaire analyzed and the sample size. Forbes focuses only on billionaires (with assets in the billions of euros), while UBS includes highest net worth millionairesbut not necessarily at the global peak. According to the study data According to Charles Schwab, it takes $2.3 million to be considered a rich person. But to be considered a UHNWI (Ultra High Net Worth Individuals) or people with a assets available to invest of more than 30 million dollars. Depending on where that threshold is placed, the percentages also change. Heirs and own fortune. If only those who have more than 30 million dollars to invest (the UHNWIs) are taken into account, the percentage of Spanish millionaires who have inherited their fortune drops to the 14% that UBS indicated. This percentage also coincides with that given by the study by Jonathan Wai and David Lincoln which examines the nature of fortunes around the world. According to the data from this study, in Spain 38.4% of millionaires have received an inheritance and have multiplied that money through investments or their own projects, creating a new fortune from a previous financial base, while 47.5% have managed to build their wealth without receiving a significant inheritance. These figures show that meritocracy among millionaires exists, but adds the nuance that, in many cases, this fortune is the result of a combination between inheritance and effort staff. Don’t call it meritocracy: call it environment. When creating a new fortune Not everything is reduced to inheriting money, but it also depends largely on the social environment and the opportunities offered by birth. in a wealthy family. Having access to contacts, preferred education, and financial support increases the chances of success, even for those considered “self-made.” According to a report According to the Social Observatory of the La Caixa Foundation, it takes four generations to rise from a situation of poverty to the middle class. The report ‘To Have and Have Not – How to Bridge the Gap in Opportunities’ prepared by the OECD, points out that the socioeconomic environment of parents contributes up to 75% to the definition of their children’s opportunities. That is to say, a young person born into a wealthy family has more opportunities and economic support to start projects—which may be a failure, but also a resounding success—that a young man with few resources. That family support must also be taken into consideration when labeling “self-made” fortunes. Although this does not detract from the merit. In Xataka | If the question is how much money do you need to be rich, generation Z is clear: more is needed every year Image | Unsplash (Shane)

Colon cancers are increasing alarmingly among young people. We have a suspect: sedentary lifestyle

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colon cancer It is one of the tumors that has increased its incidence the most in young adults over the last few decades, a trend that is very worrying because has made science need to answer why. One of the most important points are the factors that are influencing more and more young people to begin to have tumors in their digestive system. A big problem. Colon cancer is undoubtedly one of the most aggressive diseases that we endure, and also really frequent among the population, with a really aggressive treatment with surgeries that can mean the removal of part of the colonbut also with a high mortality behind them. Its early diagnosis is so relevant that in Spain there are many autonomous communities that have screening programs either screening (although sometimes they fail like in Andalusia) to begin treatment in the case of positive cases, as soon as possible to increase their chances of survival. The problem is that this horrible disease is becoming increasingly prevalent, and science is seeing many factors that are important to take into account to try to reduce the chances of suffering from it. Quantified. This trend has been reflected in a published study in Annals of Internal Medicine which has detected that in many countries the number of cases among those under fifty years of age has grown up to four times faster than in older people. In the end, it is a phenomenon that has revived the debate about the causes and future strategies that must be taken in prevention and early detection. This is extremely important, since a timely diagnosis can mean a big difference in life expectancy who has a patient. The reasons. As stated in the Institute for Cancer Research, London After studying forty-two different countries, two main explanations have been identified. The first is the screening that is done among adults. Although it is very positive to do screening among the population for this disease, the reality is that there is an age limit from which these tests are carried out. This does not occur among the younger population who do not receive this type of screening tests on a regular basis, which may explain the accelerated growth in this group, since cancers are not diagnosed in the early stages. The second reason given is obesity. In this case It is considered a very important risk factor which drives the increased probability of suffering from colon cancer in young people and adults of all ages. Although it remains to be seen if there is an increase in its relationship with the younger population. Environmental factors. In addition to these two causes, the research led by the CNIO Digital Genomics Group in Spain provides new evidence about why this may occur. In his published study In Nature, the influence of the intestinal microbiota, particularly certain strains of E.coli intestinal, producers of the toxin colibactin. As we already sawthis can cause great genetic damage to colon cells that can accelerate tumor development. But other factors associated with the patients’ lifestyle are also being considered. In this case, the increase in type 2 diabetesespecially when there is a sedentary habit and unhealthy diets that seem to increase the risk of having this type of cancer. A Swedish study with a national cohort showed that people with diabetes reach an equivalent risk of colorectal cancer at younger ages than those who do not suffer from it, requiring prevention and monitoring before the standard screening age in the general population. But ultra-processed diets also come in here, excessive consumption of alcohol or even sugary drinkswhich can be an important risk factor. Prevention. Experts agree that there is no single and definitive cause, but rather a combination of genetic, biological, environmental and social factors. While research continues, it is proposed to implement comprehensive prevention policies that adapt to these realities. To do this, they aim to apply personalized screening that includes risk factors such as obesity, diabetes or family history. But we must also focus on research into how our microbiota can have an important implication in this. This forces us to have to take great care of what we eat and maintain adequate intestinal health. But the most relevant thing is to adapt the recommendations for starting screening for high-risk groups, such as young people who have diabetes or a family history so that they begin surveillance at age 40. Images | Ramon Inciarte Julia Koblitz In Xataka | Until now, different types of cancer required different types of treatment. A new vaccine wants to change that

