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☆ ECB's Centeno projects 'a few' more rate hikes in the next couple of meetings 'at least'
▼ + stars: | 2023-01-17 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

DAVOS, Switzerland — There will be "at least" a few more rate hikes in the next couple of meetings, an ECB member told CNBC Tuesday. December inflation came in at 9.2% in the euro zone, according to preliminary numbers. "We have and can expect a few more rate hikes in the next couple of meetings at least," Mario Centeno, Governor of the Bank of Portugal, said in Davos. The latest ECB projections suggest a growth rate of 0.5% for the euro zone in 2023, followed by 1.9% in 2024. Economists have become more positive on the euro zone outlook in recent weeks.

Like most European countries, Portugal is accelerating its shift to renewables to reduce reliance on imported fossil fuels whose prices have surged since Russia's invasion of Ukraine. He expected Europe's accelerating push for renewable energies to help streamline the licensing of hybrid projects and shorten their implementation times from up to six years now. It is already building four other parks in Iberia and plans to bring online 1.6 GW of hybrid capacity there this decade. EDPR has an installed capacity of 3.4 GW in Iberia alone and 14.3 GW globally. Reporting by Sergio Goncalves and Miguel Pereira, editing by Andrei Khalip and David EvansOur Standards: The Thomson Reuters Trust Principles.

☆ Morning Bid: Paging Mr. Powell
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +2 min

Asian stocks edged lower on Tuesday after recent gains even as Asian tourism-focused businesses geared up for a return of Chinese tourists after the country's borders reopened on Monday. Later on Tuesday, Fed boss Powell is set to make a speech that could give further clarity on the pace of rate hikes while U.S. inflation data out on Thursday will further cement expectations. In Japan, consumer inflation exceeded the central bank's 2% target for a seventh straight month in a sign of broadening inflationary pressure. Reuters Graphics Reuters GraphicsMeanwhile, the French need to prepare to work longer than they do now. Reporting by Anshuman Daga; Editing by Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ 'Mad Dog' Marcio Freire dies in surfing accident in Nazaré, Portugal
▼ + stars: | 2023-01-06 | by ( ) www.nbcnews.com time to read: +1 min

LISBON — Veteran Brazilian surfer Marcio Freire died on Thursday while practicing tow-in surfing on the giant waves in Nazaré on the central coast of Portugal, the local maritime authority said. Freire was one of the three Brazilian surfers who became known as the “Mad Dogs” after conquering the giant wave “Jaws” in Hawaii. Legend,” posted fellow big wave surfer Nic von Rupp. American Garrett McNamara put Nazaré on the map in 2011 when he set a world record for the biggest wave ever surfed at 78 feet. Brazilian Rodrigo Koxa bettered McNamara’s mark in 2017, also at Nazaré, and German Sebastian Steudtner broke the record again there in 2020, surfing an 86-foot wave.

☆ App store avalanche forecast as Apple bows to EU demands
▼ + stars: | 2022-12-16 | by ( Martin Coulter | ) www.reuters.com time to read: +3 min

The bloc's Digital Markets Act (DMA) will force Apple and fellow tech giant Google to provide space for third-party app stores on their respective iOS and Android devices. Ben Wood, CMO of industry analysis firm CCS Insight, said he expects "an avalanche of app stores" in the near future. "There's an emerging 'coalition of the willing', and all of them have a vested interest in no longer having to pay what they see as a tax to Apple," Wood told Reuters. Deals for exclusive content could drive competition in app stores in the same way as it has in the "streaming wars" between Netflix and challengers like Disney+ and Amazon Prime, Trezentos said, adding: "Netflix has content that HBO doesn't have ... App stores can be like that." "The biggest hurdle they are going to need to overcome is the consumer," Wood at CCS Insight said.

