In 1521 Spain established a timid colony on the island of Borneo. Today they demand 15,500 million euros for it

In a corner of Southeast Asia, the island of Borneo has been the scene of a historical entanglement that seems like something out of a novel. What began more than a century ago as a trade agreement between a local sultan and European businessmen today translates into multimillion-dollar lawsuits and international arbitrations involving Spain, Malaysia and the descendants of the Joló sultanate. The surprising thing is that the origin of all this mess goes back to a detail that many would overlook, but given that when it happened the island was under Spanish jurisdiction, a century and a half later, the judicial imbroglio has spilled over into a Spain that has been involved in a lawsuit for 15.5 billion euros without a hitch. Signing of the agreement and colonial movements In 1878, the island of Borneo was under Spanish administration in certain areas, although real authority corresponded to the Sultan of Joló, the highest authority in a small Muslim kingdom located to the north of that island. In that year, Sultan Jamalul Alam signed an agreement with two British businessmen, Baron of Overbeck and Alfred Dent for the exploitation of natural resources of the area. However, for the descendants of the sultan, that contract had a lease character, while for the British it implied a definitive transfer. First point of disagreement. Spain, as the administrative power of the time, left evidence of its limits and neither punctured nor cut nor cut in that agreement. Reproduction of the 1878 agreement In 1885 the Madrid Protocol between the United Kingdom, Germany and Spain, with which Spain formally renounced any right over Borneo and recognized British control of the area, left in hands of the British North Borneo Company to its colonial exploitation and became part of the British colonial territories. Already in 1963, the island of Borneo was integrated in the newly formed Malaysia, and the Joló sultanate was integrated as the state of Sabah. Under the agreement signed in 1878, the Malaysian government was the “heir” of that transfer/lease of the territory, so kept a symbolic payment annual payment of about 5,300 ringgit (about 1,110 euros per year at the exchange rate) to the sultan’s heirs. However, in the 1980s and 1990s, oil and gas deposits were discovered in that territory, so Malaysia, through the company Petronas. With a treasure of such magnitude under the soil of their territory and with a difference of opinion regarding the meaning of the initial agreement, the heirs of Sultan of Joló began to pressure Malaysia to return their lands. Something that Malaysia rejected outright. Invasion of Sabah and start of battle Everything changed in 2013, when a group of 235 linked to the heirs of the Sultan of Joló invaded Sabah, starting what became known as the Lahad Datu conflictclaiming the sovereignty of the region. Malaysia responded with military force and stopped the rebels declaring that the state of Sabah was part of the sovereignty of Malaysia. In retaliation, he decided to suspend historic payments to the sultan’s descendants. This suspension marked the beginning of a long international legal dispute since now the heirs did not have the right of ownership of the lands nor did Malaysia recognize the agreement signed in 1878. Since in 1878 the kingdom of Sabah was under the administrative control of Spain, the sultan’s heirs considered that the historical jurisdiction belonged to Spain and requested arbitration in Spain, trusting that the country’s courts could act as a neutral venue to resolve the conflict between Malaysia and the heirs of the Sultan of Joló. Territory in dispute From trade disagreement to billion-dollar international conflict In 2019 and already in Spain, the Superior Court of Justice of Madrid (TSJM) assigned arbitration in principle to lawyer Gonzalo Stampa. However, in 2020 and after studying the case in more detail, the same court ordered arbitrator Stampa to stop the arbitration by determining that the State of Malaysia could not be judged by another State. Despite the disqualification and orders from the Spanish justice system, Stampa ignored it and continued with the mediation process. Since it had been banned in Spain, Stampa moved the arbitration to Paris and, in 2022, he dictated a favorable award to the heirs of the sultan. In the award issued by Stampa, which we remember at that time was “free” and no longer recognized by Spain, it could be read: “(…) the Arbitrator decides that the Claimants have the right to recover from the Respondent the restitution value of the rights over the leased territory in northern Borneo. (…) and orders the Respondent to pay the Claimants the sum of 14.92 billion US dollars.” Painting of the Sultan from the late 19th century That is to say, not only had he ignored the instructions of the Spanish justice system, but he also condemned Malaysia to pay compensation of 15,000 million dollars to the heirs. Obviously, nor Malaysia neither Spain nor even Paris Court of Appeal and then the Cour de Cassation French recognized the nullity of the arbitration. In fact, the Supreme Court recently condemned to referee Stampa for contempt and usurpation of functions. Although no authority recognized this arbitration, the heirs attempted to enforce the award by confiscating Malaysian assets, in the form of Petronas assets, in Holland and Luxembourgbut European courts temporarily stayed the action. At the same time, the heirs of the Sultan of Joló filed a new complaint against Spain claiming 15.5 billion euros, alleging that the country had hindered the execution of the award. This demand has just been dismissed by the ICSID (International Center for Settlement of Investment Disputes) tribunal dependent on the World Bank, which considered that there was no “protected investment” and ordered the heirs to assume the costs of the procedure. The result is that Spain leaves the dispute without paying a single euro, while the legal battle for territory and compensation against Malaysia remains open and on multiple fronts in Europe and Asia. What began as an agreement … Read more