The latest trend among the rich is exclusive writing retreats. Experts don’t think anything too good will come of it.

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The bubble of the luxury retreats It continues to grow by pairing itself with all kinds of hobbies. Painting, sculpture, ceramics, photography or jewelry classes we already have increasingly wealthy clients with higher and higher goals. The phenomenon of wellness luxury It continues to expand and the last sphere to receive its corresponding practical courses for very well-off people has been that of writing. In other words: if you are starving as a writer it is because you want to, it is a waste of time to make a living from writing (as long as you already had a lot of money beforehand, of course). Luxury retreats for writers. Luxury retreats for writers come under scrutiny in articles like this one from Slatewhich although it guarantees that the cost of the experience it describes is very high, also makes it clear that strictly literary results are not guaranteed. They are exclusive experiences that combine writing with activities such as massages, yoga, horseback riding, gourmet gastronomy and cultural tours in destinations such as Guatemalaon board a luxury cruise with all kinds of classes and tutorials, France either Tuscany. The only thing you need to participate in them is to have sufficient financial resources and available free time, not talent or experience in the world of writing. ‘Call me Ismael’, version wellness luxury. That is, more than the writing workshop in your neighborhood bookstore, these retreats have to do with the trend of wellness luxury that we mentioned: retreats that combine popular hobbies with exclusive holistic practices such as guided meditations, pranayamaspecialized massages, spa with ancestral therapies and gourmet organic gastronomy (sic). This exists but if you haven’t heard of it, perhaps it is because it is outside your sphere of possibilities. Visit websites with these types of experiences, such as Sansara Resort on the Pacific coast, and you decide if it is designed for your pocket or continue taking your drafts to your neighborhood bookstore. Emotional scam. Richard Z. Santos, author of the article, speaks directly of an emotional and financial “scam”: in the last 15 years, the duration of his literary career, he has observed how this market of workshops, sessions, and retreats to improve writing has grown, but the recent wave of touristy and expensive destinations for writers does not guarantee anything. These luxury retreats are accessible with direct payment and without a quality filter, they are more of a luxury product and a tourist experience than a serious training space. What’s more, some writers have reported that these retreats can be emotionally draining or counterproductive if you are working on sensitive or traumatic material without adequate psychological support. The barriers. Santos talks about the fact that the participants in this type of retreat are mostly white women with good economic stability, which creates an important socioeconomic and racial diversity barrier. Quite the opposite of what happens with “real”, prestigious and traditional retreats, such as Yaddo either Bread Loafwhich work with rigorous selection processes based on literary merits and offer scholarships for those who cannot afford them, and thus add social and ethnic diversity. Pay and you will receive. The luxury tourism industry and wellness They try to cover themselves with experiences that sell skills or training, and thus stop transmitting an image of indolence or little commitment to other social levels. But the name “pay-to-play” that is usually given to these withdrawals is for a reason: the fact of paying does not guarantee anything. And much less in something that requires a certain commitment, like artistic creation. Photo of Darius Bashar in Unsplash

Genesis wants to be Hyundai’s lexus. And its general director has no doubt of its expansion in Europe: “We are among the best”

