fears

While Europe fears for its pocket after gas cuts in the Middle East, France has a plan: its nuclear power

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Europe holds its breath in the face of the threat of a new energy crisis. The escalation of war in the Middle East has caused a real earthquake in the markets. The de facto blockade in the vital Strait of Hormuz puts in check the arrival of liquefied natural gas (LNG) ships from Qatar, forcing cargo ships to deviate towards Asia. With European gas reserves below 30% after an unusually cold winter, panic relives the nightmare of 2022 it is palpable. However, in the midst of this continental chaos, France observes the situation with an apparent and calculated calm. The French country believes it has an ace up its sleeve to avoid blackouts and industrial ruin: its imposing, and recently resurrected, nuclear fleet. A historical export record. While northern Europe trembles over gas, the French electricity grid operator, RTE, has just put figures on the table that support the Elysée’s optimism. According to the Bilan electric 2025Last year, France broke its historical record by exporting 92.3 terawatt-hours (TWh) of electricity. To put it in perspective, RTE’s Director General of Economics, Thomas Veyrenc, explained to the Revue Générale Nucléaire that this volume exceeds the annual electricity consumption of an entire country like Belgium. This milestone has returned France to its traditional role as Europe’s “electric battery”, a status that it had resoundingly lost in 2022. The secret of this success lies in the recovery of its nuclear park, which produced 373 TWh in 2025 (3.1% more than the previous year) thanks to better availability of its reactors. As pointed out by Financial Timesthis French nuclear fleet is precisely the energy lever that Europe was missing after the invasion of Ukraine, and could be the key to not having to turn on polluting coal plants again in the face of the current gas cut in the Middle East. The paradox: they export because they do not consume. Economically, the move is round. According to Le Mondethese exports have earned France 5.4 billion euros. By having so much low-cost electricity production (nuclear and hydroelectric), the country manages to maintain very competitive wholesale prices, situated at an average of €61/MWh in 2025, well below the suffocating prices suffered by neighbors such as Germany or Italy. But this “miracle” has some worrying fine print. As the specialized media warns Le Monde de l’EnergieFrance exports so much electricity mainly because its domestic consumption is stagnant. The country’s electricity demand remained at 451 TWh in 2025, 6% below pre-crisis levels. The reality is that France is far behind in the electrification of its own economy. Paradoxically, 56% of the final energy consumed by the country continues to depend on fossil fuels, especially in sectors such as transportation and heating. The energy clamp to Spain. The French master plan to establish itself as the energy savior of Europe has a clear loser: the Iberian Peninsula. As we explained in Xatakawhile Germany pays more than 100 euros for electricity and France pays 13 euros, in Spain and Portugal renewable overproduction sinks prices until they reach zero or negative values. Why doesn’t that cheap and clean Iberian energy flow to a thirsty Europe? Because France acts as a protective wall. The country maintains Spain as an “energy island” with only 2.8% interconnection, deliberately blocking vital projects in Aragon and Navarra in its network plan for 2025-2035. ANDThe eternal France-Spain conflict. The motivation is not technical, but pure geostrategy and economic survival. Paris needs urgently make profitable a pharaonic investment of 300,000 million euros in its atomic sector. Allowing the massive entry of competitive Spanish solar and wind energy would sink the prices and profitability of its nuclear plants. In fact, President Emmanuel Macron has come to attack the Spanish energy model in the international press, calling it unstable, arguing that a network does not support a 100% renewable model, and describing the urgency of interconnections as a “false debate.” However, the data dismantles the Elysée story. On the one hand, there is the “Danish mirror”: Denmark operates with more than 80% wind generation and does not suffer blackouts because it is ultra-interconnected with its neighbors to balance the load. On the other hand, the flagrant French amnesia regarding 2022 stands out, the year in which the French reactors failed massively due to corrosion problems and it was Spain that had to export electricity to rescue France from the blackouts. Because of this current plug, Spain is forced to throw it away (what is known as technical discharges or curtailment) around 7% of its clean energy because it literally “does not fit” into the grid. All this is part of a strategy of total domination by the Elysée: Macron not only seeks civil energy hegemony, but, how to collect CNBChas put a doctrine of “advance deterrence” on the table, offering the protection of its nuclear weapons to Europe in the face of the withdrawal of the United States. The Achilles heel: the uranium crisis. However, Macron’s nuclear fortress could have feet of clay. The chain RFI (Radio France International) warns that this “nuclear renaissance” faces great uncertainty over uranium supply. Historically, France obtained 20% of its uranium from Niger. But following the recent military coup, the ruling junta revoked the permits of the French company Orano, nationalized the mines and blocked exports, leaving Paris with a gaping supply hole. Now, France is desperately trying to look for new sources in countries like Kazakhstan (the world’s largest producer) or Mongolia, but there it comes face to face with the overwhelming geopolitical, business and infrastructure influence of Russia and China. A castle with a drawbridge. France has managed to build an energy strength that, in the short term, allows it to weather the Middle East storm better than its European neighbors, selling its surpluses at a gold price. But it does so at the cost of isolating the Iberian Peninsula and betting everything on a mineral, uranium, whose control is increasingly slipping out of its hands on the global chessboard. Time will … Read more

