While the US and China dominate different sectors, Europe leads an unexpected leadership: heat pumps

Europe is experiencing an energy and industrial crisis that has reopened old fears: factories that lose competitiveness, homes punished by gas and a political debate that looks backwards. But behind the noise, the data tells a completely different story: Europe is not going backwards. It is leading the largest energy transformation in the world. And at the center of that transformation is a technology that is already changing the rules: heat pumps. The real problem: an industry trapped by gas. A large part of public opinion believes that European industry is becoming more expensive because of climate policies. But, As Jan Rosenow points outOxford energy professor, in EUobserver, the reality is exactly the opposite: “I do not accept the analysis underlying the reversal narrative. The idea that green policies must be dismantled to lower prices is nonsense.” According to Rosenow, the real shock came after 2021, when Europe lost access to the cheap Russian gas pipeline and had to replace it with much more expensive LNG from the United States. The impact was brutal: energy-intensive industries stopped production and never returned to pre-Ukrainian War levels. Ember’s report quantifies it: Europe paid an accumulated extra cost of 930 billion euros during the energy crisis due to its dependence on imported fossil fuels. The conclusion is uncomfortable, the problem is not that Europe has gone too fast in the transition, but too slow. Europe leads the solution, although it does not know it yet. While the political debate goes in circles, the market advances. Europe is, today, world leader in heat pumpsa title that he does not hold by chance. In residential adoption, some countries are decades ahead of the rest of the world: Norway has 632 heat pumps per 1,000 homes and Finland has 524, according to European Heat Pump Association (EHPA). And the surprise is in the laggards, countries like Poland, Ireland or Portugal continue to grow even in years of weak market. The European industry dominates the market. European manufacturers such as Vaillant, Stiebel Eltron, Bosch, Viessmann, Danfoss, NIBE or Clivet dominate the global market. Unlike what happened with solar panels, Europe has retained manufacturing capacityalthough it still partially depends on imported compressors and electronics. Still, most employment, engineering and assembly remain on European soil. A revolution underway. Industrial projects are not prototypes: they are signs of the times: So why do we still depend on gas? Despite technological leadership, adoption is slower than it should be. There are four main blocks: Electricity continues to be weighed down by the price of gas. In much of central Europe, gas sets the marginal price of electricity. This means that even if renewables lower the cost, gas increases it again at the peaks. As the Financial Times points outthe result is an obvious paradox: the most efficient technology (the heat pump) seems expensive because electricity is distorted by gas. Taxation. The Oxford Professor details that the majority of European countries They charge more taxes on electricity than on gas. This penalizes the clean option and favors the fossil option. Lack of installers. The European Commission calculates that they are needed 750,000 additional installers before 2030. The German company Apricum adds that the experience installation remains “complex and fragmented”. Cultural barrier. As Rosenow explains: “Most industries are used to burning things.” Fire is perceived as safe and familiar, even though it is more expensive and inefficient. But this barrier disappears when you look at northern Europe: Sweden, Finland or Denmark already use heat pumps on a large scale even at sub-zero temperatures. Electrification is not a green whim. Heat pumps are not a technological anecdote, but the pillar of a broader movement: the electrification of the continent. According to the EMBER reportelectrification could halve the EU’s fossil dependence by 2040, and that two-thirds of energy demand could be met by mature technologies: heat pumps, electric vehicles, storage and solar. Today, however, the EU has barely electrified 22% of its final energy, which reveals ample room to triple that share in the coming years. The European Commission agree with this diagnosis. Brussels estimates that Europe will have to reach 60 million heat pumps installed in 2030 – compared to 25.5 million currently – to meet its climate and energy security objectives. Also, remember that the entry into force of the new ETS2 from 2027 fossil gas will progressively become more expensivenaturally accelerating its replacement by more efficient electrical technologies. Europe needs to trust its own leadership. European politics is trapped between nostalgia for cheap gas and the fear of losing competitiveness compared to other regions. But the data tells another story: Europe is leading the technology that can free it from those dependencies. While some in Brussels debate whether the Green Deal should be slowed down, the market and European engineers are saying the opposite. If Europe wants secure energy, strong industry and affordable bills, the answer is not in returning to gas, but in something much simpler: plugging itself in. Image | dbdh Xataka | Aerothermal energy is the heating of the future, but the electrical installation is stuck in the past

In a financial carom, Google has stood up to NVIDIA, leaving an unexpected winner in the crazy AI race: Larry Page