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Genesis is a “premium Korean brand. We are among the best”. With these words, Peter Kronschnabl, director of Genesis in Europe, to the company where he works. After a few hesitant years and a limited presence in a handful of European markets, the Korean company of Premium vehicles will launch new markets from next year among which is Spain. The presentation of the plans came in the IAA Mobilitywhere Xataka He had the opportunity to know the details of an expansion that will play all the sticks. Genesis will be much more than a refined and more luxurious version of Hyundai. The company will have its own sports line and will put all the meat on the grill with its long starting at the WEC, the World Cup, and, therefore, on the 24 -hour Le Mans grill. New life for genesis In our country, Genesis has been little less than a great stranger. You may sound your logo (which can remind Aston Martin’s) and you may have seen some of her cars on the street. But it is rare because our country has been arriving in counted units. In fact, Genesis has only been present in recent years in Germany, the United Kingdom and Switzerland. That is, always with an eye on regions with more bulky wages than Spanish. However, the European hug to the electric car seems to have opened a loophole to other markets. Although there is no official confirmation, the brand has not ruled out that in the future we can see hybrid models. At the moment we know that they will bring three completely electric models. Two of them are SUV, the GV60 and the GV70, which will arrive accompanied by a Berlina, the G80. Genesis will offer models clearly focused on luxury And, in the absence of trying them, with a clear commitment to the most sophisticated comfort. On the way to the Münich airport we had the opportunity to get on its G80 as passengers and we verified first hand the words of its director for Europe. “What does it mean to be a ‘Premium Korean’? Obviously, we talk about the quality of the materials, we do not make any commitment. You will understand when you enter the interior because we are among the best brands of the Premium segment,” said Kronschnabl. And stressed, “for us it is very important They are Nimwhich is the Korean word that is used for the concept of hospitality. And when I say that for us it is very important, it is not only that you buy a car, but also that you have a service package with a car. We will give services that revolve around the experience inside the car. “ In fact, the true protagonists are their rear squares: two heated and ventilated rear armchairs, with the possibility of reclining in all types of positions and with massage included. Curtain for the windows, two tablets behind the back of the front seats and a total control of the infotainment system from a digital center located between the two seats. The movement makes sense in a European market where high -flight electrical options begin to take positions. The Chinese manufacturers As Xpeng or Nio have a clear technological commitment. Genesis, however, is committed to the most traditional luxury line, the BMW 7 Series 7 or a Mercedes S. The Hypercar with which Genesis will compete in Le Mans To this we must add that offering only electrical versions, at least for the moment, the bet is very little risky. Although cars arrive with drops, each electric registration helps reduce Hyundai average emissions in Europe. Import hybrid cars is more problematic because it would continue to represent the relative high cost of importing very low volumes but Without the benefit of directly attacking the average emissions. And when driving? We will have to wait to check for ourselves but from Genesis they already advance that “on one side you have the brands with a very sporty approach and on the other side those that are very oriented to comfort. We have our own positioning. We want to offer a good driving experience but comfort is above all” Of course, with genesis Magna should also come. This firm will be the most sporty version of Genesis. He has the challenge of offering clear differentiation with Hyundai’s N Division and putting a spicy point to cars that clearly bet on extreme comfort. However, Genesis investment for its (new) arrival in Europe is important and will begin by generating brand image In the World Cup. This same year they already took advantage of Le Mans to give first brushstrokes on the project. There they will compete with a Hypercar which was also seen in the Münich IAA Mobility. Live, paint absolutely spectacular. It remains to know how that V8 that will mount. The Koreans, in addition, have not spared efforts to give relevance to their sports commitment. The division is flag Jacky Ickxa myth of motor racing that piloted for Ferrari or Lotus in Formula 1 and is especially remembered by his six victories in the 24 hours of Le Mans. There, the team will be directed by Cyril Abiteboulwho already directed Renault in his passage through Formula 1. Of all this, however, we will know new details later. Photos | Genesis In Xataka | “They are a serious threat but we can contract”: Xavier Martinet, CEO of Hyundai Europe, about China and the Concept Three in response

