Monday, February 29, 2016

US investigating diesel engines from Mercedes-Benz after fraud charges – These Days


 US authorities have opened an investigation into the diesel Mercedes-Benz engines that use technology “BlueTEC” after the charge that they emit nitrogen oxides levels higher than allowed. “We contacted the Mercedes and asked the test results of diesel engines in the United States,” he told AFP Julia Valentine, spokesman for the Environmental Protection Agency (EPA) of the country.

 The intervention agency occurred after the class action lawsuit filed in mid-February in federal court in the state of New Jersey, accusing the manufacturer to sell diesel cars in the United States that emit higher nitrogen oxide levels than authorized and to hide the mechanism of the automotive regulatory agency.

 The action listed 14 models of cars manufactured by the Daimler subsidiary Mercedes that supposedly contain the technology called “BlueTEC” that would deceive these levels.

 The plaintiffs, represented by Hagens Berman law firm, say that Mercedes-Benz has designed this technology to incapacitate the reduction system of nitrogen oxides when the ambient temperature drops below 10 degrees Celsius.

  Unfounded

 A spokesman for the manufacturer, which insists that the process is “baseless,” he told AFP on Monday that Mercedes-Benz will defend itself “with all legal means” possible.

 “We take very seriously the protection of the environment and appreciate the trust and cooperation that had previously with regulatory agencies (like the EPA). It is also in our interest to answer your questions,” said the spokesman. “We will continue to support these agencies in their diesel emissions testing,” he added.

 On its website, the Mercedes-Benz presents its BlueTEC technology as capable of reducing the “minimum emissions (…) diesel engines.”

 

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Vieira da Silva: “Unemployment is one of the most serious problems of the country” – Jornal de Negócios – Portugal

The Minister of Labour, Solidarity and Social Security, Vieira da Silva, said that unemployment remains “one of the most serious problems of the country”, referring to its resolution “will not be easy nor instant.”

the unemployment rate remained at 12.2% in January, unchanged from the previous two months, indicate the provisional estimates released by the National Statistics Institute (INE) on Monday.

“we are in a situation where unemployment remains one of the most serious problems in the country. it is positive that, compared with the corresponding figures for the previous year, continue to be a decrease in unemployment, but what concerns us most is that this decrease is not explained by a strong job creation, “the minister said on the sidelines of a visit to Raríssimas Association in Moita.

Vieira da Silva said that there is a way to go that” will not be easy or instant “, but it is necessary.

” we want unemployment down steadily, not for people dropping out to work or seek employment elsewhere, but our society have the capacity to create jobs, “he concluded .

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Prices in the euro area fall this month – Express

The price index to the consumer in the euro area is expected this month to fall 0.2%, according to projections released Monday by Eurostat, after in January the prices in the region have advanced 0.3%.

in a note on inflation in the euro zone, Eurostat shows that the negative behavior of prices is mainly affected by the energy component, which shows a decrease of 8% compared to the price levels of a year ago.

this decline in energy prices (which happens after the oil price reached in minimum January over a decade) is the sharpest since October 2015, when this line showed, according to Eurostat, a decrease of 8.5% year on year.

the other components of the harmonized index of consumer prices (used to measure inflation or deflation in the economy) have positive changes. According to Eurostat, prices in services in February grew by 1% compared to 2015.

According to the same source, there are also variations in high in other elements of the basket of prices, including food, alcohol and tobacco (0.7%) and industrial goods (0.3%). In both cases, however, the annual price variation is lower than in January.

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Retail sales rise in January after breaking at the end of the year – Jornal de Negócios – Portugal

The turnover in retail trade rose 1.2% in January over the same month last year, says the National Statistics Institute (INE) on Monday, 29 February. This follows homologous to a break of 0.5% registered in December.

The boost growth in the first month of this year was particularly the increase in sales of non-food products, which have a negative annual variation of 1.5% in December, for an increase of 1% in January. Since the sale of food products accelerated from 1% at the end of the year to 1.4% last month.

In comparison with December 2015 the turnover index in retail trade, increased by 6% in January.

