catastrophe

Andalusia’s measures to prevent Leonardo from becoming a catastrophe

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This Wednesday the weather situation In many parts of Spain it is really complicated and Andalusia is one of the points where we are going to have greater impact with the storm Leonardo. Not because it is going to rain in large quantities, that too, but because the land is literally oversaturated with water. This has caused the authorities to begin to take measures such as the suspension of in-person activity in educational centers. The advertisement. This was announced by the president of the Andalusian Regional Government, Juan Manuel Moreno, this Tuesday after presiding over the advisory committee of the Emergency Plan that has decreed the suspension of classes in all the Andalusian communityexcept in Almería. This is complemented by the elevation of the Emergency Plan for the Risk of Floods to the emergency phase at level 2. There will still be classes. What was announced by the Andalusian executive is not the complete suspension of teaching activity in educational centers, but rather the transfer to telematic mode. In this way, the infrastructure that was already used in the covid pandemic is rescued with the aim that students continue receiving classes but without traveling to educational centers. The exception of universities. This alteration in the way classes are taught affects the educational centers over which the Junta de Andalucía has jurisdiction, but does not affect the universities. In this case, the decision is left in the hands of the rectors to continue supporting face-to-face classes, although in this case the focus is mainly on the evaluation periods, or to suspend teaching activity. This is something that is expected to be decided later this Tuesday afternoon when each university evaluates the risk of its students’ place of residence. At this time, we know that the University of Cádiz has postponed their exams due to this storm red alert. Reduce the number of trips. Preventing students from having to travel to educational centers to develop responds to the need to avoid traveling through areas that may be flooded. The question we ask ourselves in this case is what will happen to the workers who must go to their jobs. In this case, the activation of level 2 and the orange or red alerts from the AEMET protects the worker within article 21 of the Occupational Risk Prevention Law. In this case, it is pointed out that the worker has the right to interrupt his activity and leave the workplace if there is a “serious risk” to his health. Furthermore, the Royal Decree-Law 4/2023 It also establishes the obligation to prohibit the development of certain outdoor tasks if the worker’s safety cannot be guaranteed. In practice. If it is not possible to go to work due to short roads or flooding in the area, the absence from work is automatically considered justified by force majeure. It must be taken into account that the Workers’ Statute in its article 37.3g pick up a paid leave of up to four dayscovering absences due to force majeure when travel to the workplace is dangerous. That is why, to avoid exposure to risk, the prevailing recommendation in these cases is the implementation of teleworking. ES-Alert Notice. At this time there are some specific areas of Andalusia that have an active red alert due to very adverse weather conditions. These are the regions of Jerez and Campo de Gibraltar, points of Malaga such as Ronda, the area of ​​the Jaén bridges and others. Here the Board plans to send an ES-Alert notice at 20:00 due to the great risk of flooding, although there is the possibility that it will be expanded to other areas where the AEMET indicates that there may also be a similar risk of receiving a large amount of rainfall. Emergency level 2. This is an important qualitative leap in disaster management in Spain, since it implies that the management of the emergency becomes a total autonomous competence, coordinating all local and state resources under the same operational umbrella. Furthermore, the pre-activation of the Military Emergency Unit is not a formality, but rather seeks to gain vital time in the presence of floods in the areas most prone to it. Mobilizing the EMU in advance avoids delays of between 4 and 5 hours in the effective deployment on the ground in case the situation overflows, allowing almost immediate intervention. Images | Pablo FJ on Flickr In Xataka | Spain is preparing for a “festival” of storms in February: with more rain than normal and hardly any cold

Japan already knows how to get out of the demographic catastrophe in which it has sunk: with foreign babies

