runs

claims its new humanoid robot runs like an elite athlete

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For years, when we think about humanoid robots, the image that usually comes to mind is that of machines capable of making impossible jumps or executing perfectly measured stuntslike those popularized by Boston Dynamics with Atlas. At the opposite extreme are designs oriented toward repetitive tasks and controlled environments, like Tesla’s Optimus. Between both imaginaries there is an obvious gap: it is difficult to visualize a robot as an athlete. However, that frontier is beginning to move with proposals that no longer only seek balance or skill, but also performance typical of human athletics. ‘Bolt’, the athlete robot. We are talking about the new humanoid presented by the Chinese company MirrorMe Technology, which claims to have reached a maximum speed of 10 meters per second during tests in real conditions. The company maintains that this is the first time that a full-size robot has achieved that record outside of a laboratory, a milestone that, if confirmed, would shift the conversation from controlled demonstration to performance in environments closer to the physical world. To place the magnitude of the data as a historical reference, Usain Bolt clocked 9.58 seconds in the 100 meters during the 2009 World Cup in Berlin, a mark that at that time defined the ceiling of sprint athletics. Real running. Achieving high speeds in a humanoid requires solving one of the biggest challenges in bipedal robotics: maintaining dynamic balance while the body endures repeated impacts and constant changes of support. In humans, this coordination between perception, motor control and response occurs almost automatically, but in a machine it requires redesigning joints, optimizing energy delivery and fine-tuning stability in real time. MirrorMe maintains that the Bolt incorporates new joint configurations and a power system optimized to approximate human movement patterns. A job that started years ago. The company had already attracted attention with Black Panther IIa research-oriented robot that traveled 100 meters in 13.17 seconds during a television broadcast in China. In that same demonstration its top speed was around 9.7 meters per second. Bolt thus appears as the next logical step in that search for ever-increasing physical performance. Robots as athletes. Bolt’s advance also fits into a broader context in which China is exploring the athletic dimension of humanoid robotics. Public demonstrations of robots have appeared in recent years capable of fighting in disciplines such as kickboxingdeveloped by companies such as Unitree Robotics, in addition to viral tournaments that serve as a showcase to measure agility, balance and coordination. This ecosystem suggests that physical performance is beginning to become a relevant metric beyond pure research. The future. Beyond the record that the company says it has achieved, MirrorMe imagines specific applications for this type of high-performance humanoids. Among them, he mentions the possibility of them acting as training partners for human athletes, an idea that points both to professional sports and to research in biomechanics and movement. However, as with many announcements in advanced robotics, the true scope will depend on sustained testing over time and real-world usage scenarios. Images | MirrorMe In Xataka | OpenAI going from 70% share to 46% is the symptom of something more worrying: they have entered panic mode

‘Avatar 3’ is going to be a movie so disproportionately expensive that it runs the risk of destroying and losing money

