This week’s news of former retail giants Sears and Kmart filing for bankruptcy is bound to spur headlines about the death of retail in the U.S.  However, multiple forecasts predict a robust holiday shopping.

To settle objectively the deduction of VAT contributions on vehicles "affected by business activity", the legislator considered as a valid percentage a lump sum of 50% deduction. But left the door open to a possible deduction higher or lower.

According to Henley Passport Index, the Portuguese passport is the fifth most valuable in the world, in a list with 199 countries, along with passports from United States of America, United Kingdom, Norway, Austria, Luxembourg and Netherlands.

While several prominent retailers have turned to bankruptcy and store closures, research demonstrates that this doomsday hype is somewhat overblown. So why the prevailing narrative?

Nowadays everything is more advanced and the connection between people, services or entities is becoming easier, faster and stronger.