☆ Tearful Ronaldo the lasting image of Portugal World Cup debacle
▼ + stars: | 2022-12-11 | by ( Fernando Kallas | ) www.reuters.com time to read: +3 min

DOHA, Dec 11 (Reuters) - Cristiano Ronaldo running to the tunnel in tears and as desolate as the football world has ever seen him will be the lasting image for Portugal fans looking back on the World Cup in Qatar. Ronaldo, a five-times Ballon D'Or winner, arrived with a mission to prove he could still make a difference. It was another tale of hope turned to disappointment, controversy and under-achievement on the biggest stage for Ronaldo, who was playing his fifth World Cup and hoping it would set him up for new opportunities after his departure from Manchester United. Ironically, in a Portugal team full of stand-out players, Ronaldo fell victim to the abundance of options that coach Fernando Santos had at his disposal. Before the World Cup, Ronaldo refused to say that the tournament in Qatar would be his last and he was already looking ahead to the 2024 European Championship.

☆ Leave Ronaldo alone, says Portugal coach Santos ahead of quarter-final
▼ + stars: | 2022-12-09 | by ( Rohith Nair | ) www.reuters.com time to read: +3 min

Later, the country's football federation had to publicly deny reports that their skipper had threatened to leave during the tournament after talking with Santos. "He (Ronaldo) has never told me he wanted to leave our national team. It's high time to leave Ronaldo alone and acknowledge what he has done for Portuguese football," Santos said. "But we had a normal conversation where I explained my viewpoints and, of course, he accepted. We had a frank and normal conversation."

☆ Portugal young gun Ramos faces tough test from wily Saiss
▼ + stars: | 2022-12-08 | by ( Shady Amir | ) www.reuters.com time to read: +2 min

Ramos, 21, made headlines when the teams were announced, picked to lead the attack in place of Portugal's all-time leading scorer Cristiano Ronaldo who was relegated to the bench. It did not take long for the youngster to become one of the biggest stories of the Qatar World Cup. Ramos made his debut in Portugal's 4-0 win over Nigeria in a warm-up game before the World Cup and played a total of 10 minutes as a substitute in two of the three group matches. Perhaps Ramos, who helped Benfica reach the Champions League last 16 this season, benefited from being the third striker in the squad behind Ronaldo and Andre Silva. He will now be firmly in the spotlight when Morocco coach Walid Regragui considers his tactics.

☆ Gonçalo Ramos: Meet the striker who replaced Cristiano Ronaldo and made World Cup history at Qatar 2022
▼ + stars: | 2022-12-07 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

Not only was it his first start at Qatar 2022, the tournament’s first hat-trick, but Ramos’ three goals in this last-16 tie puts Ronaldo record in one-off World Cup games somewhat in the shade. Ronaldo has never scored in a World Cup knockout match, despite competing in five tournaments. Michael Steele/Getty ImagesBenfica CampusRamos is a product of the famous Benfica academy. Never gives up!” Ramos’ Benfica teammate Grimaldo told Marca. His trio of goals ensured Ramos became the first player to score a hat-trick in his first World Cup start since Miroslav Klose against Saudi Arabia in 2002.

☆ Ronaldo in sharp focus ahead of Portugal match against Switzerland
▼ + stars: | 2022-12-05 | by ( Karolos Grohmann | ) www.reuters.com time to read: +2 min

AL RAYYAN, Qatar, Dec 5 (Reuters) - Speculation regarding the future of Portugal's Cristiano Ronaldo and his outburst following his substitution against South Korea were in sharp focus on Monday ahead of their World Cup last-16 game against Switzerland. "I have not spoken to him about this," Santos told a news conference ahead of Tuesday's game against the Swiss. For Santos, what is important is Portugal reaching the last eight for the first time since 2006. Portugal always have the obligation to win," said Santos, who has been in charge since 2014. After each game, if you win the game you are closer to being a favourite," he added.

☆ Cristiano Ronaldo Kicks Off His Final World Cup With a Win
▼ + stars: | 2022-11-24 | by ( Joshua Robinson | Jonathan Clegg | ) www.wsj.com time to read: 1 min

Cristiano Ronaldo of Portugal celebrates with Joao Felix after scoring via a penalty during Portugal’s win over Ghana on Thursday. DOHA, Qatar–The most famous person at this World Cup is rapidly aging, stewing over the nightly news and currently unemployed. These are tough times to be Cristiano Ronaldo.

