Coronavirus in Burgos: Burgos adds another death from covid and fails to lower than one hundred daily infections

The province of Burgos does not manage to descend from one hundred new daily cases of covid-19. This Friday, April 30, according to data provided by the Ministry of Health, Burgos communicates 111 new cases of the infection of which 96 were diagnosed the day before. With these figures, Burgos is the province of Castilla y León that registers the most cases of the disease this day, followed by León with 65 cases.

Another sad data is that of deaths. If on Thursday no death from covid-19 was reported in the hospitals of the province, this Friday a new one is added. With this death, there are already 701 people who have died in Burgos hospitals since the pandemic was decreed.

For its part, in nursing homes the number of deaths related to covid-19 remains stable at 366 with confirmed infection and 109 deaths with compatible symptoms but without diagnosis. In these centers of the province, no resident remains isolated due to symptoms compatible with the disease.

Covid-19 outbreaks

Regarding the active covid-19 outbreaks in the province, the Ministry of Health confirms 86 outbreaks, the highest number in the region, when the previous day there were 72 active shoots. The number of cases linked to active outbreaks is 548 compared to 461 on Thursday.

Vaccinations for nursery school teachers will arrive when those over 60 are covered

Situation in hospitals

In the last 24 hours, Burgos hospitals have discharged from hospital to 12 patients with covid-19. Since the pandemic was decreed, 3,989 discharges have been granted to patients with this infection.

Currently there 78 patients with covid-19 hospitalized in the province, 70 in the University Hospital of Burgos, four in the Santos Reyes de Aranda and another four in the Santiago Apóstol de Miranda. In addition, there are 19 patients with the disease in the ICU.


Erdogan’s moves offer little reward | Opinion

Turkey has resisted the temptation to cut borrowing costs, for now. The new head of the central bank, Sahap Kavcioglu, on Thursday kept the main rate at 19%, while hinting at a possible relaxation.

Tayyip Erdogan’s apparent goal of easing monetary policy falters. In March, he abruptly replaced the governor, Naci Agbal, who had raised rates that month by 200 basis points, the third dismissal from the post in two years. Kavcioglu seemed more inclined to please him, having argued that high rates can cause, rather than slow down, inflation.

So far, you have avoided any rough action. But you are setting the stage for relaxation. He spoke of keeping rates above inflation. Since the annual exceeded 16% in March, you can raise them up to 300 points. Meanwhile, the promise of March to maintain a tight monetary policy “for an extended period” disappeared.

But Turkey is worse than before. The lira has lost more than a tenth of its value against the dollar since the appointment. And, having spent more than $ 100 billion in 2020 to shore it up, the bank only has $ 10 billion in net foreign exchange reserves, the lowest level since 2003, giving it little ability to fight a sell-off. Also, the Turks are avoiding it in warehouses.

That means inflation can continue to rise. The growing current account deficit, of 2.6 billion dollars in February, is another cause for concern, especially since the restrictions mean that tourism will suffer again this year, which will hurt exports. Kavcioglu is unlikely to be able to slash rates without risking rising inflation, or even a currency crisis.

Your biggest problem is a lack of credibility. Société Générale estimates that another $ 5.9 billion of capital will leave Turkish assets in the short term. The central bank’s twists and turns make a rate cut even more risky.

The authors are columnists for Reuters Breakingviews. Opinions are yours. The translation, of Carlos Gomez Down, it is the responsibility of Five days


What Will Happen If The British Parliament Rejects The Agreement …

The British deputies approved this Thursday, March 14, Theresa May’s proposal to request a postponement of the Brexit date, the duration of which will depend on whether, to the third. All the news about Brexit published in EL PAÍS. Information, news and last minute about Brexit. The same British Parliament, which has already rejected former Prime Minister Theresa May’s Brexit deal three times, will now vote on the plan put forward by his successor, Boris Johnson, who. Comprehensive Training Portal based on market analysis, prioritizing the training, education, education of those who want to know the financial markets, and develop strategies for decision-making based on analytical tools. It is currently a. – Or delay Brexit. The only sensible translation of this is, “Please give us a concession that we can accept and we will vote on May’s deal and stop bothering you.”

British Parliamentarian Brexit Raise Or Lower Forex

Brexit: British Parliament Postpones Decision

The dispute between the British prime minister and Parliament over Brexit exposes the pulse between British institutions. At BBC Mundo we tell you what the function of each one is and what. A no-deal Brexit – or hard Brexit – means that the UK would exit the European Union if another MP can show they have the support of the majority of Estimated Reading Time: 6 mins.

