Block the export of the most valuable rare lands

For many years China has produced More than 90% of rare earths. Australia, Vietnam, Myanmar, Canada, Brazil, Tanzania or the US, among other countries, also produce these metals, but the largest deposits located so far of these elements reside in China. And, curiously, the country led by Xi Jinping too The processing industry dominates to which it is necessary to submit rare earth so that they can be used. So much so that its quota if we stick to the global processing industry amounts to 90%. Anyway, with a production of at least 70% of the global market and a 90% control of the rare earth processing industry, China has the pan well grabbed by the handle. As much as the US and its allies. In fact, during the last year and a half this Asian country has used its dominance over rare earths as a pressure tool over its rivals. On December 21, 2023, the administration led by Xi Jinping decided to restrict export of some of its rare earth processing technologies, and this was only the tip of the iceberg. China has completely arrested the export of rare criticisms The last kick linked to these important metals was given by China to the US on April 4. Just 24 hours after Donald Trump announced the taxes that he was going to apply to the importation of most products from abroad, the administration led by Xi Jinping replied. And he did it with forcefulness. In early December 2024 He chose to prohibit The export of some critical minerals to the US, among which were three essential metals for the chips industry: Gallium, Germanio and Antimony. Just ten days ago the Chinese government added two more critical metals to its list of export restrictions: Scandio and Disposio Just ten days ago the Chinese government added two more critical metals to its list of export restrictions: Scandio and Disposio. These chemical elements are probably less known than metals prohibited by China previously, such as Gallium or Germanio, but are at least as important as the latter because They have a fundamental role In the industries of integrated circuits, telecommunications and the manufacture of storage devices. Now, just a week and a half later, the administration led by Xi Jinping has not hesitated to take another step forward with the purpose of putting in check, in addition to the industries that I just mentioned, those of electric cars, aeronautics and advanced armament. And is that, according to The New York Timeshas effectively suspended, in addition to the export of the most valuable rare earths, that of high -power magnets that have a critical role in the industries that I have cited in this same paragraph. On April 4 China announced that it would take this step, but it is now when the Chinese authorities are retaining in the ports throughout the country not only rare earths, but also High power magnets Acquired by electric cars manufacturers throughout the planet, aerospace companies, chip factories and armament companies. Many of these organizations have high -power magnet reserves made with rare earths, but possibly only allow them to subsist a few months. USA and their allies are trying rebuild rare earth supply chain To deactivate the ability to exert China, but in all likelihood they will not be able to implement these changes in the short term. Image | Peggy Greb, US Department of Agriculture More information | The New York Times In Xataka | The US will not be able to contain the technological development of China. Experts from the chips industry forecast it

The US has finally formalized the 104% tariff to China. Act then Apple has ceased to be the most valuable company

There is no truce for large technological ones. This same afternoon, The White House has made official A 104% tariff to imports from China. The decision, which marks a new tension peak in the commercial war that Donald Trump unleashed, has not taken to agitate the markets. The consequences have been immediate. Apple, the great victim. Although in Spain it is almost midnight, in The east of the United States the markets have just closed with red numbers. Apple led the falls with a collapse of almost 5% in a single daywhich adds to the accumulated retreat of 23% since this new wave of tariffs began last week. The company has seen how its stock capitalization fell to 2.59 billion dollars. That decrease has been enough for Cupertino’s firm to lose the most valuable quoted company title in the world. The throne is again for Microsoft, which has closed the day with an even more pronounced fall (-7%), but with a slightly higher capitalization: 2.63 billion. A rivalry that remains alive. In the last five years, Apple and Microsoft have alternated several times the leadership in the markets. However, since mid -2024, Apple had established itself at the top, benefited by the good behavior of their income and the trust of investors. Microsoft, meanwhile, suffered a correction in the middle of last year, when doubts began to emerge about the sustainability of their investments in artificial intelligence. The market feared that the expense was excessive and unprofitable in the medium term. Falls in chain. The punishment has not been exclusive to Apple. Other great technology have also closed in red. Nvidia, third company for stock market capitalization globally, has dropped 1.37%. Amazon has retreated 2.62%, while Alphabet (Google) has lost 1.78%. Nor has Asml, the Dutch giant of the semiconductors, who has suffered a 3.32%drop. The origin of the conflict. It all started last week, when the Trump administration decided to reactivate commercial pressure on China with a 34% tariff on certain products. The measure was presented as a “reciprocal” action, but in Beijing it did not like. The Ministry of Commerce responded with a warning: “If the United States insists on following its own path, China will fight until the end.” Trump imposed an ultimatum: if China did not turn before Tuesday, it would impose a new 50%tariff. Beijing did not yield, and Washington either. In fact, in the last hours it had been leaked that the Chinese government even valued the distribution of American films as a form of symbolic retaliation. The result: confirmed climbing. The lack of agreement has led to the announcement that the markets have exploded: the new 50% tariff comes into force on Wednesday, shortly after midnight in Washington. In addition to existing taxes, the total exceeds 104%. Images | Xataka with chatgpt In Xataka | The US tariffs are already hurting two of the companies that support Taiwan’s economy: TSMC and Foxconn

