sunk

An economic science fiction text has sunk Visa and Mastercard in the stock market. The reason is more disturbing than the story itself

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Citrini Research, a hedge fund American published this week a text written as if it were a macroeconomic memorandum from June 2028. It is not a prediction, its authors warn. It is a speculative exercise. A feasible scenario. It has achieved 24 million impressions, and counting. It is not an anecdotal tweet. The markets they have responded by sinking. Visa has fallen 4.4%. Mastercard, 6.3%. American Express, almost 8%. And Capital One, 8%. This deserves an explanation. And it’s not what it seems. Between the lines. The market reaction is not explained by the specific content of the Citrini Research report, which includes arguments as debatable as that AI agents will abandon cards to pay with stablecoins in Solana. Antonio Ortiz, technology analysts, has pointed it out precisely: part of the argument “it is from the first of Twitter AI-hype“. The idea that an agent will compare twenty food delivery apps vibecodeadas to find the cheapest one smells like a caricature of the future. But the panic is not irrational. It is precisely the panic of not knowing where the limit is. Why is it importantand. What has moved the market has not been so much the thesis about payments but the thesis about the destruction of value. And that is solid: many billions of dollars of market capitalization have been built on a single foundation: that humans are slow, impatient, forgetful and loyal out of inertia. That we do not compare prices. That we renew subscriptions that we do not use. And that we pay commissions that we do not negotiate. An AI agent has none of those weaknesses. And that changes everything. The backdrop. Citrini’s report comes at a time when the so-called “saaspocalypse“is no longer a metaphor. WSJ states that investors are terrified by the possibility that AI ends up doing the work that large software companies bill for today. ServiceNow, Salesforce, business management platforms… all built on the premise that companies need software for their employees to do their jobs. But… what happens when employees disappear? What if the software itself can be replicated in weeks with agentic coding tools? Citrini’s fiction begins exactly there, in early 2026, when a competent developer can reproduce the core functionality of a mid-market SaaS in a few weeks, and constructs a scenario of systemic collapse. The big question. The report’s most disturbing argument is that in every previous technological cycle, job destruction created new jobs that only humans could do. This time, AI is already occupying those new positions as well. If that’s true—if AI improves faster than workers can reorient themselves—the self-correcting mechanism that has always kept creative destruction from turning into outright destruction wouldn’t work. That is the scenario that the markets have discounted this week, even if only partially and speculatively thanks to a creepypasta financial. Yes, but. The scenario requires assuming a speed of adoption that is not guaranteed, a completely absent political response and a total absence of new economic sectors. None of the three conditions are set in stone. Furthermore, as Antonio points out, there is some collective hysteria in the reaction: each announcement or “scary story catches attention and moves investors.” Markets are trading in panic over the unknown. But there’s an important difference between saying “this scenario won’t happen” and saying “this scenario is impossible.” And that difference is exactly what has the market nervous. The alarm signal. The most striking thing this week is that a speculative text, written in economic science fiction format, has been enough to move billions in market capitalization. That says a lot about the state of certainty in the markets regarding AI: it is practically non-existent. Nobody really knows how much a company whose moat It is human friction in a world where that friction is disappearing. The canary is still alive. But investors have stopped trusting the canary. In Xataka | AI promised to revolutionize all sectors. It has only revolutionized programming while the rest is still waiting Featured image | Avery Evans

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

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

The irrational fear of changing jobs has a name and influences your decision making: sunk cost fallacy

