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Search resuls for: "Emma Pinedo"


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MADRID, June 23 (Reuters) - Spain's competition watchdog urged political parties to give this institution better tools to look into potential anticompetitive practices between banks when setting deposit rates for savers, its chair Cani Fernandez said on Friday. Spanish banks offer the lowest household deposit rates among the euro zone's large economies, igniting demands from the government, supervisors and clients to pass on higher interest rates for savers. "A tacit collusion is a hole in our system of tools to tackle (this issue) in markets with little competition," Fernandez said. She added that other European countries, such as Germany and the UK, had better tools to look into these commercial practices. On Friday, the Bank of Spain Governor Pablo Hernandez de Cos said it was up to the CNMC to look into that matter.
Persons: Cani Fernandez, Fernandez, smartly, Pablo Hernandez de Cos, Jesús Aguado, Emma Pinedo, Kirsten Donovan, Louise Heavens Organizations: Bank of Spain, Thomson Locations: MADRID, Spanish, Santander, Germany
MADRID, June 22 (Reuters) - The European Central Bank will need to raise interest rates by another 25 basis points in July to combat inflation but the path afterwards remains unclear, ECB policymaker Pablo Hernandez de Cos said on Friday. De Cos added that given the "high uncertainty ... we will continue to take our decisions depending on the data and, in particular, on the aggregate assessment of the inflation outlook, the dynamics of underlying inflation." Euro zone inflation has been moderating for months, courtesy of lower energy prices and the steepest increase in rates in the ECB's 25-year history. But it remains unacceptably high for the ECB at 6.1% in May, with underlying price growth only just starting to slow despite signs economic growth is stagnating. Reporting by Jesús Aguado; additional reporting by Emma Pinedo; editing by David Latona and Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.
Persons: policymaker Pablo Hernandez de Cos, Christine Lagarde, De Cos, Jesús Aguado, Emma Pinedo, David Latona, Conor Humphries Organizations: European Central Bank, policymaker, ECB, Thomson Locations: MADRID, Spanish, Santander
Ombudsman to investigate if Spain delayed migrant rescue
  + stars: | 2023-06-23 | by ( ) www.reuters.com   time to read: +2 min
MADRID, June 23 (Reuters) - Spain's ombudsman is to investigate the sinking of a dinghy headed to the Canary Islands from Morocco on Wednesday after more than 30 migrants were feared dead. Migration-focused organisations Walking Borders and Alarm Phone criticised Spain and Morocco this week for not intervening earlier to rescue the vessel's passengers. Two people, a child and an adult man, were found dead while 24 migrants were rescued by Morocco, Spain's maritime rescue service said. The ministry statement said the maritime rescue service complied with international search and rescue procedures. "At no time did the Moroccan authorities ask Spain's rescue service for assistance or mobilisation of resources, except in the final moments when the mobilisation of a helicopter was requested.
Persons: Emma Pinedo, Aislinn Laing, Alison Williams Organizations: Borders, United Nations, Transport, Thomson Locations: MADRID, Canary Islands, Morocco, Spain, Spain's, Melilla, Spanish, Madrid, Rabat
Canary Islands officials said on Thursday that during the night emergency services had assisted 114 migrants in two boats. At least 559 people - including 22 children - died in 2022 in attempts to reach the Canary Islands, according to data from the U.N.'s International Organisation for Migration. JUNE SURGEThere has been a rise in arrivals in the Canary Islands this month. Only in June, close to 2,000 people have arrived," said Canary Islands migration lawyer Loueila Mint El Mamy. Spanish government data showed 5,914 people arrived in the Canary Islands between January and mid-June this year, a 31.5% drop compared to the same period last year.
Persons: Borja Suarez ARGUINEGUIN, Aita Mari, SMH, Nadir, Emma Pinedo, Corina Rodriguez, Aislinn Laing, Frances Kerry Organizations: Gran Canaria, REUTERS, Maritimo, Italian Coast Guard, for Migration, Loueila, Islands, Reuters, Inti, Thomson Locations: Spanish, Arguineguin, Gran, Spain, Islands, West Africa, Moroccan, Morocco, Lanzarote, Lampedusa, Saharan Africa, Canary Islands
One turtle laid 80 eggs in the town of Denia on Saturday, and another laid 62 in Gandia on Monday, which are both in the eastern Valencia region, the Oceanographic Foundation said. Loggerheads turtles used to nest mainly in the eastern Mediterranean, in countries such as Turkey, Cyprus and Greece, but for some years the coasts of Spain, France and Italy have been recording an increased presence of loggerhead turtle egg clutches. Warmer waters have attracted the turtles, biologist Ana Liria, head of ADS Biodiversidad, a charity based in Gran Canaria, told Reuters in April. When those turtles grow up, they will form part of program to help their survival. The remainder of the eggs were taken to a protected beach in the Albufera Natural Park to avoid contact with passers-by.
