During 2 hours on May the 14th, people gathered in Trafalgar Square to form a living peace sign. About 200 people took part in the event co-organized by both HUFUD (Human United For Universal Demilitarization) and “Peace Sign London”. Video of the “Living Peace Sign” event in London. Alberto Portugheis speaks about the need to…
April 27 – the OECD published a report analyzing the economic consequences of the United Kingdom exiting the European Union. According to the OECD Policy Paper, the outcome of the referendum to be held on 23 June “would be a major negative shock to the UK economy, with economic fallout in the rest of the…
The International Consortium of Investigative Journalists has denied consecutive requests made by several national authorities to reveal information contained in the “Panama Papers.” One last example was the formal request of the Portuguese tax authority sent to the international consortium of investigative journalists. They asked information about the names of all the Portuguese citizens mentioned…
Portuguese business daily “Diario Economico” has left the newspaper stands. They have ceased printing its newspaper and became a digital-only publication. The paper has long been going through severe financial difficulties. Its director, Gonçalo Faria de Carvalho, announced the “suspension of the paper edition.” The last printed edition is hitting the stands today with a…
Right-wing coalition party (PSD-CDS) won the 2015 legislative elections. Voters seem to choose continuity, by electing the current government who successfully ended the country’s bail-out period. The coalition reelection got a 4.5% advantage over the runners-up Partido Socialista. Only this time, unlike the first mandate, left-wing is now the majority in parliament. Portugal has no…
The Portuguese parliamentary elections will take place next Sunday with the most recent poll pointing to an above 30% abstention rate and the current austerity government reelection. The very last Portuguese parliamentary election poll has the conservative party ahead by up to 5% over the runners-up the left-wing socialist party. Today’s prime minister Passos Coelho…
Negotiations have failed between Novo Banco and its buyers Apollo, Anbang, and Fosun. Rumors seem to indicate Banco de Portugal to re-enter negotiations with Apollo before the final decision to postpone the sale to 2016. The last standing bid offer from the Chinese Fosun company was 1.5 billion Euros ($1.7 billion) that was about half…
This year’s European state of the union was mostly about the migrant crisis. Juncker made it clear Europe will keep accepting and relocating refugees. The European state of the union started in 2009, following the United States state of the union tradition. This year was Juncker’s first state of the Union speech which got monopolized…
Yesterday, Haitong bought Novo Banco investment bank for last December’s agreed value of 379 million Euros ($425 million). Last December’s talk between Novo Banco and the Chinese brokerage Haitong Securities Ltd company closed with a possible future sale of the BES Investment Bank for 379 million Euros ($425 million). The sale has since then been…
Marc Randolph and Reed Hastings co-founded Netflix in 1997 and built the company to today’s 65 million subscribers. They are now one of the most successful on-demand Internet streaming media services in the world. Reed Hastings, in an Interview to the Portuguese daily “Expresso”, said the new support center for the South European region to…
