Portugal’s economic activity fell in August, according to the Bank of Portugal which noted that this was the second month in a row that the figures has defied government wishes.
The index fell 0.6% year on year, which shows a worsening situation which can be attributed to a slow down in private consumption which is still growing, but not fast enough to bring happiness to the Treasury.
More accidents but fewer deaths, is the summary for Safe Summer 2014 when compared to the figures from last year’s summer road safety campaign.
The numbers released by the GNR for the June 1 - September 15, 2014 period, are 20,915 road accidents, 539 more than in 2013, but with fewer deaths as only 110 lost their lives this year compared to 138 during the summer of 2013.
Voters living in Scotland, the vast majority of them Scottish, have decided for themselves and on behalf of Scottish nationals across the world to remain as part of a greater union.
The electorate turned out in huge numbers to vote, with 55% ticking the box to stay in the union.
Armando Almeida replaced Zeinal Bava at the helm of Portugal Telecom on August 18th this year and is promising great things in a company where he aims to change the culture and become focused on the customer.
Zeinal Bava skipped off to Oi in Brazil as soon as the storm broke about PT’s massive loan to Espirito Santo’s Rioforte, a loan which the Rioforte failed to repay as it scuttled off under the safety of the protection of Luxembourg's legal system.
The crimes include qualified forgery, aggravated fraud and computer fraud and resulted in three former employees of Portuguese bank Banif managing to steal €10 million from its customers.
These serious offences and the huge amount of money involved resulted in sentences that were suspended if each defendant pays €400,000 back to the bank – within the next five years.
The Dubai Financial Services Authority today imposed harsh restrictions on Espírito Santo Bankers Dubai preventing it receiving or paying out money.
This freeze is designed to preserve the assets held locally in Dubai amid concerns that illegal transfers may be made to other parts of the failed Espírito Santo empire, or to individuals connected with the financial group.
Rui Mateus Pereira, the leader of the team that is responsible for the overall management of the new computerised court system, Citius, admitted today that the programme will be overloaded within three years, if it ever gets off the ground in the first place.
According to Pereira, a new software package for the Justice Ministry is already being prepared for launch in 2017.
Faro council today reacted with great "surprise" at the distinct possibility that Gibraltar will stop playing its matches in the Algarve Stadium.
The Gibraltar Football Association "so far has not expressed any displeasure” about the arrangement with the Algarve Stadium, states the council.