Persons: Read, Ana Liria, Emma Pinedo, Joan Faus, Sharon Singleton Organizations: University of Valencia, Oceanographic Foundation, Gran Canaria, Reuters, Thomson Locations: Gandia, Valencia Spain, MADRID, Denia, Valencia, Turkey, Cyprus, Greece, Spain, France, Italy, Gran, Tunisia
Ferrovial says Dutch relocation could damage brand in Spain
  + stars: | 2023-06-15 | by ( ) www.reuters.com   time to read: +2 min
MADRID, June 15 (Reuters) - Ferrovial's (FER.MC) decision to move its holding company to the Netherlands to try to speed up a U.S. listing could have an adverse impact on its brand in Spain, the company said in a document published on Thursday. The operation "could potentially have a negative impact on its brand in Spain, which, in turn, could have a material adverse effect on the group's competitive position," it said. The reverse merger, under which its Dutch subsidiary Ferrovial International SE (FISE) has absorbed holding company Ferrovial, was fully completed on Thursday. In the website prospectus, Ferrovial said Spanish tax authorities could decide the merger falls outside a special tax regime for holding companies that allows dividends and capital gains from the transfer of shares from subsidiaries to be exempt from taxation. Ferrovial on Thursday had no comment beyond the published document.
Persons: Ferrovial, Rafael del Pino, Nadia Calvino, Corina Pons, Emma Pinedo, Charlie Devereux, Sharon Singleton, Barbara Lewis Organizations: Ferrovial, Thomson Locations: MADRID, Netherlands, U.S, Spain, Amsterdam, Madrid, Ferrovial, Spanish
MADRID, June 14 (Reuters) - Spanish startup PLD Space has signed a memorandum of understanding with France's Arianespace to develop joint services to launch small satellites into orbit, the Spanish company said on Wednesday. The agreement will allow PLD Space to offer its customisable services to Arianespace customers, it said in a statement. It plans to gradually increase its capacity to 10 to 12 launches per year by the end of this decade. Europe's efforts to develop capabilities to send small satellites into space are in focus after a failed orbital rocket launch by Virgin Orbit from Britain in January. Arianespace, which launches satellites from French Guiana, is majority owned by ArianeGroup, a joint venture between Airbus (AIR.PA) and Safran (SAF.PA).
Persons: France's Arianespace, Ezequiel Sanchez, Safran, Emma Pinedo, Inti Landauro, Mark Potter, Richard Chang Organizations: Virgin Orbit, ArianeGroup, Airbus, Thomson Locations: MADRID, Spanish, Spain, Britain, Guiana
Pig prices soared in Europe last year as output was cut by farms squeezed by high grain and energy costs. The EU pork industry has been buffeted in the past decade by a Russian trade embargo, the westward spread of African swine fever and the COVID-19 pandemic. "We're continuing to add costs to the overall pork production chain," Justin Sherrard, global strategist for animal protein at Rabobank, said. That may mean EU pork exports, whose share of production more than doubled to 21% between 2000 and 2020, have peaked. But an inflationary economy may make consumers less ready to accept rising pork prices and deepen a shift towards chicken as a cheaper, more convenient option.
Persons: Carole Joliff, Joliff, Jean, Paul Simier, AKI, We're, Justin Sherrard, slaughterhouses, Klaus Kaiser, FICT, Rabobank's Sherrard, jamon serrano, prosciutto, Tim Koch, Gus Trompiz, Forrest Crellin, Michael Hogan, Johannes Birkebaek, Emma Pinedo, Toby Sterling, David Evans Organizations: European Union, Commission, Rabobank, BLE, Danish Crown, AMI, Thomson Locations: PARIS, Brittany, Europe, Russian, Hungarian, China, Japan, Denmark, Netherlands, Danish, France, Brazil, United States, Germany, EU, Paris, Hamburg, Copenhagen, Madrid, Amsterdam
Juventus deny withdrawal from Super League project
  + stars: | 2023-06-06 | by ( ) www.reuters.com   time to read: +1 min
MADRID, June 6 (Reuters) - Juventus have not withdrawn from the European Super League (ESL) project, the Italian club said on Tuesday following a media report that they had sent Real Madrid and Barcelona a letter informing them of their departure. But Juve added that they will discuss with Real and Barca, the other clubs remaining in the project, a potential exit. "Juventus will proceed with any communications due under the law following the outcome of the discussions and evaluations (regarding a potential exit)," the club said. A spokesperson for the Super League was not immediately able to comment. The breakaway Super League was formed in April 2021, when 12 of Europe's top football clubs launched a bid to wrestle control of the game and its lucrative revenue away from European soccer governing body UEFA.
