Oversupply concerns and geopolitical risks send prices down in June.
Prices rise for third consecutive month in June on shortage concerns and strong demand.
Strong U.S. economy and doubts about the global economic outlook weigh on prices in June.
Uncertainty in the oil market drags on energy prices.
Global commodity prices declined for the first time in three months in June.
The Economic Bulletin - June 2018 publication is available on Banco de Portugal's website.
On 20 June, the IMF and Argentina formalized a three-year USD 50 billion Stand-by Arrangement. The deal aims to shield the economy from financial turbulence as the government rebuilds economic buffers, stabilizes debt levels and substantially lowers fiscal spending.
Latin America’s recovery on weaker footing.
A comprehensive set of data shows that the economy of Central America and the Caribbean lost steam in the first quarter of the year, with growth at 1.8%, down 0.3 percentage points from last month’s estimate and below Q4 2017’s 2.7% figure.
The Aga Khan has invested a huge amount of money in bettering the lives of people around the world. In East Africa for-instance, His Highness has invested in health by setting up a series of reputable hospitals across East Africa alongside specialised healthcare facilities.
Are there any tax advantages to moving to Portugal or investing in Portugal?
Pulp production could be started 2030 latest.
Portuguese construction company Mota-Engil SGPS SA is looking at projects in Nigeria worth as much as 1.5 billion euros ($1.8 billion) after signing a joint venture with a local company to enter Africa’s largest economy and the continent’s biggest oil producer.
The seventh review of the trade policies and practices of China takes place on 11 and 13 July 2018.
Portugal’s cork industry is being shaken up by designers who are using it for everything from umbrellas to cathedrals. We took a trip to Lisbon to fi nd out why cork’s popping up all over the shop.
The Delphi Economic Forum IV is to take place in Delphi, Greece from February 28th to March 3rd, 2019.
Call For MVP (Minimum Viable Product) aims to facilitate the access to venture capital investment for projects encompassing new ideas, technologies, products or services to create an MVP to the global market. Projects will receive an investment of up to 1M€.
Germany’s economic performance has been impressive, with growth rising to 2.5 percent in 2017.
Lately I’ve been having a lot of conversations about what “luxury” means anymore.
Australia: Business confidence continues to moderate in June.
In Africa, government action is key to overcoming challenges related to growth, jobs and inequalities, according to the new joint report by the African Union Commission and the OECD Development Centre.
Australian leaders and entrepreneurs visited Lisbon last week and they have over €1.1bn to invest in Portugal.
Former US President spoke in Porto about the Paris Agreement's longlasting potential and the role civil society can have in ensuring the issue is a priority for politicians.
There is more to the MENA region than hydrocarbons.
Venezuela: Bolivar continues to plummet in June.
Guatemala: Economic growth slows to multi-year low in the first quarter of 2018 on a broad-based slowdown.
The first ferry link between mainland Portugal and Madeira in six years set off earlier this week, on Tuesday lunchtime, from Portimão.
The Portuguese electronic passport will include a page in Braille, becoming the first in the European Union to implement the innovative measure, which will allow visually impaired citizens to identify their name, number and expiration date of the document.
Spain: Industrial production growth moderates further in May
The WTO’s nineteenth monitoring report on Group of 20 (G20) trade measures covering the period from mid-October 2017 to mid-May 2018, issued on 4 July, shows that new trade-restrictive measures from G20 economies have doubled compared to the previous review period.
In times when globalization seems to challenge local certainties, people often rediscover their emotional, cultural and religious identities, and project them onto the nation state.
Lithuania’s economy has grown faster than most other OECD economies over the past 10 years, unemployment continues to fall and public finances have stabilised after a long period of deficits and rising debt.
Doing Business in the European Union 2018: Croatia, the Czech Republic, Portugal and Slovakia—the first report of the subnational Doing Business series in these countries—assesses the business regulatory environment and its impact on local entrepreneurs in 5 cities in Croatia, 7 cities in the Czech Republic, 8 cities in Portugal, 5 cities in Slovakia.
Price per square meter in Lisbon hits €3,067, though it has decreased by 0,4%.
A frequent visitor to Portugal overcomes his conflicted relationship with the nation’s ubiquitous ceramics during a trip to Lisbon’s Palácio Fronteira.
From food waste to used IKEA cupboards, here are 6 startups that are helping Sweden tackle the throw-away society.
The construction industry, in general, suffers from a traditional hesitancy to embrace nascent technologies, caused partly because projects take years to plan and complete.
It took place from June 25th to 27th, the New York Soul Wines Mission, organized by NERVIR-Business Association, with a set of actions directed essentially at importers and specialized press.