Spain wants its own public Hugging Face. The problem is that he is late to a battle that already has winners.

The Spanish Government has announced the creation of the Open Source AI Community, a platform that aspires to become the meeting point of the Spanish AI ecosystem. The initiative, presented by the Secretary of State for Digitalization and AI, María González Veracruz, is supported by ALIA and promises to democratize access to AI through open models, datasets and integration tools. Yes, but. He timing It is everything in technology, and Spain arrives when the game is already played: Hugging Face centralizes the development of open models at a global level. GitHub hosts the most important repositories. Flame Meta has become the de facto standard for many developers. Creating a national alternative now is like launching a social network in 2025: technically possible, strategically debatable. Between the lines. The official rhetoric speaks of technological sovereignty and preventing “the digital future from being in the hands of a few.” It is a legitimate argument that works in China, where the State has resources to build parallel ecosystems and close digital borders. But Spain, for good and bad, is not China. Open source AI is, by definition, global and collaborative. Fragmenting it into national initiatives contradicts its very nature. The contrast. The press release sent by the Ministry lists three objectives: Promote practical solutions. Channel Spanish leadership. And create a talent pool. The remaining question is simpler: who is going to choose ALIA when Call 4, Mistral either qwen Are they already integrated into thousands of projects? Not only is the community late, it must compete against models that already have traction, complete documentation, and active communities of millions of developers. What is also missing are concrete resources. The announcement is full of conditional promises: “putting public computing capabilities will be explored,” “there will be” hackathons“sessions will be promoted” networking. What is conspicuous by their absence are specific budget commitments, operational infrastructure from day one, or use cases that demonstrate advantages over what already exists. The big question. If Spain does not have the muscle to create viable alternatives to the American or Chinese technology giants, does it make sense to spend resources pretending that it does? Technological sovereignty is a desirable strategic objective, but it requires sustained investment over decades, not announcements with future tense verbs. The history of European technology is full of failed attempts to replicate other people’s successes without the necessary scale or capital. In Xataka | In Europe we have a problem: we are becoming the Japan of the 21st century Featured image | Secretary of State for Digitalization and Artificial Intelligence

