(EUobserver) Eurogroup starts process to pick new ECB chiefs

(EUobserver)  Spain’s de Guindos, the Eurogroup’s longest-serving member, is favourite to become ECB vice-president (Photo: Council of the EU) By ERIC MAURICE BRUSSELS, TODAY, 09:18 The future of the eurozone’s monetary policies will be partly shaped on Monday (19 February) when eurozone finance ministers give their preference on who should be the next vice-president of the … Continue reading (EUobserver) Eurogroup starts process to pick new ECB chiefs

(ZH) China Threatens To Retaliate If US Imposes Metal Tariffs

(ZH) It’s not like anyone expected otherwise. Just hours after the Trump administration received a green light from the Commerce Department to impose steep tariffs on aluminium and steel imports on national security grounds across the board, but especially on China and Russian, China threatened with immediately retaliation in the latest escalation of the growing … Continue reading (ZH) China Threatens To Retaliate If US Imposes Metal Tariffs

(GUA) Inside the Sporting Lisbon academy, where Ballon d’Or winners are made

(GUA) Sporting have developed Cristiano Ronaldo, Luís Figo and eight of the 11 players who started for Portugal in the Euro 2016 final Cristiano Ronaldo, Luís Figo and Nuno Valente all passed through the Sporting academy. Photograph: Torsten Silz/AFP/Getty Images “Effort, Dedication, Devotion, Glory.” Those are the first and last words the young hopefuls see … Continue reading (GUA) Inside the Sporting Lisbon academy, where Ballon d’Or winners are made

(FXstreet)Portugal: Strong performance of economy – ING

(FXstreet) Steven Trypsteen, Economist at ING, notes that the Portuguese economy ended the year on a stronger footing than expected, due to strong export growth as in the last quarter of 2017 the economy grew by 0.7% QoQ  (2.4% YoY while we expected 2.2% YoY). Key Quotes “This is the second acceleration in a row, … Continue reading (FXstreet)Portugal: Strong performance of economy – ING

(JN) Costa, impostos, Carvalhas e a sexologia

(JN) 1. Em 2015 a conversa era outra. António Costa estava na Oposição e criticava o Governo de centro-direita, que acusava de ter ido além da troika, mesmo sabendo que cumpria o programa de ajustamento que Pedro Silva Pereira negociara em Bruxelas, mandatado por José Sócrates. Em 2018, já primeiro-ministro e sem troika, enquanto ilude o … Continue reading (JN) Costa, impostos, Carvalhas e a sexologia

(Barrons) Why the S&P 500 Can Hit 3000

(Barrons)  PHOTO: GETTY IMAGES Amid last week’s selloff, JPMorgan strategist Marko Kolanovic remained a bull. His quant models told him the drop in stocks was amplified by automated hedging programs. On Wednesday, we asked him to walk us through the reasoning that’s allowed him to resist the emotions gripping most pundits. He also shared his outlook. Barrons.com: So … Continue reading (Barrons) Why the S&P 500 Can Hit 3000

(Reuters) Japan’s Abe, Trump agree to keep up pressure on North Korea

(Reuters) Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump agreed to keep up pressure on North Korea until Pyongyang abandons its nuclear and missile programmes, Japan’s foreign ministry said on Thursday. The two leaders confirmed in phone talks on Wednesday night that there would be “no meaningful dialogue” unless North Korea agreed on … Continue reading (Reuters) Japan’s Abe, Trump agree to keep up pressure on North Korea

(GUA) Cyril Ramaphosa declared president of South Africa

(GUA) Former anti-apartheid activist turned businessman replaces Jacob Zuma, who dramatically resigned on Wednesday night.«  Cyril Ramaphosa arrives at Parliament in Cape Town to be sworn in as president on Thursday. Photograph: Mike Hutchings/AFP/Getty Images Cyril Ramaphosa has been elected president of South Africa by a parliamentary vote less than 16 hours after the resignation of … Continue reading (GUA) Cyril Ramaphosa declared president of South Africa

(BBG) New Hedge-Fund Tax Dodge Triggers Wild Rush Back Into Delaware

(BBG) Wall Street’s fast-money crowd is returning to well-trodden ground to elude Trump-era tax laws: Delaware. Since late 2017, hedge fund managers have created numerous shell companies in the First State, corporate America’s favorite tax jurisdiction. These limited liability companies share a common goal: dodging new tax rules for carried-interest profits through a bit of … Continue reading (BBG) New Hedge-Fund Tax Dodge Triggers Wild Rush Back Into Delaware

(BBG) Amazon’s Jeff Bezos Can’t Beat Washington, So He’s Joining It: The Influence Game

(BBG) In the final days of 2017, President Donald Trump attacked Amazon, tweeting that the U.S. Postal Service should charge the world’s largest online retailer “MUCH MORE!” for delivering packages. It capped a year of criticism from Trump about Amazon’s market power, impact on jobs and ties to the Washington Post, which Chief Executive Officer Jeff Bezos owns. While … Continue reading (BBG) Amazon’s Jeff Bezos Can’t Beat Washington, So He’s Joining It: The Influence Game

