'Forest fires are killing our grandchildren' by Jack Soifer

fireforestTwelve years ago I published a report on the methods used elsewhere in the EU for 40 years to prevent rural fires.

Over many summers, Portugal twice has lost thousands of hectares of forests and pastures which has affected the small rural producer.

Portuguese named in leaked Bahamas offshore directors list

caymanAt last some more details of tax haven company directors contained in files leaked to the International Consortium of Investigative Journalists have become available.

The Bahamas list of company directors is the latest leak from the Mossack Fonseca files with names of 28 Portuguese citizens and 22 foreigners resident in Portugal identified as directors of 38 Bahamian companies established between 1990 and 2016.

Confidence in UK housing market leads to big increase in mortgage lending

ukhighstreetMortgage lending in the UK mounted in August, hitting its highest level for the month since before the financial meltdown.

The figures indicate that the British housing market has remained resilient despite the Brexit vote.

Espiche golf improves course and facilities

espicheEspiche Golf has invested over €150,000 in improving the course and facilities

The golf course near Luz in the Lagos council area already is famous for building an award winning club-house and now has improved its course facilities with work carried out on many fairways and bunkers.

Fitch warns of Portugal's shaky banking sector

fitchRatings agency Fitch warned today the Portugal’s ‘slow operating environment’ is hampering the country’s banks in their effort to make adequate profits and bolster their capital ratios.

In a note based on a report on the risks of Portuguese banks, the agency notes that the country has emerged from a deep recession in 2013 and predicts a modest GDP growth of 1.2% in 2016, rising to 1.4% in 2017.

Gibraltar a “colonial anachronism”, Spanish king tells UN

gibraltarNow even the king of Spain has joined in the Spanish chorus begging for control of Gibraltar.

Using his speech at the United Nations General Assembly as his platform, King Felipe VI said that Britain should “end the colonial anachronism of Gibraltar”.

Oceanico's Vilamoura golf courses sold in €70m deal

oceanicoThe home of golf’s Portugal Masters has been sold for just under €70m by its owners, the Oceanico Group, to a business consortium headed up by footballer John Terry’s agent.

The Algarve-based Oceanico Golf portfolio includes the famed Old Course in Vilamoura, and the Victoria Course, which hosts the European Tour next month for the Portugal Masters, writes Terry Lean in the Irish Examiner.

Man sues airline after being pushed to the limit in his seat

airlineseatAn Italian lawyer is taking Emirates airline to court after being obliged to sit next to an overweight passenger on a long flight.

Giorgio Destro, from the northern Italian city of Padua, claims to have had to endure nine hours on a flight in July from Cape Town to Dubai because a considerably heavy man in the seat adjacent to Destro’s window seat was taking up too much of his assigned space.