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Raw materials feed European indices. Saudi Arabia maintains oil growth

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The return of bargain hunters welcomes Europe.  Gold rises along with the fall of the dollar.  Interest Worsening - Markets per Minute

Euribor rising and three months to a new high in more than 13 years

Euribor rates rose today to three, six and 12 months from Monday, the shortest time to hit a new high since February 2009.

The six-month Euribor rate, most commonly used in Portugal for home loans and entering positive territory on June 6, rose today to 2.338% plus 0.011 points from a high since January 2009 of 2.342% confirmed on November 18.

The six-month average Euribor rose from 1.596% in September to 1.997% in October.

The six-month Euribor has been negative for six years and seven months (from November 6, 2015 to June 3, 2022).

The three-month Euribor, which entered positive territory for the first time since April 2015 on July 14, also rose today, setting a new high since February 2009 at 1.863% plus 0.046 points.

The three-month Euribor was negative between 21 April 2015 and 13 July last year (seven years and two months).

The three-month average Euribor rose from 1.011% in September to 1.428% in October.

In the same sense over a 12-month period, Euribor rose today, settling at 2.847%, up 0.012 points from Monday, against 2.874% on November 9, a new high since January 2009.

After rising to 0.005% on April 12, positive for the first time since February 5, 2016, the 12-month Euribor has been in positive territory since April 21.

The average Euribor rate for 12 months increased from 2.233% in September to 2.629% in October.

Euribor began to rise more significantly from February 4, after the European Central Bank (ECB) admitted that it could raise key interest rates this year due to rising inflation in the eurozone, and the trend accelerated with the start of the Invasion of Ukraine on February 24. On October 27, to curb inflation, the ECB raised three key interest rates by 75 basis points, the third consecutive increase this year, after raising three interest rates by 50 basis points on July 21. growth after 11 years, and on September 8 by 75 basis points.

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Changes in Euribor interest rates are closely linked to increases or decreases in ECB key interest rates.

Three-, six- and 12-month Euribor rates hit record lows respectively: -0.605% on December 14, 2021, -0.554% and -0.518% on December 20, 2021.

Euribor rates are set at the average rate at which a group of 57 eurozone banks are willing to lend money to each other in the interbank market.

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Economy

Looking for a job. Five tips for a successful search

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Looking for a job.  Five tips for a successful search

PFinding a job can be a difficult and challenging process, but it’s important not to despair and stay active in your search. recruiting company Michael Page presents five tips that can be especially helpful for those just entering the labor market.

Volume note:

1. Know your strengths and areas for improvement

“Assess your previous experience (e.g. academic projects, volunteering, summer work, etc.). What skills have you acquired? What are your strengths and what do you need to improve? By asking yourself questions, you can determine what type of work is best for you. suits your skills, abilities and personality.”

2. Organization

“A successful job search requires organization. Plan your day by setting clear goals that will reflect various accomplishments in your job search (eg search, respond to opportunities, follow up on applications). Write down and organize all your statements (by job description, email attachments, or contacts made through social media). Also set deadlines to ensure the best possible follow-up. Don’t forget, a well-organized day can help keep you motivated.”

3. Ask for help

“We all need help at some point, so it’s important to use your connections when you’re looking for a job. Consider asking your former mentors for referrals or tapping into the networks of your parents, friends, or colleagues. You can also make requests. contacts in professional social networks aimed at recruiters or strategic people of the company in which he would like to work.

4. Invest in your online presence

“Social networks, job sites, forums: there are many online tools that make it easier to find a job. To increase the likelihood of being identified by recruiters, work on your resume so it’s optimized for the algorithms used by job sites and social media.

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Companies have been known to reject candidates because of their social media. Nowadays, managing your online presence is critical! Make sure your privacy settings are correct and that nothing you post online (such as your Facebook profile, public photos, etc.) can prevent a potential manager from considering you.”

5. Be motivated

“Motivation is the secret to success! Easier said than done, but try to keep a positive attitude throughout the job search process. Treat every rejection as an opportunity to improve and keep moving forward. On the day of the interview, highlight their personality and behavior. skills.”

Read also: Work? These are the most sought after areas in Portugal.

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ITA Airways may be partly in the hands of the Italian state railway

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ITA Airways may be partly in the hands of the Italian state railway


The Italian government is exploring new possibilities for the sale of ITA Airways, which could involve Lufthansa and the national rail company, Ferrovie dello Stato (FS). This is reported by the Italian newspaper Corriere della Sera. Earlier this month, the government announced it would resume talks with Lufthansa after inconclusive talks with a consortium formed by Air France-KLM, Delta Air Lines and Certares.

Lufthansa said last week through a spokesperson that it remains interested in the acquisition. The original partner of the German group, the sea carrier MSC, refused to negotiate.

With FS, the Italian government, along with Lufthansa, has a new takeover candidate for the airline. Reuters news agency reports that government documents show the government wants to sell 51 percent of ITA to Lufthansa for 250 million euros, with 29 percent to go to Ferrovie dello Stato, with the rest remaining in state hands.

With the partial acquisition, ITA FS will be able to use a combination of air and rail transport. Moreover, it already offers high-speed lines connecting the main cities of Italy, the Italian newspaper writes. Cooperation can facilitate the transition to both modes of transport.

Having FS as an airline partner was nothing new, as the state-owned railway was also a shareholder in the bankrupt Alitalia. The difference here is that if there is Lufthansa in the package (if these plans are confirmed), it is the Germans who should have control and will dictate the step of the company, which is unprofitable today.


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Tesla announces another recall of 80,000 vehicles, and some even have to be recalled

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Imagem Tesla recall

Tesla cars suffered this year a large number of requests for “collection”better known as the process revoke🇧🇷 Trouble again and 80,000 vehicles in China will be recalled. If many of recalls was an easy decision as it was over the air (OTA) it really obliges the owners to take the car to the workshop.

In fact, this year, many millions of Tesla electric vehicles received revoke for fixes.

Many of the reviews are related to issues resolved via OTA.

Whenever there is a safety issue, the NHTSA must issue a "safety recall", even if the car manufacturer does not have to physically recall any vehicles, leading to some confusion.

Once again last month, Tesla's "1 Million Vehicles" collection of vehicles generated a lot of news as the impact on drivers was almost negligible considering the update only changed via OTA the software that runs the car system. to work with windows.

These cases have prompted Tesla CEO Elon Musk to complain about the term "recall = collection" and how it is being used in the media against Tesla. Today The American company again announced new collections in China about 80,000 cars.

13,000 Tesla electric vehicles have seat belt problems

The recall includes 67,698 imported Model S and Model X vehicles with a battery-related software issue, according to Chinese authorities. Again, the fix is ​​a simple software update. Nonetheless, this time there is also a physical collection due to the problem with the seat belt in approximately 13,000 Model 3 vehicles: 2,736 imported and 10,127 made in China.

over 20 recalls there were many collections in 2022. However, Tesla is not the only automaker to be hit by major recalls this year. OUR Ford also just confirmed that it is recalling another half a million vehicles. due to fire hazards, and many car manufacturers have also recalled millions of vehicles this year.

In any case, the fact that the vast majority of calls from electric brand a quick fix with over-the-air (OTA) software updates — rather than taking cars back to the dealership like other car manufacturers — shows that Tesla's level of connectivity to its cars is a huge advantage in the industry.

The software update system (OTA) allows the buyer to fix many problems easily and conveniently, and for Tesla itself means big money savings.

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