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Santiago Vallejo Heredia

Spanish politician

  • 5h ago

    Spain's inflation hits 3.8% as Iran war shock ripples through economy, BBVA Research warns

    BBVA Research forecasts Spanish inflation will jump to 3.8% in 2026, the highest rate since 2008 excluding the 2022 energy crisis, driven by the conflict in Iran. GDP growth is maintained at 2.4% for this year but is expected to slow to 2.1% in 2027.

Today’s Brief

Hormuz, Belfast and $75bn

Trump escalates Iran war as inflation bites and Belfast confronts anti-migrant violence

The past half-day brought a familiar mix: hard power abroad, expensive energy at home and social tension on the streets. Markets still found room for spectacle, as SpaceX prepared a record listing while Anthropic tried to sell a powerful AI model with the brakes half on.

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  • Gulf escalation following US strikes

    Threatens the Iranian Revolutionary Guard to turn the region into hell as the fragile ceasefire between the US and Iran nears total collapse following a second night of strikes.

  • Iran closes Strait of Hormuz

    Bombards Iran with 49 Tomahawk missiles in response to the ongoing crisis, marking a significant military escalation following the blockade of the Strait of Hormuz.

  • Pope Leo XIV visits Canary Islands

    Criticizes the Arguineguín migrant dock as an example of failed policy during his visit to the site, highlighting the humanitarian crisis in the Canary Islands.

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World · Updated 1h ago

Urgent

The Middle East after Gaza

Iran's closure of the Strait of Hormuz is a direct, kinetic attack on the regional security architecture under negotiation, collapsing conditional restraints and threatening to unravel the entire multi-tiered diplomatic process.

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