(CNBC) ECB’s Draghi hints at a possible dip in inflation

(CNBC) “If firms start to become more uncertain about the growth and inflation outlook, the squeeze on margins could prove more persistent” Draghi said at a banking conference in Frankfurt Friday. “This would affect the speed with which underlying inflation picks up and therefore the inflation path that we expect to see in the quarters … Continue reading (CNBC) ECB’s Draghi hints at a possible dip in inflation

(EUobserver) Merkel urged Romania not to move embassy to Jerusalem

(EUobserver) German chancellor Angela Merkel personally intervened and called Romania’s president Klaus Iohannis in April urging him to stop plans by Romania’s social-democrat lead government to move Romania’s embassy to Jerusalem. The Jerusalem Post reports that Merkel also called other European politicians as part of a campaign to block the relocation of European embassies to … Continue reading (EUobserver) Merkel urged Romania not to move embassy to Jerusalem

(BBG) Facebook Faces Uproar on Crisis Response That Attacked Soros

(BBG) Facebook Inc. is coming under renewed fire for how it handled the spread of fake news and misinformation on its social network, including using aggressive tactics to discredit critics. In the wake of a scathing newspaper report on the company’s approach to managing a deepening crisis, Facebook said Thursday that it ended its work with a Republican … Continue reading (BBG) Facebook Faces Uproar on Crisis Response That Attacked Soros

(ECO) Cumprir o Programa que apresentamos – Mário Centeno

(ECO) O país tem de ter consciência plena de que, no futuro, terá que continuar a adotar medidas com vista ao controlo da evolução das contas públicas. Portugal está a percorrer um caminho de credibilização das suas finanças públicas. Muitos se questionam se esta situação é duradoura e sustentável. No essencial são os mesmos que … Continue reading (ECO) Cumprir o Programa que apresentamos – Mário Centeno

(Forbes) Eating, Drinking And Sightseeing Around The Portuguese University Town Of Coimbra

(Forbes)  A view of the town of Coimbra. Credit Getty Royalty Free The ancient town of Coimbra is a great day or weekend trip from the wine-focused cities of Porto or Lisbon, as it is located midway between the two. It sits right on the Mondego River and is served by regular train service from Porto … Continue reading (Forbes) Eating, Drinking And Sightseeing Around The Portuguese University Town Of Coimbra

(Economist) The oil price swings dramatically

(Economist) The oil price was supposed to be soaring around now. With American sanctions against Iran taking effect earlier this month, exports from that country, the world’s fourth-largest producer of crude oil last year, were expected to shrink to close to zero. In anticipation the price of Brent crude, the international benchmark, went above $86 in early … Continue reading (Economist) The oil price swings dramatically

(JN) “Camarados” – Nuno Melo

(JN) Outrora revolucionário, Francisco Louçã aburguesou-se. Provou as migalhas de poder e gostou muito. Meteu o trotskismo na gaveta, ganhou aversão ao proletariado e deu a mão ao capital, que representa feito conselheiro no Banco de Portugal. Esqueceu os desmandos igualitários da puberdade e adora ser tratado por “Professor”. Comenta as crises do BE desde a … Continue reading (JN) “Camarados” – Nuno Melo

(EUobserver) Full text of Brexit withdrawal agreement published

(EUobserver) The EU published the full text of the agreement between the UK and Brussels on a withdrawal agreement on Wednesday, just after Theresa May received backing from her cabinet for the deal. The text runs to 585 pages and will now be scrutinised by UK MPs, and EU national governments, ahead of a decisive vote to approve or … Continue reading (EUobserver) Full text of Brexit withdrawal agreement published

(BBG) May’s Brexit Deal Is Not the Answer – Bloomberg Editorial

(BBG) The U.K. needs to admit that Brexit has failed. U.K. Prime Minister Theresa May announced Wednesday that she has secured her cabinet’s support for her plan to leave the European Union. The choice now, she said, is her deal, “or leave with no deal, or no Brexit at all.” Put that way, the right choice … Continue reading (BBG) May’s Brexit Deal Is Not the Answer – Bloomberg Editorial

(EUobserver) Frontex: Spain now main destination for migrants

(EUobserver) Illegal border crossings into the EU have dropped to a five-year low, with Spain now the main destination, accounting for 60 percent of new arrivals, the EU’s border agency Frontex said on Wednesday. Frontex reported 118,900 illegal border crossings in the first 10 months of the year, which is more than 30 percent lower than in … Continue reading (EUobserver) Frontex: Spain now main destination for migrants

(ZH) Nassim Taleb Explains How The Global Economy Is More Fragile Today Than In 2007

(ZH) In what was incredibly appropriate timing given the ‘shocktober’ market blowup, Bloomberg News invited “Black Swan” author Nassim Taleb to its set on Halloween for a discussion about the increasingly fragile market ecosystem in which we all reside, and the mounting risks that, Taleb believes, could soon ignite another financial crisis that will be even … Continue reading (ZH) Nassim Taleb Explains How The Global Economy Is More Fragile Today Than In 2007

