(KeepTalkingGreece) Germany makes €2.9billion profit from Greece’s crisis since 2010

(KeepTalkingGreece) Germany has earned around 2.9 billion euros in profit from interest rate since the first bailout for Greece in 2010. This is the official response of the Federal Government to a request submitted by the Green party in Berlin. The profit was transmitted to the central Bundesbank and from there to the federal budget. … Continue reading (KeepTalkingGreece) Germany makes €2.9billion profit from Greece’s crisis since 2010

(ECO) Portugal é o país europeu mais atrativo para os investidores, diz EY

(ECO) Portugal é a economia europeia mais atrativa para os investidores, diz a EY. Portugal atraiu 68 novos projetos de investimento estrangeiro em 2017, que criaram quase oito mil postos de trabalho. Capa da análise da EY à atratividade da economia portuguesa.EY A receita para a atratividade parece infalível. Bom tempo, boa comida, economia a recuperar … Continue reading (ECO) Portugal é o país europeu mais atrativo para os investidores, diz EY

(BBC) Online Retailers Can Be Forced to Collect Tax, High Court Rules

(BBC) The U.S. Supreme Court rules states can collect sales tax from online retailers. The U.S. Supreme Court freed states and local governments to start collecting billions of dollars in new sales taxes from online retailers, overturning a ruling that had made much of the internet a tax-free zone and put traditional retailers at a … Continue reading (BBC) Online Retailers Can Be Forced to Collect Tax, High Court Rules

(BBC) Italy migrant row: Move to seize two Med rescue ships

(BBC) Image copyrightEPAImage captionThe two ships work for the German NGO Mission Lifeline Italy says it will seize two migrant rescue ships in the Mediterranean, citing doubts over their legal status. Italian authorities said the Lifeline and Seefuchs, operated by the German migrant rescue group Mission Lifeline, were “illegally” flying the Dutch flag. The Lifeline … Continue reading (BBC) Italy migrant row: Move to seize two Med rescue ships

(ZH) Intel CEO “Resigns” After Probe Finds Relationship With Employee

(ZH) Intel CEO Brian Krzanich has ‘resigned’ after an ongoing investigation by internal and external counsel has confirmed he had a past consensual relationship with an Intel employee – which is a violation of Intel’s non-fraternization policy. At the same time – putting some lipstick on this pig – Intel raised Q2 revenue guidance from $16.3bn to $16.9bn. … Continue reading (ZH) Intel CEO “Resigns” After Probe Finds Relationship With Employee

(ECO) Endividamento da economia agrava-se. Toca novo recorde nos 724,3 mil milhões de euros

(ECO) O endividamento da economia portuguesa agravou-se em abril. Aumentou em 4,6 mil milhões de euros, ascendendo a 724,3 mil milhões de euros. O endividamento da economia portuguesa voltou a agravar-se. Em apenas um mês, aumentou em 4,6 mil milhões de euros, atirando o valor total para um novo máximo histórico de 724,3 mil milhões de euros. O … Continue reading (ECO) Endividamento da economia agrava-se. Toca novo recorde nos 724,3 mil milhões de euros

(JN) Contas à moda do PS – Nuno Melo

(JN) No SNS gere-se o caos. Faltam médicos, enfermeiros e técnicos de saúde. Há menos camas disponíveis, encerram-se serviços, aumentam as listas de espera para consultas, tratamentos, intervenções cirúrgicas e acumulam-se as dívidas aos fornecedores. Mesmo assim, confrontado com a realidade, António Costa argumenta que foram contratados mais profissionais de saúde. Puro cinismo e reserva … Continue reading (JN) Contas à moda do PS – Nuno Melo

(ZH) “Qatar Island”: Saudis Launch Massive Canal Project To Cut Off Neighbor

(ZH) It almost sounds too insane to be believed, but Saudi Arabia’s move to further isolate neighboring Arab rival Qatar by literally turning it into an island is but the latest in an intense year long feud between the two countries that has already produced its fair share of bizarre headlines. Tiny but ultra-wealthy Qatar is a … Continue reading (ZH) “Qatar Island”: Saudis Launch Massive Canal Project To Cut Off Neighbor

(CNBC) Bitcoin is ‘not for me’ but it’s too ‘arrogant’ to say it won’t have a future, Goldman Sachs CEO says

(CNBC)  Goldman Sachs CEO Lloyd Blankfein. Goldman Sachs CEO Lloyd Blankfein does not own bitcoin, but he did not rule out Tuesday the cryptocurrency having a future. During a talk at the The Economic Club of New York, the banker struck an optimistic tone on bitcoin. He explained how the world moved from gold to fiat currencies that … Continue reading (CNBC) Bitcoin is ‘not for me’ but it’s too ‘arrogant’ to say it won’t have a future, Goldman Sachs CEO says

(Economist) Why so many World Cup sponsors are from China

(Economist) Many Western companies have withdrawn their support CHINA’S footballers have only qualified once for the finals of the men’s World Cup and that appearance—in South Korea and Japan in 2002—was forgettable. The Chinese team failed to score a goal and conceded nine, crashing out of the tournament at the group stage. But even though China … Continue reading (Economist) Why so many World Cup sponsors are from China

