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The ECB's 2026 Dilemma: Hike Rates Into a Slowdown, or Let Inflation Expectations Drift?

The ECB's 2026 Dilemma: Hike Rates Into a Slowdown, or Let Inflation Expectations Drift?

One month ago, energy prices were falling, eurozone inflation sat comfortably at 1.9%, and the European Central Bank was on track to hold interest rates steady through most of 2026. Then came the Iran war. Eurozone inflation surged to 2.5% in March...

Portugal Launches Six Satellites Aboard SpaceX — Building a 'Waze for the Oceans' and Expanding Space Autonomy

Portugal Launches Six Satellites Aboard SpaceX — Building a 'Waze for the Oceans' and Expanding Space Autonomy

Portugal achieved a milestone in its space ambitions this week when six Portuguese-built satellites launched aboard a SpaceX Falcon 9 rocket from Vandenberg Space Force Base in California. The mission, celebrated at Lisbon's Pavilhão do Conhecimento...

European Commission Forecasts 2.2% Growth for Portugal in 2026 — But Bank of Portugal Sees Only 1.8%. Who's Right?

European Commission Forecasts 2.2% Growth for Portugal in 2026 — But Bank of Portugal Sees Only 1.8%. Who's Right?

Portugal is facing a tale of two forecasts. The European Commission projects 2.2% GDP growth for 2026, powered by domestic consumption and EU-funded investment. The Bank of Portugal, by contrast, slashed its outlook to 1.8% earlier this month,...

Bank of Portugal Slashes 2026 Growth Forecast to 1.8% as Middle East Conflict Drives Energy Shock and Consumer Confidence Crashes

Bank of Portugal Slashes 2026 Growth Forecast to 1.8% as Middle East Conflict Drives Energy Shock and Consumer Confidence Crashes

Portugal's economic outlook has deteriorated sharply in the wake of the US-Israel attack on Iran in late February, forcing the Bank of Portugal to cut its 2026 growth forecast by a full half percentage point to 1.8%, down from the 2.3% projected...