Brexit: 4 questions about what happened in the British Parliament with Boris Johnson’s agreement to leave the EU (and what comes next) Estimated Reading Time: 6 mins. Brexit Glossary – Jargon and Brexit Terms Explained GBP / USD Suffers the Roar of the US Dollar and the Brexit StumbleAuthor: Daniela Sabin Hathorn.

Forex News; Pound rises on Brexit hopes. Pound rises on Brexit hopes. Barbara Zigah in ju regarding the rules involving trade and fishing as long as the European Union agrees to lower some of its demands related to access to fishing and alignment.

Plans for Brexit with or without an agreement from the British prime minister suffered a severe blow on Tuesday and the option of early elections was put on the table. We present one to you. What is Brexit and other 5 basic questions to understand the United Kingdom’s exit from the European Union. Editorial Office * BBC News Mundo; December 12 Updated January 31 LONDON – Britain took an important step on the road to Brexit after the House of Commons passed a bill on Thursday authorizing the country’s exit from the European Union at the end of the month.

Lawmakers voted up and down to pass the exit bill, which sets the terms on which Britain will leave the bloc.

This is what happened when the Brexit law was passed in March, The Lords introduced two amendments to that law to ensure the rights of EU citizens residing on British soil and for Parliament to have the last word to approve or reject the agreement to exit the United Kingdom from the community bloc.

He asks the independent parliamentarian to withdraw it. Brexit Secretary Steve Barclay says it’s time to “move on” with Brexit.

Barclay goes on to say that people. The UK Parliament has rejected the possibility of a no-deal, messy Brexit and will now vote on a proposal to request an extension. The British Parliament postponed a decision on whether to back a deal with the European Union, changing the government’s plans to consummate Brexit on October 31. After an end of last week where the prospect of a hard Brexit seemed likely, the beginning of this seemed to calm the waters, and GBP / USD is up a% today, adding a% in what.

The British have two models to look to to find a formula for a softer Brexit. It would be a question of continuing in the single market and in the customs union. Or one of the two. Despite the news, and a Brexit process that remains unresolved, the GBP / USD pair rises more than 0.85% to 1, in Monday’s session, although at the start of the day of.

On January 22, the British Parliament definitively approved the Brexit project, currently promoted by the Prime Minister of the United Kingdom, Boris In this sense, the United Kingdom’s exit from the European Union (EU) is only one step of becoming law, since the initiative must be approved by the European Parliament and await the royal consent.

Guy Verhofstadt MEP, a Brexit leader in the European Parliament, on Monday called on British lawmakers to “find a compromise today and end the chaos.” On Friday, May let the prospect of an early election plan to break the lockdown.

Brexit: 44% Of Brits Support An “All … Brexit”

Cascade of resignations in the cabinet, distrust in and out of London and a vote of no confidence that staggered the prime minister. The exit of the United Kingdom from the European Union in. Economy Minister Philip Hammond has said he would have millions of pounds to lower taxes or raise public spending if the British Parliament avoided a Brexit without.

The FTSE is trying to recover some of yesterday’s slide, with an improvement in market sentiment fueled by a weaker pound on a crucial day for Brexit negotiations. Johnson promises to consummate the ‘Brexit’, with or without an agreement, by launching his campaign to succeed Theresa May The butane cylinder rises 4.86% and will cost 12.74 euros.

For all practical purposes, suspending Parliament from September 10 to October 14, as Johnson claims, would leave a minuscule margin for MPs to reverse a possible Brexit. BREXIT THE UNITED KINGDOM LEAVES THE ANALYSIS OF GRACIELA PILNIK TO THE EUROPEAN UNION – Duration: Telefe Córdoba 18, views. BREXIT SPECIAL: Brexit. The British Parliament this afternoon rejected a no-deal exit from Europe. With votes in favor of avoiding this scenario, of which they were indeed parliamentary supporters, one.

Brexit Minister Stephen Barclay says Oliver Letwin’s amendment means further delay and calls on the MP to withdraw it.

10/19 / THE COUNTRY. Parliament again rejected May’s Brexit agreement (AFP) British MPs failed on Monday in their attempt to agree on an alternative to the Brexit agreement presented by. He wants a Brexit with an agreement, but not just any Brexit or sloppy processing. The prime minister contemplated how a majority of deputies, in front of him, derailed his strategy. The British Parliament on Monday backed an amendment aimed at forcing a vote on Wednesday in which deputies will evaluate alternative “Brexit” plans to the agreement.

The British Parliament has voted on Tuesday on a series of amendments to the so-called Brexit plan B, presented days ago by Prime Minister Theresa May. Total. Measures for Brexit. On January 1, at Spanish time, the definitive separation between the United Kingdom of Great Britain and Northern Ireland and the European Union took place, once the transitional period established in the Withdrawal Agreement had ended.


