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Lean dodged parliament and invested € 317 million in Novo Banco

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Lean dodged parliament and invested € 317 million in Novo Banco

At the end of 2020, parliament banned the finance minister, but millions showed up.

At the end of 2020, the state budget for 2021 (OE2021) was delayed due to Novo Banco (NB). The parliamentary majority (BE, PSD, PCP and PAN) have blocked the intention of the government and the finance minister to reserve appropriations for spending in OE in order to be able to inject more money into NB.

But then the minister immediately warned: the state is a “good man” and will fulfill the agreement he signed. And so it was. Despite the failure of parliament in June, NB received the first part of the aid (317 million), and last week the remainder, which raised doubts, another 112 million. A total of 429 million previously agreed.

The money was raised through a bank syndicate, but it was later redirected to the Dispute Resolution Fund (the government agency that is responsible for the costs), which then donated millions to NB.

But how can parliament stop the transfer of the NB, when politicians shout “not a penny more,” and the money still leaves?

The Budget Technical Support Team (UTAO), coordinated by Rui Nuno Baleiras, explains an “alternative” accounting scheme found to bypass the parliamentary blockade.

In 2021, NB’s start-up costs were “€ 317 million, with funding received entirely from financial companies”. “This payment was then recorded as a capital transfer (actual expenditure) and not as stipulated in the JI 2021 proposal (expenditure on financial assets of financial companies).” The OE Law of 2021 “did not provide for budgetary allocations for the National Bank in the form of assets or capital transfers.”

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However, “to complete the capitalization, the expenditures were recorded as a capital transfer, while the total Fund allocation in actual expenditures was increased by the amount necessary to cover them, through budgetary changes within the competence of the government (offsetting the increase in this ceiling, which reduces the similar indicator for other companies, participating in the same financial program) “, – explains the UTAO. “Thus, the government has found an alternative accounting process to the one that was rejected by parliament for the public capitalization of the bank,” which by 2020 has already cost Portuguese taxpayers 7.9 billion euros.

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Economy

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

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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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Economy

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

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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

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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.

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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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