The closure of QatarEnergy shoots up the price by 45%, reviving fears of 2022

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Just when Europe breathed a sigh of relief, convinced of having stabilized its energy supply after the traumatic cut of ties with Putin’s Russia, the specter of the 2022 crisis has materialized again. A new “Black Monday” has shaken international markets, but this time the epicenter is not in Eastern Europe, but in the waters of the Persian Gulf. An unprecedented escalation of war in the Middle East has culminated with the temporary closure of the largest liquefied natural gas (LNG) export plant in the world. Europe reaches this moment in a position of vulnerability, since the gas market has mutated: it has ceased to be a simple raw material and has become a “high-speed financial asset” dominated by volatility. Added to this is that the continent has changed its dependency of Russian gas pipelines by methane tankers from the US and Qatar, today facing unusually low gas stores. The spark that set the markets on fire jumped on March 2, 2026. The state-owned company QatarEnergy issued a statement announcing the cessation of production of LNG and associated products after suffering military attacks on its strategic facilities in Ras Laffan and the industrial city of Mesaieed. According to the Qatari Ministry of Defense collected by Al Jazeerathe country was attacked by drones launched from Iran. One hit a water tank in Mesaieed and another hit an energy facility in Ras Laffan. Although the toll is about 20 injured and “minimal damage” after a rain of dozens of drones and missiles against the country, the decision to paralyze operations in Ras Laffan – which manages a capacity of 77 million tons per year—has been devastating. The chaos, however, not limited to Qatar. We are facing a regional domino effect. Saudi Arabia has been forced to temporarily close units of its giant Ras Tanura refinery after Iranian drones were intercepted. In parallel, Iraq has stopped the flow of a key pipeline to Türkiye for security reasons, and the Israeli government has ordered Chevron to halt production from its huge Leviathan gas field. The energy system faces a logistical problem There are some 150 ships paralyzed in the areawhich means an effective blockade of the Strait of Hormuzthe bottleneck through which a fifth of the world’s maritime oil and gas trade transits. The situation is so serious that, according to the Financial Timeshalf of the world’s largest marine insurers will suspend their war risk coverage in the area, completely deterring cargo ships. But the paralysis of QatarEnergy has a deeper reading. For geopolitical analyst Bachar El-Halabi, consulted through their social networksthis is not just a supply shock, but a clever maneuver. By stopping production, Doha internationalizes the conflict: sends the message that it will not be a simple passive game board and puts the pressure directly on its partners in Washington, Europe and Asia. The macroeconomic impact is already visible. From the British environment They point to widespread falls in the stock markets -with the Stoxx Europe 600 losing almost 2%— and a flight of investors towards gold. As stated by Simone Tagliapietra, analyst at the Bruegel think tank cited by Bloomberg: “The threat to security of supply is immediate (…) we are facing a new scenario.” So, is the price of gas going to rise? The market’s immediate reaction has been one of true panic. The reference gas contract in Europe (Dutch TTF) recorded intraday increases of more than 50%. According to data collected by The Economistthe megawatt hour jumped sharply from below 40 euros up to touching 47.5 euros. At the same time, Brent oil rose 9%, hovering around $80 per barrel. The European citizen might ask: “If only 10% of the LNG that reaches Europe passes through the Strait of Hormuz, why does it affect us so much?” The energy expert Joaquín Coronado sums it up perfectly: Gas markets do not operate based on isolated physical volumes, but rather based on global prices. If Asia suddenly loses the Qatari tap, it will compete fiercely with checkbook against Europe for shipments from the United States or Africa. In fact, Coronado warns that the consulting firm ICIS projects that a closure 90 days in Hormuz would raise the TTF up to €92/MWh. However, in the midst of the noise, analytical voices ask for calm. The columnist of Bloomberg Javier Blas he remembered on his social networkssupported by the economic journalist Miquel Roig, who although a 45% rise is scary in the headlines, the current ones €46/MWh They are nothing compared to the absolute record of €345/MWh in the summer of 2022. As Blas states: “As always, putting the wide angle lens on helps.” Although we are far from historical highs, the current situation finds Europe unprotected. Joaquin Coronado provides worrying information: European gas storages are at 30%7.5 points below the 2025 level. In Xataka we explain it with the phenomenon of backwardation: since gas in the future was cheaper than current gas, it was not worth it for companies to fill their warehouses. This price spike has direct and immediate consequences. Crowned already advance that the price of electricity in the Spanish wholesale market (OMIE) will reach €106.6/MWh in tomorrow’s peak hours. For intensive industries (such as chemicals, fertilizers or ceramics), the profitability threshold usually is among the 50 and 60 €/MWh. If prices stagnate there, we could see a new wave of factory closures and a rebound in inflation. On this board, Spain lives its own paradox. Although it has regasification plants and ships on its coasts, it functions as an “energy island.” Our country lacks sufficient interconnections (pipes through the Pyrenees) to pump all that gas to Germany or Central Europe, preventing Spain from serving as a total lifeline for the continent. The closure of the QatarEnergy plant serves as a stark reminder of current energy geopolitics. Europe believed it had shielded its system by becoming independent of piped gas from Russia, but it simply has replaced one vulnerability with another: dependence on sea routes and American and Qatari … Read more