According to INE data, the employment index in retail trade also increased last month but less than in December . Rose 2.6% year on year, after rising 3% in December.

Already salaries grew 4.7% compared to January 2015, and decreased 13% compared to December.

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The next oil crisis comes to ride electric cars – EN Official

 electric cars oil crisis advertised as the vehicles of the future, electric cars will be able to ride the next oil crisis, with repercussions throughout the global economy, according to the alert Bloomberg

. <- Ad Injection: random ->

a study by Bloomberg New Energy Finance, a focus group of powerful economic agency, has shown that the future of electric cars may not be as bright as it now appears.

at issue is the oil crisis will come to ride the popularization of electric cars, which now account for one percent of the vehicles circulation.

cheap oil is a nightmare for the world economy as it leads to the slowdown of the industrialized economies, with the giant China (the world’s second largest economy and soon the first) to the head.

<- Ad Injection: random ->

Bloomberg analysts have the problem in a simple way. Technological innovation has allowed lower the manufacturing costs of electric cars, which are more accessible gain market share.

In Portugal, sales soared 274.7 percent in 2015, more than double the European average (109 per cent) and well above the world average (60 percent).

But the increase in the number of electric cars on the road leads to the decrease in the number of conventional vehicles, driven by derivatives oil. And if the world economy has been slow to recover in the last two years, it is because of cheaper oil prices.



The consequences for the energy sector are unpredictable alert the study of Bloomberg New Energy Finance.

confimarem up forecasts for 2040, one in four cars on the road will be electric. It seems little, but it implies a cut of 13 million barrels of oil per day and an increase in demand for electricity corresponding to eight percent of all energy produced in the last year.

In 2040 , with prices falling as far (only the costs of batteries in 2015, down 35 percent), an electric vehicle can reach the market for less than 20,000 euros: cheaper, for example, than the familiar utility Toyota Auris.

at the current rate, anticipated analysts, the effects of this change in habits will already be felt in 2023, when they are accurate least two million barrels of oil per day, exactly the same amount that, when produced in excess, caused the oil crisis we are experiencing since 2014

a crisis that Portugal is a victim:. just remember that one of the reasons for the slow economic recovery is the slowdown in exports, which is due to cooling of the economies where we sell due to cheap oil …

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Sunday, February 28, 2016

Essence of Wine -Porto elects the “Top 10 of Portuguese Wines” – Newspapers Hardmusica

The Essence of Wine, an international event held in Porto until Sunday, February 28, already elected the Top10 of Portugeses Wines

Alentejo red, a white Douro and Madeira wine are the big winners of the competition with an international jury.

the invited international jury of the 13th edition of the “Essence of Wine -Porto “did not hesitate in choosing

red wine Julius B. Bastos Grande Reserva Alicante Bouschet 2012 (produced in Estremoz, Alentejo, the producer Julio Bastos, Quinta Dona Maria), white Mirabilis Grand Reserve 2014 (prepared in Quinta Nova de Our Lady. do Carmo in the Douro) and fortified wine Henriques Henriques Black Ink 50 years (one Madeira wine, house Henriques Henriques) are the big winners of the competition “Top 10 Portuguese Wines”.

the event took place on Thursday morning, the charismatic and unique Arab Hall of the Palacio da Bolsa, hours before opening to the public event “Essence of wine- Port”.

More than 30 judges from 13 nations (Germany, Brazil, South Korea, Denmark, Spain, France, Holland, Hong Kong, Poland, UK, Romania, Switzerland and, of course, Portugal) between journalists, bloggers, sommeliers and wine educators, proved a total of 53 wines, pre-selected by the specialized magazine WINE -. the Essence of Wine, taking into account the best ratings given by the evidence panel of publication wines evaluated in 2015

in blind probation without prior knowledge of the wine which was to be proved, most of the international group of guests from the new edition of “Essence of wine – Port.” evaluated them one last time

we in total, 31 red wines, 13 fortified wines (Port, Madeira and Moscatel) and nine white wines.

the white wines and fortified wines obtained very high scores, so the “Top 10 Portuguese wines” turned out to be composed of a total of four red wines, three white wines and three fortified wines

in addition to the big winners already mentioned, the red wines category Quinta da Touriga Chã 2013 (Jorge Rosas, Douro) was in the second position, followed by Lordelo Vineyard 2011 (Domingos Alves de Sousa, Douro) and the Malhadinha 2013 (the Malhadinha Estate, (Malhadinha Nova, Regional Alentejo).

in white wines, the second position was shared by wine Soalheiro Albariño First Vineyards 2014 (Vinussoalleirus, Vinho Verde) and Quinta dos Carvalhais Special White (Sogrape, Dan).