OpenAi already prepares agents of AI capable of replacing the most valuable employees. And plans to charge $ 20,000 per month for them

Many feared that AI stole their work. However, new leaked data In The Information They raise a quite different situation, because the prices that OpenAi shuffles for their future advanced agents is absolutely extraordinary. $ 20,000 per month for an AI agent. According to this medium, Openai plans to launch several AI agents oriented to various tasks and scenarios. And the more advanced and specialized, the more expensive they will be. In fact, the most expensive they are talking about would be an investigating agent with the level of a human doctorate, and that would cost $ 20,000 per month. Hiring AI employees will not be cheap. There are other agents such as the qualified as a “knowledge worker with high income” that will have an estimated price of 2,000 dollars per month. If what we want is subtitUOpenai’s proposal will cost $ 10,000 per month. Agents who will work at all hours. The theoretical advantage of these agents is that they will be able to do a theoretically impeccable job, but they will also do it at all hours, without breaks or breaks, without weekends or vacations and without getting bad. If they are really able to do the job as well (or better) as a human being in that position, the investment may come out very profitable. There is no estimated date. It is not clear when these agricultural IAS will be launched or when they will be available for companies, but in The Information they point out how SoftBank – a versor in Openai – has committed to invest 3,000 million dollars in OpenAi agents this year. And OpenAi needs a lot of money. Those expensive subscriptions would leave the current Chatgpt Pro plan of 200 dollars a month, but are of course the road that OpenAi has to become profitable. Today, like most AI companies, OpenAi is burning money and spends much more than he enters. The Plan: Be profitable in 2029. Internal data were leaked months ago according to which OpenAI I hoped to be profitable in 2029. To achieve this they have a fairly simple plan: offer increasingly faces that will make users who want to access their most advanced AI models pay small fortunes monthly. The AI ​​revolution will face. If we listen to these new rumors, it will be better for companies to prepare for the future. One in which they may have the option of “hiring AI employees”, but They are better to be profitablebecause everything indicates that their salaries will be high. Image | Techcrunch In Xataka | “I have three years of work”: more and more IA managers believe that AI will end up removing the position

There was a time when poop moved the economy of half the world. His name was Guano and taught Peru a valuable lesson

