Economy
Almaraz owners formally request extension until 2030
Carmen González Image generated by AI
Iberdrola, Endesa, and Naturgy have formally requested the Ministry for Ecological Transition to extend the Almaraz nuclear plant's life until June 2030. The government will forward the request to the Nuclear Safety Council for evaluation. This move comes amid political and economic tensions, with regional support ahead of elections in Extremadura.
French assembly debates 2026 budget amid fiscal tensions
The French National Assembly continues debates on the 2026 finance bill, slowed by numerous amendments and divisions over tax increases. A poll shows 64% of French people expect the budget's rejection, fearing government censure more than the president's resignation. Sébastien Lecornu's government sticks to not using Article 49.3, leaving it two months to secure a majority.
Soybean prices exceed us$400 in chicago after us-china agreement
Soybean prices surpassed US$400 per ton in the Chicago market following an agreement between the United States and China, under which the Asian country committed to purchasing American grains. However, local prices fell in Rosario. Experts warn of potential negative impacts for Argentina and Brazil.
Sura investments promotes investing bonuses to strengthen savings
During a virtual forum, Sura Investments experts recommended directing bonuses and aguinaldos to investments to boost savings and wealth. Companies are accelerating savings incentives to retain young talent in a competitive market. The balance between spending and saving was emphasized during the holiday season.
Investment minister sees GEM opening as milestone in cultural and economic progress
Minister of Investment and Foreign Trade Hassan al-Khatib stated that the opening of the Grand Egyptian Museum (GEM) coincides with a notable boom Egypt is experiencing across all domains, creating positive global momentum toward Egypt. He emphasized this event's alignment with Egypt's leadership in global affairs and economic improvements.
Fitch maintains Ecopetrol's national rating at AAA
October 30, 2025 23:37French growth rises 0.5% in third quarter
October 30, 2025 19:57Marcos: Trump and Xi Jinping meeting to color APEC summit
October 30, 2025 19:53Experts urge national framework for caregiving in Nigeria
October 30, 2025 17:52Men in Spain match women's weeks of birth leave for the first time
October 30, 2025 15:06Industry ministry launches new national industrialization strategy
October 30, 2025 13:46Nigeria's ai strategy gains momentum with key investments
October 30, 2025 11:18Township entrepreneurs deserve parity in R1-trillion economy
October 30, 2025 05:06Motorcycle sales in Colombia rise 37% in nine months
October 30, 2025 01:28Finance minister explains reasons for issuing PP 38 of 2025
Analysts expect Banco de la República rate to stay at 9.25%
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Analysts agree that the Banco de la República's Board will keep the interest rate at 9.25% in its October 31, 2025 meeting. This stems from persistent inflation and fiscal risks, despite the recent US Federal Reserve rate cut. Annual inflation hit 5.18% in September, above the 3% target.
BSP forecasts October 2025 inflation at 1.4% to 2.2%
The Bangko Sentral ng Pilipinas projects the inflation rate for October 2025 to fall within 1.4% to 2.2%. Upward pressures stem from higher prices of rice, fish, vegetables, electricity rates, and peso depreciation against the US dollar. These are expected to be offset partly by lower prices of oil, meat, and fruits.
Veja awards top 30 best companies in Brazil in inaugural ranking
Revista Veja Negócios held the first edition of the TOP30 – Best Companies in Brazil ranking, in partnership with Austin Rating, awarding companies from 30 sectors based on financial statements from 2022 to 2024. The event took place at Hotel Palácio Tangará in São Paulo, with Governor Tarcísio de Freitas in attendance. The awards recognized financial results, exemplary governance, and sustainable growth.
Bank of Japan holds policy rate at 0.5%
The Bank of Japan decided on October 30 to keep its policy rate at 0.5%. Citing economic uncertainties from U.S. tariff hikes, it maintained a cautious stance. This was the first meeting since Prime Minister Sanae Takaichi took office.
Forum highlights value of economic census after 34 years in Colombia
At the LR Forum 'Behind the Economic Census: Innovation and Value for Colombia', Dane experts and analysts highlighted the importance of the 2024 economic census, with preliminary results set for November 11, 2025. After 34 years without updating this data, the study will map productive units across the country, especially benefiting small producers. Its role in informed decision-making and microenterprise formalization was emphasized.