Marta writes about saving, investing and everyday money decisions. She translates complex financial topics into clear, actionable steps for readers who want to take control of their finances.
In 2025, Spain received a record 37.9 million tourists in Andalusia alone. Tourism moves 17% of the Spanish economy. But in the Balearic Islands, 35% of the population is at risk of poverty and exclusion while the sector generates 45% of the regional GDP. The paradox of mass tourism: aggregate wealth, distributed poverty.
Gold closed 2025 with an annual rise of 60%, its best year since 1979. In 2026 it reached all-time highs above $4,650. Some analysts project $6,300 by the end of the year. Which explains an unprecedented rally in the world's oldest metal.
When Spain denied the United States the use of its military bases to attack Iran, Trump responded with threats to cut off all trade with Spain. The Pentagon leaked that it is studying "suspending" Spain from NATO. Never in the history of the Alliance has any member been expelled. The bilateral tension with Washington is the greatest since the arrival of democracy.
On May 8, 2026, the S&P 500 closed at 7,398 points, its sixth consecutive weekly rise. The Nasdaq set a new absolute record at 26,247 points. And at the same time, the underlying producer price index rose 1% in just one month. The anomaly that no one finishes explaining: the stock market and volatility rising together.
On May 17, regional elections were held in Andalusia with tourism and housing as central axes. NATO demands decisions on defense. The judicialization of politics escalates. And the most leftist coalition government in Spanish history is navigating the perfect storm of geopolitics, judicial corruption and the housing crisis. The panorama of a year of crossroads.
The Trump family has created a crypto platform called World Liberty Financial, issued a stablecoin ($1), received $500 million from a sovereign fund in the Arab Emirates, and is now applying for a banking license from the federal regulator that his own administration controls. Elizabeth Warren calls it "the largest financial corruption we have ever seen."
In May 2026, the Spanish rental market accumulates more than 50 candidates for each available home in large cities. Young people spend more than 40% of their income to pay rent. And the Housing Law of 2023, which promised to lower prices, has caused a withdrawal of supply that has aggravated the situation. A generational crisis with no visible solution.
On March 14, 2026, 150 simultaneous protests toured Spanish cities against the war in Iran. On March 11, Spain had withdrawn its ambassador from Israel. They are the visible consequences of a foreign policy that Sánchez defends as principled and his critics describe as dangerously isolationist within NATO.
On May 19, 2026, Judge José Luis Calama formally charged José Luis Rodríguez Zapatero in the Plus Ultra case for alleged crimes of criminal organization, influence peddling, and money laundering. It is the first time in Spanish democratic history that a former president of the Government is investigated in court. The political day was an earthquake.
On May 16, 2025, Moody's downgraded the US debt rating from AAA to Aa1, becoming the last of the big three agencies to do so. The public debt exceeds $36 trillion, the projected deficit for 2026 is 7% of GDP, and Trump's fiscal package could worsen both figures. The market says it doesn't care. Economists say you should care.