
A review of the economic, business and political news of the day
AI-generated summary
The Spanish Government seeks to encourage investment in European companies through tax incentives. Netflix is going through significant internal changes after a period of stock market stagnation.
European authorities want Europeans to invest in Europe. Historically, they have preferred US securities, which are more liquid and also have greater appreciation, precisely because they concentrate the global interest of investors. The Financia Europa account, launched by the Spanish Government, aims to encourage this with tax incentives. This can give a boost on the stock market to companies that have not done too well, but also to others that, in reality, have not done too badly in recent years, in which they have taken advantage of the liquidity of the market to break records (while other parts of the economy, such as salaries, have risen reluctantly).
Experts are betting on a world-class technology company, like ASML; banks like BBVA or Unicredit; a textile company like Inditex; insurers such as Allianz, Mapfre and Axa; or a food company like Danone. Also by Rheinmetall, somewhat in the doldrums after soaring due to war tensions, or LVMH, dragged down by the punishment of the French markets.
Netflix's three moves to overcome stagnation
Something is happening on Netflix. Three almost simultaneous movements that, seen from the outside, seem related: the departure of its content manager, Bela Bajaria; the purchase of the rights to the 2030 World Cup in Spain and Andorra, and the dismissal of 1,000 employees. Netflix has always opted for dynamism in its management, but these decisions seem to respond to a certain stagnation, more visible in the stock market than in its accounts. The interesting thing will be to see where it is going. Its commitment to football and live events suggests that, to continue growing, it needs to be a little more like traditional television.
Politicians avoid self-criticism over the housing problem
"Pedro Sánchez does not find out about the number of evictions there are daily. He does not find out or does not want to find out. Then he would go to Mrs. Isabel [Díaz] Ayuso, who is the president of the Community of Madrid and I think it is a little too big for him. Mr. Almeida, well all he is doing is destroying Madrid." These are statements by Maricarmen Abascal on September 23, one day before being evicted. After his unfortunate death, those in question have divided the roles: Sánchez raises the flag of the suffering of Maricarmen herself and the rest of the evicted, while Ayuso and Almeida opt for malism and despise that same pain. There seems to be no room for the middle ground: reasonable empathy combined with self-criticism.
The phrase of the day
We will send more soldiers to other countries on the eastern flank, but following the example of the United States we will establish conditions. We also want to make a business profit from it, in the form of defense contracts
Wladyslaw Kosiniak-Kamysz, Deputy Prime Minister and Minister of Defense of Poland

The European Commission proposes to reduce regulatory barriers for intra-community banking subsidiaries, seeking to mitigate market fragmentation and promote competitiveness against the American giants in the absence of a complete Banking Union.

Latin America faces moderate growth of 2% by 2026, affected by the El Niño phenomenon, which causes droughts and floods, and by inflationary pressures that force central banks to tighten their monetary policies.
Luis Pérez de Ayala, first Madrid non-executive president of Cuatrecasas, analyzes the firm's international strategy, the impact of AI in the legal sector and the need to evolve the billing model beyond the time spent.

The Spanish CPI rises to 4.9% due to energy pressures. The analysis suggests that universal aid is less effective than targeted aid and highlights the absence of second-round effects on wages and food, despite the pressure on industrial margins.

Tadashi Yanai, founder of Fast Retailing (Uniqlo), seeks to surpass Inditex after recording record results. With a fortune of 58 billion, the 77-year-old Japanese businessman runs an empire of 3,500 stores while preparing his succession.

The use of cash has fallen from 68% to 40% in the eurozone between 2019 and 2025, while money is already mostly digital. Tokenized deposits and stablecoins, backed by US Treasury bonds, are driving dollarization and displacing cryptocurrencies in illicit activities. While the US bans the digital dollar, the ECB studies the digital euro to preserve monetary sovereignty, and countries like Russia and Iran evade the dollar to avoid US sanctions.