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‘Avatar: Fire and Ash’ is already, as has happened with all previous installments of the franchise, one of the most anticipated films of the year. Each new installment breaks box office records, and yet James Cameron’s statements are more pessimistic each year about the continuity of the series. Are you sure that ‘Avatar’ is as good a deal as it seems? We snooped into his finances. The paradox. ‘Avatar: Fire and Ashes’ arrives wrapped in an economic paradox: its production budget exceeds 400 million dollarsa figure that places it among the most expensive films ever filmed. And yet, its own director is not clear if the business is worth it. Cameron has been unusually frank about his franchise’s finances and he put the question bluntly: “Will we make money on Avatar 3? Surely some. But the real question is what kind of profit margin there will be, if any, and whether that will be enough of an incentive to continue in this universe.” The wild mathematics of break-even. The arithmetic of ‘Fire and Ashes’ defies standard Hollywood logic. With 400 million in production expenses and a marketing budget that analysts place between 100 and 175 million, it would need to exceed $1 billion at the box office simply to break even or break evenaccording to the more or less assumed industry rule that a film must gross 2.5 times its production budget to be profitable. The case of ‘The sense of water’. The previous installment of ‘Avatar’ gives us some previous lessons on the subject. The sequel cost more than $1 billion in total costs: $400 million in production, another $400 in global marketing, $300 million in shares for Cameron and producer Jon Landau, plus cast salaries, residuals and general expenses. Cameron was not exaggerating when declared that ‘Avatar 2’ was “the worst business case in the history of cinema” and that it needed to become “the third or fourth highest-grossing film of all time” simply to not lose money. The film fulfilled that apocalyptic objective: raised 2,320 million and finally generated 531.7 million net profit. But that deceptively solid figure hides a crucial detail: The studios do not receive all the money from the box office. Movie theaters take approximately 50% of US domestic revenue, 40% from international markets, and up to 75% in China. That is, of those 2.32 billion, Disney actually received just over 1 billion. The rest stayed at the box office. The crisis of inflated budgets. ‘Avatar’ is one of the most visible symptoms of a disease that affects all of Hollywood. The industry has a systemic problem of out-of-control budgets, which affects such well-known films as ‘Star Wars: The Rise of Skywalker‘ ($490 million), ‘Jurassic World: Dominion’ (584 million) or ‘Mission: Impossible – Deadly Sentence: Part One’ (400 million). A analysis of the causes It leads us to multiple factors that explain this phenomenon: inflation has increased the value of the dollar by 15% since 2020, making all aspects of production more expensive. But in addition, streaming platforms altered the economy of stars, accustoming them to higher initial charges, demands that they later transfer to traditional productions. And there is also a visual effects arms race: franchises like superheroes try to surpass each other in spectacularity, and infect the rest of the blockbusters. For this reason they are films that “might not make money even with objectively decent box offices.” The unique case of ‘Avatar’. James Cameron invests in developing pioneering technology that then benefits the entire industry: the underwater motion capture that Cameron and Weta FX took a year and a half to perfect for ‘The Sense of Water’, now reduce costs for the sequels being already invented. But the budget escalation is relentless: ‘Avatar’ cost between 237-280 million, ‘Avatar 2’ between 350-460 million and ‘Avatar 3’ exceeds 400 million. The franchise is a guarantee of box office success, but the profit margins are worryingly narrow. In Xataka | Cameron’s ‘Titanic’ was going to be a flop. Until a trailer that broke several Hollywood rules changed the narrative

As Japan runs out of children, it’s starting to adopt some ceremonies for one group on the rise: dogs

