The Starbucks CEO wants everyone to work to the office. It is easy for him because he can go in private jet

Back to Starbucks. That is the name that Brian Niccol, the current of CEO of the popular coffee shop chain, put To the plan to revitalize the company. It is an ambitious plan and that, among other things, has meant a change of course as far as teleworking is concerned. Since 2023, Starbucks workers have maintained a hybrid format Three days in the office, two at home. That will end because, soon, will be four mandatory days. It is a novelty that is seen very differently when you go to the office in private Jet, of course. Let’s start at the beginning. Of coffee tacos. Niccol was CEO of Taco Bell until 2018. The headquarters of this company is in Irvine, California, 15 minutes by car from Niccol’s house in Newport Beach. In 2018 he left Taco Bell to exercise as CEO in Chipotle, whose headquarters was in Denver, 1,600 kilometers from his residence. Three months after assuming the position, Chipotle changed its headquarters to Newport Beach affecting 400 people in the process. In 2024, and after revitalizing Chipotle, Niccol assumed the CEO of Starbucks With conditions that did not go unnoticed. Elon Musk vs Jeff Bezos: The Galaxies War Brian Niccol | Image: Starbucks To the ophi yes, but I don’t move. The Starbucks headquarters and therefore the workplace of its CEO is in Seattle (Washington). As a company employee, he also applied the policy of going at least three days to the office. The distance that separates the headquarters from your home is 1,600 kilometers, but that is no problem because The offer contemplated that “you will not be asked to move to the headquarters of the company”. So… It will not go by car, clearly. They are about 19 hours of journey, According to Google Mapsbut fortunately the job offer established that Niccol could dispose of the company’s private jet for “business -related trips according to the company’s travel policy, travel between its city of residence and the headquarters of the company in Seattle, Washington and its personal trips according to the company’s policies, up to a maximum amount of $ 250,000 a year.” Image | Starbucks Three four days. Now that we know the context, we will surely see in another way The letter that the CEO has recently published. In this text, Niccol explains that from next fiscal year employees will have to go to the office four days instead of three. Specifically, from Monday to Thursday. At the moment, this dynamic will affect the regional offices of North America, the Toronto support centers and, of course, the headquarters in Seattle. If you are a boss, to the office. In February, Starbucks asked the VP level team and managers who worked in Seattle and Toronto. Now that requirement will also apply to support centers, whose leaders will also have to move to these cities. And all this why? According to Niccol, the reason to reestablish this office culture is that “we work better when we are together. We share ideas more effectively, we solve difficult problems creatively and move much faster.” Between lines can be read that an increase in productivity is sought. The CEO affirms that it understands that not everyone will agree with this measure, “but as a company based on the human connection, and given the magnitude of the change we have ahead, we believe that this is the right path for Starbucks.” So clear it has that the future goes through the office that, in its own words: “If you decide to leave Starbucks for any reason, we respect it. To support those who decide to” leave “, we are offering a unique voluntary output program with a cash payment for the partners who make this decision.” Two rhythms. This is not a problem for Niccol (to which this policy should also be applied). Has All the company’s resources at your disposal To travel and, according to a company spokesman, a house has been bought in Seattle. This already shows that The return to the office is made at two speeds: that of employees, which can be forced to move to a more expensive city, give up promotions or even leave the company; and that of the senior executives, who can afford to travel in a private jet or buy a house in the city that proceeds. Cover image | Tr In Xataka | Starbucks made a very strong bet in China to continue growing. Tariffs threaten to take it ahead

Private jets and premium travelers contaminate a lot, so Spain already plans what to do with them: charge them much more