Persons: Barca, David Latona, Elvira Pollina, Joan Faus, Emma Pinedo, Janina Nuno Rios, Inti Landauro, Ken Ferris Organizations: Juventus, European Super League, Real Madrid, Juve, Real, Barca, UEFA, Super League, League, Manchester United, Manchester, Tottenham Hotspur, Arsenal, AC Milan, Inter Milan, Atletico Madrid, Thomson Locations: MADRID, Barcelona, Manchester City, Liverpool
MADRID, June 2 (Reuters) - An investigation by the Spanish Catholic Church into child sexual abuse by members of the clergy and non-clerical staff has so far identified 728 alleged abusers and 927 victims since the 1940s, according to its first report. "We acknowledge the harm caused," said Jose Gabriel Vera, the spokesman for the Spanish Bishops' Conference. "We want to know what went wrong in the selection of candidates for the priesthood, what went wrong during their training...what has led a person who decided to give himself to God, to give himself to sexual abuse," Vera said. According to the victims - most of them male - more than 63% of the alleged abusers have died. Reporting by Emma Pinedo and Miguel Gutierrez Editing by Andrei Khalip and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.
Persons: Jose Gabriel Vera, Vera, Emma Pinedo, Miguel Gutierrez, Andrei Khalip Organizations: Spanish Catholic Church, Bishops ' Conference, El, Thomson Locations: MADRID, Spain, El Pais, U.S, Ireland, France
Guardia Civil/Handout via REUTERSMADRID, June 1 (Reuters) - Spanish police raided three clandestine tobacco factories early this year, seizing nearly 40 million euros ($44 million) worth of tobacco leaf and illicit cigarettes. This operation is one of dozens across the EU that regional policing and anti-fraud agencies say have driven seizures of illicit cigarettes to record levels. It may have been further accelerated by the war in Ukraine, which for years has been a production hub and transit route for illicit tobacco, OLAF added. TOBACCO INVESTIGATORSThe industry has responded by hiring investigators to research illicit operations and share intelligence with European authorities, executives at Japan Tobacco, BAT and Imperial Brands told Reuters. "A good many workers from Ukraine have been found in these illegal factories," Japan Tobacco's Byrne said about counterfeiting operations across the EU.
Persons: who'd, OLAF, Cyrille Olive, Philip Morris, Olive, Europol, Vincent Byrne, Byrne, Japan Tobacco's Winston, Alex McDonald, Ernesto Bianchi, McDonald, Japan Tobacco's Byrne, They're, they're, Richa Naidu, Emma Pinedo, Emilio Parodi, Matt Scuffham Organizations: Guardia Civil, REUTERS, Spanish, EU, BAT, Imperial Brands, Japan Tobacco, Philip Morris International, Reuters, Marlboro, America's Dunhill, Supplies, Investigators, Mobile, Thomson Locations: Seville, Spain, Guardia, REUTERS MADRID, Alfaro, Europe, Ukraine, British American, France, Netherlands, Portugal, Slovenia, Denmark, Czech Republic, Ireland, Japan, China, Asia, EU, Russia, Belarus, Roda de Ter, Barcelona, Spanish, Italy, Pomezia, Russian, Moldovan, London, Madrid, Milan
PLD Space's test is set to be its first step in the race to put small satellites into space and capture a slice of a potential trillion-dollar market. The launch from a military aerospace research centre in Huelva, southern Spain, would have been the first in Western Europe by a private company. Europe's efforts to develop capabilities to send small satellites into space are in focus after a failed orbital rocket launch by Virgin Orbit from Britain in January. PLD Space's "Miura 1" rocket, named after a breed of fighting bulls, is as tall as a three-storey building and has a 100-kg (220-lb) cargo capacity. Reporting by Jon Nazca and Inti Landauro Editing by Emma Pinedo and Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Persons: Miura, Read, Jon Nazca, Emma Pinedo, Mark Potter Organizations: Virgin Orbit, Inti, Thomson Locations: Spanish, El, Almonte, Huelva, Spain, HUELVA, Western Europe, Britain, French Guiana
MADRID, May 22 (Reuters) - Spanish soccer has a racism problem, football federation chief Luis Rubiales said on Monday, after Real Madrid lodged a complaint following alleged insults hurled at their Brazilian star Vinicius Jr. It is "a serious problem that also stains an entire team, an entire fan base, an entire club, an entire country." "Probably Vinicius is more right than we think and we all need to do more about racism," Rubiales said. Real Madrid said on Monday they have lodged a hate crime complaint following the incident in Valencia. It is the 10th episode of alleged racism against Vinicius that has been reported to prosecutors this season, according to LaLiga.