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Does a few weeks Miki Toguchi, a 51-year-old Japanese woman, went to a temple in Tokyo so that little Kotora could participate in the Shichi-Go-Sanan ancient Shinto ritual during which we thank children for their birthdays and pray for their protection. The ceremony is usually performed by young people aged seven, five and three, which is why it is often called that: ‘7-5-3’. Kotora is now five years old, hence Toguchi’s determination to have him blessed. The funny thing is that Kotora is not a child. Not a girl. It’s a schanuzer miniature that upon arriving at the Tokyo sanctuary for the ‘7-5-3’ ritual, he met other poodles, pomeranians, chihuahuas, bichons… Together represent better than any statistics demographic drift from Japan. A different ‘7-5-3’ ritual. The story of Kotora (and others like it) has just been told The New York Times in an article in which he reveals how in the sanctuary Ichigaya Kamegaoka (Tokyo) dogs are slowly replacing humans in the Shichi-Go-Sana ceremony designed for children. The origins of the ritual date back to Heian period (794-1185 AD), a period with a high infant mortality rate, which explains why the country’s aristocrats celebrated when their children reached three, five and seven years of age. Parents came to the shrines with their little ones, showed gratitude and prayed that their offspring would enjoy long, prosperous and healthy lives. From children to dogs. The ‘7-5-3’ has maintained its spirit for generations, but as Japan ran out of babies Shrines like Ichigaya Kamegaok have had to make a living. The country may have fewer and fewer children, but their homes they have been filling of dogs and cats, so dozens of temples throughout Japan have chosen to adapt the ritual to animals. The idea is the same: the little ones are blessed, thanks are given for their lives and protection is prayed for… although in this case the little ones are not children, but poodles, Pomeranians, Chihuahuas, bichons or Akitas (among many other species), dogs that often appear before the priests with kimonos and amulets. For reference, TNYT remember that the Tokyo temple receives seven times more pets than infants every fall: about 50 children compared to 350 animals. “Obsolete shrines”. Kenji Kaji is a priest at Ichigaya Kamegaoka Temple and explains that he has had to tweak some sentences to fit the pets. It may not be an orthodox practice, but he himself acknowledges that there is a less attractive scenario: “The worst thing would be if both Shintoism and the shrines became obsolete.” So pray that families and their furry friends enjoy “happy” lives. For the ceremony they ask 5,000 yen ($32). In cases like Kotora, the temples have found two things: a new source of income and a way for young people to get closer to tradition. “People have gone from having children to having pets,” Toguchi confesses.. She doesn’t have children, but she wants her pet to participate in ‘7-5-3’. It is not an isolated case. Looking back. In 2023 Reuters spoke already from an ancient temple located 35 km from Tokyo, the Zama sanctuary, which had a special prayer area designed for pets and their families to participate in the Shichi-Go-San. At the time, Natsumi Aoki, a 33-year-old woman who had blessed her Pomeranians, lamented that there were not enough pet-friendly sanctuaries in Japan. Today The New York Times assures that in the country there are already “dozens” of sanctuaries willing to say prayers for dogs. Much more than a ceremony. That the ‘7-5-3’ is opening up to pets and there are temples in which more rituals are already celebrated for more dogs than children is more than a simple anecdote. It is a symptom of the social changes that Japan is facing, mired in a deep population crisis from which it cannot escape. In 2024 the country registered 686,061 birthsa disastrous fact for two big reasons. The first is that it marks a new historical low. Never since records began in 1899 has Japan received fewer babies. The second is that this rate of births was far below the rate of deaths. Last year they died in Japan about 1.6 million peopleso for every baby born, two deaths were recorded. The result is a vegetative balance in the red that cost the country the greatest population loss since at least the late 1960s, which is when records began. Fewer babies, but no pets. During the pandemic the country saw how they increased cats and dogs in homes, although at the beginning of 2024 the Japan Pet Food Association detected that this increase was slowing down. That does not mean that pets have become a business of millionaire with growth forecast. Images | Rosewoman (Flickr), Japanexperterna (Flickr), Radim Jaksik (Unsplash) In Xataka | Japan has been mired in a demographic catastrophe for years. Now you know the price to get out of it: foreign babies

loads the dishwasher, runs washing machines and even folds the clothes

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The robot that takes care of all household chores is no longer just in science fiction movies. The Figure 03 is capable of doing complex tasks such as load the dishwasher, put on washing machines and even fold clothes. And most importantly: its creators are determined to mass produce it. Figure 03: The ultimate robotic butler Figure continues to improve its humanoid robots for the home and the Figure 03 is its most powerful bet to date. They have made it lighter (61kg, compared to 70kg for the previous model) so that it can be maneuvered more easily around the house. They have also changed their finishes and now instead of hard pieces, they have parts covered in foam and soft fabric. It has an autonomy of 5 hours and can move at a speed of up to 1.2 meters per second. What’s impressive is how much it can do. In a video of more than six minutes, Figure shows off all the capabilities of his new robot. In it we see how the robot cleans up the living room, takes the dirty dishes to the dishwasher, puts on the washing machine, then the dryer and He even folds the clothes. Of course, he doesn’t fold the t-shirts very well and we haven’t seen him hanging the clothes or ironing either, two of the most tedious household tasks. It seems there is still room for improvement. Figure 03’s brain helix is the brand’s AI model that combines vision, language and action. This system allows you to learn new tasks simply by observing humans, that is, it is not programmed to do a certain series of actions, but rather We can teach you new things. To do this, it has a system of sensors, cameras and microphones that allow it to receive orders, observe and replicate actions with precision. One of the new features of this new version is that has chambers in his hands to improve grip on objects, even if its main cameras (in the head) are hidden, for example when reaching into the dishwasher to put down a plate. The touch sensors have also been improved and it is capable of making grips with just 3 grams of pressure. Designed for mass production Figure is determined to fill the houses with robots and Figure 03 is designed for mass production. To achieve this, the company has designed a new supply chain and even has built a factory in California where this model will be manufactured. The company claims to have been an entire year designing a new supply chain with partners worldwide to ensure a constant flow of parts and materials. In addition, they rely on mass manufacturing methods, such as injection molding and pressure casting. They have also taken into account the ease of assembly to optimize time on the production line. The goal of Figure is for the production line to be capable of manufacture 12,000 robots the first year, but they hope that in the future it will grow and reach 100,000 robots in the next four years. What they have not said is what we are all wondering, and that is how much one of these domestic robots will cost, a key point for that massive revolution that they promise from Figure. Images | figure In Xataka | “Humanoid robberies are a fantasy”: iRobot co-founder believes there is a robotics bubble

