Economy

Race for OECD leadership creates tensions between US and Europe

The appointment to the position may, according to some analysts and politicians close to the organization, define the future of globalization. Different European and American preferences can lead to yet another focus of tension between the two blocs, and if Joe Biden wins, the question arises about his choice for the post, which should differ from that expressed by President Trump.

Portugal should have drop in oil production in the 2020/2021 campaign

The prospects for production in Portugal in the 2020/2021 olive growing campaign, which started in the middle of this month, point to 100 tons of olive oil, Gonçalo de Almeida Simões, executive director of Olivum - Southern Olive Growers Association, told Lusa today. .

Boeing delivered 67% less airplanes by September than in 2019

The losses accumulated by the Chicago giant from January to September are around -3,5 billion dollars (about 2,9 billion euros) and the overdue work in the third quarter of 2020 is quantified by Boeing at 332,5 billion euros. Its revenues in the third quarter stood at 11,9 billion euros, 29% less than in the same quarter of 2019.

Brent oil falls almost 4% due to increased contagion

North Sea oil, a reference in Europe, lost 3,9% today on London's Intercontinental Exchange Futures (ICE) compared to Tuesday, when it ended up at $ 41,20 a barrel.

Government wants to avoid total country lockdown in December. Reinforcement of teleworking and restrictions on circulation on the table

Executive is considering new measures to combat the Covid-19 pandemic, in the face of the increasing number of infected cases. Under study is the implementation of risk maps, mandatory teleworking whenever necessary, distance learning and restrictions on circulation at certain times and in risk areas such as restaurants and shopping centers.

OE2021: Increase of 10 euros in pensions in January costs 270 million euros

The Minister of State and Finance, João Leão, said today in parliament that the extraordinary increase in pensions negotiated with the PCP, in the amount of 10 euros, to take place already in January, will cost 270 million euros.
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