Japan has been wanting fewer tourists for years. Now he fears China is making his wishes come true

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Japan has been choked by foreign tourism. And it is understandable. The weakness of the yen, the reactivation of demand after the pandemic stop and the enormous popularity that the country has achieved on networks has triggered its flow of visitors to record levelsstirring up the debate on he oversight and generating discomfort in some particularly congested destinations, such as Kyoto, nara or Osaka. To stop it, there is already talk of a tax increase. There are even cities looking for ways to reduce the flow of international tourists. Now, for reasons that have little or nothing to do with the tourism market, Japan is encountering the collapse of demand in its big market: China. The question is whether that is a blessing or a threat to your economy. Pack of tourists. The data is incontestable. Japan has become one of the most popular destinations among those planning their vacations. Last year the country received 42.7 million of foreign visitors, an absolute record that shatters the data from 2024, when it fell just short of 37 million. Beyond the year-on-year comparison, the data is interesting for two reasons. First, because never before had the Japan Tourism Organization (ONTJ) counted more than 40 million visitors annual. Second, because the data leaves the 31.9 million of 2019, the last year before the pandemic, far behind. If nothing changes, the Government plans to reach the 60 million this decade, which will translate into a powerful injection of resources into the Japanese economy. In 2025 alone, foreign travelers spent more than $60 billion. More than money. The problem is that this flow of tourists not only translates into full planes, hotels with the sign ‘no places left’ and hoteliers and merchants satisfied with their sales. The international tourism boom has generated tensions in some destinations especially congested, leaving almost almost surreal episodes, such as the one lived in Kyoto. There the authorities have had to prohibit “paparazzi tourists” from accessing one of the most emblematic points of the city. The reason: so that they do not harass the geishas. It is not the only proof of the tensions that are emerging due to tourist saturation. In Fujikawaguchiko the authorities, unable to contain the hordes of travelers eager to “hunt” the best selfiethey chose to install a fence that blocks the views of Fuji. In Fujiyoshida they just canceled your festival Sakura because it saturates the city with visitors who clog traffic, sneak into homes and leave trash in parks. And in Yamanashi they decided years ago start charging to ascend Fuji to preserve the mythical mountain. And the Taiwan crisis arrived. Whims of geopolitics and international diplomacy, Japan has just found that this record flow of visitors could receive a severe setback. And all on account of something that has little or nothing to do with the tourist market: Taiwan. To understand it, we have to go back to November 7, when the Prime Minister of Japan, Sanae Takaichi, warned during a parliamentary debate that Japan would not hesitate to mobilize its self-defense forces in case China entered Taiwan by force. Although the Japanese Government assures that its position remains the same as always, the truth is that Takaichi’s words broke the “strategic ambiguity” that Japan has maintained for decades. And that was not liked one bit in China. The relationship between Beijing and Tokyo became strained to such an extent that the Asian giant responded with more than complaints diplomatic: canceled concerts by Japanese artists, postponed the premiere of movies, he claimed the pandas on loan to Japanese zoos and restricted its valuable rare earth exports. What does it have to do with tourism? That in its response to Japan, Beijing also played one of its great economic assets: tourism. The Chinese authorities they advised its citizens to avoid Japan and even canceled dozens of routes airlines with the country. In November the BBC reported that some Chinese airlines were offering their customers refunds for their flights to Japan. Such a movement would not have much importance if it were not for the fact that China is one of the main sources of the Japanese tourism sector. The Asian giant is one of its big markets issuers, along with Korea. According to the Japan National Tourism Organization, in 2024 China was the second largest source of tourists visiting Japan. concentrated about 19% of all demand, only behind Korea (24%). The data is also completed with the 7.3% of Hong Kong and the high weight that Taiwan also has in Japanese tourism. The flow from the Asian giant is key, however, for another reason: as remember The New York TimesChina not only moves many tourists but its tourists spend a lot in Japan. Goodbye Chinese tourists. Although the open conflict between China and Japan is recent, its effects have not taken long to be noticed in the tourism industry. TNYT assures that in December the flow of Chinese travelers already plummeted by 45% compared to the same month in 2024. And the situation does not seem to be improving in the coming months: Japan has fallen on the list of the most coveted destinations for the Chinese to enjoy their Lunar New Year holidays. There are those who already warn that Japanese hotels will welcome 60% less of Chinese. Why is it important? Beyond the percentages, this ‘puncture’ in the Chinese market represents a setback for a sector (Japanese tourism) that until recently seemed unbeatable. Despite how popular Japan continues to be in the rest of the world and the record data it is collecting, its balance of incoming tourist spending registered a drop of 2.8% during the last three months of 2025. It is not a high percentage, but it represents the first decline in more than four years. In November, Bloomberg already warned that the diplomatic row with China threatened to cost Japan’s tourism sector 1.2 billion in income. If the data were not conclusive in itself, it comes at a … Read more

