The Algarve Tourism Board has never been accused of missing out on a good party.
The opening of direct air connections to Faro from Madrid by Air Nostrum, and Barcelona by Vueling, is all the impetus needed for a full PR blast at the Portuguese embassy in Madrid.
Miguel Pais do Amaral has given up on buying TAP, according to today’s Diário Económico, as he is concerned about the impact of the pilots strike which ended last night.
Just four days before final bids must be submitted, the businessman already has told his team of consultants and advisors to stand down.
Silver was the most important trading commodity in the 16th century, making an inestimable contribution to the power and wealth of Portugal, Spain and the Netherlands. At the time, mines in Peru, Bolivia and Mexico produced three-quarters of world production.
Over time, it was reduced to being the poor man’s precious metal as gold eclipsed silver in value.
Speculation and well leaked information refers to the Algarve’s favourite Arab, Mohamed Bin Issa Al Jaber, as ‘preparing to buy’ the resort of Vale de Lobo in the Algarve’s so-called Golden Triangle.
The Saudi Arabian businessman of course is richer than most deities, Forbes has him down for around seven billion USD, and he owns a raft of assets in the Algarve including the Dona Filipa Hotel in Vale do Lobo, the famous Penina Hotel in Portimão and the San Lorenzo and Pinheiros Altos golf courses.
The deputy prime minister, Paulo Portas, long has championed Portugal’s exporters and seems to have backed a winner as the latest export figures are indeed pointing in the right direction.
Portas commented today on data released by the National Statistics Institute which showed a first quarter 4% increase in exports which, combined with a fall of 1.4% in imports, has brought cheer to his otherwise troubled dossier.
After his re-election, PM David Cameron is in a stronger position to negotiate the UK’s ties with the EU.
The opinion expressed was that of Portugal’s Jose Manuel Barroso, formerly the president of the European Commission for ten years preceeding the appointment of Jean-Claude Juncker.
Google has been gobbling up the most significant share of advertising spending in the world.
Its income from media spending is more than twice its closest rival.
The President of the PSD, Prime Minster Pedro Passos Coelho, was in Faro this weekend and stated that his government did not fail the country in the field of social care and even in times of great difficulty it managed to provide support to the poorest sectors of the population.
Speaking at the Municipal Theatre in Faro, the prime minister said that he is looking to the future with conviction and confidence and that the Government will deliver by the end of his term, a country "with the horizon of the future" and can look with pride at the work achieved.
