EFE Economic Day topics for Thursday, January 18, 2024

Davos Forum

Davos (Switzerland) – CEO of the company that created ChatGPT, Sam Altman, co-founder of OpenAI, will participate in a session this Thursday where they will talk about the importance of secure technology when facing the new challenges that arise. The era of artificial intelligence.

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Davos Financial Forum

Davos (Switzerland) – Nadia Calvino, President of the European Investment Bank (EIB) and former Economic Vice President of Spain, will join Christine Lagarde, President of the European Central Bank (ECB), in a discussion on financial integration in Europe. ; The chairman of Eurogroup, Paschal Donohoe, and executives of major corporations.

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– Foreign Ministers of Poland, Romania and Lithuania, together with the Vice-President of the European Commission, discuss the current situation in Russia and its future prospects in Davos.


Spanish trade

MADRID – The Ministry of Economy, Trade and Commerce publishes the trade balance through November, showing that the trade deficit in the first ten months of the year was reduced by 42% year-on-year to 34,732 million euros.

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Unions of Iberia

MADRID – Iberia and the UGT and CCOO unions are yet to agree on staff providing ground handling services ('handling'), although there is a small difference before the company manager meets with Ena Airport this Thursday morning. Decides to outsource this service.


Information agenda

9:00 am- Madrid.- Foreign employment.- The Ministry of Inclusion, Social Security and Migration publishes the attachment data of foreign workers for the last month. (text)

9:00 am- Madrid.- Industry Billing.- The National Institute of Statistics (INE) publishes the Industrial Turnover Index for the month of November 2023 (text)

9:00 am- Madrid.- Transport Mobility.- Minister of Transport and Sustainable Mobility, Óscar Puente, speaks at an informative breakfast organized by the Nueva Economia Forum. The introduction of the event will be given by José Manuel Álvarez Bueno, Minister of Foreign Affairs of the European Union and Cooperation. The Ritz Hotel. Plaza de la Lealtad, 5. (text) (photo) 8video)

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10:00 am- Madrid.- SPAIN TRADE.- The Ministry of Economy, Trade and Commerce publishes the trade balance until November 2023. (text)

10:00h.- Madrid.- Risk Insurance.- MARSH presents the “Global Risk Report” prepared every year together with the World Economic Forum and the Zurich Insurance Group, which analyzes, among other things, the risks that may occur. The use of artificial intelligence, as well as climate, sustainability or geopolitical conflicts. Royal Tower. Paseo de la Castellana, 216, 24th floor.

10:00h.- Madrid.- ROAD TRANSPORT.- The platform for the safety of the transport sector presents a press conference on the initiatives agreed on Facebook, among others, to bring together the autonomous road freight transport. “Extreme situation in the sector”. Hotel Los Arts. Paseo de los Arts, 15. Pinto.

10:00 am- Madrid.- AIR TRANSPORT.- Turespaña publishes a report on international air passengers related to the month of December 2023.

10:00 Market Outlook Bestinver Delivers Quarterly Letter for Fourth Quarter 2023

10:30 am- Madrid.- Public Finance.- The General Council of Economists of Spain (CGE) and the Foundation for Applied Economic Studies (Fedea) organize an information session on the budget, debt, deficit and their consequences. YouTube (Text)

10:45 The Spanish Treasury holds an auction of bonds and obligations

11:00 am- Madrid.- RATO CASE.- The investigation into the origin of the fortune of former Vice President of the Government Rodrigo Rato Provincial Court, c/ Santiago de Compostela continues in the Provincial Court.

11:00 am- Madrid.- Housing Finance.- Minister of Housing and Urban Agenda Isabel Rodríguez discusses the distribution of funds in housing matters with the Autonomous Communities. (photograph)

11:30 am- Barcelona.- Electric vehicle.- Coches.net and Ganvam present an annual study of the behavior of electric vehicles in the used market until the end of 2023.

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17:15h.- Madrid.- UGT UNIONS.- UGT celebrates the conference: 'The future of employment, employment with the future'. At 5:15 pm, Joaquín Pérez Rey and Cristina Estévez, Secretary of Institutional Policy and Regional Policy of the UGT, will speak. UGT Assembly Hall. Avenida de America, 25.

Madrid.- OIL BULLETIN.- The European Union publishes its weekly report on fuel prices. (Infographic)




10:00 am- Frankfurt.- EU Balance of Payments.- The European Central Bank (ECB) releases Balance of Payments data for November 2023 in the Eurozone. (text)

10:15h.- Davos.- DAVOS FORUM.- CEO of Repsol, Josu Jon Imaz, participates in the debate on the energy transition at the Davos Forum. (text)

11:00 am- Davos.- DAVOS FORUM.- OpenAI CEO Sam Altham participates in a discussion at the Davos Forum on “Technology in a Volatile World”. (text)

12:00h.- Paris.- OECD Unemployment.- The OECD publishes unemployment rates for its member countries and the system as a whole.

2:00 pm- Paris.- Electricity interconnections.- French network operator RTE analyzes the importance of interconnections to contribute to a sustainable and decarbonized electricity system in Europe, in a briefing to journalists.

3:00 PM- Davos.- Davos Forum.- Spain's Minister of Economy, Trade and Tourism, Carlos Badi, participates in a discussion at the Davos Forum. (Text) (Photo) (Video)

16:15h.- Davos.- DAVOS FORUM.- Nadia Calviño, President of the European Investment Bank (EIB), participates in a discussion at the Davos Forum, with Paschal Donohoe, President of the Eurogroup; Christine Lagarde, President of the ECB and Christian Sewing, CEO of Deutsche Bank. (text)

17:30h.- Davos.- DAVOS FORUM.- Managing Director of the International Monetary Fund, Kristalina Georgieva, will participate in a discussion on artificial intelligence.

Brussels.- FLOOR CLAUSES.- Laila Medina, Attorney General of the CJEU, published her decisions following the preliminary judgments presented by the Spanish Supreme Court regarding mortgages with floor clauses. Forced the customers to refund the abusive and improperly charged amount.

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13:00h.- Rio de Janeiro.- BRAZIL ECONOMY.- The Central Bank publishes the results of Brazil's Economic Activity Index (IBC-Br) in November 2023, considered a preview of the behavior of GDP. (text)

2:00 pm.- Rio de Janeiro.- Brazil Agriculture.- The National Supply Company (Conab) has released its first forecast for the Brazilian coffee harvest for 2024. (Text)

2:00 PM.- Caracas.- Venezuela Demonstrations.- Public workers in Venezuela have resumed their protests this month for what they describe as “hunger” wages and improved worker benefits. Unionists explain that the trust will revalue their income. (Text) (Photo) (Video)

23:00h.- Buenos Aires.- ARGENTINA TRADE.- Argentina presents the volume of trade transactions relative to December, in November it recorded a trade deficit of 615 million dollars, compared to a positive balance of 1,360 million. Same month in 2022. (Text)

Washington.- USA BIDEN.- US President Joe Biden is going to North Carolina to give a speech about his economic initiatives. (Text) (Photo) (Video)

Bogotá.- COLOMBIA INDUSTRY.- The Colombian government publishes the industrial production index for November 2023.


4:00h.- Jakarta.- Indonesia Motor.- Chinese manufacturer BYD holds a conference to reveal its plans to introduce electric passenger vehicles in Indonesia, where the brand's electric buses are already in use.

HYDERABAD.- India Aviation.- 'Wings India 2024' air show kicks off in India with 1,500 delegates from 106 countries to explore global partnerships and investments in the aviation industry.



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