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Often people They cling to jobs that they no longer satisfy them – or that, directly, They do not support-, but they resist leaving it moved by the fear of losing everything they have invested to get to where they are: time, effort or training. Although it may seem strange, this behavior responds to a psychological bias called sunk cost fallacy. This bias can delay decision making to leave a job and perpetuate itself in an unfavorable work situation that can even affect mental health .. What is the sunk cost fallacy? Psychologists Amos Tversky and Daniel Kahneman of the Hebrew University of Jerusalem coined for the first time In 1972 the idea of ​​cognitive bias psychologists such as Daniel KahnemanNobel Prize in 2002, were based on the work of Tversky and Kahneman To demonstrate The profound influence of this bias on business and personal decision making, being relatively easy to be trapped in that immobility situation. Richard Thaler presented for the first time The practical concept of the fallacy of the sunk cost, concluding that people have a greater tendency to use a certain good or service when they have previously invested money in them. According Research From the University of Ohio (USA), the fallacy of the sunk cost refers to the trend that people have to continue an activity or remain in a certain situation because resources have already been invested in it, although these resources are unrecoverable and the logical decision would be to abandon it. In labor decision making, falling into the fallacy of the sunk cost – or of unrecoverable cost – implies postponing indefinitely the decision to change jobs Just because we do not want to “lose” what has cost us to reach the current position. The bias in important decisions This thought error causes people to stagnate in jobs that do not motivate them and are even restricting their professional potential, even when there are evidence of other more beneficial and rational options. The bias is based on a determining psychological factor such as loss aversion. For example, the personal feeling of responsibility for the resources already invested, or the fear to seem like a “wasteful” to others, can make someone stay years in a job that no longer provides satisfaction or professional growth. In Psychological researchit has been proven that the change of work is postponed, although the alternative is clearly better. This paralysis is produced by this aversion to the psychological loss that supposes that all the effort made in the past has fallen into a broken bag. Trapped in their own trap A study carried out by the researchers at the University of Kansas with more than 1,000 participants showed that, who fall into this fallacy, have greater symptoms of anxiety and postpone the search for professional help. Recent research From the Department of Psychology and Economics of the University of California in San Diego, they reflect that “the fact that you have dedicated unrecoverable resources to a project does not mean that you have to sink with the ship,” said their authors. The scientific evidence It reveals that, to avoid making irrational decisions, it is essential to identify this cognitive bias and learn to make decisions based on objective data and future possibilities, not in what has cost you to reach the point where you are. Recognizing the fallacy of the sunk cost is the first step to overcome it In labor decisions. If this awareness does not occur, there is a risk of continuing to invest resources, even more intensely, falling into a vicious circle that will be increasingly complicated to leave. Such and as they highlight From Asana, it is important not to get carried away by immobility and make decisions based on objective data and take an external perspective, not get carried away by fears and investments of the past. In Xataka | We thought to choose among more options would make us freer. The “choice paradox” says no Image | Unspash (Marco Kaufmann)

The Spanish Galeon San José was sunk transporting 20,000 million dollars. Mexico and Colombia are going to bring that treasure to light

