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Nacional appoint Predrag Jokanovic ; Missa do Parto ; Tuesday storm damage ; 2010 budget

December 16, 2009 By: admin Category: Madeira & General News, Reader Chat & Questions

Many thanks to Josie for today’s photo … "a piccy of one of the chocolate ‘sculptures’ on display at the chocolate exhibition at the Congress Centre this (last) weekend. Many really good creations there as well as free samples and lovely chocolate and cream drinks".

madeira news blog 1209 josie chocolate exhibition funchal

"The Portuguese settled the Atlantic island of Madeira in the 15th century. In Funchal, Madeira’s main city, the houses and commercial buildings are scattered higglety pigglety, many with sideyards of dwarf banana plants. Of Madeira’s history and heritage too little remains as modern hotels are jammed along Funchal’s seafront like hockey players elbowing each other in the corners. Indeed not that long ago the historic building where Hapsburg Empress ‘SiSi’ of Austria stayed regularly was pulled down to make way for a singularly unimpressive hotel". NOT TOO IMPRESSED WITH MADEIRA

"Madeira, particularly Funchal is known for it’s Christmas lights and this year they have excelled. Switched on progressively from late November, at the time of writing this they are all on and blaze a path all the way from the Lido to the old town (where you will find the best of them) and many other streets too". MORE IMPRESSED WITH MADEIRA

This comes under the heading of ‘Silly Signs’ … suggested by Sheila & Derek.

madeira news blog 0912 sheila silly signs hiper saSheila & Derek’s caption. : "As the credit crunch bites deeper, Madeira’s business owners are having to downsize on their premises. One company has announced the opening shortly of its new superstore in São Vicente". Many thanks … any more anyone?

Tobi sent in this video link (many thanks) for the rough sea at Ribeira Brava yesterday, whilst also concerned and asking about the safety of the many ducks on the well swollen river. I can assure you Tobi, the ducks are safe and sound, but unfortunately I only had room for three in the freezer. The video didn’t show the slightly mangled Xmas decorations along the sea front, and looking down over the town last night the massive ‘Xmas tree’ and other decorated trees weren’t quite as glamorous as they were the previous night.

I had a bit of a moan about the Missa do Parto yesterday, because of the mega bangers that go off very early every morning (5 am), and if you would like to know more Don has covered the subject on his blog. Just carrying on with what goes on outside the church  rather than in, the mega-bangers are the wake up call for the population within earshot. After the service is over another set of mega-bangers are released to signify that one can now enter the church annex and get stuck into a traditional breakfast that includes bread and aguardente (rum) and other sticky thing and beverages. The letting of off the fireworks is in fact against the law, but a blind eye is turned by the police it seems in the name of tradition. MISSA DO PARTO

Nacional da Madeira Appoint Predrag Jokanovic As New Head Coach. Portuguese outfit Nacional da Madeira have appointed Serbian coach Predrag Jokanovic as their new head coach until the end of the 2009-’10 season. Jokanovic takes the reins from Manuel Machado, who has been hospitalised since 27 November and will not return to work this season. MORE One of the main headlines from yesterday’s Diário, so it saved me a translation.

Many thanks to Elaine (East) once again for yesterday’s top news stories :

Parking from 5.30. For the occasion of the Missas do Parto, from today until December 23, the Church of Ribeira Brava and the Town Hall are associated with a tradition well attended by parishioners and visitors. The car park next to the Town Hall will be open from 5.30 am to meet the extra demand. The capacity of over 100 spaces should help prevent illegally parked cars causing congestion.

