The World Bank has revised down its economic growth forecasts for all Portuguese-speaking African countries (PALOP) this year, with the exception of Guinea-Bissau, while also warning of rising inflation across …
Economy
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The American fashion brand Levi Strauss recorded a net profit of $175.8 million (€152 million) in the first fiscal quarter, up 30.2% compared to the previous year. The results for …
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Angola’s inflation rate fell to 12.42% in March, down 0.93 percentage points from February, marking the 21st consecutive month of decline, according to data from the National Statistics Institute (INE). …
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Mozambique faces annual economic losses of 11.7 billion meticais (€156 million), equivalent to 1.3% of GDP, due to tobacco consumption, according to the government. The figure was cited in the …
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The President of East-Timor, José Ramos-Horta, stated today that he does not extend congratulations on the ceasefire announced between the United States and Iran, urging both sides to demonstrate “decency” …
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China’s Vice President Han Zheng stated today that Beijing is willing to deepen cooperation with Portugal, strengthening mutual trust and expanding collaboration in areas such as clean energy, digital economy, …
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The subsidies are in addition to other measures already announced by the government of President Luiz Inácio Lula da Silva and are specifically aimed at reducing the price of diesel, …
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Oil prices plummeted and Asian stock markets soared in early trading on Wednesday after the United States and Iran agreed to a two-week ceasefire, with Tehran temporarily reopening the strategic …