If you travel in Premium mode, it will have to pay (even more) premium prices. That is the idea that several countries shuffle, including Spain, which have discussed a unique possibility: to impose special rates both to private aircraft and jets and passengers traveling in the premium classes. New taxation for the air sector. As indicated In Reutersthe debate has occurred during the UN conference On development financing held these days in Seville. There has been where Spain and other countries have discussed the impact of the air sector on the environment and how to try to mitigate the problem. And the solution they have found is clear: special rates for them. A disparate group. Countries that are inclined to this option form a singular group. They are Spain, France, Kenya, Benín, Sierra Leone, Somaia, Barbados, and Antigua and Barbuda. All of them advocate the introduction of “a specific rate to executive class bills and private airplanes.” Pedro Sánchez, president of Spain, also added that “the specific rate for this type of flights” is intended to address pollution and climate change. Private jets and premium passengers, under examination. The proposal is based on the experience collected by the road map of the COP28 (Conference of the Parties of the United Nations Framework Convention on Climate Change) and the COP29. The objective for COP30 is “a better contribution from the aviation sector to fair transitions and resilience, with special attention to premium passengers.” Premium travelers coalition. The French executive has published A statement explained that today the aviation sector contributes to 2.5% of CO2 emissions, and remains one of the industries that grow the most in this type of emissions. In the G20 the average price of the kerosene in 2021 was 9 euros/ton, compared to the 79 euros of the diesel and 68 euros of gasoline. Private jets, horror. But the problem is aggravated for private jets and “premium travelers”: 1% of luxury aircraft passengers pollute more than 50% of commercial aviation. Emissions generated by private jets have increased significantly: 46% From 2019 to 2023. What does the European Commission say. According to that statement, the European Commission “will continue to provide technical support to this initiative.” France has been fighting this problem for some time, and that three years ago I cricked that “two -speed effort“. Its rulers criticized that while they were required to neighboring countries that were Press the energy belta wealthy minority I took private jets for routes that could be covered with less comfortable alternatives, but also less burdensome and pollutants. Taxes to fight climate change. The Global Solidarity Levies Task Force (GSLT) is an association led by France that also supports this initiative that is part of the so -called Pact for Prosperity, People and the Planet (4p). In the statement The GSLT includes statements by Emmanuel Macron and Pedro Sánchez. For this body this type of tax can raise “vital taxes for the weather.” Tax. From Greenpeace Remember That “flying is the most elite and polluting way to travel, so this is an important step to ensure that the great consumers of this little taxed sector pay the part that corresponds to them.” It would thus be taxed by those industries that most contaminate, and private flights are of course a problem in that area. Other countries could join. The coalition indicated that it should work to “improve the mobilization of internal income of developing countries.” Member countries will work so that other countries join this initiative so that “air bills are applied, including high -end, and to tax private planes based on best practices, at the same time guaranteeing ascending harmonization and greater progressivity in countries that already have such levies.” In Xataka | Your own private jet for 111 euros: the company that has devised the “blablacar” of luxury flights

In 2015, Catar’s ex-emir fractured a leg in Morocco. So his nine Boeing 747 private set for Switzerland

In December 2015, an incident starring the ex-emir of Qatar, Hamad Bin Khalifa Al Thani, exposed to what extent the deployment of Media of a real family. What began with a fall in the mountains of Morocco ended up collapsing the Zurich airport with the arrival of nine Private Boeing 747 In the middle of the night they needed a special permit of the Swiss airport authority to land. This episode, beyond the anecdotal, reveals how protocols and infrastructure that surrounds large fortunes can Mobilize resources on a difficult scale to imagine to The common of mortals. As in THE THEORY OF CHAOSthe effect of a fall in Morocco put a serious squeeze to Swiss air controllers. A real accident in Morocco During the December 2015 vacationsSheikh Hamad Bin Khalifa Al Thani, who was Emir from Qatar since 1995 and father of the country’s current leader, suffered an accident in the Atlas mountains, in Morocco. The 63 -year -old millionaire at that time fractured a leg while enjoying a snow vacation, As reported In your day Morocco World News. However, the severity of the injury that caused the fall led the EMIR personal medical team to recommend its immediate transfer to Switzerland to be operated there. The ex -president was evacuated to a Swiss hospital where he could receive medical attention more advanced and specialized for recovery. The evacuation was carried out aboard one of the Boeing 747 that the Catarí royal family uses as a private jet. The problem is that the emir never travels alone. Eight Boeing 747 more were needed. That is, one delegation formed by nine aircraftif we have the one that transported the former Hamad Bin Khalifa to the Thani. In Zurich they did not believe it As Everything that happens Around the Catarí royal family, the transfer of the former emir was not a simple private flight. Six of the airplanes took away immediately from Doha to Zurich destination, to support the transfer of the president, while the other three remaining were part of the personal entourage of the patriarch of the Al Thani clan. According to public The GuardianZurich-Kloten airport controllers were quickly overwhelmed at the presence of nine aircraft asking to land in the middle of the night due to the medical emergency of their most illustrious passenger. In just a few hours, a total of nine Boeing 747 operated by Qatar Amiri Flight, the family’s exclusive airline Al thani requested to take land at the Swiss airport. The situation was so exceptional That the Swiss authorities had to grant a special permit for airplanes to land outside the allowed schedule, since Zurich-Kloten airport prohibits night air traffic so as not to disturb local residents. The simultaneous arrival of so many private jets for a medical emergency was an unprecedented event in the Swiss city. Obviously, as they counted in Luxurylaunchesthis aerial deployment not only responded to the need to transfer the patient, but to mobilize all his entourage. Among the passengers of the nine Boeing 747 the private medical team of the Sheikh, the family security personnel, personal, family assistants, etc. was traveling etc. Each plane had a specific purpose, from transporting medical equipment to guaranteeing the comfort and safety of all companions of the ex-emir during their stay in Switzerland. The private fleet of the Thani family: more than a luxury Beyond the anecdotal of mobilizing nine aircraft that in their commercial configuration are able to transport 400 people, the private fleet of the family to Thani is part of an infrastructure designed to guarantee the mobility and well -being of its members in any circumstance. These nine Boeing 747 are not simple private jets: inside they have medical suites, private rooms and, in some cases, gyroestabilized hospital beds that keep the patient stable during the flight. The luxury and sophistication level of these aircraft exceeds any usual standard. All this, adorned and splashed with the most exclusive luxuries, which makes these planes authentic flying palaces capable of responding to any emergency or need of the Catarí royal family. In Xataka | A single millionaire spent on his luxury vacation in Mallorca the equivalent of 10,000 tourists: the Emir de Catar In Xataka | Mark Zuckerberg has sent his two supereyates at 8,500 km only for one reason: climb to a helicopter and lower it skiing Image | Wikimedia Commons (Mehmet Mustafa çelik), Flickr (ITU PICTURES, Alan Wilson)