Car inspections more expensive from today. The Government believes that Madeira has to follow the increase in rates in the country. The value of the increase is not thought to be significant; cars cost an extra 31 cents and heavy vehicles 49 cents more. This law came from Portugal and the Regional Government thought it only fair that the same increase was implemented in Madeira. Values (including VAT) will be 27.31 (was 27.00) Euros for a car inspection and 41.05 (was 40.56) Euros for heavy vehicles. The price of the ’2 via’ (?) of the certificate of inspection also increases from 2.31 to 2.34 Euros. Re-inspection tariffs are kept without an increase. About 90,000 vehicles are inspected each year in the three centres – Funchal, Porto Santo and the mobile units in Sao Vicente, Faial and Prazeres – representing an annual revenue of 25,000 Euros for light vehicles, which represent about 90% of the inspections.

Update on Avenida do Mar. Yesterday it was reported that the renovation had been finished. There is an ‘Observatory’ (structure made of decking) next to the Praça da Autonomia, the Blind Man sculpture, the pedestrian area near to ETAR (sewerage plant) and Teleferico repaved with a square that can be used for temporary exhibitions. The Blind Man sculpture was inspired by the traditional game ‘Blind Man’s Buff’ and the lives of women of the Old Town coping with the men going to sea. The other two associated projects are the recovery of footpaths in the Garden of  Almirante Reis and renovation of the walls of ETAR. The work has been finished although there is still a court case as a company from the mainland has challenged the awarding of the work.

Hospital car park is bad for your health. The hospital car park is the most expensive in the region, and there is no alternative. A complaint by a visitor that he had to pay 5.30 Euros for just over three hours, while taking his pregnant wife to outpatients. The administration board of the hospital have asked the company running the car park to reduce tariffs but without success. The current tariff is 1.40 Euros per hour and a day costs about 20 Euros. It is usually essential for staff and visitors to the hospital and out-patients to use the car park.

Islamists condemn xenophobic attitudes. The Islamic community in Madeira now have a new mosque. It is located in Bairro de Santo Amaro, a space donated by the Government. The President of the Islamic Community in Lisbon at the inauguration ceremony stressed that, "The mosque was only possible thanks to the great openness of spirit and heart of Dr. Alberto João Jardim, who believes that the tradition of multiethnic, multifaith, multicultural and cultural life is one of the key factors in the harmonious and fraternal Madeiran society. Unlike Switzerland where they want to ban minarets, and other manifestations of xenophobia, in Portugal and particularly in Madeira there is a climate of dialogue and respect that contributes to social peace." Surrounded by a large number of police, given the presence of the Ambassadors of Iran and Saudi Arabia as well as representatives from other embassies and the Islamic community at the opening ceremony. The Bishop of Funchal and other regional church representatives also attended. Jardim said, "The big problem today is those that enter the radical materialism." As normal practice in mosques, everyone had to remove their shoes and women restricted to the back of the room. Uncle Bertie gave that impression! … he doesn’t say that about Indians, Chinese, and immigrants who come here to work! Der

Gale rips off Christmas lights. Ribeira Brava battered by bad weather. Ribeira Brava was battered today for a few brief minutes of intense winds and rain that ripped off Christmas lights, terraces and roofs. According to the Chief Fireman, "Everything happened too quickly, with record rains and strong wind." "The Christmas lights that were attached to poles on the sea front were ripped off from the balcony from where they were hooked." The river is in full spate. At Atouguia in Calheta, the river overflowed and flooded some houses (photo). Trees fell onto a road at Terreiro da Luta (photo) and the Estrada Monumental in Funchal, and rockfalls closed roads in Arco da Calheta and Calheta. At the Lido bathing complex, the waves ‘swept’ the pool and the surrounding sundeck. Six flights were cancelled at the airport during the morning and four planes diverted to Porto Santo. The cruise ship Oriana was to berth off-shore due to lack of space. Due to the high seas causing problems in ferrying passengers to the shore, the captain decided to return to England early mid-morning. Thus, the region lost revenue from 1,700 passengers. The wind will continue over Wednesday and on Thursday, the forecast is for the return of heavy rain and the possibility of thunderstorms. The Azores have been affected by bad weather with nearly 100 people displaced in Terceira, also floods and landslides. (Video on DIÁRIO website)

