The 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.

The 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 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.

With 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.

August 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.

The 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.

Nuno 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."

“TAP can not and must not be privatised under pressure," according to Minister for the Economy, Pires de Lima, who added that there have been several expressions of interest in buying the national airline.

"There are various good indications of interest. This is welcome, particularly from Dr. Miguel Pais do Amaral, but fortunately there is more than one expression of interest," said the minister at the" Shape Europe 2014" in Lisbon.