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Ricardo Evangelista. “Families will have to start saving because mortgage payments will increase”



Ricardo Evangelista.  “Families will have to start saving because mortgage payments will increase”

In less than two months, the European Central Bank is preparing to raise interest rates again. And while the hopeful outlook points to 0.5% growth, some say it could reach 0.75%, hitting those who have credit or are thinking about taking out a loan. In an interview with i Ricardo Evangelista, senior analyst at ActivTrades, has no doubt: “The question is no longer whether the ECB will raise interest rates or not. How much will it rise?” And in the face of this, he admits: “Families will have to start saving more because mortgage payments are rising, credit is getting more expensive, and even those things that are sometimes bought and that are a little extravagant are no longer available. be able to buy so easily.”

And he recalls that unlike what happened during the 2008/2009 crisis, when central banks were “very big hands and started monstrous buying programs, cut interest rates to low levels”, while governments took much more austerity “as if it were almost a cult of austerity”, now the roles are reversed.

And he admits without hesitation that “inflation is becoming a very big problem and that the end justifies the means”, hence understands the ECB’s interest rate hike at the next meeting on 8 September.

As a solution, Ricardo Evangelista acknowledges that all governments “are forced to take a more generous stance towards citizens and, above all, to avoid austerity scenarios that will further exacerbate this crisis.” But leaves a guarantee: “I would not want to be in the place of the people who have to make these decisions.”

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Everything points to the fact that at the next meeting the European Central Bank (ECB) will once again raise interest rates. After it went up more than expected in July…

The trend is upward, and for now, a new interest rate hike is expected to be announced on September 8th.

So, is this new ascent inevitable?

I think so. The question is no longer whether interest rates will rise or not. How much will it rise? I can give you a forecast, I believe it will rise by 0.50%. Until recently, everyone expected growth to remain at 25 basis points, or 0.25%, but since then, several members of the ECB have spoken publicly, even this past weekend, during the Jackson Hole symposium in the United States. States where everyone assumed that the European Central Bank was really determined to control consumer price growth, to control inflation. This expectation indicating a 25 bps increase has now been lifted and everything points to a 50 bps increase scenario and even this week it was said that it could reach 75 bps. , which is almost 1%. If this more aggressive scenario materializes, I think the implications for the Portuguese market will be felt, especially in terms of Euribor rate hikes. In other words, mortgage payments will certainly rise, consumer loans will become more expensive, and this can lead to a domino effect in the economy, leading to higher unemployment due to reduced corporate investment. It could also cause a crisis for many businesses, which will be affected by the decline in economic activity on the part of families. In other words, families will have to start saving more because mortgage payments are going up, credit is getting more expensive, and things that are sometimes bought and are a little extravagant can no longer be bought so easily. All of this together has an impact on economic activity. However, everything will depend on the extent of the interest rate increase that will be announced on the 8th. If it is 25 basis points, then I think the impact will be diluted a little, but if more, then everything indicates that it will be at least 50 basis points, then yes, we will have the scenario that I described, in which life becomes more expensive and more difficult for families, and which will later have consequences for companies.

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Families and businesses will have to pay the bill….


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Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners



Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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The first Dacia hybrid. “The cheapest hybrid family on the market”



The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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See how Tesla tests its electric Semi truck in the worst-case scenarios



Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.

Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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