The Portuguese technological ST+I , together with its partner for the Spanish market (BeeHealth), continues to transform its bet in the Spanish market a huge success.
Earlier this quarter, the leading Agile conference in Portugal opened its doors for the ninth year running.
Sobreiro is the new collection from the Brazilian designers, developed in partnership with Corticeira Amorim, Época and the European Capital of Furniture.
A scientific contribution by ALERT Life Sciences Computing.
Renewable energy accounted for more than half of Portugal’s electricity usage during the first half of the year.
With its lush, mountainous terrain, the Azores is like a tropical version of 'Middle Earth', the mythical world brought to life in The Lord of the Rings flicks.
The new Vision-Box office located in the heart of New Delhi is now formally open and in operation. The goal of this investment is to accelerate the introduction of digital identity solutions and seamless travel technology in the Travel, Border Control, Smart Government and Smart City fields. The new office will address the growing demand for biometric digital identity services within the travel industry, as well as by government and private companies.
Álvaro Siza Vieira has built the capela do monte, a small hillside chapel in algarve, Portugal, without electricity, heat or running water.
Imposing tariffs on imports of EU cars would damage US trade and its own car industry, the European Union warned Monday in formal comments to the United States Department of Commerce.
Ballet Rosa is proud to team up with Porto Photo Fest for a studio shoot, with two accomplished dancers from Centro Dança do Porto.
Economic performance in The Netherlands is vibrant and growth is expected to remain robust, underpinned by sound public finances, healthy job creation and high levels of confidence.
The IMF recently completed its annual health check of the Ivoirien economy. Political normalization and good implementation of reforms have contributed to the country’s strong economic performance since 2012. Going forward, bold structural reforms are needed to sustain the pace of development, and ensure that the benefits are shared by all.
E-commerce revolution in Asia and Pacific presents vast economic potential.
The 2018 Careers in Africa Employer of Choice Survey has ranked the African Development Bank the fourth best company to work with in Africa. Of 100 companies listed, the top four include the World Bank Group, Chevron, Exxon Mobil and the African Development Bank.
The third Fashionomics Africa Masterclass for textile, apparel and accessories entrepreneurs, tomorrow’s designers and startups was led by the African Development Bank Department of Gender, Women and Civil Society in partnership with Google Digital Skills for Africa, Nesta, Parsons School of Fashion and African Fashion International.
Porto Calém Wine Cellars recently won the Best Innovative Wine Tourism Experience of Portugal award. It was presented by the Best Of Wine Tourism 2018 Awards, an event organized by the Great Wine Capitals Global Network.
Leveraging fast-emerging technologies like self-driving cars, artificial intelligence and data-intensive precision medicine to address social challenges is a goal that many counties share.
Portugal beat off stiff competition to once again be named “Europe’s Leading Destination”, whilst Turismo de Portugal was voted “Europe’s Leading Tourist Board”.
A Portuguese tech firm is uncorking an Android smartphone whose case is made from cork, a natural and renewable material native to the Iberian country.
Symington Family Estates decided to automate its product development process and turned to the B.Create platform to integrate all product management and stakeholders, streamline operations and provide critical information.
A selective group of jeweller makers from Portugal in their first visit to Macau is seeking to enter the local market betting on the quality of their craft and the opportunity to explore new tastes.
Uncovering the bits and pieces of Portuguese culture that lie within the city to celebrate the 500th anniversary of Thai-Portuguese relations.
The portuguese sustainable fashion brand Elementum will be exhibiting at the "Ethical Fashion Show Berlin", from 3 to 5 July 2018 in Berlin, Germany.
Innovative therapy to improve the regeneration of the nervous system.
Spain: Political uncertainty remains under new Spanish government, but economic impact expected to be slim.
If you’re looking to get away for a short break but don’t fancy the likes of Amsterdam or Paris, Portugal is the place to go – specifically the Douro Valley and Porto.
Most agricultural support policies continue to be poorly aligned with defined objectives, while measures that distort production and trade continue increasing in some countries, according to a new report from the OECD.
Weak labour productivity growth continues to mark the world’s advanced economies and risks compromising improvements in living standards, says a new OECD report.
E-commerce is enabling small and medium-sized enterprises (SMEs) of Asia and the Pacific to reach global markets and compete on an international scale, creating many jobs in the process, according to a report launched jointly by the Asian Development Bank (ADB) and the United Nations Economic and Social Commission for Asia and the Pacific at an international conference in Tashkent today. However, the region has to first tackle difficult issues of information technology infrastructure and strengthening the regulatory frameworks.
Portugal has one of the world’s bridges that was most expensive to build.
Lisbon is the 93rd most expensive city in the world in terms of cost of living, up 44 points from last year in the global cost of living survey by Mercer released on Tuesday in which Hong Kong takes top spot.
