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Sagres. Pleasure boat + fog = disaster

boatsunksagresA recreational boat hit rocks and sank early on Saturday morning near Baleeira, Sagres -  the sole occupant had to be rescued by lifeboat.

The boat had just left the port and was bound for Sesimbra, but instead of turning right, steered in the opposite direction. It was not long before the boat hit the rocks near Martinhal according to a baffled Carvalho Pinto, the noble commander of the port of Lagos.

The Algarve scores again

albufeirabeachThe Algarve was listed as 2014’s second best value destination out of the top 44 most popular countries in the world.

Top spot was Bali, according to the new Worldwide Holiday Costs Barometer compiled by Post Office Travel Money.

British fences to deter desperate migrants

refugeesThe UK´s response to the migrant crisis in Calais is to send security fences and barriers to deter desperate people in their attempts to make it to Britain.

Rising numbers of migrants massing Calais over the summer have brought problems for the police and city administration and much worry to the residents of the French port.

China marches towards world´s biggest economy

chinaChina appears to be on path of overtaking the US which holds the rank of world´s largest economy.

Spending by consumers in China could propel the country into the top position as early as 2024, according to the economic monitor IHS.

Applications plummet for higher education, except in the Algarve

student loanWith only 58% of vacancies filled in the 1st round of applications, Portugal’s polytechnics and universities are facing a serious lack of students.

The government is acting fast by offering additional grants to fund students who want to go to a university or polytechnic outside the major popular urban centres of Lisbon, Faro, Coimbra and Oporto.

Portugal's August temperature lowest for 14 years

strawberryAugust seemed to expats and seasoned locals to have been a tad cooler than in previous years, and they are right.

The August average temperature this year was the lowest for 14 years.

Algarve Hotels reach 92.1% occupancy in August

hotel3The average occupancy of hotels in the Algarve during August reached 92.1%, a rise of 1.2% over August 2013, with the volume of business increasing 3%.
 
Provisional data released this Friday by the Association of Hotels and Resorts in the Algarve (AHETA), shows that an increase in nights spent by British, Irish and Portuguese visitors carried the overall result to this impressive level.

BES non-exec directors chosen for their stupidity

besNuno Godinho Matos, a former non-executive director of Banco Espírito Santo, admitted today that he did not know what was going on at BES up until its emergency bailout by the Bank of Portugal.

Matos said that the non-executive directors "had nothing to do with the daily life of the bank."