Finally, in the fortified, the second position is shared by the Port wine Barros Harvest 1938 (Sogevinus) and wine Moscatel JMF Alambre 40 Years Moscatel (José Maria da Fonseca).

Essence of wine-Port ends on Sunday 28 February.

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Ukrainians ask for support for Europe against Russian military intervention – A Bola

                     


                         
                         
                         Van Gaal surrendered to Rashford – “A special talent,” this is how Louis van Gaal sets Marcus Rashford, rising star in Manchester United and the name of the time in English football.
 
 Author of two goals in the Europa League match against Midtjylland, the official debut for the Red Devils, repeated the advanced 18 the feat on Sunday, `bisando’ in victory (3-2) against Arsenal.
 
 “Tell me the experience that young people play always well in the first game. The second is already different. Marcus did well in both, so it is a special talent, “assessed Van Gaal, explaining the focus on` Silver casa’:
 
 “I’d rather have a short squad so that young people can have a chance. Otherwise would always out. ”
 
 Louis van Gaal, moreover, proved to be “very satisfied” with the result and the Manchester United display before “one of the best teams’ Premier League.

                     

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Manuela Ferreira Leite calls for “consideration” in any nationalization of the New Bank – Jornal de Negócios – Portugal

The New Bank still has time to be sold. Therefore, the option to nationalize the immediate heir to the financial institution Banco Espírito Santo should not be chosen according to Manuela Ferreira Leite. But the bank’s maintenance in the public sphere is something that should be considered, even by consolidation movements that are underway in Europe, admits the former Minister of Finance.

There is a date – July 2017 – to try to sell the New Bank and this gives time for an “analysis”. And this is the “perspective” current. “There’s still a long time,” noted the former Minister of Finance in the TVI program “Politics Even”, although stressed that it is not good to have a date fixed by may precipitate a devaluation of the bank.

There thus a moment of “enough waiting” that will tell if you can “sell the bank on beneficial conditions, not only in financial terms [price] but in terms of the entire financial system.” The former minister believes that there should be no precipitations, defended the former governor.

“nationalize the bank right now? I do not think there is such urgency. I think there is time to ponder, is a situation that must be considered. Consideration should be given an overview of what we want for the financial system, “said Manuela Ferreira Leite in response to PCP’s proposal to nationalize the New Bank and the PS position, that is a matter to be analyzed.

it is important “not to lose the sovereignty”

in the usual space to comment on TVI, he argues that “it is likely” that the financial system will promote mergers and, in scope, a care should be taken to “not lose sovereignty” – but not sovereignty “that is in the treaties”

“I am part of those who fear not nationalization. – in the sense of not being national banks with national capital – of our country “, said the former Minister of PSD governments. “It is necessary to a country that wants to grow and develop to have a national banking, in order to take national capital to be able to force the financial system”, justified.

“It’s a concern I have.” Manuela Ferreira Leite gave an example: Spain. Portugal has trade relations with the neighboring country also has many competitors. The former minister “had little confidence that a Spanish institution,” if the major bank in Portugal, chose a Portuguese company, at the expense of their nationality, if he had to make “strategic options”.

the New Bank nationalization theme again be on the table, with the considerations made by Vítor Bento who said this could help that there was a great national bank, to the detriment of a foreigner to lead the process of concentration estra who believes in progress. However, PCP – which has long advocated the nationalization – has proposed the bank maintaining the state perimeter, the BE also welcomes. The PS did not close the door, speaking in the analysis of the operation, at a time when the Bank of Portugal to have relaunched the process of sale of the financial institution, after the first international competition failure.