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

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

Revolut plans to make the generational leap in Spain: assault private banking

Revolut is looking for private banking professionals in Spain to build its high net worth division from scratch. The project is in the initial phase, but talks have already begun, according to Expansion. It is the first serious move by the British neobank in a segment traditionally reserved for traditional banking. Why is it important. The bank intends to compete with the leaders of this sector, Santander and CaixaBankwho control more than 35% of the large fortune market in Spain. It is not a minor battle: Santander manages 195,000 million in assets of patrimonial clients. CaixaBank exceeds 181,000 million. Revolut wants to convince these customers to abandon decades of banking relationships for a mobile app. The context. Interest rates have normalized in Europe and banks need to compensate with fees for what they lose in margins. Private banking is the perfect business: High profitability. Less price sensitive customers. Lasting relationships. That is why everyone wants to enter or grow in this segment. Revolut is late to the banquet, but if anyone can offer a different menu, it’s them. Between the lines. Until now, Revolut has been the bank of millennials and generation Z. Young people who exchange currencies to travel, invest in cryptocurrencies, value the absence of commissions and digital agility. Now he wants to manage his parents’ assets. It is a logical but complex leap: going from being the youth alternative to becoming the custodian of consolidated family fortunes. Yes, but. There is another less obvious reading. Millennials who have been with Revolut for a decade are getting older and accumulating wealth. Entrepreneurs who have sold companies. Professionals with consolidated careers. Investors who have multiplied capital. Revolut is not only looking for new customers, it also aims to retain those it already has before they leave for traditional banking when they need more sophisticated services. The strategic turn. Revolut founder Nik Storonsky He’s been anticipating this move for a year.. He presented it as a natural evolution: many bank clients already have high balances and need more than just a well-stocked checking account. But the reality is more pressing: Revolut needs to diversify revenue beyond transactional products (currency exchange, cards, accounts). Their model has worked for the average customer. Now look for the high value one because that’s where the real margin is. The threat. Revolut’s bet is not only technological, it is generational. The bank believes that new fortunes value agility and innovation more than dealing with a manager in a VIP office. It also relies on its young client base to mature with them, creating a natural transition into private banking. And now what. Dates, minimum equity requirements, a list of specific services to be offered by Revolut in private banking… Everything is yet to be defined. It also remains to be known whether the bank will replicate its model from other markets or adapt the offer to Spanish particularities. And, above all, it remains to be seen if it manages to sign top-level professionals willing to work in a technologically powerful brand, but without a history of large assets. In Xataka | Neobanks break 25% market share in Spain. Traditional banking is losing young customers Featured image | Revolut

Spain wants more pork and more safe water in its reservoirs. And he is discovering that both things at the same time are not possible.

Hidden in the Official Gazette of Castilla y León on Monday, there was something that they did not suspect would be controversial: the authorization to install more than 3,500 heads of pigs on the outskirts of San Cebrián de Castro, province of Zamora. Why would it be controversial? As recognized in the Diario de Zamorais the umpteenth authorization of this type in recent years and, unlike others, this macro farm is not close to any urban center. The only small problem is that, well, it is 100 meters from the Ricobayo reservoir, right where the Esla flows into the Duero. And is that a problem? The idea is to install a pig farm “with capacity for 3,100 sows with piglets until weaning (from 0 to 6 kilos in weight), with 620 replacement sows and six boars.” Just over 132,000 square meters, more than a dozen warehouses, a manure dump with a capacity for 1,215 cubic meters and two enormous slurry ponds with a capacity for 14,000 cubic meters. The project insists that “there will be no discharge into the Public Hydraulic Domain”; but, of course, the doubts are more than reasonable. In 2023, 161 Zamora municipalities They were left without drinking water due to contamination of its reservoirs. Because there is also the issue of water consumption. According to the data, an annual water consumption is estimated at 24,479 cubic meters. It’s a lot of water, but it’s not a surprise either: agriculture and livestock consume almost 90% of the Duero basin. And Ricobayo is a critical reservoir And not only for the Northern Plateau. Because what is happening in the Esla River is something much more important than it seems. Spain It is the absolute leader in European porkbut (or “because”) the legal framework is too fragmented and has huge regulatory gaps. That is to say, the basic management of intensive farms has been broken for years. The sum of an unambitious basic state standard, hydrological plans, municipal plans and environmental authorizations leaves room for dozens of towns throughout the country to spend years denouncing the enormous ecological and health consequences of this type of installations. All of this comes at a difficult time. Because the macro farm industry is about to reach its key moment: it is not only that the administration is following The closest issue is that the prosecution is taking cards in the matter. That is to say, in the near future, Spain is going to have to clarify what it wants to be at an agricultural level and at what cost. But you can’t do it with your back to the externalities it produces. The competitiveness of Spanish pork is based on vertical integration, efficiency and scale; and that pushes farms to have greater capacity and associated plants (feed, slurry treatment, biogas, etc.). That is, it puts completely new pressure on parts of the system that are not prepared to withstand it. Water is one of those problems. The Spanish water reserve is at 51.4% of its capacity and we have just emerged from one of the largest droughts in recent decades: how is it possible that a strategic resource like water enjoys these management problems (and this lack of protection)? That question is indeed more complex than it seems. Image | Bob | Raiden32 In Xataka | The Atlas of Toxic Spain: this is the geography of pollution in our country

