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Uses of Lithium: Lithium, also known as “white gold,” is a special mineral that has become increasingly valuable due to its use in the manufacturing of electronic devices and means of transport. While Latin America is a leading mining region for lithium, none of the three largest lithium mines in the world are located there. … Read more
Eroski, one of the largest supermarket chains in Spain, has announced that it will invest 100 million euros in 2022 and 2023 in its commercial margin to absorb the increase in costs and inflation without passing the burden onto the consumers. To further show its commitment to the customers, Eroski is launching a price war … Read more
How to Buy Treasury Bills: A Step-by-Step Guide Treasury Bills, also known as T-bills, have become a popular investment choice among private investors due to their profitability and low risk. If you’re interested in buying Treasury Bills, here’s what you need to know. What are Treasury Bills? Treasury Bills are short-term public debt securities issued … Read more
Savers in Spain are eagerly waiting for banks to improve the remuneration of their deposits. Despite the European Central Bank (ECB) raising interest rates four times in a year to reach 3%, Spanish banks have not shown any interest in capturing the savings accumulated by families during the pandemic. This article aims to explain why … Read more
Pressure Mounts on Banks to Repay Deposits as ECB and Bank of Spain Get Involved The European Central Bank (ECB) and the Bank of Spain have been applying pressure on financial institutions in recent days to repay their liabilities, with the expectation that this will lead to the launch of commercial offers in the coming … Read more
The Spanish banking sector has been undergoing significant changes since the global financial crisis of 2008. One of the most notable changes has been the reduction in real estate exposure by large Spanish banks. In the aftermath of the crisis, the Spanish economy suffered a severe blow, which led to a sharp decline in the … Read more
When Will Romania Join the Schengen Area? An Overview of the Current Situation Introduction Understanding the Schengen Area Romania’s Path to Joining Schengen Current Obstacles to Romania’s Schengen Accession Romania’s Progress Toward Schengen Accession Conclusion Introduction Romania’s accession to the Schengen area has been a topic of discussion for years. Despite meeting the necessary criteria … Read more
How to Use the “Rule of 72” to Double Your Money Rule of 72 The “Rule of 72” is a simple financial rule of thumb that can be useful for estimating the amount of time it takes to double your money. While it is only an approximation, it can be a helpful tool for investors … Read more
How to buy bills in the market without waiting for Treasury auctions. How Can I Invest in Treasury Bills on the Secondary Market? Acquiring Treasury Bills through Secondary Markets. Treasury bills are a popular investment option for individuals, especially due to their attractive returns. Recently, the Spanish Treasury held an auction for 6 and 12-month … Read more
January 2023 Budget Deficit of $39 Billion Reported by US Treasury Department. The United States’ Budget Deficit for January: An Overview The United States government recently reported a budget deficit of $39 billion for the month of January. The Treasury Department has been implementing extraordinary measures for cash management, but the future remains uncertain if … Read more