NVIDIA promised them very happy being the best-positioned AI chip manufacturer. At least it was until Google has started making chips. This new scenario has excited investors, who have rushed to buy Alphabet shares, making your price goes up up to 6.3% from one day to the next, and accumulating an advance of more than 75% since its August price. This increase in the value of Google’s parent company has also coincided with a dip in Oracle’s valuation, which has caused chaos on the podium of the world’s largest fortunes. according to Forbes. What AI gives you, AI takes away. A few months ago, Larry Ellison, founder of Oracle rose as the second largest fortune in the world, overtaking Mark Zuckerberg. His fortune reached 291.6 billion thanks to the good growth prospects posed by the construction of the data centers for AI. In fact, the Oracle founder’s fortune grew so much that he was close enough to the unattainable Elon Musk as to threaten its position on that list. Just as AI raised Larry Ellison to become the world’s second-largest fortune, AI he has taken that place away to hand it over to Larry Page, who reaches that position with a fortune of 261.5 billion dollars. Google rises, Oracle falls. He Google stock rally contrasts with the downturn suffered by the main architect of the cloud infrastructure in which AI lives, leaving up to 6.79% of its price in recent days. This decline has meant that Ellison’s fortune, with a strong influence of Oracle on its income balance, has suffered, falling to $256.7 billion, being displaced to third position. That same stock market momentum of Google has taken another founding partner, Sergei Brin, to fourth position, with a fortune of 242.4 billion dollars, while Alphabet shares brought the company closer to a market capitalization of almost 4 billion dollars. Mark Zuckerberg and Jeff Bezos didn’t even see it coming. The most pronounced falls in recent months have been those of Jeff Bezos and, above all, Mark Zuckerberg, who, accustomed to remaining in the Top 3 of the greatest fortunes, fall to fifth and sixth position in the ranking of Forbes. The decline in Mark Zuckerberg’s fortune is especially striking, due to the poor performance of Meta shares in recent weeks. Interestingly, Meta shares have broken their downward trend following Google’s announcement to get into the semiconductor business for AI and the rumors that Zuckerberg could change NVIDIA processors for the Tensor Processing Unit manufactured by Alphabet. Larry Page and Sergei Brin: same company, different fortunes. Although Page and Brin co-founded Google and share control of the company through their shares, both millionaires do not own exactly the same number of shares, and that detail makes a big difference in their assets. According to public statements of Alphabet before the US Securities and Exchange Commission (SEC), between the two magnates they concentrate 87.9% of Alphabet’s class B shares, which grant 10 votes per title. However, the figures show that Page has just over 389 million shares, while Brin account with some 362.7 million of these shares, which makes Page the main beneficiary of the rally in the shares of the company they founded. Brin has been more generous with science. The key to this gap is that Sergei Brin has been much more active than Page in donating and selling part of his stake in Alphabet, and that has reduced his share package over time. Brin has been targeting large volumes of Alphabet and Tesla shares to research donations of treatment against Parkinson’s disease, bipolar disorder or autism, after being discovered a genetic mutation which made him prone to developing that disease. In Xataka | Larry Page and Sergey Brin founded Google and became millionaires. Now they are dedicated to collecting gigantic airplanes Image | Flickr (Fortune Global Forum, TED Conference)

The housing market is so broken that it has found an unexpected channel for express purchases: Telegram