The bank workers chaired by Eduardo da Cunha Stock also advocate nationalization, to prevent the collective dismissal of 500 workers is being considered.

At this point, it is still uncertain the extent of costs of a possible nationalization of the New Bank, which has already received 3.9 billion euros of Portuguese Treasury when its constitution. It is true that the bank’s maintenance in the state sphere violates European commitments.

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Change the gas cylinder in any store will be possible from Monday 3rd – publico

                 


                         
                     

                 

 
 

The exchange of empty gas cylinder by a new passes from Tuesday can be made at any point of sale regardless of brand, at no additional cost to consumers.

The new law requires all distributors and LPG retail operators bottled to receive and to exchange empty bottles, regardless of brand, at no additional charge to the consumer.

the changes introduced by the Oil Law package is to implement the more controversy:. commercialization of bottled gas weight, that is, the return of money equivalent to the gas that is in the bottle bottom of the customer, which has not yet time to move forward

in January, government was looking for a “safe” solution and is being carried out “studies to make feasible this marketing mode,” said Lusa source of the Ministry of Economy, which has the authority of the sector, saying it is, “a process with high technical complexity. “

However, it has already found a solution that is to be consulted in order to be ensured the feasibility, taking into account, inter alia, the security and logistics issues.

Ministry of Source of Economy told Lusa that “is in consultation with the National Authority for the Fuel Market (TNGC) the draft ordinance to be submitted for approval”, refusing to give more details on the proposal.

the Portuguese Association of Oil Companies (APETRO) warned that the return of money equivalent to the gas that is in the bottle bottom of lead “inevitably accidents”, stressing that security will look like more critical of the measure.

“These conditions quickly be exploited by more ‘expeditious’ who would try to use the most varied processes to return the bottles with more weight, taking advantage of the impossibility of making the analysis of the product each site and thus receive money improperly, “warned the association in a statement.

the new Law of the National Oil Sector, whose main objective is to promote more competition and greater monitoring in the fuel market, attaches to TNGC paper supervision, monitoring and supervision of the entire sector.

                     
                 

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Change gas cylinder at any point of sale is possible from Tuesday – Digital Journal



The exchange of empty gas cylinder by a new passes from Tuesday can be made at any point of sale regardless of brand, at no extra cost to consumers.
 

The new law requires all distributors and LPG retail operators bottled to receive and to exchange empty bottles, regardless of brand, at no additional charge to the consumer.

The package of amendments introduced by the Petroleum Industry Law is to implement the most controversial:. commercialization of bottled gas weight, that is, the return of money equivalent to the gas that is in the bottle bottom of the customer, which has not yet time to advance

in January, the Government was looking for a “safe” solution and is being carried out “studies to make feasible this marketing mode,” said Lusa source of the Ministry of Economy, which has guardianship industry, stating that it was “a process with high technical complexity.”

However, it has already found a solution that is being query object in order to be ensured the feasibility, taking into account, in particular, security and logistics.

Ministry of Source of Economy told Lusa that “is in consultation with the National Authority for the Fuel Market (TNGC) the ordinance project to be presented to approval “, refusing to give more details on the proposal.

the Portuguese Association of Oil Companies (APETRO) warned that the return of money equivalent to the gas that is in the bottle bottom of lead” inevitably accidents “, stressing that security will be the most critical aspect of the measure.

” These conditions would be quickly taken advantage of by more ‘expeditious’ who would try to use the most varied processes to return the bottles with more weight, valendo- if the impossibility of making the analysis of the product at each site and thus receive money improperly, “warned the association in a statement.

the new Law of the National Petroleum Sector, whose main objective is to promote more competition and greater monitoring in the fuel market, attaches to TNGC the role of supervision, monitoring and supervision of the entire industry

Digital Diary with Lusa

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Sesimbra is present at Tourism Fair of Lisbon – online Zoom

BTL_2015 Sesimbra will be present for the ninth consecutive year, the Lisbon Tourism fair, the largest trade show dedicated to the sector leisure and travel Portugal, which runs from 2 to 6 March at FIL, in Lisbon.

to publicize the potential of the county as a tourist destination is the main objective of this participation. The municipality’s stand will be, once again inserted in the Regional Entity of Tourism of Lisbon area, and back to give prominence to the fish by Sesimbra campaign is fish.