LISBON, Nov 23 (Reuters) - Further consolidation of Portugal's banking sector is inevitable, European Central Bank member Mario Centeno told Reuters on Wednesday, calling "remarkable" the recent progress the country's banks have made on strengthening capital and reducing risk. Analysts have said that Portuguese banks should bet on M&A operations to achieve better competitive conditions, despite the five largest players' owning 80% to 85% of banking assets. Portugal's banks are still scarred from a debt crisis and a spike in NPLs after the 2010-13 recession. The NPL ratio for Portugal's lenders was 3.4% of total credit in June, versus 17.9% in mid-2016. "Although I am very satisfied with the evolution...there is no point in resting, we have to challenge ourselves," Centeno said.

☆ Cristiano Ronaldo defends timing of controversial interview, says it ‘won’t shake’ Portugal team
▼ + stars: | 2022-11-21 | by ( Zayn Nabbi | ) edition.cnn.com time to read: +2 min

CNN —Portugal captain Cristiano Ronaldo has defended the timing of his interview with Piers Morgan, telling reporters on Monday it “won’t shake the changing room’s concentration and focus” ahead of the World Cup. “In my life, the best timing is always my timing,” Ronaldo said at press conference. Ronaldo is appearing in his fifth and possibly final World Cup and says Portugal is the best team at the tournament. “We will see in the end who the best team is, but I believe Portugal is the best team in this World Cup. Portugal is in World Cup Group H alongside Ghana, Uruguay and South Korea.

☆ Portugal can count on Ronaldo in Qatar, Silva says
▼ + stars: | 2022-11-12 | by ( ) www.reuters.com time to read: +2 min

Nov 12 (Reuters) - Cristiano Ronaldo retains the support of his Portugal team mates despite his recent problems, midfielder Bernardo Silva said as the side prepare for their eighth World Cup tournament in Qatar. But Silva, who plays for English champions Manchester City, and will participate in his second World Cup, said Ronaldo remained central to Portugal's ambitions. Portugal have never won the World Cup, with third place in 1966 their best performance. "Our goal is to be champions but we must take it slowly, game by game. Portugal open their campaign in Qatar on Nov. 24 against Ghana in Group H, which also contains South Korea and Uruguay.

☆ We’re on a ‘highway to climate hell,' UN chief Guterres says, calling for a global phase-out of coal
▼ + stars: | 2022-11-07 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +1 min

U.N. Secretary-General Antonio Guterres speaking at the COP27 climate change summit in Sharm El-Sheikh, Egypt. "We are on a highway to climate hell with our foot still on the accelerator," he told attendees. "We are on a highway to climate hell with our foot still on the accelerator." "But we cannot … accept that our attention is not focused on climate change." While collaboration was needed to bolster peace efforts and end "tremendous suffering," climate change was "on a different timeline, and a different scale."

☆ Dead bodies are randomly mummifying in Portugal, baffling scientists and sparking a crisis in its graveyards
▼ + stars: | 2022-11-03 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +7 min

Graveyards in Portugal are running out of space, partly because bodies aren't decaying as expected. Under local laws implemented to save space, bodies need to be routinely exhumed so that skeletal remains can be laid to rest in smaller containers. Scientists like Krap use facilities that have access to donated bodies to study decomposition, so-called body farms. A lasting effect on culture, and grief"This has a social impact, which is quite a big deal for my own country," Silva Bessa said. But, as Silva Bessa noted, for the Portuguese "it's quite the tradition to bury the bodies not to cremate them."

☆ Europe's militaries have been working together for years to keep an eye on what Russia is up to at sea
▼ + stars: | 2022-10-31 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +6 min

The Nord Stream pipeline sabotage in September drew new attention to maritime threats in Europe. European militaries have already been working on new ways to protect undersea infrastructure. Although the pipelines were not in use— Nord Stream 1 was shut down in March by EU sanctions against Russia, and Nord Stream 2 wasn't yet operational—the incident highlights the risks to underwater infrastructure. Even before the war in Ukraine, Western officials had grown worried about increasing activity by Russian ships and submarines around underwater cables crossing the Atlantic. "Russia is clearly taking an interest in NATO and NATO nations' undersea infrastructure," the admiral said at the time.