(Capital) Portugal’s growth is best since 2000

(Capital) Portugal’s economy is estimated to have grown by 2.7% last year, the country’s strongest rate of annual expansion since 2000, according to a flash estimate by Statistics Portugal. The national statistics office estimates that gross domestic product (GDP) improved from 1.5% in 2016 driven mainly by domestic demand, especially investment, while the contribution of net … Continue reading (Capital) Portugal’s growth is best since 2000

(BBG) Japan’s second-largest bank leases new HQ in London

(BBG) Move comes despite Brexit decision. The City of London. Demand for office space still strong despite Brexit. Sumitomo Mitsui Financial Group’’s European banking unit has agreed to lease a new European headquarters from British Land and GIC Pte at London’s Broadgate complex. Japan’s second-largest bank by market value will rent 161,000 sq ft at 100 Liverpool Street, British … Continue reading (BBG) Japan’s second-largest bank leases new HQ in London

(SUN) BORIS JOHNSON: Brexit is the great project of our age and does not mean Britain being insular — it means being more GLOBAL

(SUN) British people have voted for something positive that responds to the needs and opportunities of the world today, says Foreign Secretary Boris Johnson. THE other day a woman pitched up in my surgery in a state of indignation. It was a conversation I have often had since the referendum on June 23, 2016. No … Continue reading (SUN) BORIS JOHNSON: Brexit is the great project of our age and does not mean Britain being insular — it means being more GLOBAL

(OBS) O fim de Merkel – João Marques de Almeida

(OBS) Ninguém o quer reconhecer, mas há uma crise política na Alemanha. O partido anti-europeu foi o terceiro mais votado e os principais partidos não conseguiram uma solução de governo forte e credível. Pode parecer estranho falar do fim de Merkel quando ela acabou de fazer um acordo para uma nova grande coligação com o … Continue reading (OBS) O fim de Merkel – João Marques de Almeida

(GUA) Barclays Bank charged again by SFO over £2.2bn Qatar loan

(GUA) Charges relating to emergency fundraising in 2008 follow case against parent company last year.  The SFO has charged Barclays Bank in regard to a loan provided to Qatar in 2008. Photograph: Joe Giddens/PA The Serious Fraud Office (SFO) has charged Barclays for a second time over a $3bn (£2.2bn) loan the bank made to Qatar when … Continue reading (GUA) Barclays Bank charged again by SFO over £2.2bn Qatar loan

+++ P.O. (BBG) How to Spend a Perfect Weekend in Europe’s Coolest New Capital

P.O. In my opinion Lisbon has no match in Europe or in the World for that matter. The Algarve, a three hour drive from Lisbon, is the best beach destination in Europe,and one of the best in the World. The location, the climate, it’s history, it’s architecture, it’s gastronomy, the fantastic beaches 20 minutes away … Continue reading +++ P.O. (BBG) How to Spend a Perfect Weekend in Europe’s Coolest New Capital

+++ O.P. (Expresso) Manuel Alegre: Caso Centeno “não pode ficar sem consequências, porque o que aconteceu é contra o Estado de Direito”

O.P. Tem o Dr Manuel Alegre toda a razão. Tem mesmo carradas de razão! E o mais escandaloso foi o que disse o muito atento Dr Miguel Sousa Tavares na SIC… As buscas foram noticiadas na véspera de acontecerem por uma revista semanal e com vários órgão de Comunicação Social presentes durante as mesmas… Ou … Continue reading +++ O.P. (Expresso) Manuel Alegre: Caso Centeno “não pode ficar sem consequências, porque o que aconteceu é contra o Estado de Direito”

+++ (BBG) Global Stock Slump Continues; China Gets Hit Hard: Markets Wrap

(Bloomberg) — The sell-off in global stocks that briefly looked to have ended mid-week has come back, tipping markets from the U.S. to Asia into declines exceeding 10 percent from their January highs. China, where retail investors dominate, got hit particularly hard Friday. Equity traders have yet to get comfortable with a jump up in benchmark U.S. … Continue reading +++ (BBG) Global Stock Slump Continues; China Gets Hit Hard: Markets Wrap

(JN) Demografia marxista – Nuno Melo

(JN) Carlos Carvalhas, ex-secretário-geral do PCP, defendeu que “ter uma família numerosa é quase uma manifestação exterior de riqueza”. Tem razão. Mas o PCP deveria começar por pedir desculpa pelas responsabilidades próprias, que partilha com o BE e o PS. A quebra da demografia não se trata com ideologia; encara-se com razão de ciência. Acerca da … Continue reading (JN) Demografia marxista – Nuno Melo

(BBG) Portugal Bankers Ask for Regulatory Neutrality to Face Fintechs

(Bloomberg) — Regulation must be neutral to ensure fintech challengers follow the same rules as traditional banks, the leaders of Portugal’s biggest banks say at a conference in Lisbon. * You can’t leave the costs of keeping deposits and long-term loans to the banks and transfer all the revenue in processing payments and consumer loans … Continue reading (BBG) Portugal Bankers Ask for Regulatory Neutrality to Face Fintechs