Five years ago he worked from his bathroom on the brink of ruin. Today he runs a company valued at 8 billion

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The story of Shayne Coplan and Polymarket is one of those striking cases that you like to see in the past. And the founder of this company practically started from bankruptcy in a makeshift bathroom as an office to close a $2 billion investment on the New York Stock Exchange. Now, the prediction markets platform that he founded in 2020 has just reached a valuation of $8 billion after the agreement with Intercontinental Exchange (ICE), owner of the NYSE. The takeoff. Coplan’s situation in 2020 was not exactly an example of the American dream. Just like shared a while ago In a publication in X, he was seen working from a bathroom converted into an office, with hardly any money and alone in charge of the project. Five years later, its platform has become the largest prediction market in the world, where users bet on the results of real events, from elections to sports or culture. Wall Street’s bet. ICE has announced an investment of up to $2 billion in cash in Polymarket, valuing the company at approximately $8 billion before the capital injection. The agreement turns ICE into a global distributor from Polymarket data, which will provide sentiment indicators on topics relevant to financial markets. Additionally, both companies will collaborate on tokenization initiatives that combine traditional financial markets with blockchain technology. How the model works. Polymarket allows users to express their opinions by buying and selling shares on possible event outcomes. Each operation is executed peer-to-peer using smart contracts. Markets grow with the number of participants, and prices reflect the perceived probability of each outcome occurring. The platform gained notoriety for the accuracy of their predictions during the 2024 US presidential electionwhere he managed billions in bets. roller coaster. Polymarket’s trajectory has not been linear. In 2022, federal regulators forced the platform to block US users after an agreement with the Commodity Futures Trading Commission (CFTC). The company operated from abroad for three years. This year, Polymarket bought QCEXa CFTC-licensed derivatives exchange, to return to the US market. The operation came weeks after prosecutors closed an investigation into whether the company had allowed access to American users despite the ban. Return at the perfect time. The changing regulatory climate under the Trump administration has favored emerging sectors such as event contracts and cryptocurrencies. Polymarket received an undisclosed investment in August from 1789 Capital, a firm endorsed by Donald Trump Jr., who later joined the company’s advisory board. What’s coming now. Jeffrey Sprecher, CEO of ICE, admits proudly that the investment combines an institution founded in 1792 (the NYSE), with a company that “is revolutionizing decentralized finance.” For Coplan, the agreement marks the entry of prediction markets into the traditional financial system. It remains to be seen whether these markets can maintain their growth and become truly useful tools for institutional investors. For now, ICE has bet heavily on the response being positive. Cover image | Shayne Coplan and Matthew Reeves (BFA) In Xataka | There is a worrying symptom in the technological economy: Silicon Valley prefers to buy itself rather than invest in the future

Spain finally runs out of the Broadcom chips factory. This US company has broken with the government