Paradoxes to save the planet from a private jet or a squeeze of 500 million dollars

If we ask you that Bill Gates, Jeff Bezos or Elon Musk have in common, the most immediate (and obvious) answer, it would probably be: “Millions of dollars” Hundreds of billions of dollarsin fact. However, these millionaires also stand out for their contributions, direct or indirect, to sustainability and to stop climate change. However, despite all their efforts to protect the planet, these millionaires cannot avoid falling into a large paradox: fighting climate change mounted on private jets and supereyates that They cross oceans just for your wealthy owners to enjoy a weekend. Jeff Bezos: red carpets, awards and teak A few days ago, Jeff Bezos and his fiancee Lauren Sánchez Balearic waters changed To address the French Costa as a previous scale To his appointment in Venice, where the millionaire and the eventual astronaut will marry from June 24 to 27. The reason for that stop in Cannes’ waters could not be more noble: to go to the gala that the beneficial gala of The Global Gift Gala that organized the Spanish Global Gift Foundation. At that gala, Lauren Sánchez collected the award Global Gift Women Empowerment Awarein recognition of his work at the head of the Bezos Earth Fund. As its name indicates, this is a foundation funded by Jeff Bezos and, its main objective is, literally“Solve the great current problems, such as climate change, food security, forest protection, ocean management.” Once the recognition for such a laudable task, the millionaire couple returned to the 500 million dollars. None of this would attract attention, taking into account that Jeff Bezos is the second greatest fortune in the world according to Forbes. Jeff Bezos Koru Silhouette with the candles deployed However, as Louis Pisano stands out in One of his latest articlesis that the couple gathered recognition of work in the preservation of the environment and the fight against climate change to, immediately, upload board of a superyate in which, according to its manufacturer recognized Given justice, illegal teak wood of Myanmar forests had been used. Beyond the materials used in its construction, a study revealed that, despite being the world’s largest private sailboat and using the force of the wind to navigate, the Koru It uses two 12 -cylinder and 1,468 hp MTU diesel engines. According to data from A studyMade by researchers from the University of Indian His base in Florida and the Destinations in the Caribbean either The Mediterranean. Jeff Bezos’s schooner sees how emissions double Navigate next to Abeonathe support yacht of the Koruthat does not relieve its emissions displaying candles, but depends 100% of its engines. Bill Gates does not feel “part of the problem” Jeff Bezos is not the only millionaire who incurs this paradox. Bill Gates supports from its Bill and Melinda Gates Foundation different projects that fight against global warming and for the preservation of natural habitats. Gates also supports different energy solutions from its companies looking for an alternative to the fossil fuel burning and has financed projects to develop technologies that capture CO2 of the atmosphere to store it underground. However, although the millionaire is dedicating all his fortune To that end, the millionaire is aware of His “guilty pleasure“: A Global Express BD-700 Bombardier who uses as a private jet for his displacements. His personal friend Warren Buffet baptized Gates’s private jet as indefensible, precisely because of the paradox that means using one of the most polluting means of transport for his displacements. Gates has never hidden his preference for private jet and in a Interview with the BBC I declared: “I feel comfortable with the idea that, not only am I not part of the problem when paying compensation, but also through the billions that my innovative energy group is spending, I am part of the solution,” arguing that the help you can provide with your work that the damage they cause with the CO2 emissions of your private jet is more valuable. Elon Musk, sustainable only at ground level With its commitment to the electric car and the use of solar energy, Tesla has made a big difference in the reduction of CO2 traffic emissions in cities. However, you can’t say the same as its CEO, Elon Musk. According to 2023 data collected by account @Elonjetnextday That analyzes the movements of the private planes of Elon Musk, the millionaire emits about 107 tons of CO2 to the atmosphere every week of average. Together, the Elon Musk’s private jet displacements generated 5,159 tons of CO2 a year, compared to the 7.7 tons that, on averageeach inhabitant broadcasts a year. Without yacht or private jet, of course. In Xataka | Sub -Saharan Africa has something that all developed countries yearn: Carbon credits Image | Oceanco, Blue Origin, Flickr (India government, World Bank Photo Collection)