☆ NATO navies are teaming up for the first time to practice using drones to hunt submarines and other undersea threats
▼ + stars: | 2022-10-21 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +7 min

The exercise, Dynamic Messenger 22, was held in the waters off of Portugal's Troia Peninsula from September 23 to September 30. NATO Maritime CommandDynamic Messenger 22 involved 1,500 personnel from 16 NATO member-states operating more than 18 ships and 48 unmanned vehicles. NATO Maritime CommandMany NATO members see unmanned maritime assets as valuable additions to their fleets, and the role of those assets in alliance naval exercises has increased in recent years. A concerted effortA drone helicopter in use during NATO exercise Dynamic Messenger. NATO Maritime CommandREPMUS — short for "Robotic Experimentation and Prototyping using Maritime Uncrewed Systems" — supports NATO's Maritime Unmanned Systems Initiative, which was launched in October 2018 to promote the use of unmanned systems in the alliance's naval operations.

☆ Putin to annex four Ukrainian territories in Kremlin ceremony on Friday
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Ceremony to take place in Grand Kremlin Palace on FridayPutin to make major speech, meet Russian-installed leadersRussia to annex 15% of UkraineUkraine and West denounce 'referendums' as illegalLONDON, Sept 29 (Reuters) - Russian President Vladimir Putin will on Friday begin formally annexing 15% of Ukrainian territory, presiding at a ceremony in the Kremlin to declare four Ukrainian regions part of Russia. Putin's spokesman Dmitry Peskov said the ceremony would take place at 3 p.m. (1200 GMT) on Friday in the St George's (Georgievsky) Hall of the Grand Kremlin Palace to sign "agreements on the accession of new territories into the Russian Federation". Agreements will be signed "with all four territories that held referendums and made corresponding requests to the Russian side", Peskov said. Following the signing ceremonies, Putin will give a major speech and meet with Moscow-appointed administrators of the Ukrainian regions. The ceremony is part of a process in which Peskov said Putin would separately address the Russian parliament at a later stage.

☆ Ukrainians flee from Russian annexation - while they still can
▼ + stars: | 2022-09-28 | by ( Jonathan Landay | ) www.reuters.com time to read: +5 min

As Russia prepares to annex a swathe of Ukrainian territory the size of Portugal after staging what it calls referendums in four provinces, hundreds of Ukrainians escaped through the last Russian checkpoint. For now, Russian forces have been letting some people out of occupied parts of Kherson and Zaporizhzhia provinces through the one checkpoint. The biggest fear is that fighting-aged men will be press-ganged into Russian forces once Moscow declares the territory to be Russia. With public schools ordered to switch to the Russian curriculum and classes in Russian next month, she did not want her 13-year-old son Bogdan returning to the local school. Kyiv and Western countries call the exercise a complete sham, aimed at justifying the annexation of territory seized by force.

☆ Ukraine annexation votes to end amid Russian mobilisation exodus
▼ + stars: | 2022-09-26 | by ( Tom Balmforth | ) www.reuters.com time to read: +6 min

A man walks with his bicycle past banners informing about a referendum on the joining of Russian-controlled regions of Ukraine to Russia, in the Russian-controlled city of Melitopol in the Zaporizhzhia region, Ukraine September 26, 2022. The mobilisation has also seen the first sustained criticism of the authorities within state-controlled media since the war began. Over the weekend, Russian Foreign Minister Sergei Lavrov said Russia would defend any territory it annexes using any weapons in its arsenal. Even traditional Russian allies such as Serbia and Kazakhstan have said they will not recognise the annexation votes. When it held a referendum in Crimea after seizing that peninsula in 2014, it declared 97% of people had voted for annexation.