The housing market is overheated. It comes with taking a look at your price curvehe residential deficit calculated by the sector, the accelerated tempos of the agencies or simply the conditions (increasingly draconian) that real estate agencies require from tenants looking for an apartment to confirm it. There is another place however where that fever is clearly perceivedone that has little to do with agencies, portals like Idealista or the offices of the promoters: Telegram. There it is increasingly easier to find apartment purchases that are closed in minutes with a clear investment focus. Seen and unseen. The news I advanced it a few days ago The Country. If there were doubts about the imbalance between supply and demand in the Spanish real estate market or to what extent housing is awakening the appetite of investors comes with taking a look at Telegram. In the same messaging app that many of us use to talk to our families or friends, there are groups with thousands of subscribers that have become real real estate showcases. Of course, with certain peculiarities: speed prevails in the channels, the ‘seen and unseen’, with a clearly investor focus. It is not unusual for sales to be settled in a matter of minutes, sometimes by buyers who do not even get to visit the home they are purchasing in person. At the end of the day, you are not looking for a home. Generally, those who buy do so attracted by the promise of high returns. And one of the most popular ways is the rental market. How do they work? The mechanism is quite simple. The channels are run by specialized companies that are previously in charge of tracking the market in search of assets with potential, apartments in locations with rising markets, at reasonable prices and in which it is possible to charge tenants monthly payments that, over time, will translate into profitability of the 6%, 8%, 9% or even 13%, far above than other more conventional investments offer. Once the company ‘hunts’ that real estate asset, it offers it on its Telegram channel with a series of key data: area, location, age, sale price, estimated rent and profitability forecasts. Potential buyers send emails showing their interest and then the company chooses among the candidates, either by lottery or following the order in which they have written. It is not unusual for the buyer to never see the property or even live in another city. At the end of the day, what counts is the promise of economic return. How frequent is it? Last year the General Council of Notaries registered almost 716,200 home sales in Spain. Among this enormous volume of operations, those closed expressly through Telegram could have represented a small part (there is no official data), but even so the phenomenon is interesting enough that it has followers. The Country speaks from several companies that launch offers every week through groups in which they reach 3,000, 10,500 or even 15,000 subscribers. Specifically, he cites three companies in the sector: Winteromics, Nexiaprop and Buy 1 apartmentalthough not all of them are the same nor do they use Telegram with the same frequency. More than just speed. That the formula is arousing interest is explained by the characteristics of the real estate market. In cities with very stressed markets, such as Madrid, Barcelona either Valenciarents rise, but so do (and not a little) the price of properties, so its real estate stock loses interest for local investors in search of available homes to direct them to the rental market. Solution? Look beyond the metropolises, in other locations, if possible in municipalities where prices are still reasonable, where population is gaining or an increase in demand is expected in the near future, for example due to the arrival of a multinational. Hence, buyers are interested in homes that may be hundreds or thousands of kilometers from where they live. Mediation companies not only promise huge financial returns. Sometimes, if the expected returns are not achieved, they undertake to cover the difference or even offer their services as intermediaries to take care of the renovations or rental management. That is, even if the investor has in mind becoming a landlord, he or she will not even have to act as such. The company itself takes care of it… after payment (of course) of a commission. Looking for strategic areas. The focus is usually on homes located in working-class areas, without conflicts, with sales prices that usually do not reach or range around 100,000 euros. Companies also manage to ensure that these properties are not even offered on the open market, thus becoming the first to hunt for ‘bargains’ for investors. The companies they allege who with their work increase the rental supply and unlock properties that have been empty for some time. Of course, it’s not all advantages. As in any investment, the sector also recognizes that there are “risks”, especially for buyers who purchase apartments without first seeing them in situ. Images | Ivan Radic (Flickr) and Kaspar Upmanis (Unsplash) In Xataka | For years, motorhomes were a luxury. Now they are something else: the last stronghold against the housing crisis

Cambricon was a dying company in 2019. Today it is worth 68 billion thanks to an unexpected partner: the US

Chen Tianshi has multiplied his fortune by more than twelve in two years until reaching 22.5 billion dollars. Your company, Cambricon Technologieshas seen its shares soar 765% in 24 months and its revenues have grown more than 500% in the last year. Why is it important. Cambricon’s meteoric rise is not so much a story of disruptive innovation as of strategic protectionism. And it well exemplifies how US technology sanctions have become the best trading partner for some Chinese companies. The context. In 2019, Cambricon depended more than 95% on Huawei, which canceled all its contracts at once. The company seemed doomed. Then came the US restrictions of 2023 and 2024, which cut off the supply of NVIDIA chips to China. The Chinese government responded by requiring companies to buy “at home.” And that’s how Cambricon went from dying business to national champion. Between the lines. The case shows the difference between competing in a free market and thriving in a protected one. Cambricon has not beaten NVIDIA in technology: its chip Siyuan 590 is several years behind A100. But in a market sealed by government decree, it doesn’t need to be better, just available. The company has accumulated inventory of 2.76 billion yuan ($380 million), something that would be worrying in any sector. But with NVIDIA chips locked, that stocks It has become bargaining power. Some customers pay up to 30% extra for immediate delivery. Yes, but. The question that divides analysts is how long it will last. “Cammbricon’s explosive growth is primarily due to a very low base, and its current valuation may be inflated without sustained political support,” explains Shen Meng, director of investment bank Chanson & Co. Cambricon’s chip works well for inference (when an AI model makes predictions), but it lacks scalability for model training, the most computationally intensive phase. NVIDIA not only sells chips, it sells a complete ecosystem with CUDA which is “extraordinarily difficult to replicate quickly”, according to Sunny Cheungresearcher at the Jamestown Foundation. The contrast. Cambricon has a market capitalization of 558 billion yuan (about $68 billion), 60% less than that of Intel. But it generates just 1.6% of Intel’s revenue. Investors are not buying fundamentals, they are buying national hope. The alarm signal. Cambricon herself has tried to cool the frenzy. In August, with its stock soaring more than 130% in a month, it issued an official warning: its trading price had “deviated markedly” from its fundamentals and investors “could face substantial risks.” When a company warns that its valuation no longer makes much sense, it is worth listening. What does this say about technological warfare?. The Cambricon case shows that US technological sanctions are not holding back China, but rather reorganizing its industry. They are creating a new class of state-aligned tech elites, years after the Chinese government crushed its private giants. The US government has cut off China’s access to advanced chips, but in exchange has given away captive markets to companies like Cambricon. The result is a Chinese semiconductor industry that is weaker technically but more dependent on the government. It’s not the free market that chooses the winners, it’s political favor. The big question. What happens when protectionism is no longer enough? Cambricon achieved its first quarterly profit in the fourth quarter of 2024, four years after going public. It’s not bad either. But its growth depends on the government tap remaining open and Chinese companies having no alternative. If US restrictions are eased or if domestic competitors like Huawei gain traction, the party could end quickly. Chen Tianshi has built a fortune of 22.5 billion on political arena. The history of technology suggests that these types of foundations do not usually last decades. Featured image | Cambricon In Xataka | China was no longer supposed to be able to get its hands on NVIDIA’s most advanced chips. Until he found a shortcut in Indonesia

