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Tax on petroleum products drops today and lowers the price of gasoline by 2 cents and diesel by 1 cent – Current events

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Tax on petroleum products drops today and lowers the price of gasoline by 2 cents and diesel by 1 cent - Current events

On Friday afternoon, the Secretary of State for Finance announced that the government would hand over to the public € 63 million in VAT levied on an increase in the average selling price of fuel while Internet service providers cut rates.

“Today the government has decided to restore the model of refund of tax revenues received from the price of fuel. Due to the increase in the average selling price of fuel for the population, the state is levying VAT in the amount of more than 60 million euros, and therefore this increase in ISP rates will be reflected in a decrease, ”the government official said. on Friday, adding that the measure would mean “a two-cent reduction in ISP gasoline and one cent in ISP diesel.”

In total, the amount that will be refunded by the government reaches 90 million euros, as 63 million euros as VAT adds 27 million euros to the rounding of the ISP relief.

“This € 63 million is actually € 90 million per year, as the impact of the additional revenue we get from fuel will make the provider’s one-off fee [Imposto sobre Produtos Petrolíferos] diesel fuel has been reduced by less than a cent and we rounded it to the nearest cent, ”Antonio Mendonça Mendes explained to reporters at a press conference at the Ministry of Finance in Lisbon.

The government spokesman also explained that the government will monitor changes in the average selling prices for the population and, if necessary, “revise upward”, “in order to recover the entire amount of added VAT.”

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In 2016, the government already used a similar mechanism when fuel prices were lower, increasing the number of Internet providers to compensate for the drop in VAT.

“Now we are using the same mechanism, but vice versa, since we receive more revenue from VAT than we expected. We will fully refund this VAT revenue to consumers by temporarily lowering the specific ISP rate for gasoline and diesel fuel in the appropriate proportion, ”stressed Antonio Mendonça Mendes, now operators can reflect this reduction in the selling price for the population.

The government also indicated that the indicators in its possession indicate that there will be a decline in prices in the fuel markets, which is an exceptional situation.

Despite a possible drop in prices on fuel markets, the measure will take effect today and will last until January 31, 2022.

Also on Friday, Bank of Portugal Governor Mario Centeno said that the rise in prices, in particular for fuel, should be temporary, despite the fact that it “clearly got out of control”, noting that during the crisis, oil traded at negative prices …

“Analyzes at the European level tell us that the impact is temporary and financial. […]… I want to remind you that during the crisis, oil traded at negative prices, ”said Mario Centeno, speaking after lunch at the American Chamber of Commerce in Portugal.

However, as he pointed out, we are now seeing a reversal of this scenario “on a significant scale and only obviously uncontrollable.”

The former minister also noted that all scenarios point to temporary inflation and, in particular, in Portugal, held back at 0.9% in 2021 as a whole.

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Lusa has contacted the Portuguese Association of Petroleum Companies (Apetro) and the National Association of Fuel Dealers (Anarec), but has not been able to receive comment so far.

According to the proposed state budget for 2022, presented to parliament on Monday, surcharge from ISPs will remain next year at € 0.007 per liter for gasoline and € 0.0035 per liter for road diesel and non-ferrous and labeled diesel fuel.

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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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Economy

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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