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The history of San José Galeon It is very particular. The ship left the shipyards of Guipúzcoa in 1706 to the sea of ​​the Caribem, and there it was loaded to the flag with gold, gems and jewels from Peruvian, Bolivian and Mexican mines. It was a Awesome boat With 40 meters of length, 64 cannons and a crew of 600 people, but was sunk after an attack of British privateers in 1708, leaving only 10 survivors and that juicy treasure in the depths of the sea off the coast of Cartagena. It is one of the More than 1,500 Spanish Spanish ships Through the world and Mexico and Colombia are collaborating to ‘rescue’ those treasures that have been in the back of the ocean for more than 300 years. It has a value My dear of 20,000 million dollars and is the protagonist of an authentic soap opera. A soap opera. The history of San José did not end when the ship touched background. In fact, I may only start. In 1981, the Search Armed Exploration Company claimed to have located the Spanish wreck and delivered the coordinates Not Spain, but Colombia. The treatment? Supposedly, access to half of the treasure. However, in 2015, the Colombian government said they found the remains in a place different from that indicated above. That enraged the company Cazatesoros, who claimed that it was a strategy so that Colombia did not have to share the treasure. Neither short nor lazy, former president Juan Manuel Santos proudly said it was one of the most important treasures in Colombiaand everything pointed out that Search Armada would not see a cent. Meanwhile, Spain was not with crossed arms and appealed to his sovereignty about Galeon. Investigating. In 2024, with the wreck even in dispute, the Commission for the Investigation and Accusation of the House of Representatives of Colombia opened an investigation against former president Santos. The reason? “Intrusion and looting” of the Spanish Galeon. “It’s not a treasure”. The current Colombian government has another point of view and, in May last year, declared as the protected archaeological area the pungent area. The Minister of Cultures of Colombia, Juan David Correa, said that it was “the first time that an archaeological heritage area submerged at such depth is declared, it is historical for Latin America. We already have a special plan of underwater archaeological management.” Protection. The objective, then, is to guarantee the protection and conservation of the Galeon, as Alhena Caicedo, director of the Colombian Institute of Anthropology and History, and said history, and The doors were not closed to treat the wreck as shared heritage. The objective now is to see what the ship was transporting and catalog it. It seems that it is not a treasure rescue mission, such as Correa itself: “It is not an extraction mission for economic value. What we want is to leave Colombia the possibility of a scientific-cultural mission that will have several stages and that starts today.” Mosaic rebuilt from photogrammetry files Mexico + Colombia. And that is where the National Institute of Anthropology and History -INAH- of Mexico comes into play. In an initiative called “Towards the heart of the San José Galeon”, Colombian and Mexican researchers are collaborating to be able to carry out this ‘recovery’ process. Mexico has a great experience when making archaeological expeditions (with recent examples such as the entire Mayan train networkthe application of New techniques to explore the interior of pyramids and the Underground stay mapping). A underwater expedition is different, but there they also have something to say. Colombian researchers asked INAH members about their experience in the project of Our Lady of Juncala ship that shipwrecked in 1613 in the Gulf of Mexico and with which there are parallels in the case of the San José expedition. In addition, between Colombia and Mexico there are archaeologists support programs that are formed in a cross way in both countries, as if it were an Erasmus of archeology. Digitize everything. Therefore, Mexico is advising Colombia, but it is these who, using submarine robots, are exploring San José and its surroundings in a program consisting of four phases: First phase (it began in May 2024): an underwater research ship comes into play with dynamic and acoustic positioning technologies, as well as a remote operating vehicle with sensors that has the mission of reaching the site. Second phase: generation of images of the site with which to prepare a record of the archaeological evidence for the classification of materials and their origin. THIRD PHASE: prediagnosis of conservation to establish starting points on the level of deterioration of the elements. Fourth phase: Digital documenting the archaeological context through photogrammetry techniques for informative purposes. It seems that Colombia’s plans are clear and, according to the details of the different phases, it does not seem that the goal is to get everything they find out of the water, but to catalog it so that we can see the state of the ship and its shipment 300 years later (in addition to the wealth it carried when it was sunk). Next steps. These last weeks, however, There have been important findings. The ICANH confirmed new “areas of interest” on the site, with Chinese porcelain, ingots, weapons and currencies that allow us to know more about the context of the sunken galleon. In addition, both INAH and the Ministry of Culture of Colombia have set October 2025 and the date on which they will detail the next steps of the mission. The idea is to profile that strategy of ‘towards the heart of the Galeon’ in order to exhibit tangible results before the end of the current presidential mandate in 2026. And, surely, it will be then when the controversy between Spain, Colombia, the indigenous community Qhara Qhara that demands Rights on the Treasury and the company that claims to have discovered the wreck to a new level. Images INAH, Wikipedia, ICANH In Xataka | Sunk ships … Read more

North Korea has just launched its impressive frigate with a vertical missile system. He has sunk

