Woman’s finds 11th century Port. medallion in shark’s stomach

Woman’s finds 11th century Port. medallion in shark’s stomach

A Malaysian woman said she found a 11th century medallion in a fish she bought at the Fish market.

Suseela Menon, 47, a resident of Klebang town in the state of Malacca,  was preparing and cleaning the fish when she … Read Full Story

read more

Portuguese reject govt call to work on Carnaval

Portuguese reject govt call to work on Carnaval

LISBON, Portugal (AP) — Portuguese workers issued a spontaneous “Ja chega!” — “That’s enough!” — to the government Tuesday, rejecting its appeal to stay at their jobs during Carnaval, one of their most beloved holidays.

Elaborate costumes, scary masks

Read Full Story

read more

Portugal defies government’s Carnaval cutback plan

Portugal defies government’s Carnaval cutback plan

LISBON, Portugal (AP) — Garish costumes, scary masks and bright wigs trumped dreary economic austerity Tuesday as most Portuguese defied a government appeal to keep working on one of their deeply beloved holidays: Carnival.

It was a spontaneous “Ja chega!”

Read Full Story

read more

Winners of high school blog contest to visit Portugal

Winners of high school blog contest to visit Portugal

BOSTON — A new contest will reward teachers and students with trips to Portugal and the United States for the best blogs produced by high schools in both countries in order to promote Portuguese literacy.
 Recently created by a Portuguese … Read Full Story

read more

Bailed-out Portugal’s jobless rate hits new record

Bailed-out Portugal’s jobless rate hits new record

LISBON, Portugal (AP)Portugal’s jobless rate jumped to a record 14 percent at the end of last year, the national statistics agency reported Thursday in the latest grim sign of the bailed-out country’s worsening economic problems.

The unemployment rate

Read Full Story

read more

Iran halts oil to Portugal, five other EU nations

Oil rose to near $102 a barrel on Wednesday after Iran announced it would stop crude exports to six European countries and investors were heartened from positive developments in Europe’s sovereign debt crisis.

Iranian state TV said Wednesday that Tehran

Read Full Story

read more

Portugal records double-dip recession in 2011

Portugal records double-dip recession in 2011

LISBON, Portugal (AP)Portugal’s economy contracted by 1.5 percent last year, pitching it into a double-dip recession amid an acute financial crisis, the country’s statistics agency reports.

Portugal needed a €78 billion ($103 billion) bailout last year to avoid

Read Full Story

read more

Portugal wins German support for bailout changes

Portugal wins German support for bailout changes

LISBON, Portugal (AP) — Portugal’s attempts to get some breathing space in its austerity and reform program appears to have won the support of Germany’s finance minister.

Portugal’s promises to introduce a raft of tax hikes, pay cuts and other

Read Full Story

read more

R.I. Senate approves resolution to keep U.S. Consulate in Ponta Delgada open

Providence —  The Rhode Island Senate passed a resolution sponsored by Sen. Daniel Da Ponte (D-Dist. 14, East Providence, Pawtucket) requesting U.S. Secretary of State Hillary Rodham Clinton to continue operations at the American Consulate in Ponta Delgada, Azores.
The … Read Full Story

read more

Portugal PM wants easier bailout terms for banks

Portugal PM wants easier bailout terms for banks

LISBON, Portugal (AP)Portugal‘s prime minister wants his bailed-out country’s banks to be given more leeway to meet their capital requirements because an acute credit crunch is dooming viable companies.

Austerity measures introduced in return for a Read Full Story

read more

Strike disrupts Portugal public transport system

Strike disrupts Portugal public transport system

LISBON, Portugal (AP) — A 24-hour strike by Portuguese public transport workers caused some disruption for travelers but had a patchy turnout Thursday, suggesting resistance to the government’s austerity program is softening.

Train services ran mostly as usual, even though

Read Full Story

read more

Debt crisis threatens slow death for Portugal

Debt crisis threatens slow death for Portugal

LISBON, Portugal (AP) — In a six-room Lisbon office where until last year more than a dozen people worked, engineer Joao Paulo Lopes sits alone in silence amid dark computer screens, patiently waiting for a bankruptcy lawyer to shut the

Read Full Story

read more

China, Oman win stake in Portuguese utility REN

China, Oman win stake in Portuguese utility REN

LISBON, Portugal (AP) — Portugal’s government says it is selling a 40 percent stake in national grid operator REN to China’s State Grid Corp. and Oman Oil for €592 million ($778 million).

Portugal is privatizing some state companies to comply

Read Full Story

read more

Portugal raises $2B in new debt

Portugal raises $2B in new debt

- Portugal raised $1.97 billion in short-term debt auction on Wednesday.

DEBT AUCTION: Portugal comfortably raised €1.5 billion ($1.97 billion) in a short-term debt auction Wednesday. Borrowing costs were lower than they have been recently, and demand strong, the

Read Full Story

read more

Portugal denies 2nd US appeal for fugitive return

Portugal denies 2nd US appeal for fugitive return

Portugal’s Supreme Court has refused a second appeal by the U.S. to extradite American fugitive George Wright.

A court ruling provided to The Associated Press on Wednesday showed judges confirmed a decision last month to deny a U.S. appeal

Read Full Story

read more

Mendes Foundation seeks Holocaust survivors

Mendes Foundation seeks Holocaust survivors

NEW YORK — Survivors of the Holocaust who were given Portuguese visas, and their descendants, will be listed for the first time in an in-depth database that the Sousa Mendes Foundation is compiling.
According to Olivia Mattis, who is leading … Read Full Story

read more

Euro rises against the dollar on US economic data

Euro rises against the dollar on US economic data

— The euro rose to a five-week high against the dollar Thursday after the U.S. released encouraging durable goods and jobs reports.

Investors also bought euros after Germany’s consumer confidence survey rose in February.

Orders for durable goods rose last

Read Full Story

read more

Spain, Portugal want quick Greek bailout decision

LISBON, Portugal (AP) — The prime ministers of Spain and Portugal said Tuesday they want next week’s European Union summit to adopt measures that will help shield them against contagion from Greece’s debt crisis.

The Iberian peninsula neighbors are both

Read Full Story

read more