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Keyword: portugal

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  • Out of Ideas, Governments Try a Bank Heist

    03/18/2013 10:33:20 PM PDT · by Kaslin · 31 replies
    Townhall.com ^ | March 19, 2013 | John Ransom
    During the Great Depression criminals like Bonnie and Clyde, Willie Sutton, Pretty Boy Floyd, John Dillinger and Baby Face Nelson robbed banks. They attained some degree of folk hero status by sticking it to banks that some felt were responsible for the Depression era misery.  With liberal ideas firmly in the saddle, civilizing us, so to speak, we have come a long way from those dreary days. No longer would we applaud such criminals. Instead, today, we send them to Congress, or parliament, or the legislature, where governments try to achieve folk hero status by robbing banks and depositors alike....
  • MEPs to vote on EU 'ban on all forms of pornography'

    03/09/2013 5:05:58 AM PST · by KevinDavis · 24 replies
    The Telegraph ^ | 03/08/2013 | Bruno Waterfield
    Controversy has erupted over next Tuesday's European Parliament resolution "on eliminating gender stereotypes in the EU", meant to mark international women's day, after libertarian Swedish MEPs from the Pirate Party spotted the call for a ban in the small print. While not legally binding, the vote could be the first step towards European legislation as the EU's assembly increasingly flexes its political muscle within Europe's institutions.
  • The Inside Story of How the White House Let Diplomacy Fail in Afghanistan

    03/03/2013 8:56:53 PM PST · by Mike Darancette · 18 replies
    Forign Policy ^ | March 3, 2013 | VALI NASR
    "My time in the Obama administration turned out to be a deeply disillusioning experience." It was close to midnight on Jan. 20, 2009, and I was about to go to sleep when my iPhone beeped. There was a new text message. It was from Richard Holbrooke. It said, "Are you up, can you talk?" When I called, he told me that Barack Obama had asked him to serve as envoy for Afghanistan and Pakistan. He would work out of the State Department, and he wanted me to join his team. "No one knows this yet. Don't tell anyone. Well, maybe...
  • Hundreds of thousands march against austerity in Portugal

    03/02/2013 5:55:23 PM PST · by Lancey Howard · 29 replies
    AFP via france24.com ^ | March 2, 2013 | AFP
    AFP - Hundreds of thousands of people took to the streets of Lisbon and other Portuguese cities Saturday to protest against the government's austerity measures aimed at rescuing the debt-hit eurozone nation. The rallies were organised by a non-political movement which claimed 500,000 marched in the country's capital and another 400,000 in the main northern city of Porto. There have been no official estimates of the crowds. But the mood of the crowd was clearly political, calling for new elections with banners declaring "Portugal to the polls!" and "If you fall asleep in a democracy, you wake up in a...
  • The Fake Economist Who Conned A Nation

    02/05/2013 11:33:40 AM PST · by 1rudeboy · 19 replies
    Planet Money (NPR) ^ | January 24, 2013 | unattributed
    [I had to excerpt independent.co.uk, per FR rules. My paraphrase follows below, in italics].A man who claimed to be a former employee of the World Bank, the United Nations, and a professor in the United States has been proven to be a fraud after becoming a media celebrity for criticizing Portugal's austerity measures._____After we read this, we got in touch with Filipe Miranda, a former Planet Money intern who grew up in Portugal, and whose family still lives there. Here's Filipe's take:This guy came out of nowhere and spent about a month and a half hoodwinking the Portuguese elite. He...
  • Joe Biden confuses Poland with Portugal in latest embarrassing gaffe for the vice president

    02/05/2013 10:33:20 AM PST · by Sub-Driver · 25 replies
    Joe Biden confuses Poland with Portugal in latest embarrassing gaffe for the vice president By Nile Gardiner World Last updated: February 4th, 2013 Joe Biden is in Europe this week, meeting with leaders in Berlin, Paris and London. Tomorrow he drops by Downing Street to see David Cameron, and Nick Clegg is also on the agenda. Over the weekend the US vice president attended the Munich Security Conference where he delivered a speech on the Obama administration’s foreign policy, expressing a willingness to sit down in direct negotiations with the Iranian regime over its nuclear programme, an approach that can...
  • EU to set up euro-election “troll patrol” to tackle Euroskeptic surge

    02/03/2013 6:32:15 PM PST · by Olog-hai · 4 replies
    Sunday Telegraph (UK) ^ | 1:33PM GMT 03 Feb 2013 | Bruno Waterfield
    The Daily Telegraph has seen confidential spending proposals and internal documents planning an unprecedented propaganda blitz ahead of and during European elections in June 2014. Key to a new strategy will be “public opinion monitoring tools” to “identify at an early stage whether debates of political nature among followers in social media and blogs have the potential to attract media and citizens’ interest”. Spending on “qualitative media analysis” is to be increased by £1.7 million ($2.7 million), and while most of the money is to be found in existing budgets, an additional £787,000 ($1.24 million) will be need to be...
  • Israel approves new settlement between Jerusalem and Bethlehem