We have a stationary high-impact storm at the gates of Spain. And that will translate into 30ºC in November

We only have to look at a map these days to realize that we have a pretty significant storm heading our way. It will impact the entire western part of the peninsula and will leave more than 300 l/m2 on the Galician coast. However, it doesn’t seem like it. It doesn’t seem like it at all. But that’s how it is. Storm Claudia (which is the name of the third high-impact storm of the season) will bring rain and cold and wind; but just before that it will bring us a significant thermal rebound. Today, Wednesday, there are many areas of the country with 25 degrees and the nights will not be especially cold (it will not freeze anywhere). Bilbao is going to be 25 degrees and cities like Granada or San Sebastián are close to 30. How is it possible? Naturally, as explained in AEMETthe wind tends to leave the anticyclones and move towards the storms. “In this movement it suffers a deviation to the right of its trajectory so that the exit is not in a straight line but in a wide curve that rotates clockwise.” That is, storms rotate. When we talk about rivers of moisture (or connections with the Gulf of Mexico), we talk about this type of thing: air currents with a lot of humidity that are integrated into Atlantic storms thanks to this turn. The curious thing is that, in that turn, Claudia is pushing the southern air directly into Spain. AEMET What we can expect. Heat. At least, during Wednesday and throughout the country. During Thursday, the most classic effects of the storm (and that includes the cold) will begin to be seen in the west of the peninsula. We are talking about temperature drops of eight or ten degrees. For the weekend, most of Spain will have maximum temperatures below 15 degrees. And then the party begins. In a matter of hours we are going to see a lot of rain, a lot of wind and a considerable sea storm arrive in Spain. The first impact will be in the Canary Islands, but it will be the west of the peninsula the one who will bear the brunt: with winds of 110 kilometers per hour and accumulations of up to 350 liters. They are expected waves of up to four meters on the coasts of Galicia. Image | TropicalTidBits | SrGPicker In Xataka | It’s going to rain in Galicia. It seems normal but it is something more: the prelude to a total change in the weather in Spain

The lack of generational change has opened a job opportunity for thousands of young people in Spain: bus driver

