Spain Financial News

El Salvador has introduced a $1,130 fee on travelers from 57 countries, including India, passing through its main airport. This measure, enforced since the end of October, has drawn attention due to its timing amid increasing pressure from the United States to manage migration flows heading towards its southern border. El Salvador's aviation authority has labeled the fee as an «airport improvement fee,» but the motive behind it remains unclear. Notably, the US has been urging Central American nations to take steps to control the flow of migrants reaching its border with Mexico. While El Salvador has not explicitly linked the fee to migration control, the country has acknowledged a rise in travelers from the specified nations this year. Most affected passengers are destined for Nicaragua, primarily on Avianca, a commercial airline. Nicaragua, with its lenient visa requirements, serves as a transit point for migrants from Haiti, Cuba, and Africa, aiming to reach the US. Earlier this year, an unexpected increase in migrants from Mauritania arriving at the US southern border puzzled officials. Investigations revealed travel agencies and social media influencers promoting routes through Morocco, Spain, and El Salvador before reaching Nicaragua. El Salvador's aviation authority and immigration agency lack specific data on the number of migrants from the listed countries transiting the country in 2023. The US embassy has not confirmed if it played a role in requesting the fee.

Spain’s securities market regulatory body said it had begun investigating its inaugural case pertaining to a potential violation of regulations governing large-scale advertising campaigns for crypto assets.

The National Stock Market Commission (CNMV), Spain’s principal securities market regulator, called out fraudulent crypto assets promos on X (formerly Twitter) and reiterated the obligation of companies to comply with local laws. 

ICC World Cup 2023 on November 12, the Indian batters demolished the Dutch bowling attack, as they ended up posting a mammoth total of 410/4 in 50 overs. This is the second time in the history of World Cups when India has registered a 400-plus score. The last time India posted a target of over 400 runs in a World Cup match goes back to 2007, when the team had scored 413/5 (50 overs) against Bermuda in the match played in Port of Spain.

A European company has cancelled plans to build blades for offshore wind turbines in coastal Virginia

By Belén Carreño and Joan Faus

Foreign luxury brands ranging from Swarovski, Coach, Jimmy Choo, Bulgari, Cartier, Gucci and many more have brought in new collection especially for Diwali. Swarovski's Diwali special collection includes Mesmera, Millenia, and Gema. The brand unveiled new pieces of Jewelry Collection with items ranging from jewellry, gifts, wactches, decorative items.

The United Nations Secretary-General is spearheading a multi-stakeholder High-level Advisory Body on Artificial Intelligence (AI). The initiative aims to harness AI's potential for humanity while addressing its accompanying risks and uncertainties as AI technologies proliferate internationally. The comprehensive approach seeks to foster a globally inclusive ethos by analyzing and advancing recommendations for AI's international governance.

By Alessandra Galloni

The National Securities Market Commission (CNMV) of Spain has opened its first crypto infringement case against local technology provider Miolos.

By Kylie Madry

The principal financial regulator in Spain, the National Securities Market Commission (CNMV), has opened its first case against a technology provider for violating crypto promotion rules in the country. 

statue of a dog whose true story of loyalty has made him a beloved mascot for generations. Hachiko, whose birth centenary is this week, belonged to university professor Hidesaburo Ueno. The faithful hound would wait at Shibuya station for his master to come home every day. Ueno died unexpectedly in 1925, but Hachiko continued to come to the train station to wait forlornly for Ueno for nearly 10 years until passing away in March 1935. The story, similar to that of 'Greyfriars Bobby' in 19th-century Scotland, touched the hearts of many locals, who pitched in money to build its statue in 1934, shortly before the dog's death. In World War II, the statue was melted down for the metal, but a new one was installed in 1948 and became a popular meeting spot. Today, locals and foreigners alike queue up to snap photos with the statue of the Japanese Akita dog, a popular breed with its own museum in Hachiko's birthplace of Odate. «I would like my dog to be waiting for me as long a time as he did,» Spanish honeymooner Omar Sanchez, 33, said as he snapped selfies with his wife and the statue. «The story is sweet.

Cambodians. Later, a parade of festive floats and marching bands passes in front of the Royal Palace and through downtown. The national colors of red and blue are displayed at night on the Royal Palace and other government buildings, just like they are on the flag featured in today's Doodle.

In the Mediterranean's olive-growing countries, the extreme weather caused by climate change is taking a toll

Republican presidential primary takes place on 8-10 p.m. Eastern time Wednesday. The debate, sanctioned by the Republican National Committee and hosted by NBC News, will be held in Miami. Where can I watch it? Several platforms will broadcast the debate: — NBC will show the debate.

Real Madrid is gearing up for a decisive group stage match against Braga in UEFA Champions League. A victory on Real Madrid’s home turf at the Estadio Santiago Bernabeu could ensure their place in the round of 16. Real Madrid defeated Braga in the last game and now the Spanish titans are looking to maintain their perfect start in the tournament.

Adrienne Arsht Center for the Performing Arts of Miami-Dade County, with NBC News broadcasting the final GOP debate live. The event is scheduled to take place on Wednesday from 5 p.m. to 7 p.m. PT, or 8 p.m. to 10 p.m. ET. This marks the first time in the primary campaign that the debate will air on national television, but for those who have cut the cord, it's still possible to stream the entire event live.

PARIS (Reuters) -World wine production is expected to fall to its lowest level in 60 years in 2023 due to poor harvests in the Southern Hemisphere and in some major European producers, the International Organisation of Vine and Wine (OIV) said on Tuesday.

MADRID (Reuters) — Euro zone banks' lending income is expected to be negatively impacted by a gradual increase in the remuneration of deposits, European Central Bank Vice-President Luis de Guindos said on Tuesday.

French infrastructure giant Vinci Group has boomeranged back to its former Aussie advisers for a run at Melbourne’s EastLink toll road, as the auction heats up before first-round bids.