Paulo Vaz
I have recently written, in a weekly journal specialized in economic affairs, that we were heading towards a perfect storm; better still, facing the circumstances and the convergence of happenings, a more than perfect storm. An economic crisis joining the sanitary crisis, the disruption of the supply chains, the exponential increase in raw-materials, energy, transports and wages, corresponding to the clear shortage of all these productive factors simultaneously is the most evident expression of an unexpected political crisis, anticipating a highly likely financial crisis. The increase in inflation will determine the take off of the cost of money in international markets and the most indebted countries, such as Portugal, will be on the forefront of its negative impact, which will culminate in a social crisis. The most vulnerable will always be the ones to suffer the consequences of the preceding disparities.
Read moreOver the past two decades the Textile and Clothing Industry has gone from hell to heaven, only to be projected into the abyss once more.
Read moreThe ITMF 2019 Convention, which took place in Porto from October 20th to the 22nd, gathered more than 370 congressmen and congresswomen from more than 30 countries, setting an attendance record for the Convention – just the Portuguese delegation alone counted more than six dozen people – that is already considered, by many, as the best edition so far.
Read moreIn an ever-changing world, those who stay in the same place are left behind.
Read more