Altman’s plan to attract private investment to OpenAI has stayed halfway. It’s a victory for Elon Musk

Openai has conquered a place at the forefront of artificial intelligence (AI) with products such as Chatgpt and GPT-4O. But there is a detail that escapes in many conversations: It is still a startup. It is several times smaller than Microsoft or Google and faces an existential challenge that does not have so much to do with its products, but with money. That challenge has its own name: its peculiar organizational structure. The openai part that generates income, directed by Sam Altmanis controlled by a non -profit organization. This unconventional model has aroused doubts among investors. Altman proposed to restructure the company to attract more private capital and accelerate the path to a General Artificial Intelligence (AGI). The problem is that this plan has just received a blow. A difficult governance to sell. The Board of Directors has decided to maintain control from the non -profit entity, after opening conversations with the general prosecutors of California and Delaware. These authorities monitor the legal status of organizations of this type and could have blocked change. The announcement has made it public Bret Taylor, president of the Board, In an official statement from OpenAI. A victory for Musk. Elon Musk had sued Openai for that attempt at reorganization. He assured that the company had diverted from its initial purpose of developing a safe and oriented the good of humanity. The decision to preserve the original supervision partially reinforces its argument: the structure remains, at least for the moment. New model, but with the same control. Despite the other way around, Openai maintains another important change. It is expected that its commercial organization will operate as a public benefit corporation (PBC). The difference is that, instead of separating itself from the non -profit organization, it will continue to have the last word. Now they are negotiating how that supervision will be articulated, but everything indicates that it will be the non -profit organization that designates the members of the Board of the New PBC. This could hinder future financing rounds. Because in this OpenAi, which has not managed to transform completely, interest is not measured only into dividends, as investors would like. Outstanding image | Sam Altman (X) + Photoshop | Ted Conference In Xataka | Silicon Valley has an obsession with “Todismo”: they begin by dominating a sector and then wanting to dominate them all

Two workers from Elon Musk in Doge agreed to a private network. The US keeps the secrets of your nuclear arsenal there