The US vetoed NVIDIA’s most powerful chips in China. I didn’t count on an unexpected problem: Indonesia

NVIDIA is at the center of the technological war between China and the United States. After the blockadethe US allowed the company sell a version of its H20 chips specific for the Chinese market, but the most powerful chips, The Blackwells are still banned in China. Or so we believed. What is happening. Donald Trump made it clear that he does not want China to have access to Blackwell chips, but despite the blockade, an investigation by the Wall Street Journal shows how there are Chinese companies benefiting from the computing power of these chips using legal shortcuts. The process. The investigation details the process that NVIDIA’s Blackwell chips go through until INF Tech, a Shanghai-based startup, uses the computing power. NVIDIA sells its chips to Aivres: Aivres is a Silicon Valley company partially owned by Inspur, a Chinese company that is on the US blacklist. NVIDIA could not do business with Inspur or its partners, but the blockade does not affect partners based in the US, as is the case with Aivres. Aivres sells the chips to Indonesia: specifically to an Indonesian communications provider called Indosat Ooredo Hutchison. The agreement includes the sale of 32 NVIDIA GB200 racks with 72 Blackwell chips each; more than 2,300 chips worth $100 million. Indonesia sells computing power to China: The end customer for this cloud computing power is INF Tech, which will use it to train AI in financial and medical research applications. This point is key as we will see later. Why it is important. The investigation calls into question the true effectiveness of US blockades and regulations. Using intermediaries in other countries, Chinese companies can manage to circumvent the restrictions and access the most powerful chips, all without violating the restrictions. Cracks. According to the Trump administration’s controls, the deal is legal as long as INF Tech does not use the chips to help the government with military intelligence applications or to develop weapons. However, it is difficult to know what it is actually being used for and in fact in the US there are suspicions that The Chinese government is leaning on the private sector to improve its military technology. Disagreement. If there is a crack, the logical thing would be to cover it. The Biden administration tried to tighten these rules to prevent chips from being sold to countries that are not close allies of the United States. This would have prevented the sale to the Indonesian company, but when Trump returned to power he decided not to go ahead with these new rules. Instead of the government controlling it, it should be the companies themselves. Interests. The US blockades seek to take advantage of China in the AI ​​technological race, all for reasons of “national security.” It is contradictory that they leave these cracks open through which these chips end up sneaking in legally. The one who thinks it’s great is NVIDIA. Speaking to the Wall Street Journal, a company spokesperson came out in favor of Trump’s decision, saying that “Biden’s controls cost taxpayers tens of billions, paralyzed innovation and ceded ground to foreign rivals.” Image | NVIDIA, Pexels In Xataka | The Chinese government has taken a definitive step to break NVIDIA’s dominance in China: prioritize “national” chips

The most unexpected treatment against cancer is LED light, and it is giving good results

