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Dope smokers pay $44m into Colorado’s coffers

cannabisThe US state of Colorado has realised $44 million (£29 million) in tax revenue in the first year of legalised cannabis sales.

It was the first state to authorise legal sales of the narcotic for recreational use to anyone over the age of 21. Sales are authorised only in shops licensed by the state.

HSBC says sorry

hsbc2HSBC has taken out several full-page ads in several British Sunday newspapers to announce its apology over the scandal which is enveloping it.

Documents leaked by whistleblower Herve Falciani purport that HSBC’s Swiss private bank with active in helping clients evade tax.

EC rules that Portugal’s tolls are illegal

4788Tolls imposed by the Portuguese government on Portugal’s formerly free road network are illegal and should be removed. The European Commission has threatened to take Portugal to the European Court of Justice unless the tolls system is scrapped forthwith.

The tolls infringe community law and expert opinion in the test case brought by Aveiro council had concluded that the ruling is valid for all SCUT roads, including the Via do Infante across the Algarve.

Print photos to preserve them

googleInternet users have been warned to print out copies of important documents and photographs before they are lost forever.

Google’s vice president and internet pioneer, Vint Cerf, said it was time to preserve digital data.

Tivoli management is 'evasive' about new Thai owners

tivoliThe hotel and tourism workers union management said today that it was deeply concerned about the financial situation at the hotels in the Tivoli group whose management has applied for relief under a Special Revitalisation Process.

It does not help the general mood that the hotel company’s sole shareholder, the Espírito Santo subsidiary, Rioforte Investments, is itself bankrupt.

More passport checks to be made at borders

passportbulgarianEU leaders believe that stricter border controls need to be imposed in the Shengen area.

At a meeting in Brussels on Thursday they agreed to tighten measures to "disrupt terrorist travel".

Portugal and Spain awarded €288 million for cross border cooperation

guadianaThe European Union is to provide €288 million in a move to foster cross-border cooperation between Portugal and Spain.

The European Commission claimed today that the money will be made available through the latest phase of the interregional cooperation programme (Interreg), which, including some national funds, will bring the total available to €382.5 million.

American Pie revelation promised

americanpie"Bye-bye, Miss American Pie/Drove my Chevy to the levee, but the levee was dry."

"The jester sang for the king and queen/In a coat he borrowed from James Dean" and "while Lennon read a book on Marx/The quartet practiced in the park".