The Foreigners and Borders Service (SEF) today announced that it had identified and questioned 15 people in Olhão in an operation designed to identify those involved in the sexual exploitation of women and international people trafficing.
The stopping and questioning of foreigners took place as part of Operation Safe Summer 2014, which continues until September 15th.
Portugal’s stock market regulator remained blissfully unaware of key developments in the BES collapse which it says "apparently" influenced stock prices before shares in BES were suspended last Friday.
The regulator has responded so certain of the statements by the Governor of the Bank of Portugal in a Parliamentary hearing.
Over 90% of the drop in PT shares is due to its disastrous purchase of bonds in Rioforte, a Banco Espírito Santo Group subsidiary.
When news of PT's investment of almost €900 million in Rioforte debt was revealed, the run on the telecoms supplier's shares started, and has continued relentlessly throughout the Banco Espírito Santo Group collapse.
Officers manning a GNR control point, part of 'Operation Stop,' struck lucky early yesterday morning as they searched two cars and arrested the occupants in connection with the 3,900 hits of heroin hidden in their vehicles.
The dawn arrests were made at the side of the EN396 betwen Quarteira and Loulé.
More than 900 authors are appealing publicly to Amazon asking it to end its dispute the Hachette, one of the world’s largest publishers.
The rift concerns the terms of Amazon’s e-book sales.
Britain, along with other European countries, is on track to become a super-aged society.
According to the Office for Budget Responsibility, the number of over-85s in Britain will almost quadruple in the next 50 years. In the early Fifties, life expectancy was around 66 for men and 70 for women. Today, the figures are closer to 79 and 83 respectively.
While Faro's mayor Rogério Bacalhau dreams of 5 star hotels and the conference market, an energetic young company has responded to a real tourist market with the opening of Hostel 1878, located in the heart of Faro in a century-old building offering low cost accommodation to the younger tourist.
The redevelopment of the classified building has needed a high degree of skill and care. The hostel once was a school and latterly an institution for girls. Now guests can drop in, hang out and move on as they please.
Henrique Granadeiro today resigned from the board of Portugal Telecom, wanting to defend the "interests of shareholders," and wrote that he always had acted "in the best interest of PT, its employees and all its shareholders."
The joint Chief Executive and Chairman of Portugal Telecom resigned over the disasterous investment in Espírito Santo Group offshoot Rioforte where PT has lost up to €900 million.
