In the holiday hotspots of the Costa del Sol, the risks are rarely mentioned. But in neighbouring Cádiz, the country’s first tsunami-ready town is leading by example Even on a wet, wintry day in Málaga, the Mediterranean looks benign. But only 25 miles (40km) south-west of its port, where half a million tourists disembark from cruise ships into the Costa del Sol each year, lies a system of tectoni...
In the holiday hotspots of the Costa del Sol, the risks are rarely mentioned. But in neighbouring Cádiz, the country’s first tsunami-ready town is leading by example Even on a wet, wintry day in Málaga, the Mediterranean looks benign. But only 25 miles (40km) south-west of its port, where half a million tourists disembark from cruise ships into the Costa del Sol each year, lies a system of tectonic plates and faults that fracture the seabed between Spain and north Africa. Earthquakes are routine here. They are mostly too small to notice but sometimes strong enough to rattle glasses in cafes on the seafront. In December, a tremor with a magnitude of 4.9 off the coast of Fuengirola triggered more than 40 calls to Andalucía’s 112 emergency line. Continue reading...
In part one of a special two-part interview, Kiran Stacey talks to the political scientist Prof Robert Ford about Labour’s so-called ‘landslide win’, the long-lasting impact of Brexit on our politics, and the lessons that should have been learned from the 2024 election. Is it now too late for Starmer to turn things around? Buy Prof Robert Ford’s latest book, The British General Election of 2024, h...
In part one of a special two-part interview, Kiran Stacey talks to the political scientist Prof Robert Ford about Labour’s so-called ‘landslide win’, the long-lasting impact of Brexit on our politics, and the lessons that should have been learned from the 2024 election. Is it now too late for Starmer to turn things around? Buy Prof Robert Ford’s latest book, The British General Election of 2024, here Continue reading...
For Zhang Kai, a pioneering scientist who is building an ultra-large-scale cellular structure group data bank with unprecedented precision, returning home to China was the natural choice to fulfil his ambition. “In the United States, it is almost impossible for a Chinese scholar to take the lead on this project,” Zhang said during a March 26 interview with China Science Daily, the official newspap...
For Zhang Kai, a pioneering scientist who is building an ultra-large-scale cellular structure group data bank with unprecedented precision, returning home to China was the natural choice to fulfil his ambition. “In the United States, it is almost impossible for a Chinese scholar to take the lead on this project,” Zhang said during a March 26 interview with China Science Daily, the official newspaper of the Chinese Academy of Sciences (CAS), the country’s most prestigious research institution. On...
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This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day. Please don't leave political comments on other articles or posts on the site. The comments below are not regulated with the same rigor as the rest of the site, and this is an 'enter at your own risk' area as discussion can get very heated. If you can't stand the heat... you know what they say... More on Today's Markets: Moderation Guidelines: We remove comments under the following categories: Personal attacks on another user account Anti-Vaxxer or covid related misinformation Stereotyping, prejudiced or racist language about individuals or the topic under discussion. Inciting violence messages, encouraging hate groups and political violence. Regardless of which side of the political divide you find yourself, please be courteous and don't direct abuse at other users. For any issue with regards to comments please email us at : moderation@seekingalpha.com. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
kyoshino/E+ via Getty Images Motor Vehicle Sales Unit sales of motor vehicles, published by the Bureau of Economic Analysis at the beginning of each month, include domestic sales and imports. Domestics are sales of autos produced in the U.S., Canada, and Mexico. SIFMA Early Close 7:30 AM Challenger Job-Cut Report This monthly report counts and categorizes announcements of corporate layoffs based o...