The driver shortage In Spain and Europe it has generated an opportunity for those looking for a stable and well-paid job. Municipal companies are fighting to hire new talents who want to train as drivers of their city buses. The lack of generational change in passenger transportation is a problem that affects many local companies, which cannot fill the vacancies left by retiring drivers. The shortage of drivers in Spain and Europe. According to published data According to the European employment body EURES, in 2023 there were 105,000 vacancies for bus and coach drivers in Europe, which represents 10% of all positions in the sector and an increase in vacancies of 54% compared to the previous year. In Spain the situation is not better. The driver shortage already an officially recognized structural problem. The deficit affects both the freight and passenger transport sectors, and contrasts with the surplus in other professions such as administrative or technical personnel. The forecasts of the transport sector is that, by 2026, 37,000 new bus drivers and about 126,000 truck drivers will be needed. Why are there drivers missing? Among the structural factors that aggravate the shortage of drivers, the absence of a generational change. According to a report According to the Spanish Bus Transport Confederation (CONFEBUS), the aging of the workforce is one of the main reasons for this shortage. Data recorded by the International Road Transport Union (IRU) included in the EURES report indicated that, in many European countries, less than 5% of drivers are under 25 years old. Furthermore, the incorporation of women to the sector is very low, since only 12% of drivers in the EU are women. He sector It estimates that it will need about 24,000 new drivers per year to compensate for the rate of retirement of current staff. CONFEBUS also recognizes that working conditions in the sector Nor have they helped to attract young people: long hours, irregular shifts, temporary contracts and poor family conciliation. Access to training and certification is another obstacle, since the obtaining the CAP or the D permit entails a high cost, especially for young people or migrants who do not have sufficient economic resources and find there a barrier to accessing these jobs. Government aid for training. Precisely to alleviate this economic obstacle when obtaining permission to transport goods and passengers, the Government has promoted a Royal Decree which gives the green light to the Reconduce Plan, which offers aid of up to 3,000 euros to cover the costs of training and obtaining a bus or truck driver’s license. This helps is directed to people who want to train in the road transport sector and is available to cover the costs of the necessary courses and exams. The conditions to access this aid include being registered in the National Youth Guarantee System and meeting the age and training requirements demanded by the Ministry of Transport. Driverless buses. Faced with a prospect of constant staff shortages due to the progressive aging of the population, more and more city councils are deciding to start pilot tests with autonomous buses on their streets, not without some reluctance among the current driver templates. For example, in August the first test of this style was launched in Barcelona, ​​allowing a driverless bus to cover a short 10-minute stretch in open traffic. Our colleague Iván Linares tried it in first person. Madrid has just started a similar test autonomous bus, although in this case its scope of circulation is limited to Mercamadrid. These projects seek to modernize urban transportation and guarantee mobility, although they are still in the experimental phase, so they do not represent a short-term solution to the problem of driver shortages. In Xataka | Barcelona has grown tired of fining 80 cars a day for invading the bus lane. So he’s going to start monitoring them with AI Image | Wikimedia Commons (KingValid04)

Gibraltar airport was born as a British military bastion. Now Spain has imposed a veto that will be very expensive