(BBG) ECB’s Job-Rich Recovery Shows Up in Portugal as Italy Struggles

(BBG) The European Central Bank’s choice of Portugal for its annual forum puts its officials in a nation that shows what can be achieved by cheap funding and a program of economic reform — and the limits. Portuguese unemployment has dived since the euro area came out of a double-dip recession and debt crisis in … Continue reading (BBG) ECB’s Job-Rich Recovery Shows Up in Portugal as Italy Struggles

(DV) Moody’s: Crédito malparado melhorou mas continua elevado

(DV) Fotografia: REUTERS/Mike Segar O crédito malparado dos bancos portugueses melhorou substancialmente em 2017, mas continua acima da média do sector a nível europeu. O rácio de crédito malparado (‘nonperforming loans’) dos bancos portugueses diminuiu de 19,5% para 15,2% ao longo de 2017. A descida foi substancial e menteve-se nos primeiros meses deste ano, mas … Continue reading (DV) Moody’s: Crédito malparado melhorou mas continua elevado

(MW) Deutsche Bank to sell $1 bln shipping-loan book

(MW) Deutsche Bank AG (DBK.XE) said Tuesday that it has agreed to sell a $1 billion shipping-loan portfolio to an entity owned by funds Oak Hill Advisors and Varde Partners. The transaction is expected to close early in the third quarter, the bank said. It didn’t disclose the name of the entity. “Following this disposal … Continue reading (MW) Deutsche Bank to sell $1 bln shipping-loan book

(AM) Trump threatens $450 billion in total China tariffs

(AM) The president says the U.S. would implement an additional $200 billion in tariffs if China retaliates against the $50 billion already planned. PHOTO:      President Donald Trump on Monday evening threatened tariffs of up to $450 billion annually against Chinese products if trade actions between the two countries escalate. In a statement, Trump announced … Continue reading (AM) Trump threatens $450 billion in total China tariffs

(CNBC) GE shares drop after blue chip is booted from the Dow after 110 years

(CNBC) General Electric to leave the Dow Jones index   General Electric shares were lower early Wednesday, a day after news that the industrial conglomerate would be replaced on the Dow Jones industrial average by Walgreens Boots Alliance. Shares of GE, which has been in the blue-chip benchmark continuously since November 1907, fell more than 2 percent in premarket trading Wednesday to … Continue reading (CNBC) GE shares drop after blue chip is booted from the Dow after 110 years

(BBC) EU to launch counter-tariffs against US on Friday

(BBC) Image copyrightDEVAKI KNOWLESImage captionThe EU will target emblematic US exports such as blue jeans The European Union will launch a raft of retaliatory tariffs against US exports on Friday, a top official has said. The move comes after US President Donald Trump imposed steep duties on steel and aluminium earlier this month. American exports … Continue reading (BBC) EU to launch counter-tariffs against US on Friday

(ECO) Bloomberg: Altice vai vender torres da Meo ao Morgan Stanley

(ECO) A Altice deverá anunciar em breve a venda das torres de telecomunicações da Meo ao Morgan Stanley, avança a Bloomberg. A Altice estará prestes a fechar a venda das torres de telecomunicações da Meo ao ramo de investimento do Morgan Stanley, avançou a Bloomberg (acesso condicionado). A agência refere que a transação poderá ser anunciada ainda esta quarta-feira e confirma … Continue reading (ECO) Bloomberg: Altice vai vender torres da Meo ao Morgan Stanley

(ZH) Global Markets Tumble As Trade War Fears Spike; China Crashes

(ZH) Bulletin headline summary from RanSquawk DAX and FTSE at 1 month lows in sour risk tone as Trump issues USD 200bln tariff threat Tariff threats send the DXY to YTD high Looking ahead, highlights include, the Technical committee meeting between OPEC and non-OPEC members, ECB’s Lane and Fed’s Bullard The headline news that dominate markets today … Continue reading (ZH) Global Markets Tumble As Trade War Fears Spike; China Crashes

(WSJ) The Force Behind Europe’s Populist Tide: Frustrated Young Adults

(WSJ) Struggling to find jobs, and often living at home, younger generations are propelling antiestablishment parties to new heights of power A youth revolt is upending Italian politics, and it could be a harbinger of things to come. Western Europe’s largest antiestablishment government came to power earlier this month, driven largely by young Italian voters. Struggling … Continue reading (WSJ) The Force Behind Europe’s Populist Tide: Frustrated Young Adults

(Xinhua) Markets look to ECB forum in Portugal for rates clues

(Xinhua) — A three-day European Central Bank (ECB) conference gets underway in Portugal on Monday as markets seek further clues regarding future interest rates rises. Last week the financial markets reacted sharply to the ECB’s announcement that it would keep interest rates low until the summer of 2019, while phasing out its quantitative easing program … Continue reading (Xinhua) Markets look to ECB forum in Portugal for rates clues