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Fuel prices will rise again early next week.

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Fuel prices will rise again early next week.

Fuel prices will rise again early next week. This time it should be about one and a half cents for both gasoline and diesel.

This cost was confirmed by an industry source SIC, who explained that the increase was due to higher prices for petroleum products in international markets at a time when fuel prices were already hitting record highs.

Diesel is up more than 3 cents this week and gasoline more than 2 cents.

This Wednesday, 1998 gasoline price was the highest in Portugal, exceeding € 2 per liter.

More than half of the amount paid for a liter of fuel goes to the state. The government has decided not to reduce the tax burden on fines for polluting fuels and says the solution is to change the profits of gas stations.

Typically, in Portugal, fuel prices are set on Mondays based on data from the last seven days.

“Any price change in the week before will affect the next week. Last month we had a $ 10 per barrel price increase and now we feel that increase, ”explained Pedro Silva, energy technician at DECO Proteste to SIC. …

However, it is not only the rise in oil prices that affects prices in Portugal. This week, gasoline costs an average of € 1 76 per liter.

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Economy

António Ramallo presented a new look to the employees of Novo Banco – O Jornal Económico

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Nuno Melo

Seven years, two months and 18 days after the birth of Novo Banco following the Banco Espírito Santo (BES) ruling, Antonio Ramalho launched a new image that coincides with a new phase of profitability for the bank that still has assets. problems and, as a result, losses, most of which are covered by the notional capitalization mechanism of the Dispute Resolution Fund.

For the launch of Novo Banco’s new image, the institution headed by Antonio Ramalho has reserved Campo Pequeno to gather bank employees and some guests to see the phoenix reborn: a new image. Novo Banco has gone from a “green future” that came from BES to a turquoise color, also called coral green.

“It’s time to turn this brand into a brand with content,” said the CEO, recalling that on August 3, 2014, Banco de Portugal decided to create a transition bank for the Novo Banco brand, and therefore everything had to be temporary. Antonio Ramallo emphasized that Novo Banco is no longer a white brand, but a brand of the future.

“We challenged the impossible and always incredible,” said the banker on the stage of light and music. “When we started to study the brand in 2017, 55% of our clients thought that this brand connects us to the past, 48% of wealthy clients [elevado património] believed that the brand was not trustworthy, 44% of non-customer companies thought they would never work with Novo Banco again, and some wanted to change the brand soon. There were those who even wanted to take the Best brand for themselves, but we resisted. You don’t change the brand when you actually change, ”said the executive president of Novo Banco.

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Antonio Ramalho recalled that the bank’s life since 2017 “has been difficult”. “We capitalized the bank with a contract that suddenly looked like it had no authorship; we have been studied to the smallest detail; we became the object of misunderstanding and mistrust, “said the banker, who believes that” 2636 days after the decision was made “and” 1463 days after the sale. [ao Lone Star]”.

“The brand never reckons with the past, it is more of a commitment to the future,” the CEO told his staff gathered at the Campo Pequeno arena. “It’s not just a color, it’s an identity and a scale of values,” he said.

The bank’s CEO said that “we want the partners to build close relationships.” The partnerships are at stake for Novo Banco’s management in a new strategic plan that the institution will present by the end of the year. António Ramalho called this “Partner Banking” as opposed to traditional banking.

Novo Banco’s digital team is already working to application and the site accepts a new one layout who was officially born the next Monday on the main balcony on Avenida da República.

“We are a bank that knows the cost of risk like no one else,” said the CEO, promising an effective automatic response system in this area.

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Powell Topples Wall Street Over Inflation Fears, But Dow Sets Records – Stock Exchange

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Powell Topples Wall Street Over Inflation Fears, But Dow Sets Records - Stock Exchange
Wall Street was preparing for another positive day and had already set a new intraday record for the S&P 500, but statements from the chairman of the Federal Reserve System (FRS) scared investors and threw the indices into negative territory. Eluded the Dow Jones, which hit all-time highs for the day and a near record.

Jerome Powell indicated that the Fed is closely monitoring price pressures and will adapt accordingly. Powell said the constraints in global supply chains and the shortages of certain products that have driven inflation “are likely to last longer than we expected, perhaps next year.”

These words fueled investor fears that the Fed would prefer to anticipate an interest rate hike to cool inflation. So far, strong results in the “reporting season” were enough to keep the top ratings in positive territory, but this has not happened today.

“Equities won’t like it if the Fed responds to inflation, and bonds won’t like it if it doesn’t,” Jim Bianco, president and founder of Bianco Research, told Bloomberg. “This is not the best scenario,” he added.

Nonetheless, the Dow Jones managed to hit an all-time high, climbing 0.21% to 35,677.02, a record close since hitting an all-time high of 35,765.02.

Already, the S&P 500, which hit an intraday high of 4559.67, ended up down 0.11% to close at 4544.90.

The Nasdaq Composite was hit hardest when Snap infected other listed social media companies such as Facebook, Pinterest, Twitter and Alphabet, Google’s parent company. The tech index fell 0.82% to 15,090.20 points.

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An aircraft resembling a hovercraft from Star Wars was presented in Sweden (VIDEO)

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An aircraft resembling a hovercraft from Star Wars was presented in Sweden (VIDEO)

The Swedish company Jetson Aero officially unveiled this Thursday (21) the Jetson One, a personal electric vertical takeoff and landing aircraft, inspired by the hovercraft from the Star Wars saga.

The aircraft is an octocopter with four levers protruding from its fuselage, each with a pair of rotors and a total power of 88 kW. second company.

Weighing only 90 kg air Transport Jetson One is capable reach full speed at a speed of 102 kilometers per hour. However, the battery autonomy is limited – only 20 minutes of flight.

The market for personal aircraft with vertical takeoff and landing is gaining momentum! Jetson Aero has released new images of its Jetson One, which is expected to be available as a home kit starting next year. Find out more at:

Your driving is like using a console. The operator uses the throttle lever, joystick and pedals to control his movements, while the computer maintains stability in the air.

Jetson Aero assures that the plane has a parachute that can be deployed in a short time. In addition, Jetson One equipped with sensors Handle for observing the terrain and avoiding obstacles.

To receive the Jetson One, supplied as a semi-assembled home construction kit, applicants must pay US $ 92,000 (R $ 524,000). However, all production of the Jetson Aero for 2022 is already planned.

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