Since its construction during the Second World War on the narrow strip that separates the Rock from the isthmus, the Gibraltar airport It has been much more than a landing strip: an RAF military enclave, a nerve center for British logistics in the Mediterranean and, at the same time, a constant source of diplomatic friction with Spain. Today, and after Brexit, that old tension resurfaces in new forms. More restrictions. The United Kingdom has confirmed that the restrictions imposed by Spain on the overflight of British military aircraft remain in force, affecting flights arriving or departing from the Royal Air Force (RAF) air base in Gibraltar. Despite this, the British Ministry of Defense insists that the measure has no operational impact and that the base continues to operate as a sovereign military airfield under full authority of the United Kingdom. So he reiterated it Under Secretary of State for the Armed Forces, Alistair Carns, in response to a series of parliamentary questions posed by Liberal Democrat MP Helen Maguire, who asked for clarification on the logistical and financial consequences of this situation. Carns claimed that RAF aircraft simply They trace alternative routes to avoid Spanish territorial airspace, in accordance with the restrictions imposed by Madrid, and that Gibraltar’s operational capacity has not been compromised. The big doubt. Nevertheless, admitted that no formal study has been carried out on the economic costs derived from diverting flights through other international air information regions, despite the increase in fuel costs and flight time that this implies. The dimension of the blockade. The debate about the military overflights reflects a historical conflict between London and Madrid that has survived all diplomatic stages, from the Cold War to Brexit. Spain, relying on international law and its claim of sovereignty over Gibraltar, maintains that all British military activity in the area must comply with its air traffic rules. For the Spanish Government, overflight restrictions are not a sanction, but a legitimate expression of its jurisdiction over the airspace it considers its own. An RAF Hawk at the airport What do the English say? From the British perspective, however, these limitations are a inheritance of tensions that surround the sovereignty of the Rock and a technical rather than political obstacle. In the Westminster Parliament, the issue continues to be a recurring theme, periodically reactivated by particularly combative deputies who see every Spanish gesture as a threat to the British integrity of the enclave. To them, successive governments of the United Kingdom have always responded in the same way: reaffirming their full sovereignty over Gibraltar and the right of its inhabitants to self-determination, without opening any loophole for territorial negotiations with Spain. A Lockheed Hudson of No. 233 Squadron RAF lands at Gibraltar in August 1942 Gibraltar after Brexit. Brexit introduced a new framework of relations that fully affected Gibraltar’s position. After months of negotiationSpain, the United Kingdom and the European Commission reached an agreement that established a joint system customs and border control. Under this pact, Spain will assume controls on the European side at the Peñón port and airport, which will allow more fluid transit to destinations within the European Union. However, the military issue was left out of those understandings. The Liberal Democrat Helen Maguire brought this sensitive point back to the table by asking whether the impact of restrictions Spanish reports on the operations and costs of the British Ministry of Defence. Carns’ response was blunt: air limitations continue, aircraft avoid Spanish space and the base maintains its sovereign status. But, as we said before, the absence of an official calculation on additional spending reflects political will to publicly minimize any consequences derived from the dispute, preserving the narrative of autonomy and absolute control over Gibraltar. Strategic impact. Although London maintains that the Spanish veto does not interfere In its operational freedom, the diversion of military routes involves a considerable logistical effort. Instead of crossing the Iberian Peninsula, aircraft must border it by the Atlanticprolonging the journeys from the British Isles to Gibraltar and complicating supply at a point of strategic value for British operations in the Mediterranean and North Africa. The RAF base in Gibraltar, next to the port used by the Royal Navy, constitutes an essential axis for surveillance, supply and military transit missions to Africa and the Middle East. The United Kingdom has not revealed figures on the economic impact of the diversions, but parliamentary sources acknowledge that fuel and planning costs are inevitable, especially in rapid deployment exercises or emergencies. Even so, the Ministry of Defense avoid recognizing officially these damages, aware that admitting them would imply granting Spain a political advantage in a matter where each diplomatic gesture has symbolic weight. A geopolitical symbol. If you also want, the conflict over Gibraltar’s airspace condenses centuries of friction between both nations and is projected as a microdemonstration of the balance of power in the Mediterranean. A pesar de los acuerdos pos-Brexit y de la cooperación en materia fronteriza y económica, la defensa del Peñón continúa siendo un terreno de maximum political sensitivity. The RAF base and the port of Gibraltar are more than simple military infrastructure: they represent the last vestige of British projection in southern Europe, a symbolic platform of sovereignty in disputed territory. The Spanish restrictions They do not prevent the operation of that presence, but they require a constant effort of logistical adaptation and a careful diplomatic balance. In this context, the United Kingdom maintains its usual line: denying any operational impact and reaffirming that Gibraltar continues to be, both in the air and on land, an unbreakable piece of its strategic identity. Image | Dicklyon, Harry Mitchell In Xataka | The Strait of Gibraltar was very different eight million years ago. So different that there were two In Xataka | In World War II, Hitler gave Spain the keys to Gibraltar. He did not have what Franco demanded in return

Monistrol de Calders is a town of 700 residents. Now someone wants to turn it into the first Chinese cemetery in Spain

