Spain soccer stars draw ire on World Cup defeat
[MADRID] Angel de Castro's newspaper kiosk in northern Madrid is draped with red-and-yellow flags and scarves he's sure he won't be able to sell, now that Spain's World Cup is gone.
"The economic blow is great because what am I going to do with all this merchandise - I won't be selling a single banner or shirt today," said Mr de Castro in an interview.
The country's ejection from the World Cup comes as King Felipe VI was sworn in yesterday in a show of royal pomp that contrasts with the country's economic reality as it crawls out of a recession that has left a quarter of Spaniards without jobs.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
New Articles
Singapore top recipient of Q1 cross-border investments in Apac: Knight Frank
Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct
Keppel Infrastructure Trust posts 29.1% lower Q1 distributable income
Bitcoin faces worst month since FTX crash with ETF demand cooling
AIA launches wealth centre targeting high-net-worth clients
Prudential’s Q1 new business profit down 2% at S$743 million