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Satellite images, those imposing air views from space, have allowed us to see our planet from Another perspective. These snapshots make screenshots To analyze how it affects the passage of time, for example, to the environmentbut also for reveal other secrets. An example of this we saw recently, when in North Korea it appeared An imposing construction that left little doubt. That half -finished frigate has appeared in society. And it has not lasted much afloat. A naval failure. It happened few hours ago. The launch ceremony of the second most advanced frigate in North Korea, held in the port of Chongjin with the presence of Kim Jong Un, ended in disaster when The ship overturned sideways after a technical failure during its side launch. Satellite images Subsequent show the nave tilted next to the spring, partially sunk and covered with blue canvases to hide the incident. The incident, qualified by Kim himself as A “criminal act” As a result of an “absolute negligence”, it was publicly recognized unusually rapidly by state media, in an attempt to anticipate the inevitable dissemination of satellite images. Official research points to a Bogies failure (The cars that support the helmet during the slip) that caused an asymmetric detachment and the consequent structural imbalance. Kim has demanded a Urgent restoration Before the plenary meeting of the central committee of the party in June, although experts doubt that this is possible given the magnitude of the damages. A sunk symbol. The sinister frigate belongs to the same class as The Choi Hyonlaunched In April From the western port of Nampo, and it is, with its 5,000 tons Dear, the largest North Korean war ship to date. Designed not only for coastal defense but also for strategic projection operations, the Choi Hyon class stands out for its 74 launch cells Missile vertical (VLS), which could house from ballistic missiles to supersonic cruise or advanced anti -aircraft defenses. They counted in The New York Times That the construction speed of these frigates, unprecedented in the country, suggests a somewhat hurried and politically motivated campaign, more focused on propaganda than in naval operability. In fact, during the armed tests of the Choi Hyon He suspected that still lacked complete propulsion systems, which reinforces the idea that key phases of development have been ignored with such With the terms of the regime. The lateral launch. Apparently, the method used (the lateral launch, unusual in North Korea) required a precise distribution of weight along the helmet, as well as a specialized infrastructure. According to him CSIS analysis (Center for Strategic & International Studies), the ruling could be due to the poor condition or poor installation of the rails of the side slide, aggravated by the fact that the Hambuk shipyard, selected to build this second frigate, It lacks experience in large tonnage ships. Traditionally, this shipyard has limited itself to minor vessels, such as chargueros or patrols, which raises doubts about its suitability for a program of such a magnitude. Plus: The simultaneous use of cranes and barges, detected days before launch, could have contributed to collapse structural. Political impact and consequences. A failure of this caliber always has consequences, but in a space like North Korea perhaps more. Beyond the technical error, the incident represents a considerable setback for the naval aspirations of Kim Jong Un, who seeks Transform the Navy Popular Korean (KPN) in a water force capable of strategic offensive operations. Failure not only puts that narrative in check, but It exposes vulnerability of a program that mixes excessive ambition with insufficient industrial capabilities. In fact, Kim has promised severe punishments To those responsible, which could translate into personal repercussions for engineers and officers of the shipyard. Although it has not yet been determined if the ship is a total loss, its recovery seems unlikely in the short termand any delay directly undermines the political schedule of the regime. Little operational effort. As we said and underlined In the Washington Postthis frigate program, rather than building a really capable naval force, seems oriented to reinforce the image of North Korea as self -sufficient military power before its population (and the world). Kim’s presence in the tests, the deployment of experimental missiles and the media fanfare that surrounded the Choi Hyon class indicate that the goal was more prestigious than tactical. However, the simple existence of these platforms, potentially armed with nuclear missiles, represents a latent threat that, of course, should not be underestimated. Under that context, the failure of the launch in Chongjin is not only a technical setback: it is a symbolic blow to the heart of Pyongyang’s strategic story. Image | Maxar Technologies, Csis In Xataka | North Korea has built a resort so great that it now faces another problem: find tourists to fill it In Xataka | Russia has confirmed one of the great unknowns of war in Ukraine: North Korea accompanies them and not only with troops

Wallbox was the Milmillonaria hope of Spain to conquer electric loaders. Now it is sunk

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Wallbox was born with – loved – unicorn aspirations: an industrial technological, with Spanish capital, quoting in New York, and selling loaders for electric cars to the world. Today is less than its debt, it has fired a third of its template and struggle not to be expelled from the parquet. He is desperately looking for financial oxygen and industrial credibility, but he has not yet found either one or the other. What has happened. Wallbox 3,000 million dollars came to asserttoday its capitalization is around 95 million. The reasons: Constant losses. 112 million in 2023, 152 million in 2024. Stock market collapse. Your action It has fallen more than 95% since its debut. The NYSE Warning. It has been quoting below the dollar. Cuts. Mass layoffsplant closures and cost reduction. Key directors output. A few days ago, Justin Mirro and Paolo Campinoti They presented their resignation. Between bambalins. Wallbox has not stopped capturing money in recent years. Since 2021 he has accumulated more than 370 million in rounds, with Members such as Iberdrola, Generac, Riberas or the Puig family in capital. But your business model is still unburgated. Now has hired Houlihan Lokey to restructure debt and capital to avoid collapse. It is not yet known if that will sell assets, incorporate a new investor or more drastic movement. Yes, but. Although Wallbox has improved margins, reduced operational losses And it has grown in the United States, still without a clear profitability horizon. Says that it is close to Break Even (match income and expenses) in adjusted Ebitda, but has also admitted that the losses will continue. And the most worrying: You will need more capitalbut he has already burned a lot. In figures. In 2024 … 164 million in revenues. 152 million in losses. 300 dismissed employees (35% of the workforce). Almost 200 million of living debt. 95 million in stock capitalization dollar. $ 0.30 is the current price of your share. The context. With the sales of the electric car growing somewhat slower than expected, the startups of the sector have run out of the fundamental ingredient of their road map. And many have stayed on the road. Arrival, Proterraeither Lordstown Motors They are broken or suspended. Nikola continues to operate with a value 99% lower than that of its peak. All have something in common: promising products and a powerful narrative, but hardly sustainable business models if their environment does not grow rapidly. Between the lines. The problem is not electrification, but the calendar. The startups bet everything at “when” and not “yes.” And that “when” has been delayed. Wallbox had deployed factories in Texas, Germany and China with the expectation of a demand that has not yet arrived. And this not only affects Wallbox. The Spanish case is representative of a kind of industrial bubble: public and private investment aligned, but based on projections that are not consolidated. In Xataka | Selling a second -hand electric car is a very bad idea. Unless your car is an xiaomi su7 Outstanding image | Wallbox

