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Watch CNBC's full interview with ECB policymaker Mario Centeno
  + stars: | 2024-04-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with ECB policymaker Mario CentenoMario Centeno, Governor of the Bank of Portugal, discusses the inflation outlook, and shares his views on prospective ECB rate cuts.
Persons: Mario Centeno Mario Centeno Organizations: ECB, Bank of Portugal
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Karthik Shanadi and Luke McGurrin did just that — and they started their brand, Greek House, out of their fraternity house with a slim $500 budget. Since launching Greek House in 2013, the cofounders have added three more apparel brands. Courtesy of Karthik ShanadiIt helped that Shanadi and McGurrin eventually expanded into what he considers a "high barrier niche": licensed merchandise. In 2016, about three years after starting Greek House, they received a notice from a licensing agency.
Persons: , Karthik Shanadi, Luke McGurrin, Shanadi, McGurrin, Brian Chesky, Threadly, that's, We're Organizations: Service, Business, University of Florida Locations: Portugal, Philippines, India
"We realized we couldn't afford the mortgage and the car payments and everything," Stonestreet told me. Americans work more, vacation less, spend more on healthcare, and die sooner than people in other high-income economies. These factors likely explain why some Americans are moving to countries that aren't generally considered low-cost-of-living locales. She said that living abroad afforded her a degree of flexibility and spontaneity that would be out of reach back home. From their temporary perch in Tirana, Albania, the couple told me via WhatsApp that their only regret about moving abroad was not doing it sooner.
Persons: Amelia Basista, Stonestreet, Basista, Maliya, I'm, Fale, scoping, Cristina Johnson, Johnson, Mariana, Dustin Lange, that's, Mariana Lange, Mark Zoril, Andrew Hallam, Zoril, hasn't, — Zoril, Tomorrow's Organizations: State Department, American Citizens, Monmouth University, Labor Statistics, Financial Technology Association, Business Locations: South America, Denver, Cuenca, Ecuador, Germany, Canada, France, Minneapolis, Latin America, America, Puerto Morelos, Mexico, Pennsylvania, Belize, States, Austin, North Carolina, Central America, Portugal, Spain, Lisbon, Europe, Tirana, Albania
April Jereza never intended to move abroad to Madrid, Spain, but now that she's been there for seven years, she thinks she'll stay for the long haul. "People in Madrid, and Spain in general, really understand that you don't live to work; you work to live," Jereza says. Other data touts the city's big benefits for professionals: Madrid is the No. 1 best city for remote work, according to a new analysis from Remote.com, a global HR platform for distributed teams. She now works as a product manager for a multinational social media agency from its Madrid office and works remotely part of the week.
Persons: Jereza, she's, she'll Organizations: CNBC Locations: Madrid, Spain, Canada, Europe, Remote.com, Spain Madeira, Portugal Toronto, Canada Auckland , New Zealand Tokyo, Japan Paris, France Portland , Maine, USA Taipei, Taiwan Stockholm, Sweden Reykjavik, Iceland
United Airlines on Tuesday cut its aircraft-delivery expectations for the year as it grapples with delays from Boeing , the latest airline to face growth challenges because of the plane-maker's safety crisis. "We've adjusted our fleet plan to better reflect the reality of what the manufacturers are able to deliver," CEO Scott Kirby said in an earnings release. In January, United said it was taking Boeing's not-yet-certified Max 10 out of its fleet plan. The airline said it has converted some Max 10 planes for Max 9s. United is also facing a Federal Aviation Administration safety review, which has prevented some of its planned growth.
Persons: Scott Kirby, United, Boeing's, Max, Max 9s Organizations: Airlines, Boeing, Airbus A321neos, Max, Federal Aviation Administration, CNBC, FAA, Alaska Airlines, United, Revenue Locations: U.S, Newark , New Jersey, Faro, Portugal, Tokyo, Cebu, Philippines, Southwest
The Brazilian chefs Leticia Schwartz and Luiza Souza shared their favorite dishes, including feijoada. Souza and Schwartz shared their favorite Brazilian dishes that embody the spirit of Rio during Carnival and beyond. Bar da Gema's fried polenta with oxtail, one of the restaurant's most popular dishes. Nico Schinco for BI"Feijoada is the most iconic food of Brazil and from Rio," Schwartz said. One of Bar da Gema's most popular dishes is coxinha, fried teardrop-shaped dough filled with shredded meat.
