On Tuesday the 13th, the ILO unemployment rate will be published in both France and the United Kingdom, which in the latter case has remained stable in recent months at 4.2% of the active population. At the same time, we will also learn about the ZEW Survey in Germany, which will be key to knowing the assessment of the economic situation of the leading European power. The latest data continue to confirm the persistence of its industrial crisis, the deterioration of its commercial real estate sector and the impact on its foreign sector of the slowdown in China.
In Spain today, habitual abuser on trial, Council of Ministers to approve social housing stock plan, another record-breaking month for air travel, and eight percent less rain than normal.
Use the contents menu below to jump ahead, or sit back and press the play button above and just let me tell you all about Spain Today.
Contents (click to jump ahead)
- Spanish News Headlines
- Things to Do Today
- Local Markets
- Traffic and Travel
- Weather
- On This Day
- Video of the Day
- Follow Mark Nolan’s Podcast
Spanish News Headlines
The Provincial Court of León will hear evidence from today against a 53-year-old man accused of habitual abuse in the family and a continued minor crime of unfair harassment of his wife and their daughter in Bierzo For which the Prosecutor’s Office requests six years in prison and the payment of compensation of 3,000 euro to each victim, in addition to the costs of the process.
The Council of Ministers are set to approve a 2 billion euro boost to social housing today, increasing the available stock at affordable prices. The President of the Government, Pedro Sánchez, announced the plan on Saturday, resulting in criticism from the opposition as it was during the Galician election rounds.
The airports in the Aena network in Spain have closed the first month of 2024 with a historical record for passengers and cargo in the month of January, thus maintaining the upward trend of much of last year. In January 2024, Aena received 18,667,212 passengers, 10.3% more than in the same month of 2023; managed 165,909 aircraft movements, 6% more than in 2023; and 91,752 tons of merchandise were moved, 23.1% more than last year. Although January figures are still pending, pollution wise, in December, CO2 emissions were up 13% overall, and pollution per departure increased by 5% in December.
The national average value of accumulated rainfall from the beginning of the hydrological year (October 1, 2023) until February 6 is estimated at 278 l/m2, which represents around 8% less than the normal value corresponding to said period (302 l/m2). The accumulated amounts are below their normal values in the eastern third and in the southern half of the Peninsula, especially in the east where less than a quarter of the average rainfall between 1991-2020 has been recorded.
To read these articles in full, visit SpainToday.news
Markets and Statistics
The Public Treasury in Spain returns to the market this Tuesday with an auction of 3- and 9-month bills after the last short-term auction broke the trend of downward yields that had been installed since the end of October.
The Bank of Spain publishes the Latin American economy report for the second half of 2023.
Investors’ attention will also focus on US inflation in January, the German ZEW in February and the German current account balance.
The ECB publishes the Consolidated Financial Statement of the Eurosystem.
In France, the evolution of unemployment in the fourth quarter will be known.
In Italy, debt auctions for 3, 7, 15 and 30 years linked to inflation.
In the United Kingdom, unemployment rate for December comes to light.
In the USA, the monthly OPEC report is published and the CPI for January is known, whilst Moody’s, Coca-Cola, and Airbnb, among others, publish results.
Things to Do Today
Don’t go out! A key day in Spain this week is Tuesday, as Tuesday the thirteenth stokes the same fear in many as a Friday with the same date in other countries. Mars, the Roman god of war, from which Martes gets its name, dictates Tuesday is ruled by the red planet, that of destruction, blood and violence. Furthermore, legend says that on Tuesday the 13th, the confusion of languages occurred at the Tower of Babel.
In Spain, the day is summed up by the saying, “On Tuesday the 13th, neither get married, nor embark, nor leave your home”.
For more local events, pick up The Leader newspaper every Monday, and This is Torrevieja for Torrevieja events.
Local Markets
Local markets on a Tuesday can be found at Benijofar, Daya Nueva, La Marina (Elche), Orihuela, San Bartalome (Orihuela), and San Fulgencio.
The roads will of course be busy around those locations.
Traffic and Travel
Tuesday might be unlucky for passengers flying between the UK and Spain, as a military exercise involving live missile firing is taking place over the Bay of Biscay from Tuesday to Thursday. Flights will therefore be diverted to avoid the area, which could result in delays, particularly on the routes to the Canary Islands, but mainland Spain could also be affected.
Locally, there are road closures in Guardamar del Segura and around the Park of Nations in Torrevieja, with diversions in place.
Farmers are protesting in Spain, blocking roads. Click the link under the weather report for the live traffic map.
For information and updates about driving in Spain, visit N332.es
Weather
- Click here to visit AEMET for weather alerts and forecasts.
- Click here to visit the DGT for live traffic and road conditions.
On This Day
2004, the electronic DNI is launched in Spain.
2003, in Madrid, a medical team manages to replace the thoracic aorta with a prosthesis in a 64-year-old patient.
1997, the Spanish Congress approves the Telecommunications Liberalisation Bill and sets the conditions for the second telephone operator in Spain (Retevisión, later to become part of Orange).
Video of the Day
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