Nova Business & Economics of Lisbon @ Newark, March 31 STUDY IN EUROPE – GATEWAY “PORTUGAL”
The Nova School of Business and Economics (formerly Faculdade de Economia da Universidade Nova de Lisboa) will attend the Education and Portuguese Language Fair at the East Side High School of Newark, sponsored by the Consulate of Portugal, on Saturday, … Read Full Story
read morePortugal’s woes drive personal bankruptcies
LISBON, Portugal (AP) — Nuno Pinto is 40, out of work and contemplating a step he thinks is the only way out of his family’s financial plight: personal bankruptcy.
Pinto, like many Portuguese, is financially stranded. He has no
TAP, Portuguese airline posts profit despite fuel costs
LISBON, Portugal (AP) — TAP Air Portugal says a record number of passengers helped it post a €3.1 million ($4.12 million) profit last year despite a 37 percent increase in fuel costs.
The state company is slated for privatization this
Portugal gets $2.65 bln in debt auction
LISBON, Portugal (AP) — Portugal managed to borrow almost €2 billion ($2.65 billion) at sharply lower prices in a short-term debt auction Wednesday, despite nagging concerns about its chances of beating a recession.
The government debt agency said it sold
Investor PIMCO: Portugal risks becoming 2nd Greece
BERLIN (AP) — The head of bond investor PIMCO says in an interview that heavily indebted Portugal is at risk to follow Greece’s downhill path.
German news magazine Der Spiegel quotes Mohamed El-Erian, CEO of the giant bond mutual
Portugal and Spain ask “where’s the rain?”
ROBRES, Spain (AP) — Fernando Luna, a burly Spanish farmer, yanks a barley sprout from a field as dry as powder. He examines its roots, which are mostly dead, then tosses the stunted shoot away in disgust.
“Worthless! This is
National restaurant chain unveils Azorean menu
Boston – For centuries, the Azoreans have been leaving their flavor throughout New England.
From numerous types of sausage, such as blood puddings and linguiça, to rich cheeses and delicious sweet breads, the Azorean cuisine has left its taste on … Read Full Story
A look at the unemployment rates in the eurozone
BRUSSELS (AP) — Eurostat, the EU’s statistics office, estimates that unemployment across the 17-nation eurozone rose to 10.7 percent in January, a new record since the euro launched in 1999.
Here’s how the countries compare:
Spain 23.3 percent
Greece 19.9
Lenders say Portugal bailout program is on track
LISBON, Portugal (AP) — Portugal is complying with conditions attached to a €78 billion ($105 billion) international bailout it received last year, the country’s finance minister and foreign lenders said Tuesday.
That assessment ensures Portugal will receive its next installment
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 morePortuguese 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
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!”
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
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
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
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
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
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
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