Persons: Leticia Schwartz, Luiza Souza, , Schwartz, Nico Schinco, Gema, Kristin Bethge, Souza, Leandro Amaral, Amaral, Rio doesn't, Eduardo Gomes, brigadeiro, Brazil it's, BI Schwartz, hasn't Organizations: Service, Brazil's, BI Souza, Catholic, BI, Rio, polenta, Ash Locations: Rio de Janeiro, Greenwich , Connecticut, Rio, Bahia, Brazil, Brazilian, sprinkles, France, French, Portugal, French Guiana, Rio ., Minas Gerais, Curitiba
Iran has warned that it will respond with “stronger and more resolute” actions if Israel retaliates over this weekend’s strikes, according to Tehran’s ambassador to the United Nations. Biden will also meet with G7 leaders on Sunday “to coordinate a united diplomatic response to Iran’s brazen attack,” according to a statement released by the White House. US defensive assets moved to the region earlier this week and “helped Israel take down nearly all of the incoming drones and missiles,” according to the statement. US forces intercepted more than 70 one-way attack drones and at least 3 ballistic missiles Iran fired toward Israel, according to two US official familiar with the situation. US fighter jets were also part of the US’ response to Iran’s attack on Saturday and shot down drones launched towards Israel, another US official told CNN.
Persons: Israel, Benjamin Netanyahu, Joe Biden, Iran –, , , Biden, Netanyahu, Jordan, ” CNN’s Nic Robertson, , Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Donald Trump, IRGC, Qassem Soleimani, Ayatollah Ali Khamenei, Ebrahim Raisi, IRNA, ” Israel, General Mohammad Reza Ashtiani, Iran’s, António Guterres, Josep Borrell, Rishi Sunak, Javier Milei, Manuel Adorni, CNN’s Paul Murphy Organizations: CNN, Israel, United Nations, Iran, White House, US Navy, US, Revolutionary Guards, Iran’s Defense, Foreign Ministry, UN, British Locations: Iran, Syria, Israel, Republic, Haifa, Jordan, Iraq, Lebanon, Jerusalem, Tel Aviv, Gaza, Damascus, Baghdad, Lebanese, Quds, East, Europe, America, Saudi Arabia, Egypt, France, Netherlands, Austria, Czech Republic, Spain, Portugal, China, Beijing, Chile, Mexico, Denmark
Mediterranean Shipping Company (MSC) has confirmed the seizure, saying there are 25 crew on board. Portugal’s government said that it was in touch with the Iranian authorities. The Strait of Hormuz, at the northern end of the Gulf of Oman, is the biggest oil chokepoint in the world. The United Kingdom’s Foreign Secretary, David Cameron, wrote on social media platform X that he had spoken with Israeli war cabinet minister Benny Gantz. The two discussed their “shared concerns about Iranian threats to attack Israel,” Cameron wrote, adding that “further escalation in the region is in no-one’s interest and risks further loss of civilian life.”
Persons: CNN —, IRNA, , Eyal Ofer, Joe Biden, Daniel Hagari, Israel, David Cameron, Benny Gantz, ” Cameron, Organizations: CNN, CNN — Iran’s Revolutionary Guards, Iran’s Revolutionary Guard Corps, Navy, Zodiac, Mediterranean Shipping Company, United, Israel Defense Forces, United Kingdom’s Locations: Israeli, Hormuz, Iran, Syria, Portuguese, Gulf of Oman, Tehran, Iranian, United States, Damascus, Gaza, The Iran, Yemen, Red, Israel
Your boss could soon be fined for contacting you after hours under new legislation in California. If the bill becomes law, any employer that violates it could face a fine of at least $100. At least 10 other countries including France, Canada and Portugal have laws supporting workers' "right to disconnect." The bill only regulates employers in California, so remote workers in California reporting to out-of-state employers are not counted in the bill. Instead, he hopes it encourages employers to have "transparent, upfront" conversations with employees about when and how they work.