5.7% unemployment among the best formed

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Some of the main gurus technological In Silicon Valleylike Mark Zuckerberg or Mark Chenhead of Development of Chatgpt, have ensured that university titles They are no longer a guarantee To get a good job in your companies. However, thedata of Eurostat and The last Active Population Survey (EPA) are stubborn and insist on demonstrating that people with higher studies suffer rates from Unemployment lower than the rest. Which invites you to deduce that having a university degree or an equivalent higher degree increases the possibilities of Find a jobeven if you are Overcueled for Work That is going to be done. The value of the university degree. The educational level clearly determines the Probability of finding work. Beyond the decrease in the unemployment rate in Spain that has registered the last report, being at 10.29%, the EPA data They reveal that the unemployment of people with higher studies have a 5.7%unemployment rate, while those who have not finished primary education are around 24.5%. Those who have finished ESO lower their unemployment rate to 11.5%. According The published by The worldthese data also show that unemployment has descended much faster among university graduates during the last decade, currently being at 2007 levels, when unemployment among the best formed workers stood at 5.3%. Europe lives a similar situation. This improvement in the unemployment rate of workers with higher education has not been enough to match the European average that, according to The data Eurostat is 4% during the first quarter of 2025, and remains in third place in countries with the highest unemployment rate in this segment of its active population, only surpassed by Turkey and Greece. It is not something strange considering that the general unemployment rate also occupies that place and Spain is not among the countries with the highest number of Employees with higher studies. According to the published data by Euronewsthe countries with the lowest unemployment figures in the segment of the best formed people are Poland and the Czech Republic, with 1.4%. The young people formed still have problems. Although the situation is especially advantageous for those who have already finished the university, it does not happen the same In all age groups. The highest unemployment rate of this active population segment is among the youngest between 20 and 24 years with 16.3%. This data is an indicative of The difficulties to those who face young people who just end their studies. The figures improve as the age strip is increased and employees acquire professional experience. For graduates between 25 and 29 years, the unemployment rate is set at 9.1%. For those over 30 years of age, it is already below 5%. Soft skills: essential complement. Although statistical data They deny technological gurusthe truth is that, if these higher studies are complemented by the so -called soft skills, the possibilities of finding a job in less time They increase. According to data collected in the Hays Guide of the labor market 2025 elaborate By the consulting firm Hays, 63% of Spanish companies prioritize soft skills, especially In technological sectors. Maintain an open attitude to change, teamwork capacity and know communicate effectively In the professional environment they are considered decisive factors for insertion and labor promotion. In Xataka | Finding had always been a good way to escape poverty: in Spain it is ceasing to be true Image | Unspash (Alvaro Reyes)

Send files among all my devices was a roll. Then I found this free application, Open Source and Multiplatform

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Airdrop and Quick Share (before Nearby Share) They are two sensational inventions, but they have a problem: they are not multiplatform. Airdrop only works in the Apple and Quick Share ecosystem alone in Android and Windows, so we have a problem if we mix devices. If you have an Android Mac and mobile, sending files from each other is a pain. If you have an iPhone and a Windows or Linux PC, the same. The solution? How could it be otherwise, an application Open Sourcefree, multiplatform and that works at one thousand wonders. My case. I have a Windows computer, an Android mobile and an iPad. I use the iPad to read and design, the mobile for all the things of day to day (but mainly take photos) and the PC for everything else. One can imagine how complex the file sharing is. To date, the simplest solution I had found were Telegram saved messagesbut it did not seem to me the most efficient way to send files, especially heavy, from one device to another, particularly from and from the iPad to others. LESS Airdrop. Whoever has an iPhone and a Mac will know the comfortable and above all, how fast is it sending any file through Airdrop: you share it, the devices are among themselves and wait a few seconds. Is there no alternative that works on any device, regardless of the brand? There are several, but the one that has managed to convince me for a matter of ease of use, for being free, multiplatform and Open Source His name is LocalSend. Localsend interface on Android | Image: Xataka LocalSend? It is an application that allows you to send files between devices through a local network without the need for Internet connection. To do this, use an API Rest and HTTPS encryption. It does not require external servers, but connects the devices with each other. The app has been developed by Tien do Nam and Your code is available in githubin case someone wants to take a look. And how does it work? Surprisingly well. The transfer is fast, stable and agnostic to the device. And if that were not enough, there is not a single ad, no data is not collected or data with third parties are not shared. A unicorn, go. Can be downloaded in Android, iOS, Windows, Linux and macOS From the official website. Patient potato (my mobile) sending files to Bright Melon (my PC) | Image: Xataka The only handicap is that both devices must be connected to the same Wi -Fi network, something that is not a problem if we are at home. Unfortunately, it is not compatible with Wi -Fi Directat least for now. If we had to use it away from home, it would be enough to create a local Wi -Fi network from the mobile and connect the devices to it. What can it serve. He has come to me to pass the brutes of the videos he recorded For Tiktok from the mobile to the PC (before I climbed them to Amazon Photos and downloaded them on the computer, like the beasts). It has also been good for me to spend some heavy designs from the PC or to send files to my mobile partner (Android) to yours (an iPhone). If you usually transfer heavy files between devices, localsend can be a great ally. Images | Xataka In Xataka | How to send large files: 9 free services with unlimited size

