Portugal Financial News

Oct. 13-19, 2023

Americans will soon have to apply for a travel authorization to visit Europe — and failing to get one may ruin your next trip.

Germany’s state-owned railway operator, Deutsche Bahn, says it has agreed to sell its European public transport subsidiary, Arriva, to U.S.-based infrastructure investor I Squared Capital

exports which are showing resilience. During January to July 2023, 48 commodities saw significant increase in exports, as per an analysis by MVIRDC WTC Mumbai.

Google 'cheat code' is revolutionizing the way we snag incredible flight deals to holiday hotspots around the globe. This clever hack, previously tucked away as a closely guarded secret, is now stepping into the limelight, offering travelers the keys to discover affordable flights to destinations like Spain, Turkey, Greece, Portugal, France, the USA, and beyond.

global guidelines around the use of AI, researchers found that while most of the guidelines valued privacy, transparency, and accountability, very few valued truthfulness, intellectual property, or children's rights. Further, most of these guidelines described ethical principles and values without proposing practical methods for implementing them and without pushing for legally binding regulation, a team of researchers from the Pontifical Catholic University of Rio Grande do Sul, Brazil, found. To determine if a global consensus existed regarding the use of artificial intelligence (AI), the researchers identified and analysed 200 documents related to AI ethics and governance published between 2014 and 2022 from 37 countries and six continents and written or translated into five different languages — English, Portuguese, French, German and Spanish.

Cristiano Ronaldo is reportedly at risk of receiving 99 lashes in Iran due to an innocent hug and kiss he exchanged with Iranian painter Fatima Hamimi during his visit to the country. According to Iranian lawyers, Ronaldo has been accused of committing adultery, as Iranian law considers physical contact with a woman other than one's wife as equivalent to adultery.

President Miguel Albuquerque of Madeira has announced plans for the creation of a Bitcoin business hub, aiming to drive innovation in the region. The statement was made during a fireside chat with Prince Filip of Serbia on the second day of Bitcoin Amsterdam 2023.

On Oct. 13, the Group of Twenty (G20) — an intergovernmental forum comprising 19 sovereign countries, the European Union and the African Union — unanimously adopted the “G20 Finance Ministers and Central Bank Governors Communique” during its meeting in Marrakesh, Morocco.

Portugal will take on Slovakia in Euro 2024 Qualifiers on Friday. While Ronaldo has set his eyes in the FIFA World Cup 2026, Euro 2024 will tell whether the former Manchester United and Real Madrid legend will add to more glory to his illustrious footballing career. Portugal will play Slovakia on Friday, October 13. The kick off is scheduled at 2.45 pm (ET). Portugal vs Slovakia Euro 2024 Qualifier will be live streamed on fuboTV for soccer fans in the US. A win against Slovakia on Friday will guarantee qualification and, if Ronaldo is selected, the chance for him to repeat his 2016 triumph with Portugal at the tournament. It wasn't clear what the future held for the five-time Champions League winner when he walked away from Manchester United last November and was then dropped by his country as it made an early exit from the World Cup in Qatar last year. His move to Saudi Arabia wasn't exactly a guarantee of success, but Ronaldo has proven he is far from done. On Friday, Portugal can secure its place at next year's European Championship in Germany. It will be a personal triumph for Ronaldo, who insisted his career wasn't over after leaving European club soccer behind to join Al-Nassr last December. Not only has he been the catalyst for a slew of soccer's biggest names, such as Neymar and Karim Benzema, following him to the Saudi league, but he has helped Portugal to its best-ever performance in a European qualifying campaign with six wins from six matches in Group J.

Indonesia is in discussions with Australia about a possible joint bid to host the 2034 World Cup along with Malaysia and Singapore, the president of the country's football federation (PSSI) said on Wednesday. World football's governing body FIFA invited member associations from Asia and Oceania to bid for the rights to the 2034 edition last week. «We are discussing (a bid) with Australia,» PSSI President Erick Thohir was quoted as saying by the Sydney Morning Herald. «When I visited Malaysia and Singapore both countries expressed interest to join Indonesia and Australia.» When asked for comment on a possible joint bid, Football Australia referred Reuters to a statement last week that said it was «exploring the possibility of bidding for the 2029 FIFA Club World Cup and/or the FIFA World Cup 2034». The PSSI has not responded to a Reuters request for comment. After announcing Spain, Morocco and Portugal would host the 2030 World Cup, with Uruguay, Paraguay and Argentina staging the opening games, FIFA invited Asia and Oceania to bid for 2034. Saudi Arabia quickly announced its intention to bid for the hosting rights and FIFA have set a deadline of Oct. 31 for other interested parties to make their intentions known. With Qatar having hosted the 2022 edition, Thohir said it might be too soon for the World Cup to return to the Middle East. «We are quite strong,» he said.

By Sergio Goncalves

It took until the very last of 40 pool stage games for the quarterfinalist to be confirmed in a match that had two winners and one loser.

Eddie Jones and the Wallabies have spent this week preparing for the remote possibility of making the Rugby World Cup quarter-finals after a disastrous campaign. Their chances hinge not on their own performance, but a mathematical miracle in Portugal’s upcoming game against Fiji.

True North has agreed to invest $75 million for a minority stake in US-based digital transformation solutions provider iLink Digital. The investment, made by True North’s $600-million (around Rs 4,200 crore) Fund VI, is aimed at expanding iLink Digital’s organic and inorganic growth in the IT services space.

₹1.5 trillion to these companies. While WinZO has not received any such notice yet, the company is expediting its plans for international expansion. “Brazil is a very interesting market.

Active Tradesreceived a TU Overall Score of 4.82 and emerged as ranked 95 on the list. This 22-year-old CFD and Forex broker aims at traders from the United Kingdom, Europe, the Commonwealth of Independent States (CIS), Asia, and South America. At the moment, the company is headquartered in London, having additional offices in Milan, Sofia, and Nassau.

Representatives of Banque de France, the French central bank, have embraced the global perspective on the central bank digital currency (CBDC) discussion, touting it as the foundation of a new international monetary system.

FC Barcelona will be playing FC Porto in a crucial UEFA Champions League match which will be played in Portugal. Both FC Barcelona and Porto are leading the group H. In the tournament opener, FC Barcelona defeated Antwerp and Porto secured a victory over Shakhtar Donetsk. Porto has remained unbeaten in their nine games this season, and while manager Sergio Conceicao knows his team will need to suffer, they are confident of making their opponents suffer too. A 3-1 win at Shakhtar Donetsk in their opening game gave Porto a good start but they now face Group H favourites and La Liga champions Barcelona, who put five past visitors Antwerp without reply in their first match.

The governor of Banco de Portugal, Mário Centeno has called for international cooperation towards a global framework for crypto regulation.

Mário Centeno, the governor of Banco de Portugal, joins a chorus of regulators claiming that national efforts to oversee crypto wouldn’t work correctly without a global framework.