Persons: Matt Haney, Haney Organizations: CNBC, Companies, Pew Research Locations: California, San Francisco, France, Canada, Portugal, York City
As a backup plan, they've begun acquiring second passports. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Not everyone has the means to prepare an exit plan, but the wealthy Americans who do, are. They've started acquiring second passports to other countries through so-called golden visa programs, which allow wannabe residents to establish residency through investment. Here are some of the top countries they're eyeing if they need to make a break for it.
Persons: they've, , They've Organizations: Service Locations: America, Portugal, Malta, Greece, Italy, New Zealand, States
Wealthy U.S. families are increasingly applying for second citizenships and national residences as a way to hedge their financial risk, according to a leading law firm. The wealthy are building these "passport portfolios" — collections of second, and even third or fourth, citizenships — in case they need to flee their home country. "The U.S. is still a great country, it's still an amazing passport," said Dominic Volek, group head of private clients at Henley & Partners. Instead, many wealthy Americans are shopping around for an added visa or citizenship program to supplement their U.S. passport. According to Henley, the top destinations for supplemental passports among Americans are Portugal, Malta, Greece and Italy.
Persons: Robert Frank, citizenships, Dominic Volek, Peter Thiel, Eric Schmidt, Volek, Henley, It's Organizations: Henley & Partners, ., Henley, Malta, Visa Locations: Wealthy, New Zealand, Cyprus, Portugal, Malta, Greece, Italy, Europe, European, Germany, France, U.S
CNN —Monday’s total solar eclipse, one of the most highly anticipated events of 2024, has come and gone. But the next total solar eclipse won’t occur until August 12, 2026, said Amir Caspi, a principal scientist at the Southwest Research Institute in Boulder, Colorado. The next total eclipse in the USThe US won’t catch a glimpse of a total solar eclipse again until March 30, 2033, and even then the Russia-centric path includes only Alaska, with totality lasting 2 minutes and 37 seconds. A partial solar eclipse will shine over most of the country during that celestial event. The next total solar eclipse with a coast-to-coast path spanning the Lower 48 states will occur on August 12, 2045.
Persons: it’s, Amir Caspi, Caspi Organizations: CNN, NASA, Southwest Research, New Zealand, Democratic Locations: Chile, Argentina, South America, Boulder , Colorado, Greenland, Iceland, Spain, Russia, Portugal, Europe, Africa, North America, Alaska, North Dakota, Montana, California , Nevada , Utah , Colorado , Kansas , Oklahoma , Arkansas , Mississippi, Alabama, Florida, Australia, New, Namibia, Botswana, South Africa, Lesotho, Nigeria, Cameroon, Chad, Sudan, Egypt, Saudi Arabia, Iran, Afghanistan, Pakistan, India, China, North, South Korea, Japan, Angola, Democratic Republic of Congo, Uganda, Kenya, Somalia, Malaysia, Indonesia, Brunei, Philippines
Spain plans to end "golden visas" for non-EU citizens investing €500,000 in real estate. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSpain will no longer hand out "golden visas" to foreigners willing to pay big bucks for them. AdvertisementIn the last year, Ireland, the Netherlands, Portugal, and Greece have all shut down or tightened their golden visa programs for similar reasons. In 2018, New Zealand banned foreigners from buying existing homes following a housing affordability crisis, similar to Spain and Portugal's current situation.