    12/19/2012 6:02:24 PM PST · by MinorityRepublican · 21 replies
    The Guardian ^ | 19 December 2012 | Harriet Sherwood
    Israel's spate of settlement expansion around Jerusalem has increased again with the approval of 2,612 homes in a move likely to further inflame international criticism of Binyamin Netanyahu's government. Givat Hamatos, across the pre-1967 Green Line between southern Jerusalem and Bethlehem, will be the first new discrete settlement created since 1997. Critics say it will become part of a chain of settlements in the area, further impeding access between the two biblical cities. European diplomats in Jerusalem have warned that the construction of Givat Hamatos is a "game-changer" which could destroy the chance of a viable Palestinian state with East...
  • EU: Economist 'time-bomb' cover sparks French ire

    11/16/2012 9:34:18 PM PST · by bruinbirdman · 6 replies
    The Telegraph ^ | 11/16/2012 | Telegraph Staff, and agencies
    French officials angrily rejected a charge by The Economist on Friday that France was the "time-bomb at the heart of Europe", accusing the magazine of sensationalist journalism. The Economist's front cover showed seven loaves of "baguette" bread held together by a French tricolour with a lit fuse protruding from the centre. Its main article raised concerns that President Francois Hollande's economic reforms are not ambitious enough and so could jeopardise the future of the euro currency. "Unless Mr Hollande shows that he is genuinely committed to changing the path his country has been on for the past 30 years, France...
  • Twelve EU countries likely to back Palestine’s UN bid

    11/10/2012 8:34:35 PM PST · by Olog-hai · 7 replies
    EU Observer ^ | 09.11.12 @ 09:27 (November 9) | Andrew Rettman
    Palestine can count on about 12 Yes votes by EU countries when it tries to upgrade its UN status, in a move expected later this month. … A senior EU diplomat told this website the Union remains divided on the question, however. He noted that member states’ votes “will probably follow the same pattern as with UNESCO,” referring to a decision by the UN’s Paris-based cultural wing to admit Palestine as a member last year. At the time, 11 countries—Austria, Belgium, Cyprus, Finland, France, Greece, Ireland, Luxembourg, Malta, Slovenia and Spain—backed Palestine’s UNESCO bid. Another 11—Bulgaria, Denmark, Estonia, Hungary, Italy,...
  • Portugal’s EDP Gets €800 Million Loan From Bank of China

    10/22/2012 10:38:19 PM PDT · by Olog-hai
    Fox Business ^ | October 22, 2012 | (Dow Jones Newswires)
    Portugal's EDP-Energias de Portugal SA (EDP.LB) said Monday that it signed a €800 million ($1.04 billion) loan with Bank of China Ltd. The three-year loan has a margin of 350 basis points over the three-month Libor rate and will be used for general corporate purposes, EDP said in a statement. …
  • Europe’s Richer Regions Want Out

    10/06/2012 1:51:04 PM PDT · by presidio9 · 86 replies
    The New York Times ^ | October 6, 2012 | STEVEN ERLANGER
    CATALONIA may be the catalyst for a renewed wave of separatism in the European Union, with Scotland and Flanders not far behind. The great paradox of the European Union, which is built on the concept of shared sovereignty, is that it lowers the stakes for regions to push for independence. While a post-national European Union may be emerging out of the euro zone crisis, with a drive for more fiscal union and more centralized control over national budgets and banks, the crisis has accelerated calls for independence from member countries’ richer regions, angry at having to finance poorer neighbors. Artur...
  • Archeology: Prehistoric rock art found in caves on Terceira Island -- Azores

    10/06/2012 9:36:23 AM PDT · by SunkenCiv · 11 replies
    Portuguese American Journal ^ | August 27, 2012 | Carolina Matos
    The president of the Portuguese Association of Archeological Research (APIA), Nuno Ribeiro, revealed Monday having found rock art on the island of Terceira, supporting his believe that human occupation of the Azores predates the arrival of the Portuguese by many thousands of years, Lusa reported. "We have found a rock art site with representations we believe can be dated back to the Bronze Age," Ribeiro told Lusa in Ponta Delgada, at a presentation in University of the Azores on the topic of early human occupation of the Azores. The oldest cave art known in Europe is of prehistoric origin, dating...
  • Clegg brands those seeking to reform the EU 'populists, chauvinists and demagogues'

