EFE Economic Day Topics for Wednesday March 20, 2024

America types

WASHINGTON – The US Federal Reserve announced its decision on interest rates and delivered its latest macroeconomic projections after wrapping up its March monetary policy meeting, days after learning that inflation rose to 3.2% in February.

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– China and Brazil decide whether to hold their interest rates.

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UE BCE

Frankfurt (Germany) – European Central Bank (ECB) President Christine Lagarde and the institution's Chief Economist Philippe R. Lane examines the evolution of the eurozone economy and prospects for higher interest rates. affecting growth and inflation.

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EU Air Transport

BRUSSELS – Major European airlines analyze the aviation sector's challenges at a time of uncertainty and global challenges, from competitiveness to carbonisation.

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Information agenda

9:00 am- Madrid.- Financial Meeting.- Rodrigo Buenaventura, President of the National Securities Market Commission (CNMV), speaks at the IV Financial Lab organized by El Español and Invertia. Camilo Jose Cela University Auditorium. C/ Almagro, 5.

9:00 am- Madrid.- Plenary Congress.- Government control session in the plenary session of Congress, with questions about the government's refusal to present the 2024 budget, the Treasury's plans to fight corruption and the rescue of companies during the pandemic. Others. (Text) (Photo) (Video) (Live)

9:00 am- Madrid.- KOLDO CASE.- Oscar Puente, Minister of Transport and Sustainable Mobility, appeared urgently before the plenary session of the Congress of Representatives to report on the responsibility of his department regarding the alleged collection. Several people, including a former adviser to the ministry, have been arrested in an investigation into illegal commissions to award contracts for the purchase of face masks during the coronavirus pandemic. (Text)

9:00 am- Bilbao.- WIND ENERGY.- Teresa Ribera, Third Vice-President of the Government and Minister for Environmental Change and Demographic Challenges, opens the WindEurope event, which brings together companies and organizations from the wind sector. (Text) (Photo) (Video)

9:30 am- Toledo.- RENEWable Energy.- The UNEF Photovoltaic Association celebrates its Bioacrovoltaic Conference, attended by, among others, Mercedes Gomez, Minister of Sustainable Development of the Government of Castilla-La Mancha. 'I Bioagrovoltaics Report' will be presented. School of Regional Administration, C/ Rio Cabriel, s/n.

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9:30 am- Madrid.- Electric Vehicle.- The Business Association for the Development and Improvement of Electric Mobility (Aedive) presents the 2023-2024 Electric Mobility Yearbook. Domingo Jimenez Beltran Room – Assembly Hall of the Ministry of Environmental Change

9:30 am- Madrid.- EURO YEARBOOK.- The Secretary General of the Treasury and International Finance, Paula Conthe, will participate in the presentation of the Euro 2024 Yearbook promoted by the ICO Foundation and the Spanish Institute of Analysts. Uriah Menendez Auditorium. C/ Principe de Vergara, 187.

10:00h.- Madrid.- CCOO UNIONS.- General Secretary of the CCOO, Unai Sordo, makes statements to the media ahead of the meeting of the CCOO Confederal Council, which will discuss and vote on its report on the political and economic situation. of the country. Lope de Vega, 38.

10:00h.- Madrid.- RATO CASE.- The investigation into the origin of the fortune of the Government Rodrigo Rato former Vice President of the Provincial Court, c/ Santiago de Compostela s/n continues in the Provincial Court.

10:15 am- Madrid.- Real Estate Market.- Presentation of Real Estate Market Report for Spain and Andorra 2023 by Engel & Volkers. This includes Juan-Galo Macia, Engel & Volkers President for Spain, Portugal and Andorra. C/ Génova, 27. 5th floor

10:30 am- Madrid.- BANCA EMOCIONES.- The Spanish company EMO Insights will present the official presentation of the “Study on Emotions in Banking 2024”, which will provide a comprehensive view of the experiences that have the greatest impact on relationships. The EMO Index® shows which companies are at the top in terms of referrals or simplicity, as well as which have grown the most over the past year.

11:00h.- Madrid.- Cryptocurrency markets.- Cryptocurrency trading platform Bidget presents a report on investment trends in the cryptoasset sector in Spain. (via Internet).

12:00h.- Madrid.- Electrical SECTOR.- Presentation of the new 2024-2026 strategic plan of Arteche. Rosewood Villa Magna Hotel in Madrid (P.º de la Castellana, 22).

