Tag Archives: portugal

Weekend is perfect to brunch, don’t you think? Are you a brunch

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Weekend is perfect to brunch, don’t you think? Are you a brunch lover?
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#traveling #wanderlusters #foodie #brunchtime #brunch #travel #travelblogger #travelgram #food #foody #foodporn #foodphotography #beautifuldestinations #portugal #lisboa #traveler #wanderlust #travelawesome #portugal_gems #portugal_places #bloggerstyle #influencer #finland_frames #traveladdict #traveldrops #travelbag #travelingfanatics #igers #igersportugal #brunchlife

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Carmakers race higher, Johnson jitters for sterling

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LONDON (Reuters) – A speeding autos sector and hopes for even lower borrowing costs buoyed world stocks on Tuesday, while a brief sterling rally proved short-lived as hard-Brexit advocate Boris Johnson was confirmed as Britain’s new prime minister.

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 22, 2019. REUTERS/Staff/File Photo

Corporate results from oil bellwether Halliburton, Swiss bank UBS and Apple supplier AMS had all helped Europe’s morning mood though it was a 4% surge from the auto sector that provided the real torque. [.EU]

German parts makers Hella and French peer Faurecia surged as much as 6% and tire maker Continental leapt 5.8% despite another profit warning, putting the sector on track for its best day since Jan. [.EU]

The region-wide STOXX 600 benchmark added over 1% while Wall Street’s main markets were expected to open 0.3%-0.4% higher later after a flurry of largely upbeat earnings from the likes of Coca-Cola and United Technologies. [.N]

“The results are coming in and have helped the market today and we are still under the influence of interest rates,” said Francois Savary, the chief investment officer of Prime Partners, referring to expectations of U.S. and ECB rate cuts.

He also said Wall Street earnings had provided no scares so far and this week’s results from Facebook, Amazon.com and Google parent Alphabet would “drive the market up the road”.

Ahead of the U.S. open, the International Monetary Fund lowered its forecast for global growth this year and next, warning that more U.S.-China tariffs, auto tariffs or a disorderly Brexit could further slow the world economy.

Among currencies, the dollar reached a two-week high after U.S. President Donald Trump and congressional leaders agreed on Monday to a two-year extension of the U.S. debt limit, ending the threat a government default later this year. [/FRX]

The New Zealand dollar led G10 losses after its central bank said it had “begun scoping a project to refresh our unconventional monetary policy strategy and implementation”, although it added it was at a very early stage.

Britain’s pound was the other notable mover as it slid back towards the mid $1.24 region having briefly rallied after eurosceptic Johnson was elected as the replacement for outgoing Prime Minister Theresa May.

Concern that Britain will crash out of the European Union without a withdrawal agreement have grown since Johnson said he would pull Britain out on Oct. 31 “do or die”.

The pound traded 0.2% weaker at $1.2445, near last week’s 27-month low of $1.2382, having made it as high as $1.2481.

Credit ratings agency Moody’s and investment Goldman Sachs both warned the risk of a no-deal Brexit was now higher.

“With Boris Johnson at the helm, the tail risks are likely to intensify ─ well into October,” Goldman said.

“We raise our odds on a ‘no deal Brexit from 15% to 20%, and we reduce our odds on ‘no Brexit’ at all from 40% to 35%.”

The euro fell too to $1.1189, although rather than Brexit it was weighed down more by the likelihood of even more negative ECB interest rates in the coming months. The central bank meets on Thursday.

“It is going to take a bold stroke by the ECB to both satisfy markets clamoring for incremental easing and make a difference to the economy, all the while remaining inside its institutional setting and not destabilizing the financial system,” wrote Carl Weinberg, chief international economist at High Frequency Economics.

SUMMER HOT SPOTS

Europe’s government bonds barely budged, with investors largely happy to sit on their hands having seen their yields slumping since the start of the year.

U.S. yields did tick fractionally higher in response to the debt ceiling deal but Germany’s 10-year bond yield, the benchmark for the euro zone, was down a basis point, at minus 0.35% and not far from the record low -0.40% posted at the start of the month.

The next events to watch include a vote on Thursday in the Spanish parliament on the future government. Caretaker Prime Minister Pedro Sanchez failed in his first attempt on Tuesday to get parliament’s backing to form a government, leaving him two days to try and strike a deal with the far-left Unidas Podemos.