    11/15/2011 11:34:28 AM PST · by wolfman23601 · 6 replies
    UK Daily Mail ^ | 11/15/2011 | Daily Mail Reporter
    Nick Clegg clashed with the Prime Minister today after criticising plans to claw back powers from the EU. The Deputy Prime Minister said that only 'populists, chauvinists and demagogues' could benefit from a treaty negotiation, even though David Cameron yesterday re-affirmed his intention to repatriate powers. Mr Clegg warned that European politicians should focus on 'jobs and growth' rather than attempting to reform EU institutions. Read more: http://www.dailymail.co.uk/news/article-2061798/EU-treaty-change-Nick-Clegg-clashes-David-Cameron-reform.html#ixzz1dnt5E4wa
  • Portugal PM Sets New Austerity Measures

    09/08/2012 5:49:58 PM PDT · by bruinbirdman · 2 replies
    NASDAQ ^ | 9/7/2012
    --PM says measures will help tackle high unemployment --Portugal must cut budget deficit to 4.5% this year, 3% next --Opposition parties criticize more austerity LISBON--Portuguese Prime Minister Pedro Passos Coelho announced late Friday new measures he will impose next year to meet budget-deficit targets and tackle a sharp rise in unemployment. In a televised statement, Mr. Passos Coelho said he will increase the social-security contribution from employees to 18% from 11%, while cutting the same payment companies make to the state to 18% from 23.75%. "We will reduce substantially the costs of labor, providing incentives to investment and job creation,"...
  • New cars in Europe may have to cut carbon emissions by one-third

    07/12/2012 4:53:07 PM PDT · by Olog-hai · 16 replies
    EurActiv ^ | 12 July 2012 | Fiona Harvey for the Guardian, part of the Guardian Environment Network
    New cars and vans in the European Union will produce one-third less carbon dioxide within eight years, under proposed new rules set out on Wednesday (11 July) in Brussels. By 2020, the average emissions from new cars will have to be no more than 95 grams of carbon dioxide per kilometer driven (5.4 oz/mile), a cut of more than 40 grams from today's levels and of 35 grams per kilometer compared with the 2015 target, if the proposed new regulations are accepted. Connie Hedegaard, climate chief of the European commission, said the goals were "ambitious but achievable" and would benefit...
  • Europe: She’s Come Undone.

    06/18/2012 5:35:32 PM PDT · by Lowell1775 · 8 replies
    Open Source Survival ^ | June 17, 2012 | Ronin Gael
    snip.... Old News and Current Events: I have written before that the fundamentals of the Euro and European Union didn’t bode well. They still don’t. Each step of these “rescues”, Iceland in 2008, Ireland in 2009, Portugal in 2011, Italy and Greece in 2011 and 2012….and now Spain ….are all just shocking the dying patient back to life for a few more moments of pain and chaos. The inevitable and permanent straight-line on the EKG is coming. It will be a collapse of the Euro and a financial crisis of a size not seen since WWII or the Great Depression....
  • Garrett McNamara creditted with biggest wave ever at Portugal: 78′

    06/17/2012 11:50:35 AM PDT · by jwsea55 · 21 replies
    NorthShoreHawaii ^ | Jim Caldwell
    Video of Garrett McNamara. from Haleiwa, Oahu has surfed what is considered to be the biggest wave ever. The Hawaiian big wave rider caught the huge monster in Praia do Norte, Nazaré, Portugal, during the ZON North Canyon Project 2011.
  • MEPs agree on proposals towards (EU) 'fiscal union'

    06/13/2012 3:51:39 PM PDT · by Olog-hai · 4 replies
    EU Observer ^ | 2012.06.13 @ 18:09 | Honor Mahony
    The European Parliament on Wednesday (13 June) approved draft laws that would strongly increase Brussels' power over eurozone countries' budgets. But they tempered the previously austere proposals with measures for growth, debt redemption and democratic scrutiny. "This is the core of a fiscal union," said Austrian MEP and socialist leader Hannes Swoboda. "This is the first time that there is a structural solution [to the eurozone crisis] on the table," said Liberal leader Guy Verhofstadt. His Green counterpart Daniel Cohn-Bendit called it a "milestone" for the strength of agreement among MEPs. The pair of laws—also known as the two-pack—is among...
  • Freeman Dyson: Science on the Rampage

    05/09/2012 10:28:59 AM PDT · by neverdem · 37 replies
    New York Review of Books ^ | April 5, 2012 | Freeman Dyson
    Physics on the Fringe: Smoke Rings, Circlons, and Alternative Theories of Everything by Margaret Wertheim Walker, 323 pp., $27.00                                                   Pierpont Morgan Library/Art Resource An engraving by William Blake from The Song of Los, 1795 Physics on the Fringe describes work done by amateurs, people rejected by the academic establishment and rejecting orthodox academic beliefs. They are often self-taught and ignorant of higher mathematics. Mathematics is the language spoken by the professionals. The amateurs offer an...