Monistrol de Calders is a town in the Moyanés region, in the province of Barcelona. He last census The INE places just under 800 registered residents there, a small community without the slightest trace Chinese immigration. Despite that, the lack of ties with the Asian giant or the specter of depopulation, Monistrol is about to become a prominent place on the map of the European Chinese diaspora. And for a very special reason, too. A group of investors wants to build there, in an old farmhouse, the first cemetery feng shui of Spain and one of the few that exist in Europe. The ideal candidate. Monistrol de Calders may not be a very populous municipality, but it enjoys a privileged location in the heart of the Catalan countryside, between the Pla de Bages and the Sierra de San Lorenzo. Mountain. Streams. Sources. Pine forests. ç The town is not only idyllic. Some time ago a group of Chinese investors living in Catalonia saw in it Anything else: an ideal place to give shape to a project that they had been meditating on for some time, to build a feng shui cemetery, a space in which the growing chinese immigration could watch over their dead. In Moyanés as in Qingtian. They were not only convinced by the setting, the atmosphere and the location of Monistrol. The mayor of the town, Arturo Argelaguer, explains to The National that the promoters liked something else: “Orographically it is very similar to the part of the country where they originate, the region of Qingtian“. The area also has a special symbolic value, since it is the place of origin of much of it of the around 350,000 people of Chinese origin who reside in Spain. That in Monistrol as such there are no neighbors from the Asian giant matters little. After all, the town is half an hour by car from Manresa and less than an hour and a half from the center of Barcelona, ​​where there is a large immigrant community. The idea of ​​building a cemetery there in which to lay vigil for their dead pleased the investors so much that in june They even invited Quingtian to a delegation led by Argelaguer. The visit culminated with a Monistrol-Dongyuan twinning. And what do they want to do? The idea is to build a multi-denominational cemetery, “open to all”, although following the guidelines of feng shui so that the Chinese community can say goodbye and mourn their deceased while respecting their own traditions. There they can leave offerings, burn incense or hold long celebrations, practices that in other Spanish cemeteries can cause problems. “In Monistrol we have found a calm natural environment. There are no factories or pylons and positive energy can flow,” recognize to The Country Carlos, businessman and vice president of the Qingtian Association in Catalonia. The idea is to create a cemetery with capacity for around 80,000 graves of different types, which includes everything from niches to pantheons and columbariums. The cemetery will also have an extensive area of ​​trees. From farmhouse to necropolis. Proof that the cemetery promoters are serious is that they have already made a move. The National assures who have bought a farm of almost 59 hectares in Monistrol de Calders and presented a project on which the Generalitat must now rule. For now, the investors have managed to arouse enthusiasm in the City Council, which boasts of having achieved three commitments of the company: the construction of sports facilities in the town, prioritizing residents when hiring personnel for the works and contributing between 20,000 and 40,000 euros annually to local entities. If it goes ahead, the cemetery will also serve to rehabilitate a relevant piece of Monistrol’s heritage: the Païssa farmhouse, the land on which the promoters have set their eyes. The farm would be investor ownershipbut right now she is busy and with a judicial process underway. The ultimate objective is that of its more than 587,400 m2, more than half (56%) are dedicated to the cemetery. The rest will be used for general services and a large area of ​​around 223,900 m2 will be reserved for a forest area, with pine forests. A unique project? Although the project still has to clear the processing that remains ahead, it starts with an interesting business card: it would be the first cemetery designed based on the principles of feng shui in Spain and one of the few that exist in the whole of Europe. The Country only appointment in fact one, in Zwolle, Netherlands, which opened its doors just over 10 years ago. In Spain, the new cemetery will arrive at the height of the expansion of Chinese immigration, which has been increasing for decades to surpass the 200,000 people in 2022. Not only is their number increasing. Over time, the community has been nourished by third, fourth or fifth generation Spaniards with Chinese roots, people who do not consider returning to Asia and want to be buried and mourn their dead in Spain. Until now, the perspectives were different: either the mortal remains were repatriated to China, with the cost (and distance) that this entailed, or the families were resigned to saying goodbye to their loved ones in traditional Western cemeteries. Images | Jayde Keroi (Unsplash), Maximus Beaumont (Unsplash) and Google Earth In Xataka | Chinese immigrants have always been a mystery for Spain. The podcast ‘A Chinese and a half’ is solving it from within

Neobanks break 25% market share in Spain. Traditional banking is losing young customers