Currently there are many research groups that have a very clear objective: find a cancer treatment that is effective, specific and above all safe. Something that can be really complex because of everything that cancer hides behind it, but science continues to give us good news. The last one comes from the University of Texas and the University of Porto which have developed a technique based on tin oxide nanoflakes (SnOx) and LEDs that allows cancer cells to be destroyed with precision. The current problem. The therapy par excellence today in the fight against cancer, without a doubt It’s chemotherapy and radiotherapy. The first of these has numerous problems that have been tried to be corrected, such as low specificity, that is, it attacks both cancer cells like the healthy ones. And this ultimately produces many side effects that can cause you to not continue with the treatment. This makes the goal of science to seek specificity and for the treatment to attack only cancer cells. This is something that is being tried to achieve with immunotherapy and techniques like CAR-T which ultimately is part of personalized medicine for each patient and which offers a very specific selection of the type of cell to destroy. But science has not stopped here. The discovery. One of the techniques that appears to be promising is photothermal therapy (PTT). The concept in this case is quite simple to understand: inject nanomaterials into a tumor and then heat them using light. This logically causes a localized increase in temperature, which selectively destroys the cancer cells that have been marked before. The problem until now was materials and light. Many photothermal therapies require high-powered lasers, which are expensive and can damage surrounding tissue. Now, a team of researchers from the University of Texas at Austin and the University of Porto have found the key to changing the rules of the game. A secret ingredient. The team has developed a new photothermal agent called nanoflakes that are made of tin oxide. After all, they are tiny sheets with a thickness of less than 20 nanometers and what is really ingenious is how they were manufactured. The really ingenious thing is how they made them. They started from a cheap and abundant material such as tin disulfide, which ironically is useless for photothermal therapy. In this way, through a ‘green’ and scalable process called electrochemical exfoliation with oxidation, which only uses aqueous media, they managed to transform the inactive tin disulfide into tin oxide that was already ready to fight cancer. And the light came. Once this material was available, all that was left was to expose it to the LED irradiation low-cost that emit infrared light at 810 nm. In this case we are talking about radiation that is very safe and does not damage healthy skin as can occur with radiotherapy, and it is also extremely cheap and accessible to everyone (even developing countries). Results. To test the effectiveness, researchers have tested cells in culture. The first thing they saw was that this treatment had no effect on healthy cells, that is, it did not destroy them. But the best comes when applying it to cancer cells results in a great reduction in the different colonies. Specifically, in skin cancer there was a 92% reduction in the viability of tumor cells, while in colorectal cancer this percentage dropped to 50%, but still maintained good results. And all thanks to an increase in temperature from 37 °C to 50 °C in 30 minutes that killed cancer cells. The future. This study not only presents a more efficient material, but validates its use with safer and more economical light sources. The researchers themselves point to the potential of LED systems for applications such as skin cancer treatment, which could theoretically be self-administered at home. This would be a great advantage for patients and would reduce the burden on health systems, although there is still a lot of research ahead to see if this therapy can be viable in a range that will surely not be less than 10 years. Images | National Cancer Institute Logan Voss In Xataka | Colon cancers are increasing alarmingly among young people. We have a suspect: sedentary lifestyle

The new mayor of New York is a rare bird in the US, but he has an even more unexpected facet: a shareholder of Real Oviedo