On 4 August the Algarve city of Portimão will be holding a SharkRace.
US President Donald J. Trump will today welcome President Rebelo de Sousa of Portugal to the White House.
The chefs from seven Michelin star restaurants around Lisbon are going to present their creations at the gala dinner for the presentation of the Spain and Portugal guide 2019, which is going to be held in Lisbon for the first time on 21 November.
Germany: Business confidence trends down in June, signaling a continuation of moderating momentum.
The Standards and Trade Development Facility (STDF) launched on 25 June its 2017 Annual Report, which highlights how its global projects and knowledge exchange are helping to build safe and inclusive trade opportunities worldwide and championing the United Nations 2030 agenda for sustainable development.
The robustness and durability of Chatron products can add value to this important market.
Innovative Digital Citizen Engagement Solutions on Display at Major Smart Cities Summit to Take Place in Algiers, Algeria, June 27-28, 2018.
Portugal totaled 66 medals in the Sélection Mondiales des Vins 2018, one of the largest wine competitions in Canada.
When the founders of Portugal’s Sensei wanted funding for their startup this year, they didn’t go to a bank. They turned instead to a food retailer.
Investors are increasingly interested in the development of solar energy projects in Portugal. The country's potential for solar energy is substantial and far from fully realised.
The Rock in Rio Lisbon mega music event starts this weekend. Tickets for one of the dates, 24 June, when Bruno Mars will be headlining, have already sold out.
Argentina: Economy expands at a strong pace in Q1.
The EPO has today published the second edition of its dedicated Quality Report. Compared with the 2016 edition, the report provides more extensive information and details on existing and new measures to deliver high-quality products and services.
Aeolus, ESA’s wind satellite, scheduled to liftoff on the 21st August from Europe’s spaceport near Kourou, in the French Guiana is equipped with 2 Magnetometers from LusoSpace.
It took place from 10th to 12th June, the Soul Wines Brussels Event, organized by Nervir - Business Association, with a set of actions directed to Belgian importers and wine press.
A group of Portuguese delegates will visit Seoul from June 27 to 29 to promote development projects in the capital Lisbon and introduce business opportunities there.
CRITICAL Software is expanding its strategic collaboration with premium mobility company, the BMW Group, to form a new joint venture called Critical TechWorks.
CRITICAL Software recently celebrated its twentieth anniversary. Established in 1998, when NASA became its very first client, the company has gone on to provide systems and software services for critical applications across the globe.
SISCOG is for the second consecutive year, one of the sponsors of the Lisbon Machine Learning Summer School (LxMLS 2018), which will feature several international prominent speakers in this area.
This year Hovione is on the CUSTOMERS Best For The World list.
Last year, a record 20 million visitors landed in Portugal, up nearly 10 percent from the year before, and if anything this year and next will see an even bigger influx.
The line will contribute to financing priority investments approved under Portugal 2020 structural funds. Municipalities and local institutions will benefit from loans on advantageous terms with a maturity of up to 20 years.
Short-term prospects for the Korean economy are good, with an uptick in world trade and fiscal policy driving growth, but productivity remains relatively low and the country faces the most rapid population ageing in the OECD area, according to a new report from the OECD.
Investment commitments involving private participation in low and middle-income countries for energy, transport and water infrastructure totaled US$93.3 billion across 305 projects in 2017. While this is a 37 percent increase over 2016, it is still the second-lowest level of investment in the past 10 years and is 15 percent lower than the averages of past five years.
This biennial Sustainability Report highlights the integration of sustainability into ADB’s operations and organizational activities during 2016–2017.
The European headquarters of the World Surf League (WSL) will be set up in Lisbon, in what will be another step towards "positioning Portugal as the leading surfing country in Europe," the Portuguese representative of the WSL, Francisco Spínola said.
Lizz, the last creative project developed by the Portuguese designer Miguel Peixoto, launched in 2017 by Herdmar, was recently awarded with the highest level of distinction (Gold Award) in the category Home Interior Products – Tableware on the European Design Award contest.
EU Trade Cecilia Malmstroem met with Australia's Prime Minister Malcolm Turnbull Monday to officially launch negotiations for a comprehensive trade agreement between the EU and Australia.
If you’re a UK national living in or thinking about moving to Portugal, it’s important to review your financial planning.
BGI is at the moment preparing a detailed report on Portuguese Scale-Ups with the support of the EIT Digital. It will be scanning hundreds of candidates, the report depicts in detail the 25 most promising Portuguese startups with less than 5 years.
Big focus on jobs for youth, agribusiness, investment, the African Continental Free Trade Area at ITC’s flagship event in Lusaka on 11-12 September 2018.