Week #51/52

Welcome to our weekly newsletter! We bring you the most relevant news from December 15th to 22th, 2023. Get ready for an informative journey through the crazy world of economy, finance, and investment. And remember, if you enjoy what you read, don't hesitate to subscribe for more! ???

Spain: Renewable Progress and Economic Challenges ??????????? In Spain, we embark on a green journey ?? with significant investment in renewable energies, including the construction of wind parks ??? and solar plants ??. A bold step towards a more sustainable future! ?? Autonomous workers ???? enjoy a sweeter life ?? with a 10% deduction on unjustifiable expenses in IRPF, covering everything from meals ??? to phones ?? and teleworking ??. However, inflation ?? gallops to 7.4%, the highest since 1989, adding pressure on families ???????? and businesses ??. The public deficit ?? reduces to 1.72% of GDP, an encouraging sign. Facing this economic rollercoaster ??, the government deploys a package of anti-inflation measures, including fuel discounts ? and a VAT reduction on electricity ??.

United States: Recovery and Challenges ???????? Uncle Sam shows us two sides of the coin ??: a rising manufacturing production of 0.3% ??, a sign of economic recovery, but with inflation soaring to 7.5% ??, the highest in 40 years. The Federal Reserve ??, in a bold move, raises interest rates by 75 basis points, the largest increase since 1994. Meanwhile, crude oil production ??? remains robust, but prices struggle to surpass $80 per barrel ??.

China: Growth and Economic Challenges ???????? The Asian giant, China, surprises us with a GDP growth of 8.1% in 2023 ??, its best performance since 2010. However, inflation in China also marks 2.1% in December ??, the highest since March 2022. Despite being lower than other developed economies, inflation in China remains a challenge, especially in food ?? and service prices. The Chinese government responds with a package of measures to boost the economy, including tax reductions ?? and increased public spending ??.

Latin America: Challenges and Growth ?????? In Latin America, we face common challenges in 2024: economic slowdown, inequality, and rising debt costs ??. The ILO projects an unemployment rate around 6.3% ??♀?, with a trend towards labor informality. However, there's hope as the OECD urges the region to increase investment levels and quality for sustainable development ??. Inflation in Latin America and the Caribbean reaches 7.9% in December ??, the highest since 2002, and the region's economy is expected to grow by 2.1% in 2023 ??. In Argentina, the government announces a mega-decree with economic measures to address inflation and the energy crisis ??.

European Union and United Kingdom: Reforms and Assistance ???????????? In the European Union, a pact is closed for fiscal rule reform, focusing on flexibility ??. New regulations on migration and asylum are established ??. The EU's ban on Russian diamonds from January 1 significantly affects the global jewelry market ??. Inflation in the EU reaches 7.5% in December ??. The UK, for its part, approves an aid plan for families affected by the energy crisis, including discounts on energy bills ?? and increased aid for people in energy poverty ??.

Africa: Inflation and Economic Challenges ?????? Africa faces an inflation of 7.1% in December ???, the highest since 2008. The African Development Bank lowers its economic growth forecast for the continent from 4.1% to 3.7% ??. The African Union approves a $100 billion plan for economic recovery ??, while fertilizer shortages threaten agricultural production ??. The COVID-19 pandemic continues to affect the economy ??, and climate change exacerbates poverty and food insecurity ?????.

Rest of the World: Adaptation and Change ???? In Japan ????, inflation reaches 2.5% in December ??, while the Bank of Japan maintains interest rates at historic lows ??. In Australia ????, a package of measures against inflation is approved ??. The war in Ukraine ???? and geopolitical uncertainty negatively affect the global economy ??, pressuring commodity prices and increasing market tension.

The Race of Investments: From Batteries to Chips and Beyond ?????????????? This week has been full of gigantic movements on the global investment board. Let's take a walk through these news shaping the future! ??????

The Chinese Giant CATL and Its Master Move ???????? CATL, the Chinese battery colossus, has spent an impressive $2.9 billion to acquire Nexeon, an American battery manufacturer. More than a purchase, it's a statement of intent! This acquisition reflects the growing importance of batteries in automotive ?? and the increasing competition among manufacturers. Are we witnessing the dawn of a new era in battery technology? ????

General Motors and Its $35 Billion Bet ???????? General Motors, the veteran of the American automotive industry, announces a historic investment: $35 billion in electric and autonomous vehicles. This isn't just an investment, it's a revolution! GM is all in to lead the race to electrification ???. Is this the push the industry needs to shift gears towards the future? ??

