Gang laundered 'more than €150 million' through Portugal's high street banks

Members of a MMMmmmmjjjjsM85798579Members of a criminal network, accused of laundering more than €150 million through Portuguese banks, are on trial in Lisbon.

Twenty-nine individuals and the owners of companies Money One and Transfex are being prosecuted.

Bird ‘flu case brings ban on Algarve poultry movement

fluA case of suspected bird ‘flu in a grey heron  (Ardea Cinerea) was confirmed on Tuesday in the Algarve. The bird had been found dead in Ludo, Almancil and was taken for tests.

The alert level has been raised and "protection and surveillance measures in the Algarve region have been strengthened," according to the Food and Veterinary Office.

McCanns lose High Court appeal against Amaral’s 'Truth of the Lie’ book

8585Madeleine McCann’s parents have lost their appeal over the acquittal of Gonçalo Amaral, a former inspector of the Judiciary Police, who claimed in his book, ‘Madeleine, Truth of the Lie,' that Kate and Gerry McCann had been responsible for her disappearance.

Amaral wrote that the McCanns faked the abduction of Madeleine, claiming that she had died in the Praia da Luz holiday apartment in May 2007.

 

Germany ended year as world’s richest exporter

bmwGerman exports remain on a roll with the country breaking a trade surplus record in 2016.

The result catapulted Germany into the position of the world’s richest exporter, overtaking China, according to a respected economic think tank.

Welcome dip in Portugal’s jobless rates

joblessThe unemployment level in the eurozone dropped to 9.6% in December 2016.

This was down from the 10.5% which stood the previous December.

Faro - floating body still had phone and money

FaroDocksNewMarinaSmallTwo shellfishermen discovered a dead body on Sunday morning, floating in the water the south far side of Faro harbour. 

The men called the authorities at around 08.25 but there was nothing anyone could do as the body clearly was lifeless.

PM wants Portugal to 'ride the crest of the wave' into the 4th Industrial Revolution

fibreopticAntónio Costa wants Portugal to "ride the crest of the wave" into the fourth Industrial Revolution.

The Prime Minister was in Leiria to launch ‘Indústria 4.0’, a package of training and innovation initiatives to propel the country’s businesses into the forefront of their sectors.

Spanish economy powers ahead

spanishfactoryThe economy in Spain grew by 3.2% last year, according to official figures released on Monday.

The result mirrored that of 2015 and was one of the best among EU countries.  Eurostat statistics indicate that average annual growth in the euro block was 1.7% in the third quarter of 2016.