Latest news and stories about sovereign fund in Portugal for expats and residents.
In the string of nonsense I heard and read about the Sovereign Fund, I did not retain anything regarding what worries me most (for now): Who is going to manage it?
The author questions the creation of a Portuguese sovereign wealth fund, arguing that it lacks the financial surpluses typical of such funds in wealthy nations. The text expresses concern that the government is attempting to exercise sovereignty through public investment rather than through the regulatory authority of the State, and warns that this initiative may lead to increased public debt rather than securing a future for the citizens.
The Portuguese media reports on the recent football match result for the national team.
The Minister of the Presidency stated this Thursday that the creation of a sovereign fund, announced by the Prime Minister over the weekend, does not aim to invest in “unprofitable or bankrupt” companies and may purchase stakes in businesses that have foreign investment. “It is not economic interventionism. It is not an objective to go and support companies that are not...
The Government continues to remain tight-lipped about the sovereign wealth fund. Leitão Amaro is now mentioning three sectors—banking, energy, and insurance—to defend sovereignty and national security.
The Government's plan to create a sovereign fund aimed at strengthening the State's presence in strategic sectors was poorly received by the opposition, which criticises the lack of clarity.
At the same time that it decided to divest from positions in companies, the Government is moving forward with the concentration of scattered holdings into a single entity, which the Prime Minister calls a sovereign fund.
The Iranian government's decision was made following new threats from Donald Trump against the Islamic Republic. Also in this news bulletin, the leader of the PCP calls for the continuation of the struggle for working conditions.
The Juventus player presented his credentials and says he is ready to start Portugal's next match in the World Cup. Also in this news bulletin, Chega accuses Montenegro of being out of touch with reality.