The Ibex falls 3% in its worst session since September due to the new strain of the virus and Brexit | Markets

Perfect storm in the markets. The European bags have recorded heavy losses, of 3% in the Ibex 35 and somewhat lower in other indices, given the news about the new strain of coronavirus detected in the UK. Although, according to the European Center for Disease Control, the mutation does not aggravate the disease, it is more contagious. That is why the United Kingdom has closed London and Kent, and that is why air traffic in the country and the movement of goods in the English Channel have been closed, frightening investors with new waves of draft restrictions. The health situation, and the blockage in the negotiation of Brexi, cloud the positive announcement of the fifth fiscal stimulus package in the US and the expected approval today of the Pfizer vaccine in the EU.

He Ibex 35 It has fallen by more than 4%, although at the close it has moderated the fall to 3.08% that has served to sustain the 7,800 points. Wall Street has started with losses of 0.6% in the Dow Jones. The securities most exposed to the United Kingdom are the most punished. So, IAG it plummets 8.8%, while Meliá cuts 2.07% and NH falls 7.05%. Aena leaves 2%, while in banking, one of the most affected sectors in Europe, Sabadell subtracts 6.8% and Santander, 5%. The rest of the entities suffered falls of more than 3%.

The nervousness also affects the commodity market and the Petroleum it goes back 5%, but has fallen to 5% and lost 50 dollars. A barrel of Brent stands at $ 50.12. So, Repsol registers a decrease of 5.6%. The energy sector is the second worst in the Euro Stoxx. All the values ​​of the Spanish selective are tinted red.

“The different governments continue to increase restrictive measures to the mobility of people and economic activity as the only solution to contain the pandemic, pending the arrival of vaccines,” they explain in Link analysis. “In the short term, the impact of these actions on these economies can be very negative,” he adds. Thus, although at the health level the new strain does not cause more deaths, the one that is contagious to a greater extent can force more intense restrictions and, therefore, more economic impact.

Spain and Portugal have finally joined the restrictions of other European countries, and outside Europe, to travel with the United Kingdom. At first, the Spanish Government had announced that it would reinforce the PCR test verification control at airports and ports, however, it has decided in coordination with the Portuguese country to suspend the arrival of flights from the United Kingdom from tomorrow and reinforce control in Gibraltar to prevent the spread of the new strain. A British government spokesman has said that the new strain of the virus has also been detected in Gibraltar, Denmark and Australia.

For his part, the spokesman for eToro in Spain, Javier Molina, warns that “despite the news of vaccines, the determination of new confinements will continue to affect economic activity and as always, the investor must be very cautious when it comes to to raise the positioning in any type of asset. ”And he points out that“ the news about the health crisis will continue to impact sharply, generating volatility and possibly giving up the Christmas effect ”.

The flight of investors from equities favors safe haven assets. The dollar is up 0.9% against the European currency, which stands at $ 1,215. The debt of the United States also rises, and puts downward pressure on profitability. The yield on the US 10-year bond falls to 0.923%, six basis points less. In Europe, bund German cuts their performance, points, and Spanish draws. In other words, investor fear has not come to classify debt as a risky asset, something that does happen in Italy, but it is not considered a safe haven either. The yen rises 0.5%.

Natixis IM’s Esty Dwek believes that “more stringent measures will need to be taken into account in the coming months as this strain is unlikely to remain in the UK alone, which could lead to temporary market setbacks although the vision in the long term it remains constructive. “

The bad news does not end, as the Brexit negotiations remain blocked. Brussels and London continue to try to reach a pact on their relationship after Brexit, once the deadline set by the European Parliament for the negotiation has passed, which in any case neither party had endorsed. The pound falls 1.8% against the dollar.

Brexit and the pandemic “will weigh on the behavior of the European stock markets at the beginning of the week, overshadowing two very good news: the agreement finally reached in the US for Congress to approve a new fiscal aid program for those affected by Covid- 19, and the progress of the vaccination process “, they maintain in Link Securities.


From the boom to thinking about lowering the blind

To close. Do not close. Close … The hotels in Gipuzkoa are defoliating a new daisy almost every week without knowing what will determine that last petal with which they remain in the hand. It is not that they are casting lots, but that The uncertainty in the short term is such that making decisions within fifteen days in these times is audacious and it also borders on wasting time.

