united states

According to a recent study published by the Swiss research centre, IMD World Competitiveness Centre, Catalonia would be the 38^th most competitive state in the world if it were independent. The list, headed by the United States, shows that an independent Catalonia would be 2 places above Spain, which currently occupies 40^th position (including Catalonia). The report highlights the strengths of Catalonia such as business efficiency, as well as the weaknesses, which stem from certain inefficiencies of the public sector. Apart from focusing on quantitative indicators, the study also has a section that is based on qualitative surveys of a country’s companies. Catalan executives consider Singapore, Germany, Ireland and the UAE to be the most lucrative for business development and ranked Catalonia 24^th on the list, which is 21 places above Spain.

The low-cost airline Norwegian Air Shuttle announced it may connect Barcelona to 5 United States cities by 2016: San Francisco, Los Angeles, New York, Miami and Orlando. The cheapest roundtrip tickets would be less than $300, stated the Scandinavian company’s Founder and CEO, Bjorn Kjos. The announcement was made on the day Norwegian unveiled its headquarters for Southern Europe, based at Barcelona El Prat Airport. The low-cost airline has transformed the Catalan capital’s main airport into one of its main operational bases worldwide. In 2014 alone, Norwegian increased by 36% the number of passengers it transported through the airport. Last year, Barcelona El Prat broke its passenger record with 37.5 million people. The Catalan Minister for Transport, Santi Vila, stressed that Norwegian’s plans contribute to transforming Barcelona El Prat into an intercontinental hub.

FC Barcelona will go on a tour of the United States of America and Mexico in the summer four years after their last pre-season tour of the continent. Despite dates not yet being confirmed, the Catalan club has made official the news that the blaugranes will be returning to American soil for the fifth time in the last twelve years (2003, 2006, 2009 and 2011).In 2012 the team took part in various pre-season games across Europe and in 2013 they toured the Asian continent. In 2014 with Luis Enrique installed as coach, the squad enjoyed a pre-season training camp in Birmingham in the United Kingdom before playing in three friendly matches in Nice in France, Geneva in Switzerland and Helsinki in Finland.

Despite a decrease in Russian visitors, Catalonia increased the number of international tourists it hosted during 2014. Some 16.7 million foreigners travelled to Catalonia last year, which sets a new historic record. In addition, it represents a 7.2% increase on 2013 figures. International visitors spent more than €15 billion during their stay, 6.1% more than in 2013. Therefore, foreign tourism accounted for some 7.5% of Catalonia’s entire GDP during 2014. Each tourist spent an average of €900 during their stay. The Catalan Minister for Business and Employment, Felip Puig, presented the figures on Wednesday and emphasised that the objective for future years is not so much to increase the number of tourists but rather to increase the revenue which they bring in. 

The Catalan fashion multinational Desigual will be strengthening its presence in the Americas over the coming months. In 2015 it will be entering new markets, with the opening of its first three stores in Mexico and three in Montreal, Canada. Its entry into the Aztec country will be made through a franchise, alongside the company El Palacio del Hierro (the Iron Palace) which owns luxury boutiques in Mexico, a market considered a “priority” by Desigual. Thanks to this cooperation, Desigual clothes will be sold in almost 30 different department stores throughout Mexico. In addition the Catalan brand will open its own boutiques in Andares in Guadalajara, Antea in Querétano and in Mexico City. Moreover, Desigual has also committed to strengthening its presence in the US before the end of 2015, with the opening of two new stores, one in Miami and the other in Las Vegas.

South African Archbishop Desmond Tutu and Argentinian activist Adolfo Pérez Esquivel, both of whom were awarded the Nobel Peace Prize, as well as UK film-maker Ken Loach, Dutch sociologist Saskia Sassen, UK historian Paul Preston, American sociologist Richard Sennett, US writer Harold Bloom, Portuguese writer António Lobo Antunes, Irish activist Bill Shipsey and US former ambassador Ambler Moss have issued the 'Let Catalans Vote' manifesto. "A majority of Catalans have repeatedly expressed in different ways the wish to exercise their democratic right to vote on their political future" the document starts. Mentioning the positive examples of Quebec and Scotland, the signers stress that "to prevent the Catalans from voting seems to contradict the principles that inspire democratic societies". Finally, they urge the Spanish and Catalan governments to agree on a vote and "to negotiate in good faith based on the result".

Catalan author Jaume Cabré’s latest novel 'Jo confesso' has been translated into English and is finally hitting bookstores in the Anglophone world for the first time since its original publication in 2011. It was translated by Mara Faye Letham and published by Arcadia books. The novel, which this year won the Courrier International Prize for 'Best foreign novel', as well as several Catalan literature awards, has already been translated into Spanish, German, Italian and Chinese, among others. This is another success for Catalan literature, after the publication in English of 'Quadern gris' ('The Grey Notebook') by Josep Pla and the Joan Sales classic 'Incerta Glòria' ('Uncertain Glory'). Catalan literature is blossoming among English readers, thanks to the recent translations of several other classics.