Persons: , Pedro Sánchez, Sánchez, it's, Peter Thiel, Meghan Morris Organizations: EU, Service, European Union, Associated Press, OECD, Investment, Henley & Partners Locations: Spain, Portugal, Greece, Ireland, Netherlands, Barcelona, Madrid, Valencia, Europe, New Zealand
CNN —An international court in France on Tuesday ruled Switzerland’s failure to adequately tackle the climate crisis was in violation of human rights, in a landmark climate judgment that could have a ripple effect across the globe. The European Court of Human Rights (ECHR) in Strasbourg, France delivered its ruling in a case brought by more than 2,000 Swiss women, the majority of whom are in their 70s, against Switzerland’s government. “It means that all European countries must urgently revise their targets so that they are science-based and aligned to 1.5 degrees. Those two claims were ruled “inadmissible.”Swedish climate activist Greta Thunberg, second left, joins youths from Portugal during a demonstration outside the European Court of Human Rights on Tuesday in Strasbourg, France. Both the International Court of Justice and the Inter American Court of Human Rights have cases pending which relate to the human rights impacts of climate change.
Persons: , ” Gerry Liston, Vesselina Newman, ClientEarth, Greta Thunberg, Jean, Francois Badias, , Catarina dos Santos Mota, ” Liston Organizations: CNN, of Human Rights, Swiss, Switzerland, Global, Network, of Human, International Court of Justice, Inter American Court of Human Locations: France, Strasbourg, Portugal, Switzerland, Swiss
What to do with your solar eclipse glasses
  + stars: | 2024-04-09 | by ( Taylor Nicioli | ) edition.cnn.com   time to read: +3 min
For the fortunate folks who witnessed the rare solar event, there may not be a need to throw out gently used pairs of solar eclipse viewing glasses. That means the same glasses worn during the 2024 total solar eclipse will serve as effective protection during the next total solar eclipse in 2026 that will be visible over Greenland, Iceland, Spain, Russia and a small portion of Portugal and appear as a partial eclipse in parts of Europe, Africa and North America. Where to donate solar eclipse glassesIf the owner of a pair of solar eclipse glasses is not planning on globe-trotting to catch a glimpse of the upcoming solar eclipses, there are several organizations collecting viewers with the aim of donating to those who will be on the path of upcoming events. Eclipse Glasses USA, a retailer of eclipse glasses approved by the American Astronomical Society, is collecting used but undamaged glasses to send to schools in Chile and Argentina that will be within the path where the October 2024 annular eclipse, otherwise known as the “ring of fire,” will be visible. Astronomers Without Borders, a nonprofit organization that collected more than 2 million glasses after the 2017 total solar eclipse and redistributed hundreds of thousands of pairs before the 2024 eclipse, has a growing list of drop-off locations for donations of gently used glasses.
Persons: , , Kerry Hensley, Hensley Organizations: CNN, American Astronomical Society, AAS Nova, American Academy of Ophthalmology Locations: North America, Greenland, Iceland, Spain, Russia, Portugal, Europe, Africa, United States, North Dakota, Montana, Chile, Argentina
Europe’s top human rights court said in a landmark ruling on Tuesday that the Swiss government had violated its citizens’ human rights by not doing enough to stop climate change. But the court rejected climate-related cases brought by the former mayor of a coastal town in France and a group of young people in Portugal as inadmissible. The cases, the first of their kind to be heard at the court, the European Court of Human Rights in Strasbourg, France, are part of a broader movement of climate-related lawsuits that aim to use human rights law to push governments to act against global warming. The rulings focused on three cases, filed by members of the public in France, Portugal and Switzerland who argued that their governments, by not doing enough to mitigate climate change, were violating the citizens’ rights under the European Convention on Human Rights.
Organizations: Swiss, of Human Rights, European, Human Rights Locations: France, Portugal, Strasbourg, Switzerland
Read previewParts of the United States experienced a total solar eclipse on Monday, April 8. Unfortunately, the next opportunity to see a total solar eclipse in the US isn't for a few decades, when two more total solar eclipses will pass over areas of the country. A total solar eclipse occurs when the moon passes between the Earth and sun, completely blocking the latter from view. For example, the next total solar eclipse will pass over Greenland, Iceland, Spain, Russia, and part of Portugal on August 12, 2026, per NASA. AdvertisementThe next total solar eclipse in the US is set for 2044.