Throughout history, humanity has interested in different resources. Maybe the Gold fever It is the best example to see how the obsession with a specific one unleashes the madness in those who seek to make it its main source of income, arramping with everything they find without thinking that it can be bread for today, and hunger for tomorrow. With the case of gold it is logical, but … Did you know that something very similar happened with excrements of sea birds? This is the story of the guano, the ‘white gold’ that transformed the Peruvian economy for both better and bad. White gold. Friedrich Wilhelm Heinrich Alexander von Humboldt was a man with a lot of free time. Born in 1769, this German was a philosopher, scientist, geographer, naturalist and explorer, among other things. During a trip through South America in 1802, Humboldt He visited the Peruvian coast and was interested in how the premises used a white element as substratum For crops. His name was Guano, and it was the result of the dry excrements of sea birds. HE says That, walking through an area where there was a lot of stored guano, he began to sneeze out of control, and it was his curiosity that encouraged him to send samples to Europe to study his components. What happened next is not something that caught us by surprise at this point: pre -Columbian civilizations were generations using the substrate, Europeans found that the guano was a magnificent fertilizer and began to be interested in him. Pass. The guano is literally fertilizer. His own name “Wánu” in Quechua means “fertilizer”, and really had a unique composition to enrich soils. This guano was a wonderful result of the conditions of the area. The mixture between the dry climate of the Peruvian and Chilean Islands, the composition of the rocks on which they fell and the excrement fruit of the marine diet of the birds resulted in a compound Rich in nitrogen, phosphorus, calcium and potassium. It was ideal for improving the health of plants and promoting their growth, so European and American farmers began to pay close attention to the substrate. The reason? The increase in the population was causing an overexploitation of the fields, which led to its exhaustion and a series of unsuccessful crops. You had to find a miraculous solution, and the guano had all the ballots to be that solution. Peanut mine. The two territories began to exploit the resource based on good. Between 1840 and 1880, the demand for the guano exploded and the Peruvian islands became a very precious good. The United States and the ‘Old Continent’ carried dozens of ships with this white gold and Peru came nothing wrong. In those 40 years, Peru exploded about 11 million tons of guano, with estimated revenues of about 38 million dollars. That decontextualized amount may not tell us too much, but the guano’s income allowed the country to develop with ports, railways and roads. Not surprisingly, the first year of exploitation of the guano, the appeal contributed 5% of the income to the country. Facing the last decade of Bonanza, that input It was 80%. A real barbarity. The “Guano War”. It was so popular that the United States, to anyone’s surprise, believe The Guano Law of 1856, for which any American citizen could claim uninhabited islands that had guano deposits. This led to the private appropriation of a hundred of islands in the Pacific and the Caribbean, but the thing became serious between 1879 and 1884. It was when the “Guano War”, A conflict between Peru, Chile and Bolivia for the control of the richest deposits of both Guano and Salitre. As a result, Chile attached some very important enclaves, such as the Atacama desert (which today is one of its wonders for the production of renewable energy), and things for Peru began to change course. Interestingly, the nations that entered that war had been allied against Spain, where guano control was also an important point in the Hispanic-Sudamerican War. To produce, beautiful And crisis. Peru focused so much on the export of the guano that, when the fever sent at the end of the 19th century, the country entered In an economic crisis. It is not that the world stopped wanting Guano, since it was still a very precious resource, but there were two reasons that led the main buyers of the substrate to look the other way. The first was that the reserves began to exhaust and the rate of production could no longer be maintained. The second was that synthetic fertilizers began to appear that could be more or less efficient, but above all they were cheaper because they did not have to bring them through dangerous crossings of thousands of kilometers by boat. The lesson in the Peruvian economy was that they could not focus on a single resource and its economy could not depend From something like that, which highlighted the need to diversify to avoid similar situations in the future. Present. Now, the Guano is still an excellent fertilizer and not only produces the Pacific Sea Birds. The bat guano also has fantastic properties such as fertilizer (in addition to being easier to obtain). And the resulting of the excrement of seals and penguins is also highly valued, but also a very expensive resource because the populations are diminishing. In the end, the Guano played an important role not only in the economy of the countries involved, but at the beginning of the modernization of agriculture, by stimulating investment in fertilizers and, when they began to scarce, to the development of artificial fertilizers. The cycle is repeated. On the other hand, it was One more example How from the Old Continent exploited the resources of Latin America, using local labor under conditions of almost slavery for the benefit of the stranger. And, writing these lines, it is impossible not to draw parallelism with the Rare earth At … Read more

The most valuable company in the world has no interest in investing in data centers fever

Big tech are investing Absolute fortunes in data centers. Almost all seem to be prepared to meet the colossal demand for computing capacity for AI tasks. And yet, there is a curious and surprising exception. Money, money and more money. In recent days, several large technology have announced their investment plans by 2025. In all cases astronomical budgets for the construction of data centers for AI: Microsoft were announced: Microsoft He spoke of 80,000 million dollars, Google of 75,000Goal of 65,000 And at the end of the week Amazon exceeded all those figures and promised to invest 100,000 million dollars In this area. To get a slight idea of ​​what that figure supposes, a comparison: GDP Bulgaria was of 102,407 million dollars in 2023 (that of Spain, 1.62 billion). Apple. However, in Apple things are very different, and their capex planned for 2025 will remain almost flat compared to 2024 and will be 12,000 million dollars. It is a remarkable figure, of course, but is far from its competitors in the field of AI. And it is the one that has the most money. It is also interesting to compare the investment that these companies will make regarding their Market capitalization. Amazon is the strongest bet here: its capex is 4.12% its current market capitalization, followed by Meta and Google. Microsoft is somewhat more cautious (2.63%), but it surprises again that Apple, which is the world’s first company for market capitalization, has a capex of only 0.35% of all its value. Wall Street rules. The decisions of these companies seem to be very influenced by the behavior of stock markets. The presentation of financial results and short -term forecasts has caused a kind of contagious effect: if we do not invest a money in data centers, shareholders are going to punish us a lot, they seem to have said the Big Tech with those colossal figures. The great beneficiary is Nvidia. Meanwhile, it is likely that the great beneficiary of these colossal investments is Nvidia, which will be the one that will receive a good part of that money if everything follows the current trend. There will undoubtedly other beneficiaries in this area, but the Capex de Nvidia is comparatively ridiculous, both with respect to these companies and Regarding its current market capitalization (3.18 billion dollars). It is estimated that in fiscal year 2025 it will be about 3,000 million dollars, a quarter of the Apple, for example. In 2024 his capex It was barely 1,000 million dollars. Apple goes to another rhythm with AI. The firm of Cupertino seems clearly to have a very different strategy than that of its rivals in this segment. He has barely offered news since he presented Apple Intelligencewhose options are limited and whose deployment is being slow. The feeling, even internally, is that In Apple they are clear followers And that at the moment will not change. Image | Ekapol With Midjourney In Xataka | Is Tim Cook the Apple Ballmer and Nadella is the Microsoft Jobs?

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