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At the beginning of July 2023 Charlie Kawwas, the president of the Broadcom subsidiary specialized in the manufacture of semiconductors, announced that your company had reached an agreement with the Government of Spain to build An advanced integrated circuit factory on Spanish soil. Its budget touched the 1,000 million dollars (about 850 million euros), and although it never became completed its location for several months a filtration anticipated that this plant would stay in Zaragoza. According to Kawwas, these facilities were going to be specialized in Substrate manufacturing And they would help this American company reinforce its position in the semiconductor production market. For Spain, the construction of this factory was great news because it would place the country on the European map of The production of advanced substrates. And, in addition, presumably would generate high qualification jobs and develop the technological ecosystem of the area in which it finally be installed. Unfortunately this project will not come to fruition. Broadcom has back According to the Europa Press agencyBroadcom will finally not build its factory in Spain. The negotiation that this company maintained and the Spanish government has been broken, apparently. At the moment it has not transcended the reason why this project will not prosper, but according to Europa Press Donald Trump’s return To the White House has been able to exercise as a death sentence in a context in which the commercial relationship between the US and Europe goes through a very complicated moment. “That collapsed by Trump. It was a very interesting operation and in the end he did not curdle,” In fact, the arrival of Trump ended another project in which the Spanish government intended to invest 400 million euros to establish a company joint with an American company. Its purpose was also to build a chips manufacturing plant. “That collapsed by Trump. It was a very interesting operation and in the end it did not curdle. Right now there is a feeling that US companies are very restricted when investing in Europe, ” has declared One of the sources of Europa Press. It makes sense. The administration led by Trump pursues reinforce your local semiconductor industryso it is perfectly credible to be zancadilleando the plans of US companies that plan to invest outside the US. On the other hand, the construction of a avant -garde semiconductor manufacturing plant usually costs Between 20,000 and 30,000 million eurosso it is evident that the factory that Broadcom was going to be tuned in Spain was not going to be at all toe. Even so, it is a pity that this project has been frustrated. Image | Chris Hsia More information | Europa Press In Xataka | Chips manufacturers are coming from pearls to attract them. These are your reasons to come

The US has started evaluating the risks that runs if you attack Iran. What worries you most is a fearsome bomb: yours