There is a chatgpt fever among public officials. What we do not know is how it will affect us as users

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In the City of Bétera (Valencia) they have turned Chatgpt into one more employee. He told so In the country Marcos Gallart, the Deputy Secretary of the Urban Planning Area of said town. According to him, AI saves “20% of the time in the writing of reports.” The OpenAI chatbot, like its rivals, allow it, of course to gain time to time, but there is a problem with that adoption. Or several. Be careful to save time. Although chatgpt can of course Help perform all kinds of administrative tasksGallart himself explained how formation, accompaniment and how far this type of tools can be used. And there is the problem, because the dimension and complexity of public administration makes this type of processes of adaptation and use of new technologies suppose a colossal challenge. There are no standards. Despite the EU regulatory obsession and Spain in the field of AI, there is no clear regulation that guides officials on how to use AI and how to manage data that are handled with it. Here teachers, health personnel or judges are included that are part of a huge group (1.6 million workers) who can of course use these tools, but very carefully. To tell the police. In recent months we have proven how the indiscriminate use of AI and confidence in these systems can be a real disaster. The National Police, for example, had been using ia for six years to detect false complaints, but The real reliability of the system was very debatable. In the recent ‘Ábalos’ an AI to transcribe the statements of witnesses and accused in the interrogations, but There were paragraphs that were a gallimatisms. Even more serious was what happened with the IA Viogén system, which was theoretically destined to solve cases of gender violence and It has ended up causing mortal tragedies. Spain wants in administration. Meanwhile, the Ministry of Public Function advertisement These days his intention to incorporate AI to the public administration. To do this, he raised a “sovereign platform of AI” with an investment of 14 million euros. His mission, among other things: to expedite procedures in the administration to provoke the one according to Minister Óscar López will be “the biggest revolution of the general administration from the Internet.” A nightmare for privacy (and security). Someone asked ChatgPT about personal issues is already delicate for both the answer – which may not be accurate or even correct – and for the fact that the chatbot keeps that data. The thing is especially serious If an official introduces documents of all kinds in this or other chatbots to summarize or analyze them: if those documents contain sensitive or private data, they are under the control of these chatbots, which in fact They can filter them By mistake to other users. Citizens, possible victims. That makes AI become a double row weapon for public administrations and citizens. On the one hand they can help expedite efforts and even solve problems much more efficiently. On the other, a Incorrect use Chatgpt and its alternatives can make private and personal data They end where they should not, or even something worse: That the result of a management is wrong because an official used it and considered that it was correct without adequate supervision. Zero Data Retention. In this sense There are many services offered by plans without data retention. (ZDR, Zero Data Retention) This is: The data you enter will not be stored on the supplier’s servers. OpenAI It has it In its Chatgpt Enterprise service, a business version precisely designed so that professionals can use Chatgpt’s capacity without fear of data leaks. Microsoft It is another example. Public administration is more “released”. In March It was approved he Draft law for ethical, inclusive and beneficial use of AI. That document was an adaptation to our legislation of the European Regulation of artificial intelligence Approved in March 2024but there we found a contradiction. It was criticized that the law of AI It was too restrictive “The EU had to back down,” but the funny thing is that it was not with the public administration: there the regulation is warm, does not specify bad clear uses and only considers minor offenses those referred to the deployment and use of the systems (articles 25, 26 and 27). Image | Pickpik In Xataka | The EU regulatory obsession raises a world in which AI will have two speeds. And Europe will lose

How the Latin Party of the 15 years is peering among the young people from Madrid

