Only 28% of Portuguese willing to take up arms

rifleThe question "If there was a war that involved your country would you be willing to fight?" was posed by Win/Gallup International to the inhabitants of 63 countries.

The percentage of Portuguese and the European average of those willing to go to war in defence of their countries was under a third, with the number of potential 'volunteers' in Portugal just 28%.

Sagres beach death of 'Fat Faruk' - a German master criminal

fatfarukA German found dead on Tonel beach, Sagres last February turns out not to have been just a normal holidaymaker who had suffered an accident.

Wolfgang Koszics was in fact instrumental in one of the most famous kidnappings in German history in 1996 and became rather a media star in Germany as a result.

Building work still trailing off in Portugal

buildingsiteConstruction work was knocked further back, reporting a drop of 0.8% in the eurozone in December compared to the previous month.

Compared to December 2013, there was worse news for the building trade as output was down by 3.5%.

Eurostar now boasts 150 million passengers

tgvEurostar enjoyed a boost in business travel and general passengers, bringing the total number of its passengers to more than 150 million since the first service began in 1994.

Last year it carried 10.4 million.

Free land offer does not up popularity of remote island

pitcairnThinking about relocating? What about the sub-tropical tiny Pacific island of Pitcairn?

In recent years, the island’s population has dwindled to just 50, prompting the search for potential new residents.

Swiss police raid HSBC in Geneva

hsbc3Swiss prosecutors have raided the offices of HSBC Suisse in Geneva in an inquiry into money-laundering and tax evasion.

Swiss police sources commented that they are investigating "persons unknown for suspected aggravated money laundering" at HSBC Private Bank (Suisse) which has been headline material since last week, especially in Portugal as details of Swiss bank account holders were released by the International Consortium of Investigative Journalists after computer files were stolen by an HSBC employee.

Vampire Squid hits back at Bank of Portugal

vampiresquidThe Bank of Portugal has been accused by Goldman Sachs of violating the basic principles of the rule of law, over its decision to leave the €835 million Goldman’s Oak Finance invested in BES, in BES.

Goldman Sachs, the vampire squid of legend, has promised to engage all legal means to challenge the decision of the Bank of Portugal to put Oak Finance's BES investment into the BES ‘bad bank.’

Spanish bank launches takeover of Portugal's BPI

bpiSpain’s CaixaBank has launched a takeover bid for Banco Português de Investimento (BPI) at €1.329 a share.

CaixaBank has launched the tender offer for Portugal’s high street lender, led by Fernando Ulrich, at a price that represents a 27% premium to Monday’s close.