Korea has a problem with celebrity suicides. The last one has caused an earthquake and sunk to a star

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He February 16 They found in their house in Seoul the lifeless body of Kim Sae-Rona 24 -year -old interpreter who had become famous for his papers for Netflix and Disney+. It was a friend who discovered the body and alerted the police. Kim was alone. There were no clues to suggest murder. No signs of violence. Nor were health problems. What did drag were dark years, claims of payments, harassment in the networks and the shadow of a scandal that sank his career. From A first moment Police handled the case as a suicide. The tragic death of Kim Sae-Ron has however raised a huge dust that touches several sensitive issues in South Korea: Suicideonline harassment to celebrities, Hypercompetivitygender inequality and relationships marked by the age difference, something that is now taking its toll (in the literal sense) To one of the greatest celebrities of South Korea, the actor Kim Soo-Hyun. A tragedy … and an earthquake Around what happened in the apartment of Kim Sae-Ron before one of his friends found it, a month ago, there are few doubts. “We believe it made an extreme decision and planned to handle it as suicide,” I recognized Shortly after the body lifting the Seoul Police. Without great doubts about that particular, the great question that remained throwing was, why? What led an actress of only 24 years to take “An extreme decision”? For Kim’s father there are few doubts. The same day of funeral He pointed to a YouTuber with more than 620,000 subscribers that basically dedicate gossip on celebrities. In one of the many incisive pieces that he dedicated to Kim, the influencer He made fun for example that the actress had been forced to work in a cafeteria. Moreover, he even accused her of being a paripé to get attention. “His videos caused him a deep anguish,” remember The father of the actress. After suicide, the Youtuber just eliminated the contents. In the case of Kim there are however much (a lot) more cloth than cut. Throughout the last month it has transcended more information that helps to understand how its last years of life passed. Some was already public domain. Another not so much. Among the first, what was already known, is The incident He starred several years ago for driving under the influence of alcohol. In 2022, in an episode that soon attracted the attention of the media, Kim crashed into a railing and an electric transformer for drunk driving. The consequence: a small blackout, A fine of 13,000 euros… And something else, a irreparable damage In his image that seemed to precipitate the end of his career. That same year the Gold Medalist and Kim agency They did not renew his contract and It is counted That the producers came to edit (or directly eliminate) scenes in which the young woman appeared, such as ‘Bloodhounds’, released in 2023. Whether or not, the truth is that Kim, who debuted as a model being still a baby and achieved her first leading role with only eight years, saw how her career was truncated from night to morning. Just a year ago he tried to return to the stage with a role in a theater play, but he retired claiming “Health problems”. The 2022 accident with alcohol in between, satirical videos and the withdrawal in extremis of 2024 were made known; But they are just a part of the chronicle of Jim Sae-Ron. Another circumstance that has aroused much more interest in South Korea is its relationship with Kim Soo-Hyun, A 37 year old actor Famous in the country (and outside) for its papers in ‘Queen of Tears’ or ‘One Ordinary Day’. Around the alleged romance there are many shadows among other reasons for how the controversial actor himself and the agency that represents him has managed, the same one that worked in his day with Kim Sae-Ron. According to India todayIn 2024 the company denied that such a relationship existed for amending shortly after. The truth is that I know They have disseminated photos in which you can supposedly see both young people In affectionate attitude and about him Affair The YouTube channel have been spoken Garosero Resarch Institute and (more importantly) the Sae-Ron family. The Korean press has not escaped a detail that lends itself to different interpretations: Sae-Ron decided to take his life on the same day of Soo-Hyun’s birthday, although the relationship between the two would have ended long ago. Click on the image to go to Tweet. And why is it important? For several reasons. The main is that, As he has denounced The aunt of the deceased actress, the relationship between Sae-Ron and Kim Soo-Hyun began when she was 15 years old and he 27. Until 2023 the age of legal consent in Korea It was 13 yearsalthough later he rose at 16. The age of majority is in any case in the 19th. The perspective between a famous 27-year-old actor and a 15-year-old teenager has generated an intense stir in South Korea, shaking the debate and placing in the eye of the hurricane to Soo-Hyun. Kim Sae-Ron’s family has greatly influenced the subject and has even apologized to the actor. “We ask Kim Soo-Hyun who admits to have left with SAE-Ron when he was a minor and It apologizes publicly. We also demand an apology from your agency, which has denied the relationship for the past three years and even reiterated this denial just three days ago, ” demand. Around the case there is also another key and it is the role of the Gold Medalist agency, whose link with SAE-Ron was cut years ago but still linked to Soo-Hyun. The reason is simple: in recent weeks the support he gave to the actress has been questioned, after the 2022 scandal, and the pressure he exerted for demand reimbursement of 700 million wones, equivalent to about 440,000 euros. The agency He has already responded Speaking of “invented and unacceptable accusations … Read more