(Economist) Democrats need to see immigration as a campaign issue

(Economist) That is how Donald Trump sees it WHEN OPPOSING political parties both think they are winning, one of them is usually wrong. This is the quandary America finds itself in, after the Democrats won the House of Representatives in the suburbs, while the Republicans tightened their grip on the Senate in the sticks. It also describes … Continue reading (Economist) Democrats need to see immigration as a campaign issue

(ZH) Maduro Scrambles To Repatriate Venezuela’s Gold After Trump Crackdown

(ZH) Nicholas Maduro, Venezuela’s seemingly unshakable authoritarian ruler who has managed to hang on to power for years longer than even the most fervent optimists predicted when his country collapsed into a hyperinflationary supernova, is starting to sweat. Just four days after president Trump signed an executive order last Thursday enabling new sanctions on Venezuela’s gold sector, … Continue reading (ZH) Maduro Scrambles To Repatriate Venezuela’s Gold After Trump Crackdown

(GUA) Theresa May’s Brexit deal: everything you need to know

(GUA) What does the agreement say? Which bits are controversial? And will it get through cabinet and parliament?  Many observers believe the deal will not get through parliament, resulting either in a challenge to May’s leadership, a general election, or even a second referendum. Photograph: Andrew Matthews/PA Theresa May’s cabinet meets later on Wednesday to … Continue reading (GUA) Theresa May’s Brexit deal: everything you need to know

(ZH) Trump Mocks Macron: “They Were Starting To Learn German In Paris Before The US Came Along”

(ZH) Update (8:50 am ET): The tweets appear to have stopped…for now, at least. Meanwhile, Macron’s office has refused to comment on Trump’s claims. OFFICE OF FRENCH PRESIDENT MACRON SAYS IT REFUSES TO MAKE ANY COMMENT REGARDING TRUMP’S TWEETS CRITICISING FRANCE AND MACRON * * * Update III (8:35 am ET): Without directly referencing the rumors, Trump has … Continue reading (ZH) Trump Mocks Macron: “They Were Starting To Learn German In Paris Before The US Came Along”

(BBG) Italy Populists Stand Firm on Budget, Presenting EU Dilemma

(BBG) Italy’s populists are calling the bluff of European Union enforcers. The unlikely alliance of deputy premiers Luigi Di Maio and Matteo Salvini has stuck to the government’s 2.4 percent budget deficit and 1.5 percent growth forecast targets for next year. The move bulldozes aside attempts by Finance Minister Giovanni Tria to placate the European … Continue reading (BBG) Italy Populists Stand Firm on Budget, Presenting EU Dilemma

(Reuters) Portugal debt chief says difficult to see near-term Italian ratings downgrade

(Reuters) Italy’s credit rating is unlikely to be downgraded in the near term because the country still has a primary surplus and is less exposed to external shocks than other countries, the head of Portugal’s debt agency said on Tuesday. “I find it difficult to see Italy downgraded in the near future,” Christina Casalinho, chief … Continue reading (Reuters) Portugal debt chief says difficult to see near-term Italian ratings downgrade

(CNBC) Venezuelan inflation approaches 150,000% as Maduro’s efforts to curb huge price increases fail

(CNBC) The Bloomberg Café Con Leche Index, which gauges Venezuela’s inflation through the price of a cup of coffee, showed an annual inflation rate of 149,900 percent after its latest reading. The staggering inflation print comes after the Venezuelan government issued a new currency, the “sovereign bolivar.” One sovereign bolivar was worth 100,000 “old” bolivars. … Continue reading (CNBC) Venezuelan inflation approaches 150,000% as Maduro’s efforts to curb huge price increases fail

(Algemeiner) ‘Palestine Was the Biggest Victim of World War I’

(Algemeiner) An aerial view of the Temple Mount in the Old City of Jerusalem. Photo: Wikimedia Commons. The first sentence of this article in Al Madenah News by Dr. Mustafa Yousef Alddawi, marking the centennial of the end of World War I, is one of the most absurd things I’ve ever read in Arabic media. And that’s saying … Continue reading (Algemeiner) ‘Palestine Was the Biggest Victim of World War I’

(PUB) Onésimo Teotónio Almeida: “Haja um pouco de senso. O papel do historiador não é condenar a História, é narrar os factos, e explicar. ”

(PUB) O livro O Século dos Prodígios — uma colecção de ensaios sobre a história da ciência no período da Expansão — acaba de ser publicado e distinguido com um prémio pela Fundação Calouste Gulbenkian. Onésimo Teotónio Almeida, o autor, falou com o PÚBLICO da nova mentalidade científica que surgiu em Lisboa no século XV. Foto RUI … Continue reading (PUB) Onésimo Teotónio Almeida: “Haja um pouco de senso. O papel do historiador não é condenar a História, é narrar os factos, e explicar. ”