The Gipuzkoan hotel sector has been accounting for practically all of 2020. First, to mentalize the losses that those 15 days of unexpected closure were going to entail, which ended up being four months. And now, before the onslaught of a new tsunami, to see which decision is the most pertinent to survive: continue with the establishment open, close until the situation improves, or an intermediate format, in which the blind is drawn on off days during the week and attempts to regain the rhythm from Friday to Sunday.

Elena Estomba, president of Hotels in Gipuzkoa and director of the London hotel and Villa Favorita, predicts that at the end of the month many hoteliers will make decisions along these lines. «In summer we saw that people wanted to move. But in September we hit an impressive slap and the forecasts for the end of the year are complicated. Now I see much more feasible than a month ago the temporary closure of hotels, without a clear reopening date, “he acknowledges.

In the last five years in Donostia, 46 establishments between guesthouses and hotels have been inaugurated
the data

“Now I see more feasible than a month ago the temporary closure of hotels without a clear opening date”
Elena Estomba | Favorite Villa and London Hotel

«There are few events and they do not attract public from outside. The question we ask ourselves is how much longer are we going to be able to hold out?
Fran González | Hotel Codina

While until a few months ago the objective was not to stop, in the Gipuzkoan capital decisions that go in the opposite direction are beginning to be heard, although official closing communications, according to it, there are few. The Villa Soro hotel, which has been closed since summer and the San Sebastián hotel, which has recently closed, is joined by Villa Favorita, which opened in mid-July and has opted to open exclusively at the weekend. “As there are many services that are transversal to the London hotel, we can maintain this formula. A closed, unused hotel ages a lot and very quickly, and starting it up from scratch costs a lot, “he acknowledges.

In the specific case of Donostia, the situation generated by the health crisis is also added to the particularity of being a city that, according to Eustat data, has opened 46 establishments, including pensions and hotels, in the last five years. So they must deal with a considerable increase in supply and almost non-existent demand.

The current occupancy for November and December is 4 and 3%, in the case of Villa Favorita, and somewhat more advantageous in the case of London, which has 13 and 10% of its seats occupied for the next two months. “January I don’t even think about it and the Christmas campaign will depend on how everything evolves,” he laments.

The occupancy rates for next month in the case of the Astoria 7 hotel, one of the largest accommodations in the city, which exceeds one hundred rooms, “7%, and 2% in December.” And despite the fact that both reservations and cancellations occur “more at the last minute than ever”, everything indicates that good times are not coming. The manager of this accommodation, Fernando Soto has already assumed that “the losses are going to be enormous” and every week it is reconsidered whether the hotel is more compensated to remain open or not. «Right now we lose more being closed, although the occupation is almost nil, but every week I monitor the data to establish if at some point I have to change the scene, “he confesses.

Estomba and Soto agree that one of their objectives is try to damage the templates as little as possible, but given the uncertainty and the ever-changing panorama, they do not allow medium-term plans to be made, and for that reason, the Astoria 7 director considers that labor, fiscal and financial measures by the administrations “are more necessary than ever” In this sector.

“Every week I monitor the data in case at some point we have to change the scene and close”
ernando Soto | Hotel Astoria 7

“The opportunity arose to accommodate people who do not have space to isolate themselves at home, and since there are no tourists, we accept”
Carlos Odriozola | Hotel Sanctuary of Arantzazu

Fran González, director of the Codina hotel, has also taken October to reconsider, and once the month is over, we will “make a decision.”

The spike in contagion and perimeter closures “only create more uncertainty”, and if the few events, whether sports or cultural, hardly attract public from outside and many are streamed to hotels is of little use to us ». “The question we all ask ourselves is how long are we going to be able to hold out?”

Hotel social

The pandemic has led to the reconversion of many companies and the Hotel Santuario de Arantzazu, which Carlos Odriozola runs in Oñati is one of them. The summer prospects were poor and “we had the opportunity to participate in an Osakidetza program to house people who do not have the option of doing preventive isolation at home, and we accepted.”

Currently, It has 8 people, but at the beginning of the month the occupation of its 45 rooms was 100%. You only receive covid positives that are asymptomatic or close contacts. “The moment they present symptoms, they are referred to a hospital,” he says.

The Basque Department of Health is at the expense and guests cannot leave the room. Odriozola explored this route with the intention of recovering tourist activity in October, “but seeing how things are, I think it will take a long time.”


or Messi leaves or has to sell Ansu and lower salaries

He Barcelona Soccer Club owes banks and clubs 820 million euros, of which it will only deduct 332 for pending collections, for which it presents a net debt in the 2019-20 season of 488 million. An alarming figure, since it came from 217 last season, which would place it first in the ranking of debtor clubs in Europe, according to the ‘Financial Year Report’ that the UEFA published annually and that this last year has not seen the light yet due to the appearance of covid-19. Until last year, the Manchester United it was the team with the most debt, with 459 million euros, followed by Inter (438), Atlético (391) and Juventus (291). He Real Madrid it did not appear in the ranking of defaulters.