☆ EU crisis response meeting to discuss developments in Russia
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterEuropean Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, June 17, 2022. REUTERS/Yves Herman//File PhotoBRUSSELS, Sept 26 (Reuters) - Ambassadors of European Union member states have been invited to a meeting of the bloc's crisis response working group on Monday to discuss concerns about an escalation of the war in Ukraine, an EU official and an EU diplomat said. Register now for FREE unlimited access to Reuters.com RegisterThe closed-door meeting in Brussels was due to start at 10 a.m. (0800 GMT), the sources said. By incorporating the areas of Luhansk, Donetsk, Kherson and Zaporizhzhia into Russia, Moscow could portray efforts to retake them as attacks on Russia itself. Register now for FREE unlimited access to Reuters.com RegisterReporting by John Chalmers and Sabine Siebold, editing by Charlotte Van Campenhout and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: World leaders to attend Queen Elizabeth's funeral
▼ + stars: | 2022-09-12 | by ( ) www.reuters.com time to read: +6 min

Canadian Prime minister Justin Trudeau and Sophie Gregoire Trudeau attend the funeral of Her Majesty Queen Elizabeth II in Westminster Abbey. Jack Hill/Pool via REUTERSRegister now for FREE unlimited access to Reuters.com RegisterLONDON, Sept 19 (Reuters) - Queen Elizabeth's state funeral will take place in London on Monday and a host of world leaders, royalty and other dignitaries will attend. Countries that have not been invited include Syria and Venezuela because London does not have normal diplomatic relations with those states. Britain has also not invited representatives from Russia, Belarus or Myanmar after it imposed economic sanctions on those countries. Related ContentFactbox: Plans for Queen Elizabeth's state funeral on MondayFactbox: Comments from crowds in London on Queen ElizabethFactbox: World leaders to attend Queen Elizabeth's funeralFactbox: Order of service for Queen Elizabeth's state funeralWindsor Castle, Queen Elizabeth's home and now final resting placeWestminster Abbey - traditional church for royals in life and death(This story was refiled to correct spelling of first name of Belize governor general)Register now for FREE unlimited access to Reuters.com RegisterCompiled by Farouq Suleiman and Kate Holton Editing by Deepa Babington and Frances KerryOur Standards: The Thomson Reuters Trust Principles.

☆ See Europe's less-crowded destinations as Americans flood the hot spots
▼ + stars: | 2022-08-18 | by ( Terry Ward | ) edition.cnn.com time to read: +15 min

North Jutland, DenmarkSouthern Europe swells with crowds during summer, and it can also get hot to the point of extremely uncomfortable in July and August. Temperatures in Seville and other spots in southern Spain recently exceeded the 110˚ Fahrenheit mark (43.3 Celsius). MontenegroLeave Croatia’s jam-packed Dubrovnik to the hordes of “Game of Thrones” hangers-on and make for less-trampled spots in neighboring Montenegro instead. It’s just 40 minutes from the popular beaches of Taormina, which are flooded with “White Lotus” fans this summer. There are beaches all around the peninsula, but if you only hit two, Mylopotamos and Fakistra on the Aegean side are the can’t-miss spots.

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☆ The Best Books to Take You Through Lisbon, Portugal
▼ + stars: | 2022-06-29 | by ( Djaimilia Pereira De Almeida | ) www.nytimes.com time to read: +2 min

Read Your Way Around the World is a series exploring the globe through books. Lisbon has long been marked by a certain wistfulness. But for those who come with that vision, the city today will surprise with its diversity and color. What should I read before I pack my bags? The literary critic George Steiner wrote that the book “gives to Lisbon the haunting spell of Joyce’s Dublin or Kafka’s Prague.”

Persons: Victor Palla, Costa Martins, Fernando Pessoa, José Maria de Eça de Queiroz, Bernardo Soares, Pessoa, George Steiner, ” Organizations: Cidade Locations: Lisbon, Europe, “ Lisboa, e Alegre, Costa, Sintra, Pessoa’s, Dublin, Kafka’s Prague

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