Barcelona-headquartered Ficosa International S.A and Japan-based Panasonic Corporation signed an investment agreement on Tuesday to form a capital and business alliance through a €250 million operation. According to the official press release by Ficosa, as part of the capital alliance, Panasonic will take a 49% stake in the Catalan company. Ficosa is a company that specializes in automobile components, founded in 1949 in Barcelona, where the headquarters remain. It grew at a phenomenal rate and now has around 8,000 employees in 18 countries around the globe, with net sales of €925 million as of December 2013. It is best known for its gear-boxes and rear-view mirrors, of which it produces over 20 million a year. The goal of the alliance will be for both groups to develop projects towards a future self-driving car, while also being mutually advantageous from a business perspective.

During the first half of the year, the revenues of the Catalan multinational pharmaceutical company Grifols rose by 16.7% to €1.61 bilion, 75% of which came from the Bioscience division and 18% from Diagnostic. Compared to the first quarter, the proportion of total sales generated by each of the group’s divisions remains unchanged after the acquisition of Novartis' diagnostic business. The world´s third-largest blood-derivate product maker, Grifols obtained a net profit of €224.8 million, 23% more compared with the same period last year, as reported by the company to the Spanish Stock Exchange Authority (CNMV). These positive figures were achieved due to the maintenance of financial costs, made possible by improved financial conditions, despite having increased debt in absolute terms.

An old factory in the 22@ technological and business district of Barcelona, named Ca l'Alier, will be transformed into an innovation centre focused on Smart Cities. The French multinational Schneider Electric and the American networking giant Cisco Systems will invest €6 million in the building's renovation in order to set up their new research centres. The two companies then plan to invest a total of €37 million in the centres over the next 5 years. Barcelona´s City Council will also occupy a part of the renovated building for offices for its new Institute of Technology for the Habitat (BIT Habitat). The renovation of the Ca l'Alier factory will be the first step towards the creation of the Smart City Campus, which will be located throughout the 22@ technological district, a developing business area in Barcelona located around the old Poblenou industrial neighbourhood. The new Ca l'Alier research centres are expected to open in the summer of 2016 and to create 160 jobs.

Three of Catalonia´s most popular music groups played in Central Park in New York City on Sunday 21^st July as part of the SummerStage Festival. The three Catalan performers, Mishima, Txarango and Headbirds, participated in the event under the slogan ´Catalan sounds on tour´, with the aim to internationalise Catalan musicians and performers. The festival is organised by New York´s City Parks Foundation with the object to raise awareness of the richness of different cultures, and this year includes the participation of the Ramon Llull Institute (IRL), Catalonia's public body to promote Catalan language and culture abroad.

CatalunyaCaixa (CX) on Thursday confirmed the sale of its portfolio of high risk loans to US investment company Blackstone, consisting mainly of mortgages with a nominal value of €6.392 billion and provisions of €2.205 billion. The transaction involved the transfer of funds to a portfolio of asset-backed securities for an amount equal to its book value, €4.187 billion, with €3.615 billion supplied by Blackstone and Spain's public Fund for Orderly Bank Restructuring (FROB) providing the remaining 572 million. With this divestment, the CX solvency ratio stood at 14.9% and coverage stands at 81.6%. After this sale, the liquid assets of CX will reach €16.848 billion and the company is now ready to face its full privatisation, after it was nationalised in 2012.  In addition, Blackstone had already bought CX's real estate business in June in a €40 million operation.

Sabadell United Bank, the US subsidiary of Catalan Banc Sabadell, has strengthened its position in Florida, purchasing JGB Bank of Miami for 49.6 million dollars (€36.45 million). The Catalan company, chaired by Josep Oliu, has informed the Spanish Spanish Stock Market Authority (CNMV) about this operation on Monday. With the integration of JGB Bank, Sabadell United will become a benchmark in the U.S. state of Florida with a total of 40,000 clients, a turnover of close to 8,000 million dollars (€5,876 million) and 27 branches. The operation began in December and now, in July, the bank has received the necessary authorisation from regulatory bodies within schedule.

James Costos confirmed that the United States and its enterprises “are watching” the political process in Catalonia and are “of course interested in what the outcome will be”. The representative of the US government in Spain said in Madrid that in the event that “things change,” business needs to be prepared for this. “Business leaders have to look at things that are coming down the pike and take decisions based on that”, he stated.

Catalan parties welcomed the new King in a cold manner, and some were even directly absent from the coronation and participated instead in events in favour of a republican regime. However, after a few days of uncertainty, the President of the Catalan Government and leader of the Centre-Right pro-Catalan State CiU, Artur Mas, attended the ceremony in Madrid. Despite the fact that CiU did not give its explicit support to the King's succession, the CiU representatives were all present at the ceremony, although without showing enthusiasm. In addition, Mas insisted that he continues with his "wait and see" attitude, as the King's speech "did not offer anything new". Meanwhile, representatives from the Left-Wing Catalan Independence Party (ERC) did not attend the ceremonies, neither did representatives from the Catalan Green Socialist Coalition (ICV-EUiA), who participated in a small pro-republic demonstration in Barcelona at the exact same time the new King was swearing the Constitution.