In February, one of the most rocambolesque stories was known around Doge, the Government Efficiency Department led by Elon Musk to essence, cut where he can in the administration of the United States Government. Apparently, they fired 350 officials who had to Readmit rapidly. The reason: they were the specialists in the assembly of nuclear eyelets. The story has now taken a more dangerous turn. The access they should never have. I told it a few hours ago exclusively NPR through confidential information access. Apparently, it was revealed that two young employees of that government efficiency department (Doge) created under the orders of Elon Musk, obtained accounts in classified networks With nuclear information highly sensitive. What’s doubt, the news has unleashed a political storm and national security in the United States. Luke Farritor, a former 23 -year -old Spacex fellow, and Adam Ramada, a Angel Investor Without previous experience in armament or intelligence, they appeared for at least two weeks in the directories of the reserved systems of the National Nuclear Safety Administration (NNSA) and the Department of Defense, according to sources with direct access to the networks. From denial to confirmation. The media counted that, although the energy department first denied any link, later admitted that the accounts Yes they were createdalthough they insisted that never They were activated nor used. So, the medium NPR remembers that the mere existence of these accounts, in maximum security environments that normally require a “Q” accreditation (The highest level of authorization of the DOE), has aroused alarm among experts, who interpret it as a sign of the growing and worrying doge penetration in critical areas of the state apparatus. All nuclear information. To understand the importance of the network to which they have had access, let’s think that the systems accessed by these employees are not mere confidential data repositories: these are networks that store and transmit plans for nuclear weapons design, special materials for their manufacture and strategic communications between laboratories, production centers and the pentagon. The first one, the NNSA Enterprise Secure Networkserves to share Restricted data between key actors of nuclear arsenal. The second, Siprnetallows the flow of information classified between the Department of Energy and Defense, including operations that could compromise national security if they were disclosed. Although it appears in the access directories does not equals to directly see classified documents (by the policy of “Need To Know”), experts Consulted by NPR They emphasize that it is the technical “head” that could provide future applications or expand the scope of influence within those platforms. Shadows on transparency. Plus: the incident adds to a series of controversial episodes starred By Doge In other federal agencies. As we count in February, a purge in the NSA directed by Doge (reviring only partially after public pressure) caused the dismissal of dozens of nuclear area employees. Shortly after, an informant denounced that Doge members had accessed internal systems of the National Board of Labor Relations (NLRB), requesting that They will not register their activities and deactivating monitoring tools, in addition to delete access traces. Not just that. One of the income attempts was made from an IP address located in Russia Using credentials created by Doge, which unleashed new suspicions and ignited cybersecurity alerts in several sectors of the government. These movements, added to the recent scandal by the use of signal application On the part of the Secretary of Defense Pete Hegseth to discuss sensitive military operations, they delineate a dangerous informality pattern and reckless management of critical information of the nation. The Doge experiment. Thus, the very existence of Doge, an entity born to “modernize the State” under the tutelage of Musk, begins to be questioned even between related sectorsgiven its opaque growth and the lack of accountability. His model (which combines entrepreneurs, technologists and actors outside the public administration) was sold as a response to the traditional bureaucracy, but it is generating fissures in institutional security and control systems. The case of Farritor and Ramadapeople without experience in intelligence or defense, shows the risks of introducing private operators in the ultrasecreta spheres of the State without proper safeguards. While the Department of Energy avoids giving explanations about why these accounts were created, analysts such as Hans Kristensen, of the Nuclear Information Projectthey warn that even unlacified budgets require delicate technical referencesand that any “ajar door” can have unpredictable consequences. A parallel state. The truth is that, far from being an isolated incident, Doge insertion into nuclear networks reveals a broader and more dangerous trend: the emergence of a administrative power not electedwith access to privileged information, but without clear legal mandate or sufficient democratic supervision. If you want also, it implies that the logic of “technocratic” access overlaps institutional logic, and in that scenario the state becomes a testing ground for Operators with own agendas. The consequences of this reconfiguration are still in development (even overlaps Musk’s output), but the scandal leaves a warning meridianly clear: when the obsession with efficiency eliminates controls, which is gained at speed can cost very expensive, at least, In security. Image | Gage Skidmore In Xataka | Elon Musk fired hundreds of employees and now he has to hire them again: they were experts in nuclear weapons In Xataka | Elon Musk fired 6,000 employees two weeks ago. Now the US faces the massive entry of invasive species

Who are the “private operators” to which the government accuses after the blackout

