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Portugal to benefit from refugee quota

refugeeship2Portugal’s quota of refugees is set to increase from 40 last year to over 700, figures to be confirmed at the end of May.

The opportunity to take a slice of the increasing number of refugees who successfully have managed to cross the Mediterranean to southern Europe is being handled by a European Emergency Mechanism which announced the numbers on Wednesday.

Motorists dash to install dash cams

crashBritish motorists are increasingly keen to purchase cameras for their cars after hearing that UK car insurers will accept footage as evidence when a claim is made.

The news came from Nextbase, a car parts provider and manufacturer of ‘dash cams’. It said it had contacted 29 major British auto insurance companies and received confirmation from each one that they would accept dash cam evidence in the event of a claim.

TAP boss to downsize the airline 'due to low-cost competition'

tapThe president of TAP says the recent strike has forced him to resize the company.

Fernando Pinto today sent a letter to TAP workers, praising those who worked to minimise the damage of the recent ten day strike but making it clear that he now will start to downsize the company.

Portimão Hospital - 'procedures were ignored' as 7 medical staff contract TB

nursePortugal’s nurses union announced today that five of its members and two operating assistants have contracted tuberculosis from a patient.

The union also accuses the Secretary of State for Health, Leal da Costa, of playing down the situation while health managers failed to follow standard set procedures.

Fizzy drinks sales start to go flat

cocacolaBottled water is on course to overtake sales of carbonated sugary soft drinks for the first time to become the world’s best selling drink this year.

Sales of bottled water have gone up by an average of 6% every year since 2008, according to market researchers Canadean. At the same time, sales of carbonated pop drinks grew, but by only 1.3% a year.

Road toll subsidy payments cost the taxpayer €550 million

4812The cost of Portugal’s Public-Private Partnerships (PPPs) increased by almost 60% in 2014 compared to 2013, reaching €1.544 billion, according to an estimate from the government department that analyses the state budget which warns also that these agreements "constitute a considerable source of financial risk".

In a note on the implementation of these PPPs, the Unidade Técnica de Apoio Orçamental (UTAO) has revealed that the total net charges, including ongoing charges and financial balance replenishment, rose between 2013 and 2014 to 0.9% of gross domestic product.

“Substantial” El Niño predicted

droughtA new El Niño weather cycle has started, according to the Bureau of Meteorology in Australia which says the changed weather of prolonged hotter, drier conditions are expected to dominate the climate there in the second half of the year.

They do not anticipate that a new El Niño will affect only Australia but will his other parts of the tropical Pacific region.

Greeks trust cars above banks

mercedesEconomists have spotted a worrying recent trend in Greece: people there are buying cars.

The purchases have given a signal that the country is in the midst of a run on the banks.