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Japan seems to have found the key to solve its demographic crisisperhaps the most serious problem, entrenched and apparently unsolvable (apparently) that the country faces. The latest data of the Government show that last year the nation softened its birth rate thanks to babies born to foreign couples. Not only did they grow in net terms, they also grew proportionally, partially alleviating the disaster of Japanese households. It is nothing that many other countries have not experienced before, including Spainbut there, in Japan, the data fuels the debate on immigration. What has happened? That the latest statistics from the Ministry of Health, Labor and Welfare show that Japanese demographics are advancing at two very different rates. If we talk about Japanese households (local population), the birth rate is clearly declining, with around 41,000 fewer babies in a matter of a year. Things are, however, very different when we look at foreign couples. Among them, the same indicator has skyrocketed to almost total 23,000 babies3,000 more than in 2023. The global birth rate remains negative, but it casts little doubt on its demographic driver. What does the data say? That immigration is the lifeblood of Japanese demography. And without a doubt also. The government figures, which show the balance for 2024 and have been published by Nikkei, They reflect how immigration has softened the country’s population setback. In 2024, the government registered 22,878 births of “foreign citizens in Japan,” a label that identifies babies born to foreign parents or a single foreign mother. The data is interesting for three main reasons. First, because they represent 3,000 more than in 2023. Second, because if we look even further back to gain perspective, we see that it represents a growth of 50% in a decade. And third, because thanks to this trend, foreign newborns now account for 3.2% of all births in Japan. It is a percentage very similar to the weight of the foreign population in the country: 3.6 million on a total of 124 million. And Japanese couples? The opposite has happened with them. Among Japanese couples, 686,173 births41,115 less than in 2023. If the blow of that ‘hole’ was not greater in the country’s final census, it was precisely because the foreign birth rate grew to provide almost 23,000 babies. Particularly noteworthy is the number of children born to mothers of Chinese origin (4,237), Filipino (1,897) and Brazilian (1,351). The remaining 14,425 births are attributed to a much broader and more diffuse category called “other nationalities”, which include, for example, Vietnam or Nepal. How many foreigners are there in Japan? Not that many, actually. The Nikkei agency specifies that at least at the end of 2024 in Japan there were around 3.77 million resident foreigners, more or less 3% of the global population. It represents a historical maximum and, above all, a sufficient volume to have strained the migratory pressure between the hottest topics of the national public debate. It is especially relevant that the big surprise of the July elections was Sanseito, a populist party that stands out (among other things) for the harshness of his speech against foreigners and tourism. In fact their motto was “Japan first”with which it won 14 seats and became the third force in the opposition. Even the candidates to preside over the PLD, including Sanae Takaichiwho will probably be the country’s new prime minister, toughened their speech. Why is it important? Because it shows the extent to which Japan faces an existential dilemma. The increase in the foreign population has become a topic of debate, but at the same time official data show that right now it is its demographic float. And that is not a minor issue in a country that has long been mired in a deep birth crisis that is undermining its census and aging society, with all the implications that this entails at an economic, labor, social and health level or even for defense of the nation. Is the situation so serious? In 2024 the country lost more than 900,000 people, a historic collapse that left its global census around 124.3 million of people, far from the maximum 126.6 million registered in 2009. Not only that. The ‘national’ birth rate (among Japanese) stood at its lowest level since there are records (1899) and the country has seen how those over 65 years of age have come to represent around 30% of the global population. Among foreign residents, 56% They move between 20 and 30 years old. Images | Yanhao Fang (Unsplash) 1 and 2 In Xataka | Japan has found the three most serious problems with the massive arrival of tourists. And none of it has to do with tourists.