Garces presents budget for crisis year. The Regional Secretary of Planning and Finance presented the budget for 2010 (1.5 thousand million Euros) which concentrates on reducing the current expenditure and investing in social areas. Education, employment and habitation are the areas highlighted underlining that this is a budget for a year in crisis. Concerns about unemployment are also a priority for the Regional Government and investment in innovation and quality, employment, business development, and energy and administrative modernization. There is an increase in the debt of 180 million Euros and transfers from the State of over 200 million. Alberto João Jardim left the room shortly after the speech by Garces, not staying for the debate. Yesterday, the Legislative Assembly of Madeira approved the 2009 budget. The PSD, CDS-PP and the MPT voted for it, the PS, BE and PCP abstained and the PND voted against the budget. Using the 79 million Euros loan approved in this budget, the Regional Government intends to pay suppliers by the end of this year. Garces has asked the Ministry of Finance for a new loan of 34 million Euros for projects co-financed by the EU. The request had been previously denied on the grounds that Madeira already has excess debt but he argues that the State debt’s is 81% GDP whereas Madeira’s debt is only 18% GDP.

74 complaints of noise this year. Generally, the complaints of excessive noise are against nightclubs (often exceeding the legal hours), industrial activities and neighbour’s dogs. Funchal Council received the most complaints, 30 against establishments and 15 against neighbours, mainly about dogs barking. Santa Cruz Council received 13 complaints and are producing a Charter of Noise and a Noise Map, which outlines the areas where you can make a certain amount of noise (industrial areas and nightlife).

1,270 drivers caught talking on the phone. The PSP this year has caught 1,270 drivers using a mobile phone while driving, 521 cases of failing to wear a seat belt and 120 for lack of child restraint (seats compulsory for under 12 years of age).

Complaints about wage arrears increase in the construction industry. The wage arrears in the construction industry continue to grow, almost 200 complaints by their Union, an increase of 25 – 30% compared to 2008, almost half for wage arrears. Complaints are also about unlawful dismissal, often firms becoming insolvent. The Union suspect that it will be much worse next year despite the Government obtaining a 79 million Euros loan. This is because there will be no improvement in Regional finances and public works employ a lot of workers, and unemployment will probably increase. Data for 2009 will not be available until early 2010. At present, there are 325 officially unemployed related to the construction sector. The real number will be higher as some will not be eligible for unemployment benefit and some will have left the region. The official unemployment total is 13,000 but the Union representative reckons there are 15,000 – 16,000 unemployed. This can lead to divorce, domestic violence and broken families. 

Government provides services and adversely affects businesses. The UEFA delegation staying in Madeira has led to complaints from regional businessmen. The Government decided to offer transport to UEFA, via the Regional Tourism Authority, and this has reduced services that could have been provided by local businessmen. UEFA decided to choose the most expensive hotel in Funchal (Reid’s – over 300 Euros a night), when they could have saved money, has also angered entrepreneurs. The regional authorities have not been such a courteous host to UEFA as the occasion should have merited. Only the airline and hotel industries have benefited from this visit which could have generated more revenue for local businesses and the economy.

Celebrating Madeiran traditions. Xarabanda at Baltazar Dias on Saturday, December 19 at 21.00. Concert entitled, ‘Cantigas ao Menino Jesus’. The repertoire consists of themes of the musical tradition of a Madeiran Christmas.