NVIDIA fears that China will hinder the sale of H200 chips, so it is asking for advance payment without exchanges or returns

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The fact that NVIDIA can market H200 chips in China It’s going around a lot these days and it’s no wonder. And after the Government’s uncertainty about whether it ends up allowing them in the country or not, the company has imposed unusually strict payment conditions for customers who want to buy these chips in China. According to information According to Reuters, the company now requires full payment up front, with no cancellation, refund or configuration changes options once the order is placed. Why it matters. NVIDIA has billions at stake in China, the world’s largest semiconductor market. Chinese technology companies have placed orders for more than 2 million H200 chips valued at about $27,000 each, well above the company’s available inventory of 700,000 units, according to account the middle. But the regulatory situation is a powder keg: the United States has just authorized the sale with a 25% tariff, while China has not yet confirmed whether it will allow imports. Regulation. The Biden administration had banned the export of chips advanced AI to China, but Donald Trump reversed that policy last month allowing H200 sales with the aforementioned 25% tariff that goes directly to the US government. However, China has not yet given the official approval. According to BloombergBeijing plans to approve some imports this quarter, but only for select commercial uses. The military, sensitive government agencies, critical infrastructure and state-owned companies would be left out for security reasons. Protection. The payment terms transfer all of NVIDIA’s financial risk to its customers, who must commit capital without certainty that Beijing will approve the imports or that they will be able to deploy the technology as planned. According to account The average, although NVIDIA has always required advance payments from Chinese customers, deposits were sometimes allowed in lieu of full payment. Now the company is especially strict due to the lack of regulatory clarity. A recent scar. NVIDIA has reason to be cautious. Last year it had to write down $5.5 billion in inventory after the Trump administration abruptly banned the sale of the H20 chip to Chinathe most powerful product that it could then offer there. Although the United States has reversed that decision, China has since banned H20 shipments. This experience explains why the company prefers to ensure collection before any unforeseen regulatory event. Overwhelming demand. Chinese tech giants like ByteDance and Alibaba see the H200 as a significant improvement. This chip, currently NVIDIA’s second most powerful, offers approximately six times the performance of the now locked H20. According to Bloombergboth Alibaba and ByteDance have privately communicated to NVIDIA their interest in ordering more than 200,000 units each. Delivery times. NVIDIA plans to fill initial orders with existing stock, with the first batch of H200 chips expected to arrive before the Lunar New Year holiday in mid-February, according to account Reuters. The company has also approached TSMC to increase H200 production to meet demand in China, with additional manufacturing planned for the second quarter of 2026. The local competition. Meanwhile, NVIDIA’s Chinese rivals are gaining ground. And just as inform Bloomberg, local manufacturers such as Huawei have developed AI processors, including the Ascend 910Calthough its performance still lags behind the H200 for large-scale training of advanced models. On the other hand, Cambricon Technologies It also plans to significantly increase its production of AI chips in 2026, thus expanding its market share and filling the gap left by NVIDIA. What’s coming now. In the coming days it will be known if China makes a final decision on H200 imports. Jensen Huang, CEO of NVIDIA, declared at CES this week that customer demand for H200 chips is “quite high” and that the company has “activated its supply chain” to increase production. Huang also noted that he doesn’t expect the Chinese government to make a formal statement about approval, but rather that “if purchase orders come in, it’s because they can make them.” Cover image | NVIDIA and Arthur Wang In Xataka | There is a new player in the race for the autonomous car and it is one that should worry Tesla a lot: NVIDIA