The beaches, heritage, the Capuchin Convent, the seabed and much appreciated traditional products will also be present

in this 28th edition of BTL. – International Tourism Fair participate over a thousand exhibitors from 40 destinations. In 2015, BTL has received 72,000 visitors during the five days of the fair, of which 35,000 were industry professionals.

CMSesimbra / Zoomonline

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Provision of home will download ten euros already in March – Daily News – Lisbon

Banking is trying to convince customers with mortgage loans to switch to fixed rate. But for now, not worth it, analysts warn, as the Euribor will remain low

The delivery of the house will fall another ten euros already in March for loans indexed to euribor six months. With the drop in interest rates to increasingly negative values, the bank tries to convince credit clients to housing to switch to fixed rate. This might be a good long-term option, but if they do have, will lose money, warn analysts.

The six-month Euribor, the most used in Portugal on housing loans, hit a new historic low of -0.129% (see chart); and even the rate at 12 months is already in -0.017%, crushing the profit margin (spread) of banks. The result is in sight: pay the house has never been cheaper

According to a simulation carried out by Deco / Money & amp; rights, taking into account the values ​​of Euribor until day 25, a family with a loan. 150 thousand euros to 30 years, indexed to Euribor six months and with a spread of 1%, will pay 474.64 euros per month from March. Are less 10.86 euros than the amount paid in September, the latest revision.

Despite the negative interest already are being slaughtered at spreads, banks are lending more money. In December, according to data from the Bank of Portugal, the new credit operations to housing amounted to 469 million euros, an increase of 13.5% over the previous month and the highest since May 2011. Accounts made, banks They lent in 2015, an average of EUR 334 million per month for the purchase of home; in 2014, the average was 193 million and in 2013, 170 million.

Fixed Rate? not does

It is true that the credit tap is looser, but the historically low levels of interest have led the bank to seek more cost-effective solutions for mortgage loans. Millennium BCP, for example, is now sending letters to customers to propose switching to a fixed rate. “Because we know that the surprise of the variation in rates can not be very pleasant, we offer you now the possibility to change, at no cost, to one of our Fixed Rate Solutions 3.5 or ten years,” reads the letter the bank to which the DN / Mad Money had access.

BPI, CGD and Santander Totta have not yet taken such an initiative, but also have products at a fixed rate. Deco, the association of consumer protection, claims to have the “perception of greater publicity for the banks at a fixed rate, especially since the end of last year.” One realizes why: Currently, only BCP and Montepio present loan solutions Euribor six months; the remaining banks have only have offers 12 months.

In any case, it makes sense to switch to fixed rate now, consider analysts surveyed by DN / Mad Money. “Interest rates are historically low and will not rise anytime soon. In the next three to four years, we will continue with low rates, and even in negative territory, there is no doubt”, assures João Pereira Leite, head of investments Banco Carregosa. And remember that all analysts predict that the next meeting of the European Central Bank (ECB) on 10 March, Mario Draghi is expected to announce a further cut in banks’ deposit rates in ten basis points.

Deco does not advise the exchange. The economist Nuno Rico recognizes that a customer who does not feel comfortable with “the instability of having to pay a different amount every month” should opt for fixed rate, but points out that, “at this time, the variable rate remains much more advantageous “. According to a Deco study comparing the two rates, a customer with a home loan of one hundred thousand euros with a maturity of 20 years and fixed rate would eventually pay at the end of this period (and assuming current market conditions maintain), more than 18 000 euros a client with indexed to Euribor credit.

with Sandra Almeida Simoes

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ASAE seized 31 tons of rabbit meat – The Ball

                     


                         
                         
                         Leicester unyielding leadership, Chelsea continues recovery – The Argentine Leandro Ulloa came with 78 minutes to ensure, in the final moments, the victory (1-0) over Norwich that keeps Leicester in leadership Premier League.
 