 

 

Today’s news headlines from the front page of the Diário de Notícias :

Gale causes damage -  Floods, landslides and rough seas are other symptoms of the bad weather, that is coming back tomorrow. There are several articles on the bad weather, with some info already provided by Elaine above, so just a few highlights. Gales rip out Christmas lights – Ribeira Brava battered by bad weather. The town of Ribeira Brava was battered on Tuesday, during several minutes of intense winds and rain that ripped out Christmas lights, terraces and roofs (tiles?), according to a fireman. The Chief Fireman of Ribeira Brava, Agostinho Silva, said that "everything happened so quickly, with intense rain and strong winds". The Christmas lights that were attached to poles at the sea front of the town were uprooted and ended broken and mangled, and the steel barriers they were attached to were bent over.  Another report says that a small tornado shook the town, with chairs and tables flying around. The bad weather made itself felt all over the island. In Funchal there is no record of significant damage, besides a small downfall in the area of Terreiro da Luta, and a tree felled in Estrada Monumental. In Calheta there was a rockfall that forced the closure of the regional road between the town and Arco da Calheta, and in Sítio do Atouguia, a river overflowed and flooded some homes. There are also reports of crops damaged, with Banana plants particularly affected.

Intervention by the BIR (Rapid response unit) motivates complaint in MP. A member of  the BIR is facing a complaint from the father of a 17 year old who says that his son was slapped last weekend. The complaint will be handled by the public prosecutor, and is awaiting the issue of a medical report before proceeding. The officer allegedly slapped the lad after he was considering driving home after a night out, possibly after a drinking session with friends, and had got mouthy when he was challenged about his intentions.

Today’s main news headline : ViaMadeira takes €700 million – The government was forced to go to the bank to resolve the financing arrangements for the new concessions for the roads. A case to liven up the Budget debate. President Jardim had to go to the banks in Lisbon, to secure the millions needed to finance the concessions that construct and maintain the roads of Madeira. The operation managed by ViaMadeira (AFA, Zagope, Tecnovia, Somague and Tâmega) could need an amount of up to €700 million, but it was struggling to obtain further funding from the banks, and attempts by the Regional Secretaries of Finance and Infrastructure had to be propped up with the personal intervention of Jardim. Our president met with officials from BES, BCP, and CGD banks in Lisbon, and managed to secure the funding needed, avoiding another direct debt for Madeira.

Councils cutting off Banif Bank following the ‘raspa’.

Emanuel Silva wins prize for ‘Justice and Communication’ – The Diário journalist will receive the national distinction today. Well done, but the headline tells me all I need to know.

Problems in mid-field complicate the ‘last waltz’ – ‘Joka’ returns to Nacional in order to beat Austria. Predrag Jokanovic is taking command of the team for the rest of the season as already mentioned, with the immediate focus on the final Europa League match tonight against FK Austria Vienna. Live at 8.00  pm on SportTV1.

If anyone else can oblige with the translation of any of the ‘blank’ or sparsely filled headlines, or other news stories, here is the link Thank you in anticipation.

Finally (from me that is), Don very kindly sent in a video filmed in Lugar de Baixo Marina yesterday afternoon. Thanks Don :

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If you can, please contribute something Madeira related. A funny story or good or bad experience, a news item, or a story from a Madeira newspaper, a photo or video, a teaser, news of a bargain flight or item in a supermarket. Please help keep this blog going … without user contributions it won’t survive. Please don’t send in automatic translations (like Google translator) without checking them through and correcting them first, thanks.

You can email blog@madeira4u.com with any large contributions and photos / videos.

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Please use the comments here for general chit-chat, or feel free to ask any questions … someone usually has an answer.

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Giveaway In Santana ; Customs Strike ; Caniço To Have New Park ; Political Policing

September 24, 2009 By: admin Category: Economy & Financial News, Madeira & General News

This picture was taken at Lugar de Baixo marina yesterday evening. Despite earlier reports that the reopening was still a while away, it will in fact be open to the public again this afternoon.

