The owner of the world’s largest online poker site has announced that it soon may enter Portugal’s new online gaming market.
CEO Rafi Ashkenazi, the boss of Amaya which is the Canadian company that owns PokerStars, made the announcement to analysts, saying he was waiting for final regulatory approval to launch an online poker operation in Portugal.
Chinese company Fosun, already the owner of the previously Portuguese insurance company Fidelidade, is to become the largest shareholder in Portugal’s largest privately owned bank, Millennium BCP.
Fosun is led by the tycoon Guo Guanchang, known as ‘China’s Warren Buffett,’ and is but one deal that recently has seen significant acquisitions in Portuguese companies by Chinese groups which have bought in electricity generation, the national grid, insurance, hospitals and water supply.
A Indian coule died early on Sunday afternoon after their car crashed on the IC1 near Santana da Serra in the Ourique district of Beja.
Two of the wounded, 53-year-old Mannarath Dominic and his wife Betsy, were transported to the Emergency Service at Castro Verde Health Center (Beja), but died soon after admission.
Last year more than 26,000 people throughout the European Union were killed as a result of driving accidents, according to Eurostat.
Although that figure is high, the number of fatalities on EU roads has been falling significantly every year for the last two decades. In 1995 nearly 64,000 people lost their lives because of negligent driving.
German Chancellor, Angela Merkel, has confirmed that she is to seek a fourth term in the general elections to be held in September 2017.
Speaking after meeting centre-right CDU party officials, Merkel staid, "I literally thought about this decision endlessly but I am ready to run for office again."
At last some clarity from the government over the Caixa Geral de Depósitos directors dispute.
Carlos César, the President of the Socialist Party, said today that the directors, led by António Domingues (pictured below), would have to be replaced if they did not meet the deadline for the delivery of their income and asset statements to the Constitutional Court.
The Algarve’s municipalities are spending again with the BASE public contracts website* showing hundreds of thousands of euros worth of contracts registered in November.
For some mayors the hard times are over, in the Algarve at least, and there seems to be no shortage of money being spent in the final quarter of the financial year.
As discussions continue over the proposed State Budget for next year, the Left Bloc continues to propose that the Algarve’s A22 motorway is free, or at least a lot cheaper for motorists.
The dogged Bloquistas argue that the Algarve’s drivers should not continue to pay tolls on the Via do Infante and that the rest of the region's infrastructure is in a right old mess.
