Disruption has reached the meat industry. A group of companies in the biotechnology space has effectively developed meat made from plants or from the in vitro cultivation of animal cells.
Economy
Economy
According to the publication released from BBVA Research, When will the U.S. economy recover from the infection?, the experience of countries that have transitioned beyond the worst phase of the pandemic suggest that the number of coronavirus cases in the U.S. could peak in the spring or early summer.
‘No one left behind’ in the fourth industrial revolution: this is the commitment made by various international organizations including the United Nations and the International Labour Organization. The United Nations 2030 Agenda for Sustainable Development commits to the principles of universality and equality, two fundamental ideas that should be redefined in the context of the digital revolution. How can these principles be ensured in the midst of the profound change produced by technological progress?
Garanti BBVA’s Cash Management service portfolio has been recognized by Global Finance magazine as the best in Turkey. The bank’s Cash Management model, personalized customer solutions, product diversity and market share as some of the key aspects cited by the publication in its assessment.
The BBVA Research team has published its Economic Outlook for first quarter 2020, offering a look at a number of timely events and their anticipated economic impact.
“Work in the Age of Data” is the 12th book in the collection published by BBVA to disseminate and discuss fundamental issues of our time. This series is part of the bank’s OpenMind project -- a digital community that aims to generate and disseminate knowledge in an open and free manner.
The book, which addresses the effects of the digital revolution on the labor market, can be downloaded for free in Spanish and English in different electronic formats.
Nonfinancial debt, specifically the relatively high ratio of business leverage, is drawing attention from economists working in policy and finance spheres, according to a recent publication by BBVA Senior Economist Filip Blazheski.
BBVA Research published its January auto sales chartbook, noting vehicle sales were 16.9 million in 2019, down 1.7% from 2018. While the sales results are still solid, 2019 sales were the lowest since 2014.
Recurring revenues (net interest income and net fees and commissions) continue growing robustly, reaching a record high in 2019. According to BBVA Group executive chairman Carlos Torres Vila, the bank obtained outstanding results despite a macroeconomic environment that was more complex than expected. “Looking toward the future, at BBVA, our goal will be to dig deeper into our strategy, integrating the interests of customers, employees, shareholders and society as a whole, balancing economic, social and environmental perspectives in everything we do,” he indicated.