 

 

 

 

 

(24th September). Today’s main news headline : ‘Câmara Of Santana Promotes [Staff] Continually -  On the eve of abandoning the presidency, Carlos Pereira gives spectacular improvements to workers’. After 20 years in Santana, the president of the council is on his way out, out of favour with the PSD-M leader and president of Madeira, Alberto João Jardim. One of the favours has now put a subordinate on a higher salary than Pereira himself. He has promoted 3 staff seemingly just to give them a higher salary. It’s legal, but raises some policy questions. In January, Carlos Pereira signed an order to allocate €79 thousand of the council budget of 2009, for "the purposes" of Contracts, Careers and Remuneration. Of this €53,500 was for movements within pay scales of 55 council employees, and €10,000 was for performance bonuses. Normally movements in pay scales work on a points system, but a council president has the power to override this. Legal or not, the deals are to be seen as an appreciation of the president at the end of his mandate, and a ‘hot potato’ left for his successor. 

‘Customs Strike Opens ‘Green Route’ In The Airport – Funchal Customs yesterday registered 100% participation in the strike. And there remain two days without control’. The three day strike started yesterday, leaving airport checks non existent in terms of customs activity. Two officers were on duty, in order to meet minimum service levels, but aside from that the strike achieved 100% participation. Airport baggage was going through unchecked, even that from ‘risk countries’. In the main offices in Funchal, just the boss, his assistant, two cleaners, and a telephonist were present.  

The main front page photo today shows a group of cops on the move : ‘Police From Here Complain To Lisbon – President of the ASPP in Lisbon say that they are already receiving denunciations from the police of Madeira about alleged attempts to pressure by regional political powers’. The police complain to their trade union in Lisbon, but there is no documentation to prove the allegations that political power is being used to apply pressure. Paulo Rodrigues, president of the TU, says Madeira is not the only case, as other police forces in Portugal suffer similar pressure and political interference in attempts to control the police. He stresses that security is not a regionalized responsibility, and that it is therefore an area controlled by the Ministry of Internal Affairs (MAI), without any intervention permitted from the Regional Government. He cites as a very recent example, the order of president Jardim to the police, to stop the opposition PND political party entering Curral das Freiras, because he was attending an event there. "It is for the police not to fall into the trap of giving in to pressure", and if they are victims of exploitation, the union recommends that they make a complaint. The National Election Commission (CNE), commenting on the same case said "only for strict safety reasons that were concerned with public protection, could a political party be prevented from campaigning in a public place". A "landslide" could justify the conduct of the PSP in this situation, which, according to the PND, the party was prevented from campaigning in the Nun’s Valley. "I do not think that [landslide] has been the case, since there was no report of the evacuation of the Nun’s Valley", he added. He said he had not yet received a formal complaint regarding this incident, but had so far received 17 complaints relating to the national elections to be held here on Sunday. He expects that number to triple on Sunday. As regards the local elections on 11th October, he said 114 complaints had been received, with the PS socialists heading the count as complainers.

‘School Bus Pass Scalds In The Country And In The University’. This has been already covered recently on this blog, and is about the disparity in costs of bus passes for students, which seem to depend on several factors: social standing (financially), distance travelled, and the need for crossing between different bus zones.

In football : ‘Shalke 04 Waves €5 Million At Rúben Micael – The exit of the Nacional player in December seems inevitable’. The German club has already made an offer for the star Madeiran, and he could be on his way in January. Bit of a tenuous link here though, as Shalke are being financed through sponsorship by Gazprom, the biggest company in Russia and biggest gas supplier in the world, who are also the major shareholder in Zenith St. Petersburg, the club that Nacional knocked out of the qualifying game for the Europa League. The boss at Shalke has already raided Nacional once. Micael has already had a whacking pay rise at Nacional to keep him happy, after a Spanish club offered him 14 times his salary at that time. Even so, a move in the new transfer window is inevitable, with a number of clubs interested. Perhaps this is a move in revenge for the Europa League result, at a price which is pocket money for Gazprom, and without Micael, Nacional’s chances in Europe look even limper than they already are.

Madeira University has 47 student vacancies, 36 which were caused by students who were accepted for places but who didn’t register.