Summary ECB boss says bank needs to be 'courageous' to control pricesLagarde hints at more tightening despite critical momentMADRID, May 19 (Reuters) - The European Central Bank needs to keep interest rates high to curb inflation in the medium term, its president Christine Lagarde said on Friday, signalling more monetary tightening. The ECB slowed the pace of rate hikes this month with a 25-basis-point rise, but Lagarde indicated the cycle was not over. "We still have to have sustainably high interest rates, so it's a time when we have to really buckle up and look at this target that we have and deliver on it," Lagarde told Spanish state television TVE. The ECB has a medium term inflation target of 2%. Lagarde, who did not elaborate on potential further hikes, said: "Our goal is simple and straightforward: price stability.
Mick Jagger's daughter Jade fined for attacking police in Spain
  + stars: | 2023-05-19 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Designer and model Jade Jagger poses during the inauguration of her exhibition "Don't take it personally" at Studio 57 gallery in Paris, France, July 6, 2017. REUTERS/Gonzalo Fuentes/File PhotoMADRID, May 19 (Reuters) - A Spanish court on Friday ordered Jade Jagger, the daughter of Rolling Stones singer Mick Jagger, to pay 2,200 euros ($2,422) in fines and compensation for attacking a police officer on the island of Ibiza. The 51-year-old jewelry designer was arrested on Wednesday along with a man following an altercation at a restaurant in the island's capital, Ibiza Town. In Spain, prison sentences under two years are generally suspended if the defendant has no prior convictions. ($1 = 0.9084 euros)Reporting by Emma Pinedo; Editing by David Latona and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.
A Sherpa fell on Carlos Soria, injuring his tibia, a message posted on his behalf on his Twitter and Facebook accounts said. The climber, who was on his 15th attempt on Mt Dhaulagiri, was preparing to make a push for the summit when the incident occurred, the Himalayan Times newspaper said. Sherpa guides were bringing him down to base camp, for him to be evacuated to Kathmandu by helicopter, Guragai added. Soria has successfully climbed 12 of the world's 8,000-metre peaks and had the Dhaulagiri and Tibet's Shishapangma left to become the oldest climber to reach the summits of the planet's 14-highest peaks. Writing by Emma Pinedo; Editing by Aislinn Laing and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
[1/2] Spanish farmers in Catalonia stage a tractor go-slow protest against the effect of drought in Lleida, Spain May 9, 2023. REUTERS/Albert GeaMADRID, May 10 (Reuters) - Spain will ban some outdoor working during extreme heat conditions, Labour Minister Yolanda Diaz said on Wednesday, as the country faces high temperatures more frequently as a result of climate change. The ban will be in place when the national weather agency AEMET issues an alert warning about a severe or extreme risk of high temperatures. The measure will affect outdoors working such as street cleaning and agriculture, the Labour Ministry added. So far this year, Spain has recorded 11 hotter-than-normal days, more than twice the number typically observed during a full year.
During a four-year investigation, authorities uncovered more than 250 illegal wells, bore holes and ponds in the Axarquia area in Andalusia, which has been hit by drought since 2021. Spain is Europe's biggest producer of tropical fruit, which requires large volumes of water. Producers estimate that avocado production will drop by 25% this year due to high temperatures and a lack of water. Spain registered the driest and warmest April since records began, according to the national weather agency AEMET. The average water level in reservoirs in Catalonia and Andalusia - the worst hit areas - stands at around 25%.