They are no longer an anecdote, they are a main actor. For the first time, neobanks have exceeded 25% of the market share among individuals in Spain. A new report echoed by some media, places the penetration of these entities in 27.2%. It is a significant jump from the 21.8% they registered in 2024. The data confirms a clear trend: traditional banking is losing the battle for the young customer, although it continues to retain the main business. Image: Revolut What is a neobank. Unlike traditional bankingneobanks operate 100% digitally, without physical branches. Their model is based on a very light cost structure that allows them to offer commission-free services all managed from a mobile app. The Bank of Spain itself defines them as entities that offer banking intermediation services in a completely digital way. The assault on the young public. Neobanks entered the Spanish market attacking a very specific niche: young people and travelers. a study from Adyen and OpinionWay reveals that practically all Spaniards (93%) reject paying banking fees abroad. This has caused 59% of millennials and 55% of Gen Z to trust them more than traditional banks when traveling. Part of the “win” in innovation and reputation It’s not just in the product, but in the marketing. They understood that an app was not enough to attract the new generations; You had to be where they are: social networks and platforms like Twitch and YouTube. Revolut has been the most aggressive, renewing for a third year its alliance with Ibai Llanos and sponsoring its “Evening of the Year.” It seems that traditional banking has reacted to this trend, and has used the same weapons: now, Banco Santander has signed the YouTuber Plex. With almost 15 million followers on their networks, He is the protagonist of the last campaign. The Revolut surprise. This growth is not uniform; It is led by the well-known Revolut. A report from the CNMC was devastating: in 2024, Revolut led the acquisition of new accounts in Spain with 19.8% of the total, surpassing giants such as BBVA and Santander. The CNMC was blunt and recognized that “neobanks and fintechs pose a real competitive threat.” Figures. That leadership in recruitment now translates into real money. According to data from Expansion and El Mundo, the total neobank customer base in Spain exceeded five million in 2024. Revolut quadrupled its deposits in a single yeargoing from 739 million euros to 3,127 million. Meanwhile, its competitor N26 (with one million clients) suffered a 9% decline in deposits since December. Image: BBVA Fintech in traditional banks. The reactionary stance of some entities has led them to a strategy: launch their own neobanks to compete in the same field. Imagin stands out, promoted by CaixaBank. Your numbers They do not leave many doubts: they can boast 3.5 million clients and a 48% market share in the 18 to 34 year old segment among the main neobanks. But very few trust them with their payroll.. Despite the good penetration figures, traditional banking continues to dominate the main relationship with the customer. According to a report by Inmark, banks such as CaixaBank, Santander and BBVA account for almost 84% of the business market. Among individuals, only 4.2% use a neobank as their main entity. However, the goal of neobanks is stop being a complement. They are ripening to attack the core business of banking: Revolut has already announced its plans to offer mortgages in Spain and yes it has materialized installment payment services. The official view: necessary competence. The rise of fintech is a trend validated by official organizations. The Bank of Spain, in its 2025 Observatoryconfirms a 50% growth in the number of entities since 2020 and a 249% increase in their total assets since 2018. At the European level, the president of the Single Resolution Board recently warned that the Revolut model reinforces the need for a deposit guarantee fund mutualized in the EU. For its part, the National Commission of Markets and Competition (CNMC) and your report It is important to understand why they succeed: The traditional banking sector is highly concentrated. Spain (HHI of 1,331) has a higher index than Germany (323) or France (567). This lack of competition is one of the reasons why traditional banks do not remunerate deposits. It is the neobanks who break this dynamic. The Spanish banking sector is four times more concentrated than the German one, according to the CNMC. Neobanks have not grown by chance: they have taken advantage of the void that traditional banking left by not competing Now, there are always stones on the road. The CNMC points out that Spaniards have a “relatively high level of distrust” in online banking – only 23% feel “very comfortable” compared to the 41% average in the eurozone – and “below” average financial education. This paints a battlefield for the coming years. The growth of neobanks shows that they have won the usability war: they are easier to use and have masterfully conquered the young public. However, CNMC data reveal that traditional banking still has the most important defensive moat: customer trust and inertia. Cover image | Composition with images of CardMapr.nl and Revolut In Xataka | There are more and more millionaires in the world and that is a problem: luxury products are no longer exclusive

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