More than 48 hours have passed from the great blackout suffered by Spain, Portugal and southern France. Speculations during this time were swift, even He thought it was a cyber attack. However, the Spanish Electricity (Ree) grid has reported that the preliminary cause It was a “massive disconnection of electricity generation.” Now, beyond what failed technically, the real unknown is who must assume responsibilities. The appearance. In the press conference of April 29, the President of the Government made it clear that the Executive demands explanations and collaboration both to Red Electric (Redeia) and the “private operators.” According to the countrySánchez has summoned Moncloa to the main actors of the electrical system: the president of Ree, Beatriz Corredor, and representatives of Iberdrola, Endesa, Naturgy, acts energy and EDP. Redeia or Ree? At the press conference, the president mentioned Redeia, but many people have read in the Ree media, what is the difference? To begin with, Spanish Electricity (REE) is the company that is responsible for transporting electricity in high voltage, that is, to bring energy from the centrals generating to large substations. In other words, it would be like the “electric highway” of the country. From Three years agothis company is part of the Redeia group, which is the commercial name that the old Red Electrico Corporation adopted to encompass all its subsidiaries. To be easier to understand: Redeia is the business group and Ree is the subsidiary responsible for operating the electric transport network. Is Ree public? Although many people think that Ree is a public company, in reality the State just control 20% of its actions through the SEPI (State Society of Industrial Participations). The remaining 80% is in private hands, mainly in investment funds. According to eldiario.esthis is one of the reasons for the discomfort of the government: neither private electric nor ree have offered clear information after the blackout, and Ree has not facilitated the Executive access to technical data on what happened. “Private operators.” At a press conference, Sánchez repeatedly repeated the term “private operators”, causing a generalized doubt: Who did he mean exactly? As the difference between Ree and Redeia has clarified, it is clear that “Private operators” They are the big private electric companies: Iberdrola, Endesa, Naturgy, EDP and Act Energía. These companies have a very different role from that of Ree, since they are generated by electricity with their own plants (renewable or not). They also distribute electricity in medium and low voltage, that is, from substations to homes and industries. Here you have to make a small subsection, while Ree manages the high voltage network, these companies are responsible for the final stretch of the electricity trip. Finally, they are responsible for marketing energy through their own associated brands or companies: the light invoice. At this point it should be noted that not all marketers generate electricity, since some such as Holaluz or Podo only buy energy to sell it to the consumer. Easier to understand. Although Ree operates the “Spanish Electric Highway”, it is the private operators that handle the final stretch and much of the production. A slight suspicion. This whole situation is suggesting that the Executive has a suspicion that electrical companies have not been transparent enough, and have not actively collaborated during the first hours of the blackout, According to Cadena Ser. In his statements, President Sánchez has launched a technical criticism of nuclear power plants, wondering why they did not contribute to the recovery of the system, although before collapse they were contributing 10% to the electrical demand, According to Ree data. The president has affirmed that “the nuclear generation was no more resilient than other sources” and that it could even have slowed recovery. As has declared The Nuclear Safety Council (CSN), only two of the seven nuclear reactors were in operation that day; The other five had been stopped by business decision, not being considered competitive against renewables. Although the government has not said it directly, Criticism is evident: were the electricity prepared for an emergency? They haven’t taken to answer. According to RTVEIberdrola has assured that all its centrals worked properly and that REE indications followed during the blackout. On the other hand, as explained by the confidential, the companies promised to collaborate with the Government, although none has so far offered a complete explanation about what failed. And now? The Government has announced the creation of an internal investigation commission and has asked the European Commission for an independent audit, According to the newspaper. While trying to clarify what exactly failed, the blackout has not only tested the electrical system, but also the relations between the government, REE and private operators. The political, economic and legal battle as soon as it begins. Image | Pexels and La Moncloa Xataka | We have a term for such unlikely events that are difficult to imagine: black swans. This blackout is a candidate to be

Latin millionaires set their residence in Madrid. Private bench has begun to open branches only for them

