Spain · Country watch
Telefónica Profits, General Strike Arrests
Telefónica reports strong profits, while Spain faces unrest with arrests from the ongoing general strike.
In this briefing Fernando Grande-Marlaska · Spanish Interior Ministry · Núcleo Nacional · Telefónica
Internal tension
General strike in Spain leads to 47 arrests
Spain's Interior Ministry reports 47 arrests and 1,144 incidents during the ongoing general strike, according to Libertad Digital. Interior Minister Fernando Grande-Marlaska has ordered a ban on the use of tear gas in future crowd control operations. The strike has caused significant disruptions across the country, affecting public services and logistics.
Impact Employers in logistics and public services face operational disruptions due to the general strike.
Sources: Libertad Digital ↗
Safety & health
Núcleo Nacional ordered to cease operations
A Spanish judge has ordered the far-right group Núcleo Nacional to cease all activities and close its offices nationwide, 20minutos.es reports. The police have seized supremacist paraphernalia, over twenty firearms, ammunition, and blunt objects. This follows investigations into the group's activities, which have raised safety concerns.
Impact Public sector authorities enhance safety measures by shutting down Núcleo Nacional operations.
Sources: 20minutos.es ↗
Companies
Telefónica reports €464M profit, reduces debt
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Telefónica has reported a profit of €464 million up to September, reversing the losses of €1,080 million from the previous year, according to La Razon. The company has achieved its fourth consecutive quarter of growth and has revised several financial targets upwards. Additionally, Telefónica has reduced its debt by €1.6 billion. This marks a significant turnaround following the implementation of its Transform & Grow plan.
Impact Telefónica shareholders and creditors benefit from improved profitability and reduced debt.
Sources: La Razon ↗
Nothing significant reported today in Regulation · Disruption · Markets · Trade · Politics.
Also today in the local press
- Autónomo en día de huelga — LaVanguardia.com
- ¿Qué hacéis allí abajo? — elcorreo.com
- El laberinto del espray de pimienta: ventas disparadas, prohibición en internet y la difusa frontera de la legítima defensa — elcorreo.com
- La Generalitat de Cataluña desliga los disturbios de 'blocus' y denuncia el uso de cócteles Molotov — elcorreo.com
- Arranca la campaña en la Comunitat Valenciana: del fracaso en vivienda a la gestión de la dana — La Razon
- ¿Una subida de tipos de 50 puntos básicos? El oro sufre por miedo a la Fed y será muy difícil que no termine el año en rojo — Invertia.com
- Los Mossos alertan de una nueva especie de manifestante más violento y con pirotecnia letal — Libertad Digital
- Marlaska prohíbe el gas lacrimógeno y ordena investigar las cargas después de que exigiera firmeza a los antidisturbios — elcorreo.com
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.