Among the many congratulations that Zohran Mamdani has received over the last few days, after conquering the seat of mayor of New York, there is one that stands out as unexpected: that of Real Oviedo. Yesterday the club carbayón conveyed his congratulations via It may sound strange, but it is better understood when you know a key fact: Mamdani has been a shareholder of Real Oviedo for years. To understand it you have to go back to 2012. Who is Zohran Mamdani? That question might have made sense a few years ago, when Mamdani was one of a long list of members of the Albany Assembly. Today his name is one of the most popular in the United States, even outside the political sphere. The reason: on Tuesday he beat Andrew Cuomo and Curtis Sliwa in the race for New York City Council, becoming the elected successor of Eric L. Adams and crowning a dazzling rise. Click on the image to go to the tweet. Why is it so popular? Taking into account that New York is the main city in the United States (and one of the most media-rich on the planet), becoming its mayor should be enough to gain global projection, but Mamdani stands out for something else: an unorthodox profile. So much so, in fact, that it is a rare bird in the long history of the municipality. To start with his age: he has just turned 34, making him the youngest politician to hold office in the last century. As if that weren’t enough, Mamdani is an immigrant (born in Kampala, Uganda), Muslim, made his debut in the world of rap under the name Mr. Cardamomo and defines himself as a “democratic socialist.” He is also a skilled communicator, handles himself with ease in networks and has not hesitated to run as one of the strongest voices in the opposition to Donald Trump, whom he sent a public message after proclaiming himself the winner of the municipal elections: “I know you’re watching. I only have three words for you: turn up the volume! New York will continue to be a city of immigrants, built by immigrants and driven by immigrants. And starting tonight led by an immigrant.” Click on the image to go to the tweet. And what does it have to do with Oviedo? To answer that question we have to go back to 2012, when Real Oviedo passed through low hours. In Spain the winds of recession were blowing and the club carbayón He was seen with battered accounts and confined to the Second Division Bfrom which it would still take time to come out. The club itself refers to that period, which began in 2001, as a “fight for survival”. With that backdrop, the Asturian team decided to desperately search for a capital increase to save it from the hole, an effort in which the city devoted itself and which had the support of well-known figures, such as the popular British journalist Sid Lowewho gave visibility to the campaign on social networks. The call from Lowe, a native of Archway (London), but a fan of Real Oviedo since his student years in the Asturian capital, came among others to a young man from Kampala, a football fan and with musical whims: Zohran Mamdani. At the time he was only 21 years old, but he decided to join the wave of support. On November 9, 2012, at 5:47 p.m., he responded to Sid Lowe’s request with a message posted on Twitter: “I just bought a share, am I possibly the first shareholder of the eral Oviedo based in Maine? #SOSRealOviedo.” His tweet passed without pain or glory. The message from one more fan. One more among hundreds. Things changed on Tuesday, when Mamdani became mayor of NY. Is it your only relationship with football? Mamdani is more than just a politician, former rapper and (now) elected mayor of the largest city in the United States. He is also a self-confessed soccer fan. He himself has said that he made his first steps during his student years and his Arsenal fandom. “My uncle is a fan. I had magnets of the Invincibles (the team that won the 2003-2004 First League without losing a game) on my fridge. I loved David Seaman, Sylvain Wiltord, all of them… I have gone to many Arsenal games, many with my uncle. It has been a very important part of my life,” explained recently to The New York Times. Beyond the stands or the fields, Mamdani has known how to combine his football hobby with his political side, which has led him to launch a campaign to demand that FIFA not marginalize New Yorkers in the World that will host North America in 2026 and that includes the MetLife Stadium between its stages. Their proposal is that the organizers reserve part of the tickets for residents and also offer them a discount. The objective: that enjoying the championship is not an unattainable luxury for New York families. Images | Real Oviedo and Wikipedia In Xataka | In 2017 Liverpool signed a star footballer. Without knowing it, he had found the solution to racism in sports

The geopolitical irony that we are experiencing in the chip war has an unexpected beneficiary: Russia

The technological and trade war between the United States and China continues to open new fronts of debate. The last one, derived from the singular Nexperia situationis beginning to point to a future in which European decoupling from the Chinese chip industry may end up having an effect that is especially disturbing. Or dad, or mom. The strategic semiconductor sector has become the absolute focus of this trade war, and here Europe has traditionally been a security ally of Washington, but at the same time a key economic partner of Beijing. The problem is that the old continent has been forced to choose sides. US pressure for technological “decoupling”, coupled with concerns about national security, has forced the European Union to harden its stance towards Chinese investments and companies. Risk for Europe. This European effort to decouple its chip industry from China, far from shielding the continent’s security, could end up being counterproductive and self-destructive. With this decision, Europe would be assuming enormous economic and supply chain costs to align with Washington, putting at risk the future of its own industries, such as automotive or electronics, which are highly dependent on the Chinese market and production. The Nexperia case. The recent epicenter of this conflict is the aforementioned Nexperia case. In late September, the Dutch government invoked an old national security law to take effective control of Nexperia, a Dutch automotive chip company. That company is actually owned by the Chinese firm Wingtech, and the intervention marked a dangerous turning point, transforming China’s acquisition of technology from an economic issue to one of geopolitical security. Beijing’s revenge. The Chinese government did not sit idly by. The Chinese Ministry of Commerce banned the export of certain finished Nexperia components from China to Europe. Those reprisals They stopped the delivery of key partsthreatening to provoke a new chip crisis in Europe, and especially affecting to automakers in Germany and other countries that depend on that supply. Russia rubs its hands. If China’s chip industry is forced to operate under strict separation from European markets (decoupling), and Europe ceases to be a viable destination or supplier, China could find it easier to supply those chips to Russia, which desperately needs them for its weapons programs, especially in the wake of severe Western sanctions. Strategic irony. The situation is paradoxical. European “security” actions aimed at containing Chinese influence may end up resulting in a transfer of technological supply capacity to Russia. Thus they would inadvertently strengthen the war machine of what is Europe’s most immediate adversary in the Ukrainian conflict. History repeats itself. In reality, the curious thing is that it is suspected that all these events are part of a historical pattern. Europe is dragged into a conflict by the US (first Iraq, then Afghanistan, now this decoupling) only for Washington to withdraw or change focus later, leaving Europe alone to bear the impact of broken supply chains. It does not appear that there was much strategic thinking on the part of the EU and the Netherlands when making that controversial decision with Nexperia. USA also wins. This dynamic seems to further strengthen the leading role of Washington, which if it pushes Europe towards decoupling, not only restricts a rival (China) but also causes European countries to massively increase their defense spending. An expense that would obviously fall on the US military industry. a crossroads. Europe faces a colossal strategic problem. Its security depends on the US, its economy is closely linked to China, and at the same time it seeks its own autonomy. Restrictions on semiconductors put Europe at risk of sacrificing its own long-term economic prosperity in favor of a strategy that could be abandoned by its main ally. Long term consequences. If this trend that began with the Nexperia case is consolidated, European value chains dependent on Asia will be destroyed, in addition to an increase in inflation due to the cost of decoupling and a possible strengthening of relations between China and Russia. What is happening with Nexperia is no longer just a corporate dispute, but the symbol of an EU that is being governed without a clear vision of its own long-term interests. Image | Nexperia | Kremlin In Xataka | China is taking a giant step in its quest for technological self-sufficiency: its own EDA software