Persons: , Manfred Gottschalk Organizations: Service, Business, NASA Locations: United States, Montana , North Dakota, South Dakota, California, Florida, Greenland, Iceland, Spain, Russia, Portugal, Africa, Europe, North America
The cruise continued sailing, and the tour company said they left her with other stranded cruisers. AdvertisementIt wasn't a surprise to Julie Lenkoff's family that she was going on another cruise. During the tour, she passed out and fell, Diogo Beirão, the chief operating officer of the tour company, confirmed to BI. Kurt said he and the rest of Lenkoff's family had no idea this was happening since Norwegian hadn't contacted them. Kurt GiesToday, Lenkoff is in critical conditionSince arriving at the hospital in California, Kurt told BI that Lenkoff has undergone numerous tests and scans.
Persons: Julie Lenkoff, Lenkoff, , Julie Lenkoff's, Kurt Gies, Lenkoff's, Lana Gies, Kurt, Navetur, Diogo Beirão, Beirão, hadn't, São, Jay Campbell, should've, WRAL, Jill Campbell, Lana, Julie, gurney, Kurt Gies Kurt, would've Organizations: Service, Stanford Medical Center, BI, Campbells, North, Apple, Lenkoff Locations: Norwegian, Africa, São, Gambia, African, American, Lisbon, Portugal, United States, Toronto, San Francisco, California
Work is part of our identity here in a way that people from other countries find at turns fascinating and pathological. The bill would aim to ensure that people aren’t pinged with work emails, texts or calls outside their established work hours, with notable exceptions for emergencies or scheduling issues. If the boss intrudes on your non-work window three times, you can report them and the state could impose fines starting at $100. No one likes pausing Succession to respond to a 9pm request, but the guilt of ignoring it and wondering whether your boss will be mad at you is also, like, not fun. A historically tight labor market has given workers more leverage to negotiate their pay, hours and working conditions.
Persons: CNN Business ’, they’re, , Matt Haney, “ Workers shouldn’t, intrudes, Mike Solana, Ashley Herd, Herd, Haney, FDR, , there’s, she’s, ” Herd, , Jeanne Sahadi Organizations: CNN Business, New York CNN, Lawmakers, State Assembly, “ Workers, Nanny, Fund, Pew, Fair Labor, Act Locations: New York, France, California, Australia, Italy, Portugal, Belgium, “ california
Opinion | The Great Struggle for Liberalism
  + stars: | 2024-03-28 | by ( David Brooks | ) www.nytimes.com   time to read: +1 min
In 1978, the Russian dissident Aleksandr Solzhenitsyn gave a commencement address at Harvard, warning us about the loss of American self-confidence and will. “A decline in courage may be the most striking feature that an outside observer notices in the West today,” he declared. The enemies of liberal democracy seem to be full of passionate intensity — Vladimir Putin, Xi Jinping, Donald Trump, campus radicals. He shows how it was created by real people in real communities who wanted richer, fuller and more dynamic lives. The Dutch merchant fleet was capable of carrying more tonnage than the fleets of France, England, Scotland, the Holy Roman Empire, Spain and Portugal combined.
Persons: Aleksandr Solzhenitsyn, , Vladimir Putin, Xi Jinping, Donald Trump, Fareed Zakaria’s, Zakaria doesn’t Organizations: Harvard, Republicans, Trump Locations: Russian, West, Dutch Republic, Dutch, France, England, Scotland, Empire, Spain, Portugal, Paris
CNN —Age, they say, is just a number – an adage that appears to ring true for soccer star Lionel Messi. “The truth is I haven’t thought about it yet,” said Messi, who turns 37 in June. “Today, I try to enjoy it day-by-day, enjoy every moment without thinking about it more than that. Messi celebrates winning the World Cup with Argentina in 2022. Asked about what will factor into his decision to retire, Messi said: “The moment that I’m not at the level to deliver, that I’m not enjoying it, that I’m not helping my teammates.