1:30 pm- Barcelona.- CAVA Results.- Javier Pagés, President of DO Cava, will present the economic results for 2022 and share the evaluation of the Via Veneto Restaurant Regulatory Board. (Text)

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Madrid.- Land prices.- The Ministry of Housing publishes land price statistics corresponding to the fourth quarter of 2023. (Text)

International

Europe

8:00 am- London.- UK Inflation.- The Office for National Statistics (ONS) releases the British Inflation Index for February. (Text)

8:00 am- Berlin.- Germany Industry.- Germany's Federal Statistical Office, Testatis, releases manufacturing orders for January. (Text)

9:00 am- Munich.- BMW RESULTS.- BMW presents news for 2024 at a press conference and publishes its final report on financial results for 2023 (Text)

9:45 am- Frankfurt.- EU ECB.- President of the European Central Bank (ECB), Christine Lagarde; The European Union's chief economist, Philip R. lane; And member Isabelle Schnabel participates in a conference organized by the Goethe University Institute for Finance and Monetary Stability (text).

11:30 am- Frankfurt.- GERMANY DEBT.- Germany issues 30-year debt for 2,000 million euros (Text)

Brussels.- Social European Union.- Tripartite Social Summit (Text) (Photo)

Brussels.- EU AVIATION.- Major European airlines analyze the challenges of the aviation sector at a time of “uncertainty and global challenges”. (text)

Berlin.- Germany Economy.- Germany's Minister of Economy, Robert Habeck, concluded the “Europe 2024” conference.

America

12:00h.- Asunción.- PARAGUAY BROTEST.- Asuncion “For land and production and against all injustices” farmers, tribes and popular March XXX edition, Microcenter of Asuncion (Text) (Photo)

19:00h.- Washington.- Federal Reserve.- The US Federal Reserve announces its decision on interest rates and presents its latest macroeconomic forecasts. (Text) (Photo) (Video)

20:00h.- Panama City.- PANAMA CANAL.- The Panama Canal inaugurates a new water quality laboratory, describing it as “a step to strengthen the management” of the water resource, which is important for the operation of the affected channel. Due to severe drought, daily shipping was forced to be reduced. Miraflores Water Treatment Plant (text) (photo) (video)

22:30h.- Quito.- ECUADOR EU.- The Environment Commissioner of the European Commission, Virginijus Sinkevičius, meets the President of Ecuador, Daniel Noboa, in Quito to sign the loan at the European Investment Bank (EIB). Build a high voltage power link with Peru. Carondelet Palace (text) (photo) (video)

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23:00h.- Rio de Janeiro.- BRAZIL INTERESTS.- The Brazilian Central Bank announces whether it maintains or modifies Brazil's base interest rate, which stands at 11.25% after five consecutive cuts of half a point. (text)

23:00h.- Buenos Aires.- Argentina GDP.- The National Institute of Statistics and Census (Indec) publishes GDP after economic activity advanced by 2.7% in the fourth quarter of 2023. (text)

23:00h.- Buenos Aires.- Argentina Unemployment.- Argentina's National Institute of Statistics and Census (Indec) publishes the unemployment rate for the last quarter of 2023, after unemployment reached 5 in the third quarter, 7%.

Buenos Aires.- ARGENTINA ENERGY.- 50 years have passed since the opening of the Atucha I nuclear power plant in Argentina, the first in Latin America.

HAVANA.- CUBA AGRICULTURE.- XXV Edition of FIAGROP International Agro-Industrial Food Fair.

PANAMA CITY.- The Panama Canal.- The Panama Canal is opening a new water quality laboratory on Wednesday, describing it as a “step to strengthen management” of the water resource, which is critical to the operation of the route, which is now suffering from severe drought. It is forced to reduce daily shipping traffic. (Text) (Photo) (Video) (Live)

Asia

SHANGHAI.- China Rates.- The People's Bank of China updates its reference interest rates, known as the LPR. (Text)

Shanghai.- Geely Results.- The board of directors of Chinese auto giant Geely will meet to approve its earnings report for fiscal year 2023. (text)

SHANGHAI.- TENCENT RESULTS.- Chinese digital giant Tencent's board of directors will meet to approve the 2023 fiscal year earnings report. (text)

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