 The team of Claudio Ranieri sum now 56 points, five ahead of second-placed Tottenham, who has duel scheduled for this Sunday with Swansea at White Hart Lane.
 
 For its part, the Norwich – the Portuguese Ivo Pinto was totalist – may be overridden by Newcastle and fall for the descent places.
 
 Chelsea also won at the last minute (2-1), thanks to a goal from Ivanovic, confirming the turnaround on the Southampton, who played with José Fonte and Cédric Soares start.
 
 the 27th day results:
 
 Saturday:
 West Ham – Sunderland 1-0
 Watford – Bournemouth 0-0
 Leicester City – Norwich City 1-0
 Stoke City – Aston Villa 2-1
 Southampton – Chelsea 1-2
 West Bromwich – Crystal Palace 3 – 2
 
 Sunday:
 
 Tottenham – Swansea City, 14:05 hours
 Manchester United – Arsenal, 14.o5 hours
 
 postponed:
 
 Liverpool – Everton
 Newcastle – Manchester City
 
 Classification:
 
 1. Leicester City 56 points / 27 games
 2. Tottenham 51/26
 3. Arsenal 51/26
 4. Manchester City 47/26
 5. West Ham 43/27
 6. Manchester United 41/26
 7. Southampton 40/27
 8. Stoke City 39/27
 9. Liverpool 38/26
 10. Watford 37/27
 11. Chelsea 36/27
 12. Everton 35/26
 13. West Bromwich 35/27
 14. Crystal Palace 32/27
 15. AFC Bournemouth 29/27
 16. Swansea City 27/26
 17. Norwich City 24/27
 18. Newcastle 24/26
 19. Sunderland 23/27
 20. Aston Villa 16/27
 
 News updated at 20:58 hours

                     

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Portal of Finance had peak access on the last day of the validation of invoices – publico

                 


                         
                     

                 

 
 

The Portal of Finance registered a peak of hits on Monday, the last day that taxpayers had to confirm the outstanding bills on your personal page in E-Invoice.

according to data published by the Ministry of Finance, on that day the system held about 27 million transactions in response to requests from taxpayers. It is a record “record of electronic transactions in one day,” said the ministry in a statement. The day before, for example, the number of operations had remained below 15 000, show figures released by Finance.

About 1.4 million taxpayers authenticated up on 22 February. Initially, the deadline for the validation of invoices issued last year ended on 15 February, but the government decided to take another week for citizens to do it.

a few hours to finish this period would later be extended, a system error prevented the citizens validate the time information. in the last days of the period, it was confirmed that there was a “concentration hits. “

in order to address access in recent days, was then assembled a” contingency plan “to ensure the” availability of E-Invoice system to taxpayers, without loss of performance capability of the remaining services provided in the Portal of Finance “.

This is because the deadline for confirmation of invoices coincided with” the deadline for delivery by all companies (individual and collective), the personal and corporate income withholding source, as well as stamp duty, with the performance replied system with full success, “the ministry led by Mário Centeno.

with the postponement of the deadline for the validation of invoices, the ministry also decided expand the following deadlines to delivery of IRS statements, whose dates have also changed.

the deadline for the Tax Authority and Customs provide the final value of deductions from taxpayers in the E-Invoice site now becomes be on 15 March (instead of 1 March). From this new date until March 31, taxpayers may claim the Portal of Finance or a finance service values ​​of deductions calculated by the tax authorities.

This is the first year in which the vast majority deductions to the IRS collection (relative to 2015) are automatically calculated based on invoices submitted to the tax authorities

How is a year of adjustment, the government set up a transitional regime for some expenses. – education, health , homes and property charges – can be presented in the statement of IRS income. In this case, the calculation of tax deduction shall take into account the value declared by subject IRS liability, replacing the bill that has been communicated to the tax authorities.


