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ISP with a discount of 22.2 cents on diesel and 26.3 cents on gasoline – News

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ISP with a discount of 22.2 cents on diesel and 26.3 cents on gasoline - News

According to a statement released today by the Ministry of Finance, “Given the prospect of price changes next week and price changes observed over the past two weeks, there will be a further reduction in ISP rates. [Imposto Sobre os Produtos Petrolíferos] on both fuels starting next Monday, 20 June.”

Thus, he pointed out, “the tax burden (COI + VAT) is reduced by an additional 1.2 cents per liter of gasoline and an additional 0.4 cents per liter of diesel fuel.”

In the same communiqué, the Treasury states that “Over the next week, global relief of the fuel tax burden through two ongoing measures — a weekly COI review mechanism and a reduction in unit rates of this tax to the equivalent of a VAT rate of 13% — in the amount of 22.2 cents per liter diesel fuel and 26.3 cents per liter of gasoline”, with “to these amounts added a non-renewal of the carbon tax of about six cents per liter.”

According to the government, “the ISP factor for diesel fuel drops to the minimum allowed by Directive 2003/96/EC of 27 October”, adding that “Portugal had already requested the European Commission in April to lift the application of the minimum limits set by the aforementioned Directive in accordance with its Article 19, and the request is currently being evaluated by the services of the European Commission.”

The Guardianship also said that “As part of a weekly review of the ISP’s renewal mechanism, which ensures the return of any emergency VAT revenues subject to the prospect of price changes, the situation will be reassessed next Friday, June 24th.”

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Economy

Any car for sale should have these 11 systems

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Any car for sale should have these 11 systems

BUT From this Wednesday, July 6, the European Union introduced new measures. All vehicles on sale from this date must already have multiple safety systems in order for the purpose of the bodywork to reduce road deaths and accidents.

Yesterday we talked about ISA – Intelligent Speed ​​Assistant – but there are 10 more systems that are now mandatory following the European Union directive.

Remember that the obligation applies to all new models, but those on sale at the moment have a two-year deadline to comply with this rule.

Among the 11 safety systems that are now mandatory are the pre-installation of a breathalyzer inside the vehicle, a data logging system (the so-called “black box”) and an intelligent speed assistant.

All mandatory systems from July 6 in cars

  • Smart speed assistant;
  • Lane Keeping Assistant;
  • Front crash test update (full-width) and improved seat belts;
  • Rear camera or detection system;
  • Detector of drowsiness and absent-mindedness;
  • Breathalyzer of blocking of ignition before installation;
  • Passenger protection – strikes against poles;
  • Data recording in case of accidents (black box);
  • Emergency stop system;
  • Autonomous emergency braking;
  • Extended head impact zone for pedestrians and cyclists and protective glass.

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Economy

Starting from this environment, there are 11 more mandatory pieces of equipment in the car.

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Starting from this environment, there are 11 more mandatory pieces of equipment in the car.

On July 6, 2022, a rule will come into effect requiring all new vehicles sold in the European Union to include new safety systems in the list of standard equipment 11.

The rule applies to all new models released for sale, and for models already on sale, a two-year adaptation period is provided.

What systems will become mandatory?

The European Union wants to reduce the number of fatal accidents in Europe, so it will oblige all car manufacturers to install a wide variety of safety equipment. Some of them are already included in the list of series of many models.

Here is the full complete list:

-Autonomous emergency braking
– Fatigue and distraction detection system
– Pre-installation of the ignition blocker breathalyzer
– Warning triangle
-Recording data in case of an accident
-Updated frontal crash test across the entire width of the car; improved seat belts
-Increased head impact area for pedestrians and cyclists; safety glass
– Smart speed assistant
– Track maintenance assistant
– Passenger Protection: Pole Collision
– Rear camera or detection system

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Economy

Bargain hunters bring profit to Europe. Oil continues to fall – markets in a minute

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Bargain hunters bring profit to Europe.  Oil continues to fall - markets in a minute

Gold recovers very weakly. Euro awaits fire test

Gold remains near six-month lows under pressure from a rally in the dollar, which currently acts as a safe haven, at a time when investors fear a recession and see the US Federal Reserve (Fed) tighten monetary policy.

The yellow metal rose 0.21% to $1,768.51 an ounce, but remained very close to its December 15 low of $1,764.07 last year. In turn, the Bloomberg Dollar Index, which compares the strength of the green note against 10 competing currencies, is at its March 2020 highs, trading at the waterline (0.03%) to 106.48.

“Gold seems to be in second place against the dollar,” Gavin Wendt said in an interview with Bloomberg. A senior analyst at MineLife explains that “gold has performed well this year, but the recent gains in the dollar have had a negative impact on gold, which is priced in dollars.”

This Wednesday, investors will be keeping a close eye on the release of the minutes of the latest Fed meeting as the market looks for clues that the central bank may raise its key interest rate from 50 basis points to 75 basis points next month. The meeting is scheduled for July 26 and 27.

In the Eurozone, the single currency is at the waterline against the dollar (0.07%) at $1.026, but remains at a 20-year low against the green note. The euro-dollar pair will be put to the test this week as analysts believe it’s only a matter of time before the euro equals the dollar, with some even acknowledging that the single currency could be worth less than the dollar.

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“It’s only a matter of time before the euro reaches parity with the dollar,” Neil Jones, head of foreign exchange at Mizuho, ​​said in defense, quoted by Bloomberg. Mario Martins, analyst at ActivTrades, goes further and even admits in statements to Negosios that “it is absolutely possible for the euro to be worth less than the dollar. It’s not an absolute case because it hasn’t happened yet, but it’s almost inevitable at the moment. Very possibly this week.”

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