Finance

Property portal Idealista reports that landlords have become more discriminatory with tenants because of the drastic shrinking of Spain’s rental housing. The latest data indicates that demand has surged by 319% since before the pandemic, and it has led to property owners conducting ‘rental castings’. Idealista spokesperson Francisco Iñareta warned that these processes have become the number one concern among …

PROPERTY sales and prices are continuing to surge in the Balearic Islands with two homes sold on Ibiza last year for record amounts of €50 million each. Both sales took place in Sant Joan de Labritja, according to the Balearics Government. The average price of real estate transactions across the islands in 2024 was €360,000 but there was an upturn …

Liang Wenfeng, DeepSeek founder. Credit: Shutterstock, Stock all China’s DeepSeek is an AI startup that has been growing rapidly. It operates under government strict surveillance. DeepSeek, which launched its R1 model in January, has been a national priority. Employees are now restricted from traveling, and the government is screening potential investors. Information. DeepSeek restricts employees’ travel According to reports, High-Flyer’s …

Close-up of euro banknotes featuring a German flag. German economy suffers a blow: growth is cut in half, despite massive budget increases. Credit: Shutterstock, RaffMaster Germany’s economic woes deepened today, March 17, as one of the country’s top think tanks halved its growth forecast for the year – despite a massive spending boost looming on the horizon. Munich is home …

This is the hotel that was chosen as part of the prize package for this year’s Oscar nominated nominees.  Cotton House Hotel in Barcelona, the capital of luxury and cosmopolitanism in Spain is one of the Oscar nominees for this year.  The Autograph Collection by Marriott hotel, located on Gran Via de las Cortes Catalanas in Barcelona, is a five-star …

Unlock White House Watch for free What the US elections in 2024 will mean for Washington, the world and Washington Spanish Prime Minister Pedro Sánchez, whose country is at the bottom of Nato’s military budget rankings, has called for a broader definition of defence spending to include cyber security, anti-terrorism and efforts to combat climate change. In his most significant …

Starmer’s AI takeover: Unions warn ‘don’t blame civil servants’ Credit: Shutterstock / Martin Suker Prime Minister Keir Starmer is poised to announce a ‘digital revolution’ in government that will encourage the use of artificial intelligence to handle tasks traditionally carried out by civil servants – with the promise of saving billions for the public purse. Unions, however, are not impressed …

A LANDLORD has listed a sofa on a popular rental platform for €450 per month in Estepona. Spain’s housing crisis has come into sharp focus in Estepona after a landlord posted a sofa bed on rental platform Idealista for €450 a month.  Posted this morning before being deleted, the ‘property’ was on Calle Dulcinea in the Parque Central area of …

Users of Bizum who are looking for easy and quick payments were warned against a new scam that is circulating in Spain. Money could disappear from users’ accounts before they realise what is happening. Spain is reporting that users have been scammed by a scam that targets online sellers. Cybercrooks are posing as interested buyers, offering to pay via Bizum …

Stock market plummets amid fears of a Trump trade war Credit: Shutterstock, metamorworks Wall Street was in a state of shock on Monday, 10th March as Donald Trump’s latest tariff tirade sent shockwaves throughout global markets. The Dow Jones plunged 890 points and was briefly on the verge of a 1,000 point drop. This would have been one of the …