                     
                 

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Saturday, February 27, 2016

Fitch and S & P cut ratings of Brazilian operator Hi – publico

                 


                         
                     

                 

 
 

The financial rating agencies Standard & amp; Poor’s and Fitch lowered the rating long-term Brazilian telecommunications company Hi.

The information was released to the Portuguese Securities Market Commission (CMVM) by the company Portuguese Pharol, the former PT SGPS, which owns 27.5% of the operator Hi, between direct and indirect participation

the Standard & amp.; Poor’s lowered the rating assigned to the Brazilian operator on one level, from BB- to B +, while Fitch decreased by three levels from BB to B.

In both cases, the ratings assigned are out of investment grade (ie, are considered speculative investment or “junk”), and may yet again be cut, since the perspective given by the rating is “negative”.

last week it was known that the Italian operator TIM informed the Russian fund LetterOne Technology that does not intend to further negotiations with the Hi with a view to merging assets.

                     
                 

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G20 will use “all tools” to boost growth – publico

                 


                         
                     

                 

 
 

More words than action. The G20 countries have said they will use all the tools available to counter the cooling trend of the global economy, and that alone, the monetary policies of central banks are not enough – but have no agreed position on that specific measures apply <. / span>

“We agreed to use all the tools – monetary, fiscal and structural – to boost growth”, said on Saturday the Chinese Finance Minister Lou Jiwei, a press conference held after a meeting which met in Shanghai, the heads of finance of the 20 largest world economies, as well as the governors of the central banks.

the official communiqué issued by the G20 argues that there is an ongoing economic recovery, but a pace that is not enough for sustained growth:. “the global recovery continues but remains uneven and falls short of our ambition for a strong, sustainable and balanced growth”

it was expected that the meeting of the G20 in Shanghai – the highest level following the bringing together the leaders of these countries – did not result in any global stimulus plan. On Friday, statements of some leaders have made clear the existence of different views, with Germany to refuse the hypothesis one fiscal stimulus package, which would pass through an increase in public expenditure and, consequently, the indebtedness of countries. “The growth model based on debt financing reached the limit,” said German Finance Minister Wolfgang Schäuble, saying not accept a “package of fiscal measures of the G20, as some propose.” The French Michel Sapin said for his part that his country is not able to move forward on this path and others with greater capacity should do so -. A reference to Germany, which registered last year a record budget surplus

the G20 meeting was held with the backdrop of multiple risks for the world economy: the slowdown in Chinese growth to the lowest level of the last quarter century, the cooling of other emerging economies (including the Brazil , grappling with a financial crisis and political), the fall in world trade and the price of raw materials, with the expectation that the global oil supply continues to exceed demand at least throughout this year and next.

the official statement also points out the risk “of escalating geopolitical tensions” and the “growing number of refugees in some regions” as well as “the shock of a potential output of the United Kingdom of the European Union.” According to the Financial Times and Reuters, the reference to a possible UK output was absent from earlier drafts and was included in the final version of the document under pressure from British representatives. The continuity of the country in the bloc will be endorsed in June and Prime Minister David Cameron, and the majority of its Government, are in favor of permanence.

The policies of central banks were also in up the discussion table. The idea of ​​an agreement similar to the 1985 (which then devalued the dollar against other currencies) has emerged in the media coverage of the meeting, but the charge dismissed from the outset any chance of a similar pact. The official statement said that monetary policies that have been carried out by central banks – which in Europe include negative interest rates and asset purchase programs to inject money into the economy – will continue “to support economic activity and ensure stability price “, although it is argued that” alone can not lead to balanced growth. “

it seems, however, be an understanding to avoid a currency war with countries to devalue the currency as a tool competitiveness for their exporters. “If political decisions – for example, on domestic issues – lead to devaluation, we must inform and consult the different countries,” he said, quoted by Bloomberg, the Minister of Dutch Finance, and President of the Eurogroup, Jeroen Dijsselbloem

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In the “TOP 10 PORTUGUESE WINES» ELECTED In »WINE ESSENCE – PORT» – Faces


             
                                                 


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                                                 rostos.pt - your digital diary

                                                 
                                                 
                                                 

