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This episode examines a symbolic demographic shift in Spain, where births rose by 1% in 2025 after a decade of steady decline. Despite this modest rebound, deaths still outnumbered births by more than 125,000, keeping the country in natural population decline. We explore the rise of late motherhood—particularly among women over 40—regional disparities between growing areas like Madrid and Murcia and shrinking regions such as Galicia, and the broader challenge of structural aging as deaths among those over 80 continue to increase.