Spain fears a major collapse during the August 2026 eclipse, so it is already starting to design emergency plans

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Spain has activated the machinery to prepare for one of the most anticipated natural phenomena with the greatest logistical impact: the total eclipse that we will experience next August 12, 2026. A phenomenon that will cross the north of the country and that will make Spain the focus of all lovers of these phenomena that nature gives us, and it is logical, since it is the first total solar eclipse visible from continental Europe since 1999. The challenge of having thousands of people gathered together looking at the sky, and also added to the large number of tourists who will arrive in the country, makes the Government has asked the autonomous communities to prepare security and mobility plans. Something that can be similar, for example, to the organization of a soccer World Cup, but concentrated in a few hours. In order to manage the logistics of this important date, the central government activated an inter-ministerial commission that recently had a second meeting with the regional representatives. The objective is to be able to have a joint response to the massive influx of visitors mainly to the north of Spain. And it is no wonder, since in experience we have in mind the ‘Great American Eclipse‘ of 2024 where thousands of people ended up collapsing parks and roads, even where the eclipse was partial. And we want to avoid as much as possible that this ends up being chaos in Spain. The estimate. We are not talking about a few thousand people interested in these phenomena, but the Government proposes that millions of people can move to follow the strip of totality that will diagonally cross 13 autonomies and at least 27 provinces from Galicia to Aragon, passing through Castilla y León, Cantabria, Navarra and La Rioja. The eclipse will occur just at sunset, with the Sun going completely dark for a few minutes while the Moon blocks its disk, peaking at 20:28. The zone of total darkness will also cross a part of northern Portugal, the extreme west of Iceland and an unpopulated strip of Greenland, but Spain will be the only country where it can be observed with full guarantees and from inhabited places. And in the case of Spain in particular, the truth is that it is something historic, since It will be the first to be seen from the Iberian Peninsula in more than a century. What is requested. The central government wants to anticipate problems that may arise, such as an emergency, which is likely when we talk about a mass of people at a specific point. But in addition to this, contingency plans must also be prepared on roads due to the large number of trips that can occur in a very short period of time. The problem here is that we are in a country that is not centralized in a single administration, and that is why the cooperation of all the autonomous communities is essential. The Ministry of Science emphasize which, in addition to guaranteeing safety and mobility, seeks to promote correct scientific dissemination and avoid risks such as the use of non-approved solar glasses, an aspect highlighted by Cigudosa to prevent damage or fraud in eye protection during observation. The problems. Among those they want to address is undoubtedly the possibility of having accidents on roads, kilometer-long traffic jams and blocked access to cities. This adds to the possible overload of the infrastructures of emptied Spain, since many observation points are located in rural areas or coastal areas with limited resources. This means that it can be very easy for secondary roads to collapse, mobile coverage towers to be saturated, and for there to not be enough fuel or food for all the spectators of this historic event in our country. Although we must also highlight the possibility of a greater number of forest fires due to bad human practices and precisely at a time of maximum risk. Those that are to come. The 2026 eclipse is just the starting signal for a ‘trio of eclipses’ that can be seen from Spain. The specific agenda we have is the following: August 12, 2026: the great northern eclipse, at sunset, which is total. August 2, 2027: Just one year later, another total eclipse will cross the southern tip of Spain. It will be visible from Cádiz, Málaga, Ceuta and Melilla. Unlike the first, this one will be in the morning and will be one of the longest of the century, with a total that will exceed 4 and a half minutes in the Strait. January 26, 2028: an annular eclipse (where the Moon does not completely cover the Sun, leaving a bright circle) will cross the south of the peninsula, visible from areas such as Seville or Granada. In this way, the Government has the task of preparing for three different events in a range of three years that will attract a large number of national and international curious people. In Xataka | Between 2026 and 2028 Spain will become an eclipse paradise. And we have new maps to know where they will look best