The United States has been sunk in an extreme increase in eggs. Spain now faces the same problem

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No, they are not your impressions. Prepare an tortilla is more expensive today than only a few months ago. After experimenting A price increase Between August and December 2024 in the EU set, egg cards have risen again in recent days clearlyas noted The Observatory FACUA PRICE OR THE SERVICES OF Toledo and Bellpuig. Behind that trend there are a number of key factors and especially a great question: what can we expect from now on? More expensive eggs? The data of the observatory FACUA PRICE AND THE SERVICES OF Toledo either Bellpuig They show it clearly: after The climb Price scored already during the second half of 2024, the eggs have become more expensive. The percentage It can vary of one chain to anotherbut at the beginning of March the consumer organization registered increases in the price of the eggs of up to 25%. Meanwhile, the Catalan Lonja or the Toledo also scored price increases that have become 8 or 14 centsdepending on the type of product. What is the reason? Better talk about reasons, in the plural. The first key is the demand itself. The sector has registered an increase that already goes back to 2024with one 8% risefar superior to that noted by meat or refrigerated. It is not strange. During the Inflationist scenarios Consumers look for cheaper options, such as eggs, a protein source economic. With that backdrop the farms have also had to deal with a series of factors that affect their costs: The end of bonuses in the electricity bill and an increase in labour and the grain In recent years. The sector has warned of impact that will have the regulation that aims to eliminate the cages. Are the only factors? No. The analysis On egg prices usually point out another key: the ghost of the avian flu that hits especially to the USplunged into what has already been baptized as “ovoflation”marked by scarcity and record prices. In January the Average price From a dozen category to category, it was about $ 4.95, well above of what is charged in Spain. In recent weeks the seven euros. Here the Ministry of Agriculture and Food declared early year the high risk of aviar flu and activated An order that applied preventive measures in the most exposed areas. At that time, the EU Official Gazette warned that Germany, France, Italy, Hungary, Poland and Portugal had notified outbreaks. Where does the demand come from? In its last analysis of the market the Toledo Business Federation (Fedeto) a determining factor to understand the drift of prices in Spain: demand, both the national and the arrival of outside our borders. “Egg consumption remains high in homes and in industry”, Precise The collective, which appreciates a general climb in the contributions of all sizes, especially L and M. “Export is maintained to European center countries, where diminished production does not serve to meet the needs of demand,” duck. According to the Spanish Association of Egg Producers (ASEPRHU), at least in recent years Between 15 and 20% From the table eggs of Spain they have ended up exporting. Their main destinations: France, Portugal and the Netherlands. And the United States? In full “ovoflation” The US is looking for different ways of satisfying its demand and lowering prices, which happens in part, according to I recently advanced The New York Timesto bring them from abroad. A few weeks ago the newspaper said that the US is already probing several countries to ensure the short -term supply, although without specifying which. The largest source of eggs imported to the country is its neighbor Canadafollowed by Netherlands and United Kingdom. Recently the CNN chain pointed out, however, that one of the country’s great support is now being Türkiye, which plans to export 420 million From eggs to the US this year, a record mark. And what about Spain? The flow of eggs between the US and the EU is usually scarce and in fact, EFE clarifiesthe US authorities allow only the entry of European egg in the shell for transformation into ovoproduct, not for direct consumption. In the specific case of Spain, exports to the US barely pass the 100 tons per year, which represents only 0.1% of the export volume of Spain, more focused on the European Union. With all the newspaper Last minute I pointed A few days ago, Spanish products are preparing to send eggs to the US after verifying that the US has “shown interest” in their product. Moreover, he assures that in an internal circular Federovo claims to be making efforts to process export certificates. In 2015, in a similar situation, the US resorted to the EU, although the sector ensures that the scenario is different today, with a solid domestic market. Images | Alex Barth (Flickr) and Open Grid Scheduler / Grid Engine (Flickr) In Xataka | Eggs are so expensive in the United States that there are people opting for a desperate solution: rent chickens