9,000,000 dollars that prevented a major catastrophe in the great recession

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On October 28, 1929, the Down Jones index collapsed almost 13%. It was one of the most devastating days of Wall Street and the ‘Black Monday‘who marked the Great Depression of 1930. The consequences worldwide were devastating, but it is a cyclical that was repeated in 2008 and that He threatened just a month ago. The financial crisis of 2008 was one of the greatest economic shocks in recent history, and in it there was a history as chanante as representative of the operation of the banks. The 9,000 million dollars check. Collapse. He Origin of the recession was … United States. The banks spent years emitting massively high -risk mortgages (credits to individuals who were not going to be able to pay them) and packaged those operations as opaque products and poorly qualified by valuation agencies (they had more risk than it was said). They were the calls “Toxic assets“That banks and funds from all over the world had bought. It is what caused rampant speculation and an artificial real estate bubble. And all the elements led to the fall of several financial institutions as powerful as Lehman Brothers. The banks stopped lending money, affecting both the entities and companies themselves. There was no money, the stock market fell into chopped jobs and governments had to inject billions to avoid the collapse of the financial system. Aid! Between it was Morgan Stanleyone of the world’s largest investment banks (the US Big Four with Lehman Brothers, Goldman Sach and Merrill Lynch) who needed the same as the rest of the entities: a rescue. The great independent entities sought how to get billions to continue operating, and the state of Morgan Stanley It was critical. After flirting with some banks, including a Chinese controlled by the state, they put their hopes in Mitsubishi UFJ. It is one of Japan’s biggest banks and, after intense negotiations, agreed to inject a stratospheric amount. 9,000 million. It is said soon, but with that figure they would get 21% of Morgan Stanley and an annual dividend of 10%. They would be done with a good piece of the American banking cake and Morgan Stanley could continue to operate, but there was a problem: there was no way that the amount arrived in time to avoid collapse. In fact, everything pointed in one address: if that money did not arrive, the bank would disappear. Time ran against a Morgan Stanley who, in a matter of days, saw how his shares fell from 60 dollars to less than $ 10. Transfer and holidays. We were in 2008 and the methods were the same as today (that does not speak well of traditional banking, precisely). The negotiation between the entities was urgently held a weekend and if you are one of those who make transfers, you already know what that means: banks do not make transfers on the weekend or holidays. Due to Columbus dayIn addition, they were going to be closed until Tuesday and, in addition, a transfer took between two and three days. It may, by then, Morgan Stanley no longer existed. In addition, the entity needed to make the announcement of the fusion as soon as possible to relieve the load a bit and show the investors that there was light at the end of the tunnel. The solution was as archaic as effective: paper and boli. Of joke. In the negotiation, one of the members of the Morgan Stanley team commented a “what a pity that you cannot simply extend a check. account That attendees laughed, but it was a laugh followed by something like “a moment, it can work.” And what if it worked: if Mitsubishi could face extending a check of 9,000 million dollars, nothing prevented Morgan from depositing it at the bank before the markets opened on Tuesday morning. Thus, they could announce the fusion, they would have the money on the account, the investors would be happy and the end of the story. Round. Japanese negotiators called the central, they found that they did have the ability to extend that check and the result was as follows: A role that guaranteed that Morgan Stanley received an injection of 9,000,000 dollars and that caused an increase in the price of shares of $ 9.68 to $ 17.92 when the markets opened on Tuesday. The operation had gone well for both and today, Morgan Stanley has a capitalization of 190,000 million, while Mitsubishi’s investment today exceeds 40,000 million. A round business that, rather than for history itself, is curious for how a piece of paper (the most expensive in history, could be?) It was imposed on the limitations of the Banks computer system. In fact, in the documentary that the firm made About their history a few years ago, they recognize the most important of this matter: they were lucky. Images | Mortan Stanley In Xataka | “A hole we have never seen”: 25% tariff

KTM is saved from the catastrophe. It is the proof of the power of Indian manufacturers

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KTM has faced the most complicated beginning of the year. The company faced A bankruptcy situationforced to part with brands such as MV Augusta, and the waiting of a restructuring plan that would completely change the current strategy of the orange giant. Finally, good news comes. KTM has achieved the approval of its restructuring planwith the promise of an important capital and green light injection to resume production in the middle of next March. The plan includes the payment of 30% of this debt to its creditors, mobilizing another 150 million to resume production in its main factory located in Muchofen, Austria. “The total planned capacity of the four production lines in operation of a single shift will be achieved within a period of three months,” they say from Piere Mobility Ag. In Xataka The 12 cheapest electric motorcycles and with more autonomy: the best quality-price options These figures will be achieved thanks, among others, to the financial support of Bajaj Auto, one of the main KTM partners and in charge of manufacturing almost half of the manufacturer’s motorcycles, in addition to manufacturing for other premium companies, such as Triumph. {“Videid”: “X939600”, “Autoplay”: False, “Title”: “This is the Kawasaki Hyse, its hydrogen motorcycle”, “Tag”: “Kawasaki”, “Duration”: “132”} As you collect ReutersThe shares of Pierer Mobility AG rose 16.7% last Tuesday in response to acceptance by the creditors of the company’s suborganization plan, KTM AG. They have not transcended details about the restructuring plan, on which the company’s future depends to be profitable. Stock accumulationan important expense for competing in MotoGP, and a little competitive price strategy (something that is beginning to reverse with the new KTM 390 ADV) are some of the factors that have led the company to its current situation. Image | KTM In Xataka | To manufacture for first brands to compete with them: Chinese motorcycles are sweeping in Spain (Function () {Window._js_modules = Window._js_modules || {}; var headelement = document.getelegsbytagname (‘head’) (0); if (_js_modules.instagram) {var instagramscript = Document.Createlement (‘script’); }}) (); – The news KTM is saved from the catastrophe. It is the proof of the power of Indian manufacturers It was originally posted in Xataka by Ricardo Aguilar .

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