Spain
‘Coolcations’ had another big summer. Here are the places travelers went
Extreme temperatures are driving travelers to seek cooler destinations. And there’s a term for the trend: “coolcations.” Heat waves — which are increasing in frequency, duration and intensity, according to the U.S. Environmental Protection Agency — are affecting where people are choosing to vacation, especially during the hot summer months. “Often, when we think of vacation, […]
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UniCredit’s pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
Key Points European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking union Italy’s UniCredit has ratcheted up the pressure on Frankfurt-based Commerzbank in recent weeks as it seeks to become the biggest investor in Germany’s second-largest lender with a 21% stake. The Milan-based bank, […]
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Water shortages are likely brewing future wars — with several flashpoints across the globe
A ship stranded in the growing salt flats of Lake Urmia in Iran. Hamed | Afp | Getty Images The diminishing availability of water resources across the globe should be considered one of the most pressing environmental security challenges of the century. That’s the view of one military geography and environmental security specialist, who recently […]
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Strong Tesla Megapack sales will boost this renewable stock, BofA says — giving it over 50% upside
Grenergy , a Spain-listed renewable energy company, is a promising investment opportunity in the rapidly expanding energy storage sector, according to Bank of America. The Wall Street bank said it believes the company’s focus on utility-scale battery projects will see it benefit from the growing demand for grid-scale energy storage, a trend underscored by Tesla […]
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Italy looks like fertile ground for a mega merger deal in banking
Key Points “If you assess individual banks in Italy, it’s difficult not to believe that something will happen, I would say, over the next 12 months or so,” Antonio Reale, co-head of European banks at Bank of America, told CNBC. Speaking in March, Italy’s Economy Minister Giancarlo Giorgetti said “there is a specific commitment” with […]
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She spent four months in France and Spain on a $6,000 budget
In 2023, Rowena Hennigan came to a difficult but necessary conclusion — she needed an extended break from work. Hennigan was dealing with disrupted sleep, anxiety, brain fog — all normal symptoms of menopause – but it was wreaking havoc on her work and her mental health. She said she tried exercise, a new diet, […]
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EU countries divided on Chinese EV tariffs in vote, Reuters reports
Pictured here is a Zeekr electric vehicle charging station in Dongguan, Guangdong province of China, on Nov. 14, 2022. Vcg | Visual China Group | Getty Images European Union governments exposed divided views on the merits of EU tariffs on imports of China-built electric vehicles in a non-binding but still influential vote, sources with knowledge of the vote said on Tuesday. The European Commission, which oversees […]
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Protests will ‘absolutely’ spread if European cities don’t address overtourism, says UNESCO official
Protests in Spain will spread if European officials fail to address mass tourism’s negative effect on the lives of residents, UNESCO’s Peter Debrine told “Squawk Box Asia” on Monday. “It’s turning into a very volatile situation,” said UNESCO’s senior project officer for sustainable tourism. “Civil society coming and trying to make change is very important, […]
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Barcelona residents call for ‘tourism degrowth’ to combat overtourism
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Civil groups behind June protests are calling for higher tourism taxes, cruise ship restrictions and tighter control of the short-term rentals that have disrupted Barcelona’s housing market. Source
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Barcelona protesters throw goods and spray travelers with h2o although shouting ‘tourists go home’
Mass tourism difficulties hit fever pitch in Barcelona on Saturday as protesters threw things and sprayed travelers with water guns and canned beverages, when shouting “tourists go house.” The protesters — indignant about the city’s very long-standing challenges with overtourism — used thick law enforcement-design tape to block resort entrances and sidewalk cafes in the […]
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