Mar is a Data Scientist in the Bank Strategy Department. A graduate in Physics and with a PhD in Remote Sensing, after a few years of postdoctorate work she joined the team of data scientists at KDP (a joint venture between AIA and CaixaBank), where she worked for 2 years as an external Consultant for CaixaBank, before joining CaixaBank Research.
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The Trump administration’s announcements of tariff hikes have raised the effective average US tariff on imports to its highest level in a century. Although the decision has been suspended for 90 days, with the exception of China, it reflects the destabilising potential of the measures announced and has triggered fears of a further slowdown in the global economy.
We are still far from a scenario of stagflation like that of the 1970s, which is the major source of concern for a number of economists.
The health situation and the lockdowns made 2020 an annus horribilis for Portugal's tourism sector: total profits generated by tourist accommodation establishments fell by almost 3 billion euros and the total number of guests fell by 61%.
There is broad consensus among economists that assigning a price to greenhouse gas emissions is the key tool for facilitating the transition to a climate-neutral economy and containing global warming. But what level should this price reach and how would it affect economic growth and inflation?