The border between Morocco and Algeria was closed in 1994. 30 years later, the fight threatens to claim its most unexpected piece: the date

A strong, dry, accurate blow is enough. Only one, in the center of the chest. When this happens, the diaphragm contracts violently and the body exhales all the air it has inside: the person is temporarily unable to inhale. That is exactly what happened to the international date market on October 10, 2025: it was left breathless. And the reason was a misunderstanding. That and a very long diplomatic conflict that always ends up affecting Spain. What has happened? October 10. The advice of GIDattes (the Tunisian interprofessional date group) published a statement in which the start of exports was announced of dates. Business as usual, really. But they added a clarification that set off all the alarms: “to all markets except the Moroccan one.” In a matter of hours, everyone interpreted that Tunisia was vetoing the export of these fruits to the west. October 13 and 14. Given the widespread noise and uncertainty in the sector, the GIDattes He clarified that there was no type of exclusion. Simply put, as it is the main export market, These required a special calendar that would be approved on October 20. October 19, 20 and 21. But it was too late, the Moroccan employers’ associations and producer groups had smelled blood. For the first time in years, there was a 20% chance (19.7% in 2024) of the dates consumed by the country would disappear from the equation: the profits for local producers would be enormous. October 21. After the meeting on the 20th, the Tunisian press reported that there would indeed be exports to Morocco at the end of October: “like every year“. What does Algeria have to do with all this? Moroccan farmers have gone directly to where it hurts most: they have accused Tunisian dates of be Algerian. It is, moreover, a classic accusation of the Moroccan countryside. Something that no one can completely rule out (due to the traditional traceability deficits of the Maghreb), but that no one really takes seriously. Although it is not going through its best moment, Tunisia is a giant in the world of dates. He doesn’t need Algeria at all. But Algeria is a sensitive issue in the western end of North Africa. A little context. The historical enmity between Morocco and Algeria can be traced back to the very independence of these territories: border disputes ended up leading to the War of the Sands of 1963 and, above all, in the Algerian support for the Polisario Front in Western Sahara. In 94, an attack in Marrakech (in which two Spaniards died) caused a diplomatic conflict that closed the enormous land border between both countries. They have not been reopened and, in fact, in 2021, diplomatic and commercial relations they are broken. Suffice it to say that, if the accusations of the Moroccan producers are confirmed, the Tunisian date would disappear from the markets of the Alawite state. Why is all this so important? This has had an impact on the international date market because, although Tunisia is in the doldrums (and Saudi Arabia has overtaken it in recent years) it is still the second country in date exports. A decision such as that of vetoing the largest importer of dates in the world, Morocco, would have caused a violent restructuring of commercial networks around the globe. To all this we must add a key fact: the third country in date exports, Israel. Today (with or without a peace agreement) no one knows exactly what will happen to the tens of thousands of tons that the Hebrew country puts on the market each year. And that, logically, generates even more uncertainty. The important thing is in the details. In dates, for example. In recent days Steve Witkof and Jared Kushner (Trump’s special envoys) revealed that they were working to reach an agreement between Morocco and Algeria that would solve the Sahara issue. It is quite possible: the US president’s obsession with ‘ending all the world’s wars’ may have put a conflict like this in the spotlight. One, furthermore, that involves a traditional ally of Washington. However, dates show us that everything is more complicated than it seems. Is the delicate balance of the Mediterranean about to be blown up? We will see it in the coming months. Image | In Xataka | Morocco holds a new record: being the African country with the highest growth of millionaires in the last decade

