Spain Surprised By "Cold" This Past Winter -- Are You Kidding Me? April 11, 2021

Link here.  From The Daily Star: Spain trims 2021 GDP forecast as Covid, snow hit economy.  Whatever happened to global warming? Spain was Europe's poster child taking on global warming -- now hit with cold weather -- cold weather that may have wiped out much of France's vineyards, and hit Spain back in January.

Isn't is supposed to get cold in winter? Whatever.

From the linked article:

The Spanish government lowered its growth forecast for 2021 on Friday after fresh pandemic restrictions led to a weaker-than-expected first quarter.

It now expects the Spanish economy, the eurozone's fourth largest, to grow by 6.5 percent this year, down from the 7.2 per cent forecast in October. "The recovery ... slowed in the first quarter and was lower than what we expected," Economy Minister Nadia Calvino told a news conference. 

"We expect growth to speed up in the second half of 2021," she added.Spain suffered a third wave of Covid-19 infections during the first two months of the year which led to tighter curbs on social life. 

And in early January much of the centre of the country including Madrid were hit by a massive snowstorm which paralysed the economy for days.

The downward revision puts the government's forecasts more in line with those of other bodies.The Bank of Spain last month lowered its 2021 growth forecast to 6.0 percent from 6.8 per cent while the International Monetary Fund expects a 6.4 per cent expansion.

France? Link here. 

French fruit growers and winemakers are warning that the majority of their harvest this year has been lost to this week's frost (early April, 2021).

"N region has been spared: beets, rape, barley, vines, fruit trees ... all the different king of support must be activated urgently," the National Federation of Unions for Farmers stressed.

I guess global warming isn't as bad as it's been cracked up to be. 

Meanwhile, here in the states, hitting on all cylinders, thank you Mr Trump, Berkshire Hathaway hit a new milestone: BRK-A closed right at $400,000. Link here. 

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