While Laurence hits Spain, Aemet fears another four weeks of rain

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Just a few hours ago, the high impact storm Laurence was east of the Azores. Not anymore. And on his way to the east Three fronts have already been defined that are impacting the Iberian Peninsula (or are about to do so). After the little parenthesis of the weekend, the rain is back. And it seems that he plans to stay. Three fronts? The first, the warm (a hottest mass than what we have now on the country), is entering the Gulf of Cádiz and will leave heavy rains in the Guadalquivir valley. The second will be cold and will water much more water also entering the Southwest. And finally, an occlusive one will arrive (that is, a compressed mass between two others) that will be the coup of grace and the real problem when high accumulated and heavy rains. With the aggravating thing that, after hours and hours of rain, all drain systems will begin to be collapsed. Is it dangerous? In some areas it can become, yes. For example, As Álvaro Oliver explainsthe rains that will reach the central system “will clearly exceed 50 mm and even 100 mm at many points.” If we add to that the thaw that will occur, the situation can be complicated. And, beyond that, the rains They have no heavy to send. This is what Aemet tells. And, as we say, not only Laurence is going to leave “abundant rains in large areas of our country” and will breathe “temperate air” that will boost the thaw, is that “Wednesday will be a transition day between two storms: Thursday comes another with more rain “yet. Other? How long will this last? This question has two answers: the short is that we have no idea. We already know how variable the time in spring is. The long one, however, has a lot of crumb to analyze. Because If we look at ECMWF’s weekly modelsthe European weather model, we will see that the next four weeks appear with positive anomalies in rainfall. It is true that the one that has that most accentuated trend is this that we now start, but (always according to the model) the rainfall above normal can remain much longer than expected. Image | ECMWF | Sami Ullah In Xataka | If the question is when the rain is going to end, Aemet has bad news. Especially for Andalusia