The garbage rate has become the big hot potato of Spanish politics. In reality there is little unexpected

They call him the rubbish and, whether you like it more or less, what is undeniable is that the word sums up well the surprise that thousands of Spanish households have encountered when reviewing their accounts: suddenly their town councils have started charging them sums more than considerable for garbage collection or have skyrocketed their rates (in some cases going from 67 to 126 euros), which even it is already felt in the CPI. In reality there is little unexpected, if you take into account that it is something that can be seen coming (at least) from 2022. What there is behind it is debate… and doubts. What has happened? That Spain has seen how garbage became a huge political hot potato. And rightly so, if we take into account that thousands of homes spread throughout the country have found that the bill their city council passes them to finance waste collection has been shot. In some cities a new rate. The rise has been so forceful that it is already reflected clearly in the IPC and in some municipalities has provoked heated protests. The best example was left on Monday Cangas (Pontevedra), where a thousand residents gathered in front of the City Hall to protest against what has already been called (there and in the rest of the country) rubbish. The neighborhood anger escalated to such a level in the municipality that the councilors had no choice but to leave escorted by the police. But why is the rate more expensive? By the BOE. To understand it you have to go back to Law 7/2022 . Among other issues, the rule establishes that the town councils of Spain must provide themselves with “a tax or property benefit of a non-tax public nature, specific, differentiated and non-deficit that allows the implementation of a payment system per generation and that reflects the real cost, direct or indirect, of the collection, transport and treatment operations.” The wording is somewhat confusing, but at least it leaves two ideas clear. First, municipalities have to charge a specific bill focused on garbage. Second, the ‘polluter pays’ maxim must prevail, with a rate that covers “the real, direct and indirect cost” of the collection service. It is not a minor nuance if we take into account that in many municipalities the service was deficient and it was compensated via taxes. The Commonwealth of O Morrazo, for example (the one that suffered Monday’s protests) handles a report that reveals that its service suffered a deficit of about two million of euros. Why is it news now? Because the Law 7/2022 included another indication: it gave the town councils a maximum of three years to comply with this requirement, a period that ended at beginning of april. Since then, the municipalities with more than 5,000 inhabitants They are obliged to conform to the norm. Some, like Barcelona, they have been for years preparing the ground to soften the blow; but others have waited until almost the end. The majority of councils have in fact chosen to drag their feet and some have not yet adjusted, as is the case in Malaga either Balearics. Where the change has been noticeable is in Madrid. There the impact has been especially notable because in 2015 the then mayor (Ana Botella) decided “eliminate” the garbage rate for the sake of “less fiscal pressure on the citizen’s pocket.” After years with the amount included within the IBIresidents of the capital have encountered a Waste Management Fee that, according to the calculations published by the Consistory itself in October, will have an average cost of 141 euros for homes and 310 for commercial properties. Does it affect the pockets that much? The best way to answer that question is to use the INE. Its latest calculations on the CPI, corresponding to the month of September, show a year-on-year increase of 30.3% in garbage collection, the largest (by far) in a historical series dating back to 2008. The data far exceeds the general index (3%) and has in fact influenced its upward trend. It is an important nuance because, although the deadline set in the 2022 law has already ended, its guidelines have not been applied in all cities of the country. When that happens, it is not unreasonable to think that that 30.3% will be even higher. Why so much controversy? If he rubbish has raised such a political stir, it is not only because of the cost it entails for residents and businesses. The debate has revolved around more formal but equally important questions: Who is ultimately responsible for the increases? Is it the city councils with the formulas they apply when calculating it, is it the Government for promoting the 2022 standard or is it Brussels, through the community directives that cites the law itself? Some town councils, such as Alcobendashas already released statements to inform its neighbors that the new “mandatory” garbage receipts apply. The truth is that months before the deadline set by law expired, in October, the Spanish Federation of Municipalities and Provinces (FEMP) already demanded the Government to review a law that, in his opinion, is “complicated to understand and apply” and ignores municipal autonomy. Specifically, they asked the Sánchez Government for “a much clearer and more concise regulation that avoids the discretion of each local entity” and at the same time guarantees the objectives set by Brussels. Is that important? Yes. And for several reasons. The first because one of the topics that is raising the most debate about the rubbish They are the differences between cities and the risks that this implies. “It can be applied depending on the address, the number of people residing in the home, the cadastral value… There are many possibilities and without a guide we can end up with more than 8,000 different garbage rates, which will surely generate resources and even different criteria in the courts until the Supreme Court unifies doctrine,” explained already last December ABC the Association … Read more

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