All cities of a certain size have certain neighborhoods in which the Density of wealthy people exceeds the average. In the case of Madrid that neighborhood has traditionally been the Salamanca neighborhood, and the type of housing that, by surface and qualities, in it, in it, is witnessing it, in it It has been built. That real estate valuehe has turned the central Madrid neighborhood into the new destination for the Latin American millionairesto those who do not tremble their pulse for Pay up to 13,000 the square meter for a second residence on this side of the Atlantic. Before the rise of these new neighbors in the neighborhood, the response of the bank has not been waiting. BBVA has announced The opening of a new exclusive office on Goya Street in Madrid only for Latin Millionaires. The requirements for you to meet: a minimum capital of 500,000 euros and economic interests on both sides of the ocean. The Spain of the two benches While in the rest of Spain the banks close physical branches (only in 2024, the Santander announced the closure of 200 offices) and mails must take care of giving coverage of Effective to Spain emptiedin the Wealthy neighborhoods in Madrid The trend is just the opposite. Financial entities have identified the potential of this capital flow and have opted to open specialized offices, such as the new BBVA private bank branch in the heart of the Salamanca neighborhood. Where if not. This office, the first of its kind in Spain, is designed exclusively to serve Latin American clients with high assets. As I pointed out The Economic newspaper Fifodiesthe branch manages a base of 583 clients, whose joint assets amounts to 440 million euros. The objective of this new “luxury” branch is to offer a personalized service to those who have investments and assets On both sides of the Atlanticfacilitating the management of its wealth in a global and coordinated way by focusing on both European and Latin Americans. To access this private banking service, customers must have a minimum financial assets of 500,000 euros. In addition, there are differentiated services for those who have between 500,000 and two million euros, and for ultra -ups with more than 10 million. At the global level, the BBVA Private Banking Division manages assets valued at about 140,000 million euros. The best bankers: yes, those of Madrid At the Goya BBVA Private Banking Office, he serves a team of five bankers specialized in managing assets in Mexico, Colombia or Peru markets. Each of these bankers makes periodic trips to their assigned country to maintain direct contact with customers and understand their specific needs. That is to say, They are the ones who queue To talk to your customers. Karma. According to statements by Fernando Ruiz, director of private banking of the entity in Spain, published in InvertiaThe average international client profile that is attended from this branch has an average heritage of 800,000 euros. By nationalities, 50% are Colombians; 30% Mexicans and the remaining 20% ​​are Peruvians. Beyond traditional financial management, BBVA offers a range of extrafinancial services specifically designed for this high purchasing power client profile. Do not think about the latest generation televisions, televisions or mobiles. As confirmed by the bankers themselves Fifodieswe talk about exclusive experiences, such as entries for Real Madrid parties or the mutual Open Madrid, private visits to museums such as Prado and Thyssen, and training courses on the transmission of family heritage. Although this personalized attention model is anecdotal in Spain, it already works successfully in enclaves with High concentration of millionaire populationlike Zurich and Miami. If the Salamanca neighborhood office works, perhaps this model could extend to Other areas of Spain who also host great Latin American fortunes, such as Galicia, Barcelona or the Costa del Sol. In Xataka | If you have money, you have nationality: how the billionaires have fond of “gold passports” Image | BBVA, UNSPLASH (Jorge Fernández Salas)

The great drama of private employment in Spain: almost everyone would sacrifice him for being an official

The data reveals the Last study ‘Status of discomfort: the labor turn to the public sector ‘prepared by Oppositatest leaves a photograph of the current state of the employment of the private sector in Spain: seven out of ten Spaniards would leave a stable job in the private sector for a fixed position in the public sector. Public employment is gaining land as the preferred option in an increasingly challenging labor market. The Stability searchbetter working conditions and a more favorable environment for reconcile personal and professional life It is promoting this transition to the private sector. Public employment: a refuge value. The portal dedicated to the formation of opponents conducts an annual study of the situation of the opponent. On this occasion, the report has been based on 2,000 representative interviews at the national level that show that the public sector is consolidated as the labor alternative preferred by the Spaniards. 68% of men and 72% of women would abandon stable job in the private sector to access a place in the public sector. Details about this decision reveal that 30% of public sector employees have had more than ten contracts in the private sector in their working life before presenting an opposition, compared to 15% of private sector workers. The data on working life in the sector could be an indicative that the public sector has become a refuge value against the excesses suffered for those employees during their stage in the private sector. In Xataka Some researchers have analyzed the working day in Spain: the same thing that 40 years ago is worked, but in worse jobs An increasingly attractive option. According to the study, one in two Spaniards considers that today opposing is a more attractive job option than it was a decade ago, evidencing a significant change in the perception of the public sector against the private. This statement takes on special strength in the age strip of between 18 and 24 years with 54% who thinks and between 25 and 34 years with 52%. In addition, this trend is more marked in some autonomous communities. In the Basque Country and Murcia, about 80% of workers would be willing to change the public sector, while in Madrid this figure descends to 57%. This regional contrast reflects differences, economic, labor and social that influence the perception of public and private employment. The key: salaries. The stability offered by public employment is one of the key factors that drives this preference. The data suggest that 44% of Spaniards would change the public sector Looking for better salariesespecially those of the age strip between 25 and 34 years, which amounts to 46%. The data support them, since according to A report From the Bank of Spain, salaries in the public sector exceed 24.97% to those of the private sector, exceeding the European average that marks an 8% gap between the salaries of the public and private sector. In addition, according to data from the Active Population Surveyfour out of ten Spaniards do not charge the overtime worked, which deepens the problem. In Xataka A painful comparison: what a computer engineer charges in Spain against what their counterparts in Europe charge Conciliation and job stability. Another factors that are subtracting competitiveness from the private sector in front of the public sector are labor conciliation and stability measures. 89% of respondents affirm that the public sector offers better labor conciliation measures and reduction of working hours, in which a progressive hardening of return policies to the office and Reduction of teleworking options. In addition, 40% of young people aged 18 to 24 see in the public sector a labor guarantee that It would allow them to become independent With stability that they have not found in the private sector, while 37% suggest that the public sector allows them to consider a family. On the other hand, 50% of the strip of between 44 and 55 years highlights its preference for the public sector as a way to access better retirement that would obtain it in the private sector, due to higher salary bases. {“Videid”: “X919SE0”, “Autoplay”: False, “Title”: “The AI ​​and the future of our work Silvia Rivela | 100 years, 100 visions Ep.3”, “Tag”: “”, “Duration”: “2630”} A touch of alert to the private sector. The public sector has accelerated its Post of call for new places public in forecast of the Aging of its template of officials, that He will retire at a rate of 100,000 officials a year in the next ten years. With this massive demand, the private sector runs the risk of lose the best talent for not offering adequate working and salary conditions to offer greater stability. With this scenario, structural change is not only an option, but a need to balance forces and build a more sustainable and competitive labor market in the future. In Xataka | The public sector as a refuge for employees undervalued by private companies: 45% of opponents already have a job In Xataka | The four -day week is unfeasible for many companies. An alternative: work less hours, no less days Image | Pickpik (Function () {Window._js_modules = Window._js_modules || {}; var headelement = document.getelegsbytagname (‘head’) (0); if (_js_modules.instagram) {var instagramscript = Document.Createlement (‘script’); }}) (); – The news The great drama of private employment in Spain: almost everyone would sacrifice him for being an official It was originally posted in Xataka by Rubén Andrés .