Tesla sales in Europe have sunk 45% and their shares are paying expensive. It’s not even your worst news

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The beginning of 2025 is not being the best for Tesla. Sales of electric cars in Europe have shot last January but their sales have fallen to worrying levels. The prospects for investors are not good. These are the data. A new fall. Two weeks ago, we counted on Xataka that the price of the action in Tesla marched in free fall. So, its price was $ 336 when we wrote that item. Subsequently, the price increased slightly but has fallen again And when we write these lines, the barrier of 300 dollars has already broken, accumulating a drop of almost 20% in less than a week. To be below $ 300 is to walk towards November 2024 levels. That same month he had started with good news for Tesla in the stock market, since it started from about 250 dollars/action. Then it went up to a peak of about 480 dollars/action. The fall has been more or less constant since then, mid -December 2024. With the last fall, we talk about a setback of almost 30% in what we have been. A setback that for many is related to Elon Musk’s approach to Donald Trump and the fall of sales of his cars. For others, it is as simple as The price of the shares was swollen And now we are living a readjustment. In a political key. Is it affecting the Elon Musk’s political positioning To sales and shares of Tesla? We evidently speak of sensations because the fall in sales may be due to different circumstances and establishing a direct line between the two situations is only One more of the possible interpretations. It is true that In CaliforniaTraditionally progressive state, the sales of its Tesla Model 3 fell 36% in 2024, while in the United States the setback the setback was 12%. And the messages in the cars warning that the driver bought the car “Before Elon (Musk) went crazy” They seem more common every day. Likewise, your approach to ultra -right -wing positions in Europe can undermine sales. Especially in Germany where Musk has shown its support to AFDthe party that has triumphed throughout the east of the country except in the capital, Berlin, where the company has a Gigafabrica that has raised controversy since its opening until possible extensions. The data. Pure and hard. Because the influence of Elon Musk’s political positioning on Tesla’s sales is still a sensation. What can be talked about is numbers. And the results are being bad. Bad to the point that its fall is 45% in Europe, just when the electric car rises. They are ACEA data. The fall in Spain was especially striking. In January 268 Tesla cars were enrolled in our country, a decrease of -75.50% compared to January 2024, according to ANFAC data. But it is much more serious in France and Germany, since they are the markets with the highest volume of electric vehicles in Europe. In Germany, Tesla enrolled 1,277 cars (The lowest figure since July 2021). The fall was 54% and the market share went from 14% to 4% among electric cars. With 1,141 units sold, In France sales fell 63%. TESLA EUROPE SALES VS Electric cars sold in Europe A key year. Staying behind and losing market share in 2025 is especially serious for the company this 2025 in Europe. It is expected that, threatened by fines of billions of euros, the volume of electric and plug -in hybrids rises considerably. This will force to reduce prices and put the complicated things to Tesla. The first month of 2025 has already served to take the pulse, always according to data from Acea. Electric sales in Europe have grown by 34% compared to the same figure last year, adding 124,341 cars by the 92,781 electric cars last year in January. And most importantly, results are traced in France (0.5%drop) which is the second largest market in Europe and rises in the most popular. In Germany, which last year dealt with these dates with the sudden withdrawal of aid, grows 53.5%. Belgium is now the third country that buys more electric (growth of 37.2%) and the Netherlands also rises a lot (+28.2%). Already outside the European Union, the United Kingdom has gone from 20,935 to 29,634 electric cars last January (+41.6%). Tesla market share in the general market (including combustion) and electric in Europe Let’s not forget. In spite of everything, there is something we cannot forget about: Tesla is immersed in a restructuring of the range of its best -selling model. He Tesla Model and has received a Important face washing that many purchases may have delayed and whose impact we will not see until after a few months, when the new units are enrolled. In its launch, Tesla opted for a version that forced 60,000 euros to spend in the car. A price that not many have been willing to pay. Shortly after, the company confirmed that the renovation reached the entire range, with a much more restrained output price of 44,990 euros. In the same way, it remains to be known (and we will only see it with the passing of the months) how it is going to the Tesla Model 3. With its renovation it received a strong support in sales but taking into account the sales figures of the Q4 of 2024, where the company did everything possible to improve the figures of the previous year, it is very likely that there is a Stock surplus to which they now have to give way and that the data of these first months would be resorting. Losing rhythm. The problem for Tesla is that, as we see in the superior image, it is in its market share among the lowest electric vehicles in the last year. In all 2024, no month broke the 10% market share barrier. There were periods in which almost one in three electric cars bought in Europe was a Tesla. Losing pace is a … Read more