kyoshino/E+ via Getty Images Motor Vehicle Sales Unit sales of motor vehicles, published by the Bureau of Economic Analysis at the beginning of each month, include domestic sales and imports. Domestics are sales of autos produced in the U.S., Canada, and Mexico. SIFMA Early Close 7:30 AM Challenger Job-Cut Report This monthly report counts and categorizes announcements of corporate layoffs based on mass layoff data from state departments of labor. 8:30 AM International Trade in Goods and Services Updating the goods portion of the advance report and offering initial data on services, this report provides complete information on cross-border trade. The trade gap is expected to be a bit wider at $60.1 billion in February, up from $54.5 billion in January. This one is difficult to forecast given tariff effects. 8:30 AM Jobless Claims New unemployment claims are compiled weekly to show the number of individuals who filed for unemployment insurance for the first time. Claims are seen up at 213K versus 210K in the previous week. 10:15 AM Lorie Logan Speaks Dallas Federal Reserve Bank President Lorie Logan participates in a fireside chat before the Eleventh District Banking Conference hosted by the Federal Reserve Bank of Dallas. 10:30 AM EIA Natural Gas Report The Energy Information Administration (EIA) provides weekly information on natural gas stocks in underground storage for the U.S. and five regions of the country. 1:00 PM Baker Hughes Rig Count The Baker Hughes North American rig count tracks weekly changes in the number of active operating oil & gas rigs. 4:30 PM Fed Balance Sheet The Fed's balance sheet is a weekly report presenting a consolidated balance sheet for all 12 Reserve Banks that lists factors supplying reserves into the banking system and factors absorbing reserves from the system. More on U.S. Markets Is The War Really Reaching Its End? Assets Bounce Despite Oil Rally - Market Check Bonds Won't Save You From The Next Recession SPX Call Demand Jumps On ...
Private equity sales have fallen by more than a third this year, as developments in artificial intelligence and war in Iran heap pressure on a subdued exit market. Buyout firms were sellers in deals valued at about $103 billion in the first quarter, data compiled by Bloomberg show. Though still above historical averages, the figure is roughly 36% lower than the same period a year ago and stands ou...
Private equity sales have fallen by more than a third this year, as developments in artificial intelligence and war in Iran heap pressure on a subdued exit market. Buyout firms were sellers in deals valued at about $103 billion in the first quarter, data compiled by Bloomberg show. Though still above historical averages, the figure is roughly 36% lower than the same period a year ago and stands out in an M&A market flush with megadeals. It’s a blow for private equity firms eager to shift a backlog of portfolio companies, return money to impatient investors and start fundraising. High valuations paid during the pandemic are limiting firms’ ability to sell companies at prices they find acceptable, crimping their capacity to find new deals and to transact with one another. “The end of Q1, start of Q2 is a critical juncture when it comes to pipeline building,” said Na Wei , global head of leverage finance at Barclays Plc . “There is no doubt the market is seeing an impact on sponsor to sponsor activities.” In the meantime, firms are seeking ways to hold on to hard-to-shift assets while also paying themselves and their investors. A recent report by Moody’s Ratings found that private equity-owned companies borrowed $94 billion in the US to fund their own dividend payouts last year, increasing risk to those businesses. Sid Punshi , head of financial sponsors coverage in Europe, the Middle East and Africa at Citigroup Inc. , is seeing more minority stake sales and continuation vehicles—structures that give investors a way to cash out of assets that can’t be sold within traditional timeframes. “We are seeing funds being more creative on exit solutions, especially at a time when public markets may not be open,” Punshi said. “The market is bifurcating into haves and have-nots.” When more than a decade of cheap money ended after the pandemic, buyout firms began struggling to sell some of the companies bought during the boom years. Higher borrowing costs led to valuation gaps, a...
Artificial intelligence (AI) stocks have lost their luster in recent months, which seems surprising given that companies in this sector have been reporting strong growth quarter after quarter. The poor performance of AI stocks explains why the tech-focused Nasdaq Composite index has slipped 11% over the past three months. The war in the Middle East, the rising probability of a recession, and highe...
Artificial intelligence (AI) stocks have lost their luster in recent months, which seems surprising given that companies in this sector have been reporting strong growth quarter after quarter. The poor performance of AI stocks explains why the tech-focused Nasdaq Composite index has slipped 11% over the past three months. The war in the Middle East, the rising probability of a recession, and higher fuel prices have dented investor confidence in the stock market this year, and AI stocks have borne the brunt. However, it will be worth looking past the noise. AI companies continue to grow at a terrific pace, driven by heavy infrastructure investments in data centers and by customer adoption of this technology. Also, their valuations are now relatively cheaper due to the sell-off. With AI expected to contribute a whopping $22.3 trillion to the global economy by 2030, according to IDC, I would treat the recent pullback in AI stocks as a buying opportunity. Continue reading
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)