Meteorological forecasts are a private preserve. A new AI model wants to democratize the prediction of time

A group of researchers has just raised a most striking option: democratize meteorology. Your new weather prediction system challenges traditional systems, very expensive in computational resourcesand make use of AI so that (almost) any of us can become a meteorologist who performs his own personalized predictions. Aardvark Weather. This is the name of a new system of weather predictions that according to those responsible will make any researcher with a desktop PC in a full -fledged meteorologist. The system makes use of AI algorithms and raises an alternative to the conventional systems they use thousands of times more computing capacity. Homemade predictions. The normal thing is that a weather forecast platform takes several hours to process a prognosis. For this, it also needs supercomputers and a team of experts who develop, maintain and display those forecast systems. Aardvark Weather allows you to train an AI model with data from Meteorological stationssatellites, ships or airplanes worldwide and then make predictions based on that data. The investigation. The study Published in Nature this week comes from a group of researchers from the University of Cambridge, the Alan Turing Institute, Microsoft Research and the European Center for Medium-Russian Weather Forecasts (ECMWF). In it they explain how the numerical weather prediction (NWP) is being replaced For automatic learning and neuronal networks that allow “improving the speed and precision” of the prediction. Hyperlocalized forecasts. Among other things the system would allow to offer hyperlocalized forecasts and adapted to specific industries. Richard Turner, automatic learning professor at the University of Cambridge, explained In The Guardian how this model could be used to predict temperatures for agricultural crops in areas of Africa or The wind speeds For a renewable energy company in Europe. The time in the next eight days. Turner adds that the model could be able to generate precise forecasts for a range of up to eight days in the future, when it is normal for precise forecasts to only be guaranteed to five days. Rapid. This system is capable of generating a complete forecast from observational data in a second when processing it in four NVIDIA A100 GPUS, when 1,000 hours-nodo is normally taken in the HRES model of the ECMWF. Ideal for developing countries. There are regions in which these types of forecasts are especially important, and having a “personalized” system would be very useful. Aardvark Weather offers that option according to its creators, because both its implementation and its use is much more accessible. Previous attempts. At the end of 2023 Deepmind precisely Graphcast announceda meteorological prediction system based on AI that had an operation up to 1,000 times cheaper in energy consumption. Its precision was in fact greater than the best of current systems, but it does not seem that development has been implemented in practice. A few months ago Deepmind researchers presented their evolution, called Gencastanother prediction based on automatic learning that improved its predecessor and that of course competes with Aardvark Weather. Everything therefore points to this type of systems are gaining ground and interest, but remains to be seen if they apply massively. Image | Brian McGowan In Xataka | Meteorological prediction will improve a lot in Spain: Aemet has invested 25 million euros in it

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