Bitcoin is "a form of speculation", says Vítor Constâncio, the vice-president of the European Central Bank who considers the virtual currency not to be a currency at all, despite each Bitcoin being worth, at the end of last week, $3,600
Vítor Constâncio headed the Bank of Portugal for ten long years between 2000 and 2010 and was shuffled off to the ECB where his utterances, mercifully, have been few.
The Berardo Foundation has debts of €998 million as at the end of 2016. Almost all are medium to long-term bank borrowings.
The founder of the Foundation, Joe Berardo, holds 862 works of modern and contemporary art in a collection valued by Christie's at €316 million in 2007, rising to around €400 million today. This is the collection on display at the Museu Coleção Berardo in Belém, Lisbon.
Both human animals and non-human animals are gifted with a nervous system, more or less developed, which allows them to feel and be conscious of their environment and to be able to distinguish what is pleasurable, dangerous, aggressive and painful, (writes Vasco Reis)
These beings all experience sensations, emotions and feelings in a similar manner. This being the case they can use the mechanisms of fight and flight, without which, they would not be able to survive. Therefore fear and pain are essential for survival.
The Secretary of State for Tourism has given the green light for a tourist tax in Oporto but wants to leave other councils to decide what is best for their particular markets.
In an interview on Antena 1, Ana Mendes Godinho said there will be no great tax grab from the tourism sector in the 2018 State Budget and that anyway, the market is growing, with more than 330 approved tourism projects with 1,500 companies involved and €600 million due to be invested as Portuguese banks now are prepared to take more risks in the sector.
Of the Spanish government’s three ships, contracted to dock in Catalonian ports to act as accommodation for thousands of Guardia Civil, one has been refused entry and the other two face a port workers’ boycott as the October 1st independence referendum date approaches.
The Mariano Rajoy plan is to flood Catlonia with military police to prevent the independence referendum form taking place. This follows raids on regional government offices and the arrest of at least 14 government officials involves in ‘illegal’ referendum preparations.
MAR Shopping Algarve, due to open next to the new Ikea store near Loulé, has missed its deadline for completion and management has decided to postpone its opening.
A press visit already was cancelled for September 21st, with a new deadline given as September 13, but this too has not been achieved.
Police investigators have found evidence of negligence by four entities in the deaths of 64 people, all victims of the June 2017 fires that started at Pedrógão Grande and swept through densely planted eucalyptus forests.
According to Correio da Manhã, the investigating PJ officers have a case against the Civil Protection agency, the GNR personnel who ordered motorists to use the EN236-1 and Ascendi, the company responsible for maintenance of the roadsides.
The Algarve region collected an exceptional haul of awards at the Publituris Portugal Travel Awards gala at the Bom Sucesso Resort, in Óbidos on Thursday evening.
The region received five top awards, namely - the Best National Tourism Region, the Best Resort Hotel, the Best Beach Hotel, Best Golf Course and Best Three Star Hotel.