Six fears have defined their career

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Jeff Bezos has founded two of the most successful companies in the last decade: Amazon and Blue Origin. His path to success was not only promoted by his leadership skills and his vision of the future, but also for seven fears that marked each and every one of the decisions he has made in his business career. These fears, far from being a weakness, became a force that motivated him to take risks, innovate and Build an empire which has transformed various industries. Since its inception, Bezos knew how to face their fears and turn them into Growth opportunities. 1. The fear of repentance Just as Jeff Bezos himself told Your graduation speech From Princeton, before founding Amazon, Jeff Bezos was a brilliant Wall Street analyst with a promising career. However, he abandoned the security and stability of a well -paid job to launch books online when no one did. To overcome this fear, Bezos developed what his “Repentance minimization framework“. This approach helps him make decisions based on what would bring him more peace of mind in the future, even if he implies taking risks in the present. As he said in An interview In 2001, one of the main fears that defined Bezos’ life was the fear to reach the end of his life and regret not having tried something important. “I realized that I wouldn’t regret trying something important, even if I failed. I knew that would chase me every day.” 2. The fear of losing competitiveness Bezos has always been very aware that success attracts competition, so it is necessary for companies to always remain at the forefront with a mentality that the millionaire called the mentality of “day 1” in its famous 1997 letter to investors of Amazon. This fear has led him to promote a culture of innovation Constant inside Amazon, always looking for one step forward. His obsession with the client and for continuously improving the services has kept him alert to the movements of his competitors to place one step ahead. “The second day is stagnation, followed by irrelevance, followed by an unbearable and painful decline, followed by death,” he said in his manifesto. A clear example of this was the Amazon Prime developmenta service that revolutionized the expectations of consumers in terms of fast shipments and digital content. This strategy was born from the fear of being overcome by other technological companies that also sought to captivate the public. 3. The fear of garages Directly related to the previous point. His “urgency” philosophy has driven him to act quickly in the design and development of new ambitious projects. For him, every moment counts, and inaction can be a more dangerous enemy than his own error. Jeff Bezos claims not to be afraid of his great competitors who, guiding himself by trends, can more or less predict. His true fear comes from a garage. “I am more afraid of two kids in a garage, than the competitors I already know,” assuredIn an interview. The great ideas and products that have changed the technology of the last 40 years have not come out of huge hierarchical structures in multinational, but have been the ideas of young people who have developed With just resourcesbut with large amounts of commitment and innovation. As he himself did when founding Amazon from the garage. 4. The fear of failure: CEO paranoia Although he is one of the most successful businessmen in the world, Bezos is not immune to fear of failure. It is not the only one. CEOs and managers of successful companies such as Jensen Huang de Nvidia or Peter Beck of Rocket Lab also They have confessed feel what is already known as “CEO paranoia”: a atrocious fear to fail and that their companies are ruined. However, these managers see failure as an essential part of the Innovation and growth process. They are aware that assuming risks means accepting that some ideas will not work, but also that these errors are opportunities to learn and improve. “I asked everyone here to wake up terrified every morning, with the sheets soaked in sweat,” assured The millionaire Fortune. 5. Failure as a lesson for success Despite being a successful millionaire, Jeff Bezos’ career has not been exempt from failures. However, instead of regretting them, he assumes them as part of a growth process. In his Letter to the 2015 shareholdersthe millionaire said: “I think we are the best place in the world to fail (we have a lot of practice!), And the failure and invention are inseparable twins. To invent you have to experiment, and if you know in advance that it will work, it is not an experiment.” An example of that culture of innovation were Alexaand Kindletwo disruptive products, which have finally established themselves in their respective areas. 6. Fear of uncertain future Jeff Bezos has always shown concern about the uncertainty of the future, both personal and global. This fear motivated him to found Blue Origin, his company from Space explorationwith the vision of finding solutions so that humanity can survive beyond the earth. “The land is finite and if the world economy and population will continue to expand, space is the only possible way,” collected Business Insider. Bezos believes that humanity must be able to expand towards other planets to ensure their survival. As he said in the Lex Friedman Podcastthis fear, far from being pessimistic, has become an engine to develop technologies that could change the fate of our species. In Xataka | The next border of the super farms is no longer to be Milmillonarios, is to be Billionaires: Musk, Zuckerberg and Bezos are candidates Image | Wikimedia Commons (Daniel Oberhaus)

In its pulse with the US, China has restricted key minerals for the Tech industry. Japan fears an impact globally

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The commercial war between United States and China It is developing with export controls. While Washington restricts the sending of advanced semiconductors and other avant -garde technologies, Beijing responds by limiting access to strategic resources. However, Japan has not hesitated to warn that the repercussions of this confrontation can go beyond these two powers. Financial Times points out That both the Japanese government and the companies in the country are alarmed by the recent measures of the Asian giant, which could mark the beginning of a “declaration of economic war against the rest of the world.” Japan, the greatest global consumer of Germanio, Graphite and Gallic, continues to receive these critical minerals, but fears that China further limits its supply. The dilemma of re -export controls China wants to prevent Gallium, whose supply to control 98%, drive military applications in the United States. And not only is he trying to do it directly with the export controls, but also indirectly with the Re -export controlswhich seek to limit the sending of products that contain this element, but the rules of the game are not clear at this time. The Chinese Gallic is in pieces made in Japan and imported by Tesla, as well as in Broadcom optical communication components and semiconductors used in Apple devices. However, Japanese suppliers that make up the supply chain of these US companies claim to ignore the gallium limit that they can incorporate into their products. So, as they warn, China could decide overnight that an excess of gallium is being sent to the United States and demand that a export license to continue supplying. The dynamics of licenses is well known: the United States has also used them To restrict the export of Nvidia graphics chips to Chinaand the problem is that, in most cases, they are never granted. In a globalized world, the decisions of key countries resonate beyond its borders. A change in the export policies of China or the United States can reconfigure access to essential resources, affect global prices and alter the economy of some nations. What seems like an isolated dispute can have direct effects on global markets, even making themselves feel in consumers. Images | Lio voo | Ln In Xataka | China’s veto to export minerals to the US had a small print and affects a key element of Ukraine defense: drones

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