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While the United States, in Trump’s figure, leafless the Margarita on a possible intervention American military against Iran, several scenarios open, all uncertain, and a technical, strategic and symbolic obstacle: the difficulty of destroying The ForDow Uranium Enrichment Center, a underground installation excavated deep in a mountain. In fact and, as we will see, Washington’s main concern at this time is a bomb … yours. Weigh the risks. He Financial Times and the Washington Post have published two reports on that moment of Impasse that is lived in the administration. While Trump holds intense meetings in the White House crisis room to decide if the United States joins the Israeli offensive against Iran, US intelligence and defense services draw an exhaustive map of possible reprisals that Tehran could trigger. Among the explicit warnings of the Iranian supreme leader, Ali Jamenei (who has threatened to cause “irreparable damage” if Washington intervenes), and the strategic memory of previous cycles Of climbing, the White House faces a decision that could mark the turning point In the conflict. Iranian response options cover A broad spectrum: Direct attacks against American troops or embassies in the Middle East, cybernetic sabotages, terrorist attacks, undercover actions through allied militias such as Hezbollah or hutis, and, perhaps the most serious from the economic point of view, the Ormuz Strait closurewhere a third of the world’s maritime oil travels. The dilemma of deterrence. The United States currently maintains some 40,000 military troops deployed in the region, with eight permanent bases in countries such as Bahrain, Kuwait, Catar and Arab Emirates, in addition to operational presence in other eleven key enclaves, including Iraq, Syria, Jordan and Oman. The Udeid Air Base in Catar, headquarters of the American central command, houses 10,000 soldiersand other facilities such as the Bahrain Naval Base or the infrastructure in Kuwait house tens of thousands more. Although all have aerial defenses, their geographical proximity with Iran makes them Vulnerable objectives Before a ballistic or cruise missile attack, drones or even irregular command incursions. Iran has a significant arsenal of unmanned projectiles and aerial vehicles, many of them of their own manufacture or adaptations of Russian and North Korean models, and although their response would not be immediate, the internal debate in Tehran about when and how to answer It could be intensified If Washington actively participates in the campaign. The threat of the Strait. He Ormuz narrowneuralgic point of global hydrocarbons trade, represents a Strategic risk first order. Iran has demonstrated in the past (as in 2019when it managed to temporarily paralyze 50% of Saudi production through a combined missile and drone attack) that can seriously affect the world energy market. If you choose to undermine the strait, use fast boats, submarines or coastal batteries to block the passage, the impact on oil prices It would be immediate and global. It happens that they will also It depends on the Strait For its own crude oil exports, which introduces a structural contradiction: damage ormuz would harm both their enemies and itself. Even so, like They point out analysts From the pentagon, deterrence based on mutual vulnerability does not guarantee containment if the survival of the regime is at stake. The precedent of hutis in the red seawhich have managed to interrupt maritime traffic despite weeks of US bombings, demonstrates the effectiveness of sustained asymmetric tactics even under constant military pressure. The mystery of a bomb. And here we reach the main theme from the perspective of the possible attack of the United States. In the heart of deliberations about this possible military intervention against Iran is the difficulty of destroying the center of Uranium enrichment of Fordow, that underground installation excavated deep in a mountain. He counted exclusive The Guardian that Trump has already been informed that the use of the GBU-57 pump could, in theory, Inspore fordow During a limited period of time, but according to sources close to the conversations, the president is not convinced of his effectiveness and has conditioned any authorization to attack the guarantee that the objective can be eliminated definitively. B-52 launching a MOP during the tests, 2009 Reasonable doubt. Doubts feed not only for the tactical complexity of the operation, but also of the evaluation of the Department of Defense: several experts They have warned Not even a GBU-57 pump battery would be enough to completely destroy Fordow, and that only A tactical nuclear weapon I could achieve it with certainty. In this regard, the British newspaper stressed that the option, however, has not been considered Formally and was ruled out in the meetings held between Trump, Defense Secretary Pete Hegesh and the head of the Joint Chiefs, General Dan Caine. GBU-57 limitations. It We count this week. It is a 13.6 tons pump capable of penetrate underground structures reinforced, the same one that has been the center of multiple debates in the Pentagon since the beginning of Trump’s mandate. The Defense Threat Reduction Agency (DRA), responsible for testing and analyzing this kind of weapons, has pointed out that Fordow, about 80 meters underground, is beyond the operational reach of this ammunition without a PREVIOUS PREPARATION OPERATION that includes the destruction of aerial defenses, elimination of GPS interference and a possible saturation attack with conventional weapons to weaken the land. Even so, even under optimal conditions, the impact of a GBU-57 pump It could be limited to collapsing tunnels, sealing accesses and burying machinery under debris, but not to completely dismantle Iran’s nuclear capacity. The bomb, in addition, has never been used Under real conditions against an installation such as Fordow, which adds technical uncertainty to the already high political risk of initiating an open conflict. Absolute success or deterrence. The Guardian explained That for some high controls, the real problem is not the bomb itself, but the expectation of a “One and Done (unique and decisive attack) that does not conform to operational reality. The retired general Randy Manner, former Draw director, He warned that ForDow could be … Read more

Spain looked at Chinese cars as a salvation table. In the commercial war, the risk of dying drowning runs