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In the Community of Madrid they live more than one million From Latin Americans, people born in Argentina, Colombia, Venezuela Peru or Uruguay (the complete countries around twenty) who work in businesses in the region, go to the same parks as the native population and have children who study in the same schools. That is why it is not strange that customs and traditions be infected. And that something like ’15 -year party’a celebration that until not so much celebrated only Latinas, start to turn on Madrid’s homes. Nothing that did not happen before with other traditions. Quinceañera To the Spanish. That in Spain parties of the 15 years are celebrated is no novelty. As the Latin population increased in our country, customs, traditions and products that until not so much was difficult to see on this side of the Atlantic were also extended. The quinceañera party It is a good example. The also known as ’15 -year -old party’ or quino is a celebration with which families mark the transit of childhood to maturity. And what are they? The staging can vary from one celebration to another or between regions, but there are some elements that are often repeated: Dresses Princess Styles (even with Cancán and Tiaras), bright colors, friends, chamblanes, cakes, dances … Everything, of course, focused on the great protagonist, the young woman who celebrates her 15 years and, with them, the transition from girl to adult woman. In the quinceañera celebrations it is common for this step to symbolize in different ways. In some countries, parents change the young woman’s footwear, replacing shoes with heel shoes, or the protagonist delivers her last doll to stage that leaves the childhood behind. Although There are those who go back The roots of the celebration of pre -Columbian cultures are not strange that the holidays include Christian action masses and sermons of priests. Expanding phenomenon. You may not know its details or history, but surely the concept sounds like you and you have seen photos of Quinceañeras In networks. Normal. A Fast search In Google shows news of 2017 or even 2014 in which there was already talk of how the holidays were spreading in Spain. At that time the norm was that behind those celebrations there would always be a young woman of Latin American roots. Today it is no longer so. A few days ago The country public A report in which he reveals that they are already organizing ceremonies for Madrid girls, Spanish families and without cultural ties with Latin America. “From 30 events, 10”. The phenomenon is better understood with the help of María Carolina Triviño, director of We will be Latina company based in Madrid that has specialized in this kind of ceremonies. While works above all with families from Honduras and Paraguay, it is no longer uncommon for their door to call Spaniards who want their daughters to celebrate the Quinceañera. “From more than 30 events, 10 have been for Spanish. And they always start the same: they came to a 15 -year party as guests of their Latin friends and encapricated,” Comment Triviño The influence comes through both friends and networks. In Tiktok they can be found A good handful Of videos about 15 -year parties, material in which as triviño acknowledges, girls are inspired to choose costumes and cuts. The country He has also spoken with Ana Rodríguez, a 50 -year -old from Madrid, to whom one day his daughter told him that he wanted to celebrate “his 15”. She had never heard of the party. His daughter yes, through her groups of friends and Tiktok. “It’s like Halloween or Pope Noél”. The ceremonies “of the 15” among young Spaniards may be new. Its context, no. Input because it is not the first celebration or foreign tradition that rootes in Spain. Before other parties have already done it through cinema or by simple imitation. “It’s like Halloween or Santa Claus, they don’t ask where it comes from, they just want to celebrate it because they see it around them,” Rodríguez comments. She herself confirms that in her environment, in Pozuelo, there are more Spanish who want to celebrate their own parties. “They don’t understand”. “Spanish parents don’t understand anything, but their daughters are clear: they want 15 photos, like their Latin friends. The other day a father told me: ‘This is going to be like Halloween. Before no one celebrated it and now everyone does it’”, agrees Sergio Saavedra, founder of a company dedicated to rent dresses for quinceañeras. Photos and costumes are two pillars of the party. “Latin girls do not want to give up their own and the Spanish do not want to stay out,” Point out Another entrepreneur who has seen a business opportunity. Not so strange. Another explanation that quinceañeras ceremonies They are rooting in Spanish homes is that the concept, in reality, is not so alien to us. Decades ago in Madrid, ‘parties of the 15’ were not seen, but they were held long when the young women fulfilled the age of majority. Between each other there are differences, but also similarities: celebrations centered on young people, dresses, social acts and a ceremony that in the end seek to highlight the passage of childhood to maturity. Today they continue to be held, although they are usually associated with certain social extracts. It is culture, and it is demography. If there is something that explains the pull of the Quinceañeras It is nevertheless demography. In Spain, many more Latin Americans reside today than a few decades, so it is normal for society to soak up its traditions. On January 1, 2024, the INE counted in the Madrid region just over one million people born in Latin American countries, which means that one in seven Inhabitants was born in Latin American countries. The data multiplies by which it was recorded at the end of the 20th century, when it did not even reach 100,000. And it is … Read more

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