Evidence at the Caleta de Arriba site points to a violent death centuries ago which could pre-date the 15th century Spanish conquest of the archipelago off northwest Africa. This is a funerary practice that denotes very strong symbolic violence," explained Veronica Alberto, head of the excavation. [1/6] Archaeologist Veronica Alberto from Tibicena, an archaeology company, works on the extraction of human remains, in Galdar, on the island of Gran Canaria, Spain March 9, 2023. Without objects to help establish the period, scientists are waiting for radiocarbon dating tests on the bones. All six had strong arms, suggesting they were involved in the same type of physical activity.
MADRID, May 5 (Reuters) - Spain's Supreme Court upheld a four-year prison sentence and a 24-million-euro ($26.44 million) fine handed down to a local businessman for environmental damage caused while operating an open-cast coal mine in northern Spain. The court said the mine's activity damaged more than 400 hectares of land and that Alonso made no effort to repair it. Alonso, in a previous court hearing, had said he had not been aware of the extent of the damage caused by his company. Coto Minero Cantabrico was previously known as Minero Siderurgica de Ponferrada. ($1 = 0.9076 euros)Reporting by Emma Pinedo; editing by Charlie Devereux and Susan FentonOur Standards: The Thomson Reuters Trust Principles.
[1/5] A field of grass is seen cracked by the drought during scorching summer temperatures in spring in Ronda, Spain April 27, 2023. REUTERS/Jon NazcaCORDOBA, Spain, April 28 (Reuters) - Mainland Spain and Portugal have broken temperature records for April, as the Iberian neighbours swelter in an early-season heatwave that has exacerbated a long drought in some regions. Spain's absolute April record remains the 40.2 C reached in 2013 on Gran Canaria in the Canary Islands. In neighbouring Portugal, the temperature in the central town of Mora reached 36.9 C, breaking the record of 36.0 C set in April 1945, its weather agency said. Temperatures started dropping on Friday in Portugal but the heatwave persisted in parts of Spain.
ALCARACEJOS, Spain, April 27 (Reuters) - Residents of a small town in southern Spain gathered at the main square to collect drinking water as large swathes of the Iberian Peninsula braved unseasonally hot weather that have exacerbated a long drought. Meteorologists expected temperatures to hit almost 40 Celsius (104 Fahrenheit) in some areas of Spain this week. She recalled times when they had running water for only a few hours a day, but never needing to carry the bottles home. [1/5] A bird walks at the Sierra Boyera Reservoir, which is at 0.01% of its capacity, in Belmez, southern Spain, April 26. Residents can receive up to five litres (1.3 gallons) per day from a truck that drives through the affected villages.
Once revered for his role in Spain's transition to democracy, he is now seen as a liability for his son, King Felipe. After eight minutes standing next to the bronze bear figure, Miranda removed his unauthorised statue - 170 cm (67 inches) tall and made of polyurethane and modelling clay covered with metallic paint resembling patina on bronze. The Bear and Strawberry Tree - the official symbols of Madrid - are photographed by thousands of tourists daily in the middle of the Puerta del Sol square. Miranda will have an exhibition in Madrid next month which will include images of the performance in Puerta del Sol. Reporting by Emma Pinedo, editing by Andrei Khalip and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.
MADRID, April 26 (Reuters) - Spain aims to set up a set of regulations for artificial intelligence during its rotating presidency of the Council of the European Union, Economy minister Nadia Calvino said on Wednesday. Calvino added that such future rules must not stop AI development, but ensure privacy protection. Spain is preparing to take on the rotating presidency of the Council of the European Union in the second half of 2023. Reporting by Inti Landauro. Writing by Emma Pinedo, editing by Andrei KhalipOur Standards: The Thomson Reuters Trust Principles.
REUTERS/Juan MedinaMADRID, April 24 (Reuters) - Spain on Monday will dig up the body of Jose Antonio Primo de Rivera, founder of the fascist Falange movement that supported the Francoist regime, and remove it from a mausoleum carved into a mountainside near Madrid. Last year, the Valley of the Fallen was renamed Valley of Cuelgamuros - the original name of the site - under Spain's new Democratic Memory law. "It's another step in the resignification of the valley," Presidency Minister Felix Bolanos told reporters in Barcelona on Friday. The son of dictator Miguel Primo de Rivera, who governed Spain from 1923-1930, Jose Antonio was shot by firing squad in November 1936 by left-wing Republican forces in Alicante. Franco, a conservative general, and Primo de Rivera, a flamboyant playboy, had little love for each other, according to Francos's biographer Paul Preston.
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