The 7 news you need to know this Tuesday morning, March 14

Hello good morning!.

Oliver Thansan
Oliver Thansan
14 March 2023 Tuesday 00:43
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The 7 news you need to know this Tuesday morning, March 14

Hello good morning!

Today the new inflation data, which is so worrying, will be known. But it is the fear of a domino effect of financial crashes that grips the economy. It is already known: what matters more here is what is believed to happen than what really happens. In those it is. And for bad.

The facts. The public takeover of Silicon Valley Bank last Friday and then Signature Bank on Sunday has raised fears of a domino effect in the US ending in a 2008-like financial crisis.

The patch? Biden defends the solidity of the system. The Ibex 35, the main index of the Spanish stock market, fell 3.5% yesterday, dragged down by falls in Europe, especially Milan and London. We will see today. Europe does not see risks but "prudence" is called for.

Interest rates are, however, the first affected. Because there is a dilemma. Will the US Federal Reserve raise them 50 points as expected? Analysts: "It now seems ruled out." And the European Central Bank? The other way around. More uncertainty.

Chinese peace. Beijing is determined to intervene more globally. Even in Ukraine. Its first great success is seen in the Saudi Arabia-Iran détente: it benefits Yemen, Iraq, Syria and Lebanon. The region is strategic for Xi and vice versa. The world turns east.

What motion? The plenary session of the motion of censure promoted by Vox against Sánchez with Ramón Tamames as candidate will be called on the 21st and 22nd. Surprise?: the spotlight falls on the PP, which is trying to avoid the Vox-PSOE siege in the pre-election period.

More Negreira. The Higher Sports Council will also appear in the legal case for the payment for 17 years of Barcelona to the former number two of the Referees Committee. The club still does not clarify why. Doubts multiply. The stain spreads.

Without anti-smoking. 42% of Spaniards who smoke every day have tried to quit and lately a good part of their hopes have been pinned on Todacitan, a treatment that is expected to be achieved in 25 days. It's been out of stock for weeks. Labeling problems, it is said.

Juan Echanove, actor. "The anguish of disappearance is worse than the recognition of death." read it here

There are seven restaurants that are considered today "essential" to understand contemporary Spanish cuisine. Because the new Basque cuisine or the Bulli revolution are well-known examples, but not isolated phenomena. Everyone here.

The Oscars of the multiverse of Everything at the same time everywhere seem to signal a change of era in the cinema that goes, as always, by taste. We'll see if it settles. For now, it puts A24 on the map, the indie production company behind the winner and its already millionaire catalogue.

Teleworking promised them happy with the covid; After the pandemic, it has become more of a wish than a reality until it has become a labor workhorse. It is also feared that it is for equality.

Yan Xuetong, Dean of International Relations at Tsinghua University. "The cold war was ideological, the US-China one is technological." read it here

LOUÍS AMIGUET