Portugal’s Prime Minister, António Costa met the Chinese President Xi Jinping on Saturday October 8th with both calling for more Chinese investment in Portugal.
During the meeting at the Great Hall of the People, Xi told the Portuguese PM that both countries need to deepen their cooperation in investment and to explore new markets.
Tavira’s 4-star Porta Nova hotel (pictured) was forcibly shut down by its lender, 140 guests were ejected, 45 staff lost their jobs, the doors chained shut and security guards were put in place to ensure Novo Banco’s asset was protected.
These events took place in the first week of October 2015, leaving the hotel’s owner, Manuel Simões, incandescent at the bank’s action over a sale and leaseback arrangement that he said could have been resolved by negotiation and that by closing the hotel, there was no cash flow available to make repayments.
Technology giant Apple selected economically-bereft Naples for its very first technology academy which was opened last Wednesday. It is a skill school for software developers.
Its investment in the southern Italian city should help lift the struggling local economy and entice more foreign investment while enhancing opportunities for younger people from a host of nations to develop both technology and leadership skills.
The regional Court in Évora has confirmed the sentenced passed in Portimão on Nigel Jackson, the Briton found guilty of murdering his partner Brenda Davidson and of concealing her body.
Jackson got 25 years in jail, the maximum allowed under Portuguese law, for the gruesome murder in 2014 of his partner in the house they shared in Alcalar, Portimão.
Taxi drivers have been using Facebook to threaten the Deputy Secretary of State for the Environment José Mendes who now has increased police security.
An evaluation by the Public Security Police and the Security Information Service has noted the growing tension due to scheduled legalisation to legalise alternative transport services such as Uber and Cabify.
The government plans to demolish thousands of dams across Portugal which no longer are justifiable on environmental grounds.
A working group set up by the Government is to draw up a list of obsolete dams by the end of the first quarter of 2017 devise a demolition schedule.
On October 21st the bond rating agency DBRS is to state whether Portugal has hung onto its current, life-saving rating of just over ‘junk’ status.
This has allowed the country to stay in the European Central Bank’s State bond-buying programme without which the cost of borrowing for Portugal would rise steeply.
The 7th edition of the Bird Watching & Nature Activities Festival, which took place between 30 September and 5 October, had a total of 1,109 people taking part in various of the 300 activities on offer.
The Minister of the Environment, João Pedro Matos Fernandes, and the Assistant Secretary of State for the Environment, José Mendes, released two birds of prey from captivity, planted trees and generally smiled for the cameras.