Barcelona has entered 192 million euros less than what it had budgeted. Out of an expected income of 1,047 million it reached only 855, even if the club warns that, without the pandemic, the figure would rise to 1,059. Barça closes the 2019-2020 season with losses of 97 million euros and the red numbers will continue in 2020-2021, as expected in the accounts.

Big problems for Bartomeu in his final stretch of term.  (EFE)
Big problems for Bartomeu in his final stretch of term. (EFE)

Problems with the wage bill

The revenue forecast for next season, which was initially $ 1.12 billion, has been drastically lowered to $ 791. The ravages of the pandemic, with the lack of public in the stands, will cause 330 million to stop entering. And that makes it a major issue for Bartomeu and its directive the subject of the wage bill. The League will not register clubs whose salary mass exceeds 70% of its budget. At the end of this year, the Barça wage bill reached 636 million, a reassuring 61%. But with revenue declining to $ 791 million, the wage bill soars around 80%. Barcelona has managed to reduce it this summer by 42 million with the departure of players such as Luis Suárez (23.4 million euros gross per year), Rakitic (13.3) or Vidal (9). But with the unexpected decrease in income you need to reduce the wage bill much more.

He has two alternatives: negotiate a salary reduction for the squad, as the club is proposing, or let out players with a high salary weight

Bartomeu’s alternatives are two: generate more revenue by selling players or getting rid of players with high contracts. If you bet on the former, you would have to sell the only footballer who would generate a real capital gain from his transfer, Ansu Fati, for which they estimate that they will get 150 million. The sale of Griezmann or Dembelé, for example, would not be profitable as it cost the club 120 and 140 million euros respectively, unrealistic figures for a market in crisis like the current one. Barça calculates that capital gains from transfers should reach 73 million this season. But Umtiti and Dembelé have not left and now we will have to work on the January market.

The other option is to lighten the salary mass, and in that aspect it also has two alternatives: negotiate a reduction in the staff’s salary, as the club is proposing, or let out players with a lot of salary weight. The first bet is dangerous because it could end with players denouncing their contracts or going free even in January. There is a real risk that footballers will claim their freedom letter, or at least challenge the measure proposed by the club, since they are protected by law with article 41 of the Workers’ Statute. And it would not be the first time that a professional athlete uses the Workers’ Statute to demand the termination of their contract. It remains to be seen how the club acts, which could negotiate the salary reduction with each player individually.

The second would go through letting Messi out, whose salary weight is around 70 million gross per year. A measure that has not been valued, as has been seen when the club refused to let the Argentine leave after announcing his frustrated departure. Messi stays and you have to bear his salary weight, so the solution is to lower the salary of his teammates.

Leo Messi during this Friday's game with Argentina.  (EFE)Leo Messi during this Friday's game with Argentina.  (EFE)
Leo Messi during this Friday’s game with Argentina. (EFE)

The ballast of the Espai Barça

During Bartomeu’s tenure, Barcelona has bagged more than 500 million euros in sales (222 with the payment of the Neymar clause to PSG), but the problem is the very high cost of the operations faced with transfers such as Dembelé (140) or Coutinho (160). Spending on salaries and transfer repayments has triggered the debt, and to this has been added another unexpected burden: the Barça space. The financing of the technological project already reaches 815 million euros of expenditure. A problem that punishes even more the battered culé economy.

Barcelona is the tip of the iceberg, for being the club with the highest salary mass. But the rest of the top clubs in Europe are experiencing similar situations. Dortmund has closed this season with losses of 44 million and already announces 75 for next. Its president, Hans-Joachim Watzke, offered a diagnosis shared by all his colleagues: “We will only benefit again if there are no restrictions on attendance at stadiums. We must be patient. Football is extremely difficult to imagine without fans and it is time to endure “. Roma, who lost 204 million this past year, need to enter 140 million and announced a capital increase in June to try to save the club financially.

Real Madrid, however, saved the season because it had planned a profit of 40 million and that cushion saved it from the impact of the pandemic. The whites, who have turned all their expectations into the remodeling of a new Bernabéu that will boost the club’s ordinary income, are considering an austere budget for next season, which would be around 650 million. Something that would not cause a problem with the weight of your salary bill, since capital gains from transfers such as Achraf, Reguilón and Óscar Rodríguez give margin. And in addition, Florentino already closed a salary cut with the staff last year, given the imminent crisis of the pandemic, which allows him to be relieved.