The US state of Colorado is raking in taxes on its legalised sale of cannabis.
In January, the first month of sales, $2 million landed in the state government’s coffers. Another $1.5 million in tax was collected from medical sales of the drug.
During the same month, $2.7 million came in from tax on alcohol.
Banks forwarded €500 million less to Portugal’s corporate sector this January compared to last, according to figures released today by the Bank of Portugal, an 11% fall.
Compared with December 2013, the reduction was 13.5% in January 2014 so either companies do not need finance or the banks are not lending to them, due mainly to a rise in mortgage debt.
The UK's Liberal Democrats will fight to ensure British expats in other EU countries do not lose their right to vote, in a ground-breaking new policy adopted at the party's spring 2014 conference in York.
The party - whose policies are decided by its members at conference - also decided to look into the idea of overseas constituencies to represent Brits abroad, as used by France and Italy.
"Not to insult people who want a consensus," said the stately warhorse of Portuguese politics, but "I have said enough for people to realise that I do not agree with it.”
The former President of the Republic of Portugal was asked his opinion of yesterday’s speech by the current Head of State, Cavaco Silva who has called for an ‘arc of governance’ in Portugal’s political scene, exhorting parties to converge and agree on austerity measures so as to please foreign lenders.
Portugal’s President believes an all party consensus in the next legislature could lower interest rates as long as they all agree on austerity measures.
The last time the Head of State called for a political convergence was when Paulo Portas caused a crisis by threatening to lead his party from the coalition and bizarrely was rewarded by the Prime Minister Pedro Passos Coelho with the position of Deputy Prime Minister.
Tenders for the long-delayed new bridge to Faro Island may be opened this year with work ending in 2017 according to Faro’s mayor, Rogerio Bacalhau.
"What is envisaged is to launch the contest this year and if this goes well we can have the work contract signed at the end of the year and the work can still be started later this year or, at worst, early next year" said an unhurried Bacalhau today.
The Spanish interior minister has admitted that police should not have fired rubber bullets as migrants swam towards Ceuta, the Spanish enclave in North Africa.
The incident, in which at least 15 migrants are known to have drowned, occurred on 6 February.
The body of 75-year old Louis Jacinto Duarte was found this morning with a bullet in his head at Auto Peçusa in the industrial zone of Pateiro near Estombar, Lagoa.
The victim was found around 8.00am on Monday by his son and employees turning up for work.