Microsoft's Strategic Move in Cybersecurity ???????? Microsoft, the software giant, spends $5.2 billion to acquire Mandiant, a cybersecurity firm. With growing concern for digital security ??????, Microsoft is bolstering its walls and arsenals in this crucial field. Are we witnessing the strengthening of a digital fortress? ????

Volkswagen's Record Investment of 100 Billion Euros ???????? Volkswagen, the German automotive titan, announces a colossal investment of 100 billion euros in electric and autonomous vehicles. More than an investment, it's an industry earthquake! Volkswagen is marking its territory in the future of mobility ????. Is this the catalyst for a new era in automotive? ????

Intel's Big Leap in Chip Manufacturing ????????? Intel, the semiconductor giant, is building two new factories in Ohio for $20 billion. Responding to the chip shortage, Intel places its bets to secure production in the US ??????. Will this move balance the scales in the semiconductor industry? ????

And Beyond: From Norway to India ?????? Norway's sovereign wealth fund dives into electric mobility with a $10 billion investment in Lucid Motors ????????. Renault boosts the Spanish automotive industry with a 2 billion euro investment in electric vehicles ???????. TSMC, from Japan, responds to the chip shortage with a $12 billion investment in a new factory ?????????. And let's not forget Saudi Arabia's sovereign wealth fund investing $1 billion in Stripe ????????, and Tata Motors in India, investing $7 billion in electric vehicles ????????.

These news are clear signs that we are in an era of colossal transformations! The future is being written today, and these investments are the strokes that define the path. Let's closely follow these exciting developments! ????????

Bold Predictions: Our AI Takes the Lead ??????

Future and finance enthusiasts! Our AI of the future has peeked into the digital crystal ball and brings us forecasts that will shake the markets. Get ready for a journey through numbers that seem straight out of a sci-fi novel! ????

1. Nvidia: From Giant to Colossus ??????? Nvidia, the technological crown jewel, was making 12 trillion 5 years ago. This year, it notched an impressive 59 trillion and, hold on, in five years... it will skyrocket to 173 trillion! Are we witnessing the birth of a new tech titan? ??
2. Meta: A Trajectory of Exponential Growth ???? Meta, the architect of our virtual worlds, made 59 trillion 5 years ago. This year it closes with 134 trillion and, in the blink of an eye, is projected to 213 trillion in five years. It seems the digital universe has no limits for this company! ??
3. Tesla: Accelerating Towards the Future ?????? Tesla, synonymous with innovation and speed, went from 22 trillion 5 years ago to 97 trillion this year. But that's not all: in five years, it's expected to reach a stratospheric 261 trillion. Elon Musk, you're a numbers wizard! ??♂?
4. Microsoft: The Giant that Keeps Growing ??????? Microsoft, the software titan, isn't lagging behind. With 110 trillion 5 years ago, it will close 2023 with 212 trillion and, pay attention, is expected to reach 400 trillion in five years. Bill Gates, your legacy continues to expand like an ever-growing universe! ??
5. Alphabet: Growing by Leaps and Bounds ?????? Alphabet, the mother of Google, came from 137 trillion 5 years ago and will close this year at 255 trillion. But the real surprise awaits in five years, when it's projected to 426 trillion. This is indeed writing the alphabet of success with golden letters! ?
6. Apple: The Apple that Conquers the World ?????? Apple, the undisputed queen of technology, made 266 trillion 5 years ago and is expected to close this year at 383 trillion. But the apple keeps growing: in five years, it's expected to reach 542 trillion. Tim Cook, you're cooking a financial feast! ??
7. Amazon: Heading Towards a Trillion Dollars ?????? Amazon, the e-commerce giant, came from 233 trillion 5 years ago and this year will soar to 571 trillion. But the real shock: in five years, it's projected to reach a trillion dollars! Jeff Bezos, are you building an empire or a new galaxy? ??

And Apple's Bet on AI? ???? Although Apple continues to play mystery in AI, its strategy could be revolutionary, focusing on executing algorithms on its devices, adding a layer of security to AI use. This is indeed playing technological chess on multiple levels! ??

Remember, these are not financial recommendations, but forecasts made with AI. And in this crazy world of numbers and technology, there are always surprise factors. But one thing is certain: the future looks bright, exciting, and undoubtedly very profitable! ??????

#TheFinancialHelm #EconomyToday #Finance #Investments #cousy.business

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Happy returns and Merry Christmas. ????????