Persons: Lionel Messi, Messi, hasn’t, Ballon d’Or, , it’s, Cristiano Ronaldo, aplenty, Nassr, Carl Recine, Reuters Messi, I’m, , ” Messi, Argentina’s, El Savaldor Organizations: CNN, Argentina, La Liga, Barcelona, Reuters, MLS, Inter Miami, Leagues, Eastern Conference, El, Inter, New York Locations: , Portugal, Saudi Arabian, Costa Rica, New York City
Kylie Adamec moved to Portugal in 2022 after struggling to get her career off the ground in the US. I had a medical emergency when I was 23 years old, and I had a private healthcare plan in the United States. There's an analogy for how people socialize in the United States versus in Portugal. It describes people in the United States as peaches, and people in Portugal as coconuts. Moving back to the United States permanently?
Persons: Kylie Adamec, , I've, Adamec, he'd, who's, It's, Jermaine Amado, Camila Ana Organizations: Service, Colgate, North Locations: Portugal, Chicago, New York City, Lisbon, Wisconsin, Milwaukee, Madison, Toronto, Rome, Europe, New York, Tennessee, United States, Casa Azul, Americas, Japan, Turkey, Spain, Malaysia, Belize, El Salvador
While he is earning more, Burton feels that life in London can be stressful and lonely. AdvertisementThis as-told-to essay is based on a conversation with Michael Burton, a 28-year-old quantity surveyor from Ireland who moved to London in 2023. Courtesy of Michael BurtonIn 2018, I left Ireland after graduating from university and moved to London. AdvertisementI lived in London until COVID hit in 2020 and then moved back to Ireland. If they are as strong as I believe, then moving to a different place shouldn't really affect them.
Persons: Michal Burton, Burton, he'll, , Michael Burton, COVID, There's, wouldn't, I'd, Michael Burton London, I'm, I've, hasn't Organizations: Service, Ireland Locations: Ireland, London, Lisbon, Enniskerry, Wicklow, It's, Dublin, East London, COVID, Tooting, Balham, Wandsworth
AdvertisementOther candy makers should take notes because Trader Joe's clearly knows what it's doing when it comes to chocolate. I fell in love with the lemon-and-ricotta ravioli's tasty fillingThis lemon-and-ricotta option is my new favorite Trader Joe's ravioli. These blueberry-and-lemon hand pies are the perfect pastry for the spring seasonThe blueberry-and-lemon hand pies from Trader Joe's look homemade. Trader Joe's Portuguese custard tarts totally lived up to the hypeTrader Joe's Portuguese custard tarts blew me away. If someone told me Trader Joe's lemon sheet cake came from a fancy bakery, I wouldn't question it for a second.
Persons: , I've, Wilson, Joe's, they're, Savanna, I'm, seitan, pico, gallo, there's, Joe's didn't, Parmesan, Almond, Wilson I'm, graham, They'd, Meyer, munch, Wilson I've, Ina Garten, They're, madeleines, Florentine, Joe, Wilson It's, frosting, pasteis, nata, I'd, pretzels, Joe's dulce, dulce de Organizations: Service, Business, Wilson Locations: Savanna, Eastern Europe, Parmesan, Portugal
We'll show you your streaming options, including where to watch free MotoGP live streams from anywhere. If you're not sure how to tune in or you're hoping to watch for free, then you're in luck. MotoGP quick links USA: Max ($9.99)Max ($9.99) UK: TNT Sports (£30.99)TNT Sports (£30.99) Austria: ServusTV (FREE)ServusTV (FREE) Access free live stream from anywhere via ExpressVPNExpressVPN Upcoming: Grande Prémio Tissot de Portugal, March 22-24 MotoGP Race on Sunday, March 24 at 10 a.m. Shop at MaxWhere to watch MotoGP in AustriaIn Austria, MotoGP races are available to stream for free through ServusTV. How to watch MotoGP from anywhereIf you're not in Austria right now, you can use a VPN (virtual private network) to access the free live streams.
Persons: Italy's Francesco Bagnaia, Bagnaia, Tissot, Tissot de Portugal, Grande, Max, HBO Max, it's, ExpressVPN Organizations: Business, MotoGP, Ducati Lenovo, Prix, Qatar, TNT, Max, HBO, Warner Bros Locations: Portugal, We'll, Austria
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