The invited international jury of the 13th edition of “WINE ESSENCE – PORTO” was sovereign: red wine Julius B. Bastos Grande Reserva Alicante Bouschet 2012 (produced in Estremoz, Alentejo, the producer Julio Bastos, Quinta Dona Maria) , white Mirabilis Grand Reserve 2014 (prepared in Quinta Nova de Nossa Senhora do Carmo in the Douro.) and the fortified wine Henriques & amp; Henriques Black Ink 50 years (one Madeira wine, house Henriques & amp; Henriques) are the big winners of the competition “Top 10 Portuguese Wines”.
                                                 

                                                 The event took place Thursday morning in the singular Arab Hall of the Palacio da Bolsa, hours before opening to the public event “WINE ESSENCE – PORTO”. More than 30 judges from 13 nations (Germany, Brazil, South Korea, Denmark, Spain, France, Holland, Hong Kong, Poland, UK, Romania, Switzerland and of course, Portugal) – among journalists, bloggers, sommeliers and wine educators – proved a total of 53 wines, pre-selected by the specialized magazine WINE – the Essence of Wine, taking into account the best ratings given by the evidence panel of publication wines evaluated in 2015. in blind probation without prior knowledge of the wine which was to be proved, most of the international entourage of guests from the new edition of “wINE ESSENCE – PORTO” evaluated them one last time. In total, 31 red wines, 13 fortified wines (Port, Madeira and Moscatel) and 9 white wines.

The white wines and fortified wines obtained very high scores, so the “Top 10 Portuguese Wines” turned out to be composed of a total of four red wines, three white wines and three fortified wines

in addition to the big winners already mentioned, the red wines category Quinta da Touriga Chã 2013 (Jorge Rosas, Douro) was in the second position, followed by Lordelo Vineyard 2011 (Domingos Alves de Sousa, Douro) and the Malhadinha 2013 (Malhadinha Nova, Regional Alentejo). In white wines, the second position was shared by wine Soalheiro Albariño First Vineyards 2014 (Vinussoalleirus, Vinho Verde) and Quinta dos Carvalhais Special White (Sogrape, Dan). Finally, in the fortified, the second position is shared by the Port Wine Barros Harvest 1938 (Sogevinus) and wine Moscatel JMF Alambre 40 Years Moscatel (José Maria da Fonseca).

This is the “TOP 10 PORTUGUESE WINE “:

1 RED WINE:

 Julius B. Bastos Grande Reserva Alicante Bouschet 2012 (Julio Bastos, Alentejo)

1 WHITE WINE:

 Mirabilis Grande Reserva 2014 (. Quinta Nova de Nossa Senhora do Carmo, Douro)

1 WINE FORTIFIED

 Henriques & amp; Henriques Black Ink 50 years (Henriques & amp; Henriques Madeira Wine)

Quinta da Touriga Chã 2013 (Jorge Rosas, Douro)

 Came from Lordelo 2011 (Domingos Alves de Sousa, Douro)

 Malhadinha 2013 (Malhadinha Nova, Regional Alentejo)

 First sunny Vineyards 2014 (Vinussoalleirus, Vinho Verde)

 Quinta dos Carvalhais Special White (Sogrape, Dan)

 Barros Harvest 1938 (Sogevinus, Port Wine)

 JMF Alambre 40 Years Moscatel (José Maria da Fonseca Moscatel)

A DREAM WEEKEND IN PURSE PALACE

Wines with more than 130 years, rare labels and unique that mark the history of the last decades of the main Portuguese demarcated regions abreast of the latest releases in the market, Australian specimens, south American and famous sparkling wines of Catalonia. The world of wine is literally in the Stock Exchange Palace until Sunday

The 13th edition of “WINE ESSENCE – PORTO.” Stems from the excellent pace and in the final two days booking great moments. A test with port wines including centenarians specimens, a tasting of chocolates made from wine, with evidence compelling labels Portugal and super premium wines with evidence of Bairrada, Douro and Dao. At the same time, more than 3,000 wines from 350 producers, domestic and foreign.


                                                 
                                                 


                                                 
                                                  27/02/2016 – 14:33

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