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“Spain is in favor of more balanced relations between the EU and China,” with these words Pedro Sánchez, president of the Government, has defended his approach to China before the commercial war that is being freed and during the same. And the automobile sector has a lot to do. “Essential partner”. With those words Pedro Sánchez has defined the relationship that China should have with the European Union. The words have pronounced them during their meeting with Xi Jinping, president of the country. The Spanish is in a round of visits by Asia in which he is stopping in China and Vietnam. Both countries have been severely punished by the United States. China still maintains 125% tariff Despite the 90 -day truce that Donald Trump has granted. Vietnam had been punished with some 46% tariffs. The importance of words. This “essential partner” is not accidental and shows Spain’s approach to China in full tension for the commercial war that are pounding the United States and the Asian country. In fact, the words of the words of the European Union is unmarked as “partner, competitor and systemic rival”, collected by The country. Sanchez needs to play with tact with his statements. Only a few days ago, Scott Besent, secretary of the United States Treasury, said that “I am not sure if it was the prime minister or the Minister of Economy of Spain, who made some comments this morning: ‘Maybe we should align more with China.’ That would be to cut off the neck”, in words collected by The confidential. Xi Jinping, meanwhile, thanked Sánchez for the “firm will” to maintain good relations between the two countries, emphasizing that it is the third time that the president of the Spanish Government visits the Asian country, they point out in The world. The equilibrium game. Spain has encountered the most uncomfortable view at the right time. With the agenda already scheduled, it was seen if the president of the Government would be willing to go to China in the middle of the commercial tension with the United States. The single presence is seen as a Spanish approach to the Chinese side and, of course, It is unmarked from European politics that bets to get wet as little as possible. However, Spain has a good number of Chinese investments in our country. The commercial balance between the two countries It is still very unbalanced In favor of China (we import goods worth 45,174 million euros and export there products worth 7,467 million euros) but China has the key in key sectors. Putting the carpet. Without a doubt, one of the sectors in which Spain wants to influence is the car. China is disembarking in Europe. His commercial war with the United States will force him to disembark in greater force in Europe and Spain is a perfect gateway. With the fees to the electric car, the plug -in hybrids and the Chinese low ranges vehicles have A huge opportunity in countries like Spanish where “electricity” is not so developed. All their companies need to open markets outside China to seek profitability. If the perspectives are maintained, byd will be in 2025 One of the five greatest manufacturers of the world. Given this situation, Spain is clear that it wants to be a very important part of Chinese landing in Europe. The automobile sector is essential for Spain. Not only in its factories, you have to add ports that receive cars, distributors and a Powerful auxiliary and component industry. It is better for us. The biggest problem facing Spain is that it is best to open to China if you want to open your business routes in the automobile sector. When the tariffs of Chinese electric car were voted for the first time, Spain was favorable. A visit to China and a threat of attacking the Spanish pig directly (whose exports to China are key) He changed the Executive idea. But, in addition, other threats float in the air. In Europe, France or Italy remained firm in their favorable vote to tariffs on Chinese electric cars. Then, China ordered to stop investments In those countries and since then we have not had news of new approaches. At the moment, Spain has Chinese investments in different ports To receive and start distributing cars that arrive from Asia, the investment of Chery in Barcelonathe agreement between Catl and Stellantis For a battery plant in Aragon or the Extremadura projects to produce batteries for electric cars. But there are certain problems. In a first reading, it seems clear that if Spain has the opportunity to continue expanding its Chinese investments in the automobile sector to be key in the European car of the future and if you have a threat to its head of withdrawing investments or torpedoing trade between the two countries, the approach to China seems completely logical. The problem is to pull the rope tense, irremediably, on the other. The United States has already warned Spain that its position is not correct and some sectors are (obviously) worried. The direct impact In the automobile industry it is not too high but, for example, shipments to the United States of olive oil They have shot under the threat of tariffs. What can we expect? Given this context, Spain will have to play its cards to several bands. Approach enough to Beijing but without burning. It will be necessary to see if the United States maintains its commitment to tax trade with the European Union with a flat rate or if it extends tariffs by sectors, which can be an indirect attack on a specific country. A good example is the 25% tariff to the car. The United States government has repeatedly decided to pause its tariffs to Mexico or Canada but keeping them in the car market is a clear attack on these countries. Also to Germany, in Europe, which is The country that exports more vehicles to the United States. We will have … Read more

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