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BBCNEWS World July 4, 2024

There will be a Repeat Election in a few months. Nothing is clear yet. We know that markets dont like uncertainty. We will see how it changes in the next few weeks. In principle, there is a deal between the socialists and the catalan party. If that extends to government, we do not know yet. We will find out pretty soon. This has all weighed quite heavily on spain in general, hasnt it . Talk us through some of the issues the country has been facing. Well, yes, at an economy level, spain is really struggling with unemployment, it is a structural problem, for the past few decades. It is the highest in all of the european union, between 11 and 12 . Especially Youth Unemployment is very high, around 20 . Is very high, around 28 . Also the highest in the eu. So the main struggle for any. The main challenge for any government is reducing unemployment. There has been progress in the past few years under the socialist led government. It has been reduced. But it still has a long way to go. Now,

BBCNEWS World Business Report June 4, 2024 13:34:00

and turning to walmart for their basics. that has been the story here. it has helped the company required historically strong results, notjust in store but online. if you look at the e commerce numbers, they were up 24% compared to a year ago today. across the board, it was a positive report, so much so that the company raised its guidance for how much they think they will make for the full year, saying they think it will be up to four and half percent higher than they thaw so previously. walmart is almost seen they thaw so previously. walmart is almost seen as they thaw so previously. walmart is almost seen as a they thaw so previously. walmart is almost seen as a barometer- they thaw so previously. walmart is almost seen as a barometer for- they thaw so previously. walmart is i almost seen as a barometer for wider america. , ., almost seen as a barometer for wider america. , . ., ., america. yes, i mean, we have had results from america. yes, i mean, we have had results from

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