There was also a rumored meeting between the leaders of the two squabbling parties who make up Italy’s coalition government, 5-Star Movement’s Luigi Di Maio and League’s Matteo Salvini.

“Investors are waiting to see whether this government will survive,” said DZ Bank strategist Daniel Lenz. “One possibility is that the coalition continues but both agree to replace (Giuseppe) Conte as prime minister, which would be a very bad signal.”

Conte is widely seen as a moderating influence on the anti-establishment Italian government, particularly in terms of its relationship with Brussels.

FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo

In commodities, Brent crude edged lower to reach $63 per barrel, having shot up 1.2% the day before on concern over possible supply disruptions after Iran seized a British tanker last week. [O/R]

U.S. West Texas Intermediate crude slipped 23 cents to $55.99. “The response of oil prices to the seizure of a British oil tanker by armed Iranian forces near the Strait of Hormuz has been amazingly muted so far,” said Carsten Fritsch, analyst at Commerzbank.

“It appears that the majority of market participants are convinced that there will be no open conflict between the West and Iran.”

Additional reporting by Shinichi Saoshiro in Tokyo, Alex Lawyer and Abhinav Ramnarayan in London, editing by Larry King and Frances Kerry

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Portugal: Major wildfire declared under control

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Firefighters in Portugal have brought a huge wildfire under control after the blaze raged for four days and injured 39 people.

Civil Protection Agency commander Luis Belo Costa said around 1,000 firefighters were keeping watch over smoldering hotspots amid gusting winds and temperatures close to 40 degrees Celsius.

Belo Costa says 17 water-dropping aircraft were deemed no longer needed to fight the fire, centered in the district of Castelo Branco, 200 kilometers (about 125 miles) northeast of Lisbon.

He says hilly terrain and dense woodland had slowed the emergency response, but cooler nighttime and morning temperatures helped firefighters make progress controlling the blaze. Eleven bulldozers were used to create firebreaks.

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Faithful to the original bistro concept, the menu is short so it highlights the …

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Faithful to the original bistro concept, the menu is short so it highlights the Chef’s choices and the seasonal products.
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#bistro4 #portobay #portobayliberdade #lisboa #lisbon #lisbonne #lissabon #portugal #nomnom #bistro #bistronomy #gastronomy #bistronomie #restaurant #restaurante

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Spain: Judge releases man in suspected assisted suicide case

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A Madrid court has released a 70-year-old man who admitted to helping his 61-year-old wife end her life, a case that has reignited a debate about assisted suicide in Spain, where it remains illegal.

Angel Hernandez said his wife, Maria Jose Carrasco, was diagnosed 30 years ago with multiple sclerosis and had for years asked him to help her die. He made a video of his wife’s last days.

“I recounted (to the judge) everything I did for my wife,” Hernandez said after leaving court late Thursday, a day after his arrest and his wife’s death.

The court released Hernandez after a preliminary hearing. The judge said in a statement that Carrasco was in a terminal phase of illness and said Hernandez admitted helping his wife commit suicide. It did not explain the motive for his release from custody.

A judicial investigation into the case is continuing

Right-to-die groups supported Hernandez’s choice. Fernando Marin, vice president of the Right to Die with Dignity association, said Carrasco was in pain and despaired of waiting for a euthanasia law to be passed. Left-of-center parties have tried on a dozen occasions to pass legislation to facilitate assisted dying since 1997.

“Many people are waiting for regulations on their right to die to come out, and not getting on with it is irresponsible,” Marin said of the parliamentary process, according to Spanish private news agency Europa Press.

The Spanish Bishops’ Conference reiterated its opposition to assisted suicide and euthanasia, though its spokesman Luis Arguello urged support for people in despair.

“I’m not saying anyone in this case should go to prison,” he told a news conference. “What I’m saying is we have to provide support for all options other than the view that death is the solution.”

The case has rippled through the campaign for Spain’s April 28 general election.

Government spokeswoman Isabel Celaa said Friday that the outgoing socialist government had been trying to bring a legislative proposal on euthanasia for debate in parliament since last year, but that it was repeatedly postponed.

The main opposition and conservative Popular Party has long opposed any relaxation of the law.

Albert Rivera, leader of the pro-business Citizens party, said if he was elected he would try to build political consensus around a proposal for rules on euthanasia.

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Cheikh Chaaïb — Khalli Lbir — الشيخ شعيب — خلّي البير بغطاه



الشيخ شعيب ولد غليزان … خلي البير بغطاه.

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