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Cycling 🚴

Cyclist dies in race; PM pledges economic reforms amid wage talks.

The nation is mourning a tragic loss after a 19-year-old British cyclist died during the Volta a Portugal, leading to the suspension of Stage 8 of the major cycling event. The incident, where the cyclist was reportedly struck by a car driving on the wrong side of the road, has cast a somber mood over the country's sporting community.

In political news, Prime Minister Luís Montenegro, leader of the Social Democratic Party (PSD), defended his government's achievements, denounced 'modern censorship,' and pledged continued personal income tax (IRS) cuts and an increase in the minimum and average wage. He also expressed confidence that the state would recover its investment in TAP Air Portugal through its sale and future dividends. Meanwhile, a new economic report indicates that state salaries have grown less than those in the private sector for the tenth consecutive month, and the state is set to acquire a 13.7% stake in REN (Redes Energéticas Nacionais) from an entity owned by Amancio Ortega.

Further political developments include the Chega party, the main opposition, demanding a Public Ministry inquiry into the 'Fragates Case' and summoning Minister of National Defence Nuno Melo to parliament. On a brighter note, Sporting CP began the second round of the I Liga football season with a victory over Vitória S.C.

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Cyclist Dies in Volta a Portugal, Race Stage Suspended

A 19-year-old British cyclist tragically died after being hit by a car during the Volta a Portugal cycling race, leading to the suspension of Stage 8 of the event. Organizers have stated that despite the tragedy, the race will continue.

Prime Minister Montenegro Defends Government and Outlines Economic Pledges

Prime Minister Luís Montenegro, leader of the Social Democratic Party (PSD), defended his government's achievements, decrying 'modern censorship,' and affirmed confidence in the state's ability to recover its investment in TAP Air Portugal. He also pledged to continue reducing personal income tax (IRS) and to work towards increasing the minimum and average wage.

State to Acquire Stake in REN from Zara Owner

The Portuguese state is moving to purchase a 13.7% stake in REN (Redes Energéticas Nacionais) from an entity owned by Amancio Ortega, the founder of Inditex (Zara).

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