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Blockchain technology could help large investment banks reduce their costs by $8 million to $12 million a year in 2025, according to a study by Accenture and McLagan. The study analyzed the cost of data of eight of the ten largest investment banks, providing a rare estimate of the potential savings blockchain could bring.

46 years ago, in 1971, a group of business leaders reunited under the patronage of the European Comission and some industrial associations. The economist Klaus Schwab chaired the first meeting, with 440 attendants from more than 30 countries in Davos, Switzerland. In this reunion, the European Economic Forum was founded as a non-profit organization with its headquarters in Geneva.

Ever since then, thousands of political and business leaders, artists and enterpreneurs have met in the anual Davos-Kloster meeting. The following 15 milestones are only some of the main events that have marked the history of the World Economic Forum.

Nearly 40% of Spaniards do not read, but reading is the second-most popular cultural activity according to the Spanish Publishers Guild’s (FGEE) 2017 Reading in Spain report. The text analyzes reading in Spain, as well as issues that affect it, such as book production and marketing. This is the Guild’s third report, following the 2002 and 2008 reports.

Cambridge University Press’ latest Cambridge Monitor reports that Europeans feel that their level of English is an average of 2.88 out of 5. Spain is the European country with the lowest level of English, as 44% of Spaniards say their level of English is “low” or “very low”. They give themselves a score of 2.67 out of 5.

In 2016, Spain increased the number of vehicles with alternative combustion engines in its autonomous communities. Electric car sales have increased by 51.5 %, with a total of 4,746 registered cars. Similarly, hybrid car sales increased 68 %, with a total of 31,019 registered vehicles in 2016.