The world pharmaceutical industry has been sunk in its “Deepseek moment”: China is devouring it

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This summer we estee that, for the first time in history, China beat Europe as a new medication developer. It was not a stroke of luck: the pharmacist is one of the most complex sectors in the world and China has been determined to compete in it at the highest level. A decision that is paying off. So much that, today, the question is not whether China will stand up to the US. The question is whether the western pharmaceutical industry is facing its own “moment Deepseek“: The appearance of a more agile competitor, cheaper and (at least on paper) equally good. A small panoramic. Historically, Europe was always the great world pharmaceutical superpower. However, in the decade that goes between 1995 and 2005, the situation changed: the US made a very strong biomedical commitment and managed to advance the old continent. That has not changed in the last 20 years. In fact, according to the latest edition of the ‘The Pharmaceutical Industry in figures‘(The 2023), they say that the 90 new molecules, 28 were American compared to 17 of European origin. The surprise was another: that China had managed to put 25 on the table. And although that, alone it changes (almost) everything; There was something else. In autumn, summit therapeutics announced that its drug He had surpassed Keytruda, a well -known Merck immunotherapy against lung cancer that moves more than 30,000 million a year. To get an idea of ​​the bombing: only that news catapulted Summit to the top positions of world biotechnology (with a stock market capitalization of billions) even though … it has no approved drug. As David Wainer explained“China’s rise in biotechnology has been managing for years, but now it is impossible to ignore it.” In 2020, less than 5% of the large pharmaceutical transactions worth 50 million dollars or more were related to China. “In 2024, that figure had increased to almost 30%,” According to the journalist. Why does this happen? Although everything has some speculative air, experts agree that There are some key factors behind Of all this: Lower costs: both for the ease of access to highly qualified labor and low cost and access to thousands of people for optimized clinical trials. Minimum bureaucracy and less security obstacles that accelerate the market arrival process. And what consequences can it generate? That may be what most matches all this with What happened to Deep Seek: That the uncertainty about what may be doing in China, makes investors think much more if it is profitable to finance new projects. What is the point of spending hundreds of millions on something they can do in China for a dozen (And what, in fact, are surely doing even if we don’t know it)? And Europe? While innovation seems to go to China, Europe is still changed. Successes like Novo Nordisk and Ozempiceven invisible that we are losing a career that we should not lose (it is more, that we have been losing it for years). Josep Borrellformer high representative of the European Union for Foreign Affairs and Security Policy, has passed years saying that “When the pandemic arrived we realized that in Europe there was not a single gram of paracetamol.” That was something that did not worry anyone because Europe had always thought it was a problem of productive outsourcing. Now we are discovering that, along the way, we were outsourcing much more than that. Image | Mika Baumeister | Deepseek + Philipp Katzenberger In Xataka | Ozempic is sweeping. So much that it is a problem for supermarkets and sugary drinks

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