After seven years of negotiations, the Canada-Europe Trade Agreement, CETA, has entered into force provisionally. Under this bilateral agreement, the most ambitious signed to date by Brussels, most custom duties levied on trade flows between both countries will be scrapped.
The recent elections in Germany have ended this year’s electoral cycle in Europe. With euroscepticism weighing in at the ballot box, it’s now up to the European Union to bring its institutions closer to the continent’s citizens, according to José Manuel González-Paramo, Executive Director of BBVA, speaking at a conference on “The New Europe: Challenges and Opportunities” organized by ADEIT.
The R3 consortium is working with 12 financial institutions –including BBVA– and TradeIX in an initiative that aims to re-design the trade finance infrastructure through the use of distributed ledger technology, or DLT.
BBVA Global Head of Talent and Culture Ricardo Forcano told the young people attending the jobs forum organized by the newspaper El País that the world in which we are going to live in the coming decades will be one of constant and rapid change, which will radically transform the labor market. The Head of Talent and Culture at BBVA recommended that young people seeking employment cultivate their curiosity, empathy and integrity.
When you have a storm as destructive as Hurricane Harvey hit one of the most important state economies in one of the world’s most powerful economies, the question is natural: How might the effects ripple in unexpected ways? We talked to the economists at BBVA Research USA to help offer perspective.
Dreamers are individuals who were brought to the United States before the age of 16 and who don’t have lawful immigration status. They’re pursuing the American dream. They came to the United States as children and many of them discovered as adolescents that they had entered the country without documents. They’re the “dreamers” - immigrants and, most of them children of immigrants who are trying to escape from their legal limbo.
After Tropical Storm Allison drenched Houston and caused billions of dollars in damages in 2001, Harris County spent tens of millions of federal dollars to redraw its floodplain maps to more accurately reflect the risks. Now, 16 years later, after Hurricane Harvey left some homes flooded for the third time in as many years, those same maps are in the crosshairs.
A complete picture of the damage wrought by Hurricanes Harvey and Irma is still coming into focus, but what is clear is that among the hardest hit are homeowners.
For these homeowners, many without flood insurance, starting the rebuilding process can be an overwhelming task, and just knowing where to begin to get the money needed to rebuild may seem complicated. According to BBVA Compass Insurance Agency Managing Director Analicia Geisen, a good place to start is with the homeowner’s insurance company.
Known as one of, if not the, oil and gas hub of the United States, the East Texas region suffered another dire consequence of Hurricane Harvey’s ripple effect: the interruptions to the energy companies who had set up shop in the affected areas.