Tariffs are already being charged to their first great victim of the global economy: the price of oil

In this tariff war, China He has decided to get back to the United States with tariffs of 84% to all imports. A blunt response of the Asian giant, which has charged its first victim by crossfire: oil. Price drop. The price of barrels is below Los 60 dollars and going down. As He explained Energy expert Javier Blas, the oil market is going through a perfect storm: on the one hand, the fall in global demand as a direct consequence of the tariff war, and on the other hand, The answer a few days ago of the OPEC+ to continue producing more, which causes the offer to continue increasing. If this situation extends, it could evolve towards a real supply shock affecting two giants. The matter is more complex. OPEC+ decided to increase its oil production despite the fall in prices due to tariffs and concerns of a global economic slowdown. The organization I was looking to recover the market share I had lost due to the previous cuts. In addition, the growing production of non -member countries and Failurers of the rules to raise the offer. It will be very expensive. In all this situation, Saudi Arabia is one of the affected giants because in its recent projects it is diversifying its economy with the initiative, Vision 2030. It is betting on an economic model that is disconnected from oil, but It is still your currency To continue financing their mega -structures, such as Neom. As have indicated from Reutersthe fall in prices threatens to cut tens of billions of state dollars, as is already being seen in the stock market of the state oil company, Saudi Aramco. The impact is capital, since Riad can be forced to increase his indebtedness or postpone large infrastructure projects. In fact, according to the same news agency, the International Monetary Fund has estimated that Saudi Arabia needs prices greater than $ 90 per barrel to square its accounts. The other giant. The fall in prices takes with him another great economy ahead: Russia. As He has warned for Reutersthe governor of the Central Bank, Elvira Nabiullina, that the escalation of tariff wars represents a clear risk for Russia due to the fall in crude oil prices. In his words, the continuity of the commercial conflict reduces global trade, slows down the world economy and, consequently, decreases the demand for Russian energy resources. In fact, with the current situation of war, the dependence of Moscow of oil and gas is key, but the data is showing how in March 17% fell and it is expected that in April it will continue to descend. From Moscow. Kremlin spokesman Dmitri Peskov has acknowledged that the oil market is going through an “extremely turbulent” situation, derived from commercial tension caused by the United States. Meanwhile, the price of raw Urals, the Russian referent barrel, is dangerously approaching to the threshold of 50 dollars By barrel, the lowest level in almost two years. As Oilprice has had accessRussian authorities have indicated that a technical fiscal rule will help mitigate the effects on the budget, but oil prices are in free fall. Forecasts. The price of oil can continue down with all the situation that is being experienced: wars, sanctions and territorial instability. All this affects perception Investor risk and without a clear OPEC+ response the price falls without brakes. Image | Javier Colmenero Xataka | For great technological tariffs are an existential threat: their empires depend on the “world system”

Malaga risks being a victim of his own tourist success. So your City Council already warns: it is reaching the limit

There are times when one figure says more than a thousand words, and in the case of Malaga tourism it seems to be fulfilled: last summer the hotels of the city welcomed some 418,000 travelerswell above 132,700 scored during the same months of 2005. And that is only what the INE records in its Hotel survey. What does that boom suppose for the municipality? Recently (in A report not thought to transcend the media) the City Council valued it with words of an unusual rotundity. He even suggests his concern. Black on white. Thus, frankly and without hairs on the tongue, it is how the City of Malaga has pronounced on the city’s tourist boom in A report Posted a few weeks ago. It is not frequent that this kind of documents, technical, usually arid and that they are part of the ‘internal cuisine’ of the local bureaucracy, become news. If he has done it, it is because of his tone. Malaga, “saturated”. That tourism has reached such a level of massification in Malaga that it begins to generate tensions is no novelty. In summer thousands of neighbors They went out To protest the saturation of the city, a problem that has aroused interest of the foreign press and Boarding the debate political. What is not as usual is that the Consistory exposes a scenario as stark as the Technical Report which he elaborated at the end of 2024. In it the local administration admits That Malaga “is experiencing unprecedented tourist saturation levels”, especially in the historic center, and warns: “This phenomenon causes certain areas to exceed its load capacity, negatively affecting both residents and visitors.” As if that were not enough, the document recalls that the massification of certain specific areas “congestion”, reduces the quality of life of residents and visitors themselves and affects the local economy. The other tourism invoice. “Tourism pressure can cause the expulsion of native business and added value, being replaced by souvenir stores and other shops oriented exclusively to tourists,” Add the text. “The increase in tourists promotes the appearance of illegal or low quality accommodations, affecting both the safety of visitors and the image of the city.” The document is included in The documentation of a public tender with which the City Council seeks precisely to “de -stationalize” the tourism of Malaga. And since it was signed, at the end of November 2024, it has caught the attention of both Andalusian media as of rest of Spain. Such has been its scope that the mayor of the city, Francisco de la Torre (PP), has had to clarify its content. Saturated, but only sometimes. A few days ago the councilor wanted to remove iron from the document from his own City Council clarifying that, In his opiniontourist saturation is just a specific problem, of “certain moments and days.” “Perhaps we must specify at certain times because it is not a permanent issue,” he says about the tower before remembering that the town hall already works to create “new centralities” in Malaga. In fact one of the targets of the tender that has unleashed the controversy seeks precisely that: activate alternative routes tourist that help Distribute the load of visitors, venting the center. Why is it important? For several reasons. The first is that there is an alarming idea that flies The report: The possibility that Malaga dies of tourist success. And Spain has already proven that this is not so difficult. Recently one of the most popular travel guides among the Angloplants He advised Its users visit Mallorca, Barcelona and the Canary Islands in 2025 precisely because of their massification. In the Malaga document, it is warned that saturation harms the locals, but also visitors, and can degrade “the experience” they have in the city. New yes, new no. Another reason is that the municipal report does nothing but confirm a problem, that of the Touristthat in Malaga has already generated several neighborhood protests, more expensive housing and obliged to the mayor a move token While the opposition claims a Hard response. In fact, the report that the Consistory has just published is not the first to warn of the risks of massification. In 2005 the OMAU Observatory already prevented “tensions” that could derive from “numerous tourist visits.” Since then the flow of travelers He has shot. Images | Jorge Fraganillo (Flickr) and Robert Lender (Flickr) In Xataka | Malaga receives British tourists with a manual. The city is filled with advertising remembering that they should go with clothes

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