‘Caniço Is Going To Have A Garden And Sports Facility’. The problem of the lack of green areas and leisure in Caniço will soon be alleviated. The council of Santa Cruz has already secured the necessary investment to enable the construction of a city park, in the heart of the area. A considerable work, considered a priority by the current council president, and a ‘flagship’ in the campaign of the PSD social democrats in the area. The park will incorporate various courts for ball games, a multipurpose court, a children’s park, parking for 200 vehicles, a small cycle path, a mini golf ‘space’, and a green area. The money for the work, €1.5 to €2 million, will be ‘publically’ released next week, but the exact location of the park is still a closely guarded secret. The population of the area has escalated from 12 thousand to around 28 thousand, in just 8 years, and as one Diário reader, Dimitrios, says in the comments : "After having transformed Caniço into one of the most horrible places in Portugal in terms of disorganised construction, only now they remembered to make a garden". I don’t think they even ‘remembered’ Dimitrios’, as it can be no coincidence that the câmara and local elections are just over two weeks away. Still if the money has already been secured, maybe that will not now be the election winner that the PSD in Santa Cruz are hoping, and any party can now jump on the same ‘city park’ bandwagon.

Gripe A swine flu has taken the first life in Portugal. The 41 year old man was actually an emigrant in France, on holiday in Portugal, but he died yesterday in a Porto hospital.

‘Service For Workplace Conflicts Already Received 12 Cases – The new body is a faster alternative for both trade unions and employers’. The Regional Service for Voluntary Resolution of Workplace Conflicts, was officially inaugurated yesterday, but even up until then had received 12 applications, 8 of which have been dealt with. The objective of the body is to resolve workplace problems without legal recourse. The service, which seems to be based on arbitration and compromise, can also refer cases to the courts if they remain unresolved, and can issue certificates of exemption for the court costs.

Some leftovers from yesterday, which was a huge newspaper :

(23rd September). The last of yesterday’s headlines : ‘Induction For The Rookies Starts Parties And Gatherings’. The ‘newcomers’ are already in the initiation routines, and between games and war cries the new students integrate themselves in the usual manner’. "The initiation has been quite good fun, and is not bad as many people think, we have our rights and duties", says one new students about the initiation of new students in the University of Madeira. The initiation period lasts a month, and aside from the fun element, is supposed to welcome the newcomers and make them feel comfortable in UMa with their new colleagues. on 14th October there is then a ‘baptism’ ceremony.

‘Government Order To Regulate Determination Of Career Progression – Teacher’s Union accuses the Madeira government of frustrating the expectations of teachers’. President Jardim had promised changes in the rules for teacher career progression, following the national changes that based progression on teacher evaluations (where Jardim bypassed the national scheme, by automatically giving all of Madeira’s teachers a blanket rating of ‘good’). Jardim criticised the national scheme, and said Madeira would be different, promising career progression. In effect what Jardim did froze the salaries of the teachers, leaving them untouched now since 2005. 

‘Foreign Doctors To Fill Gaps – The health service is considering hiring a Polish anaesthetist’. While there is still a shortage of doctors in some specialties, the Regional Health Service SESARAM may resort to foreign professionals. Miguel Ferreira, clinical director of SESARAM, has already announced the appointment of a doctor from Venezuela. The possibility of using more foreign professionals to fill gaps is a situation to consider in individual cases. "We can not hire 15 or 20 foreign doctors because we have to think of those internally who are currently doing the specialty", he added. Odd to hear that Madeira is actively seeking foreigners, well nearly. Must mean that all the political cronies already have their offspring employed in the top jobs, or is it that the hospital chief thinks that a spotty orange-tinted brain surgeon is just a step too far.

‘Image of Our Lady of Fátima in Madeira’. On the 12th October the Diocese of Funchal will receive the Pilgrim Statue of Our Lady of Fátima, where it will stay until the 18th, before going around to some of the other major towns, on a tour that will run through until May. Fátima is the home of the shrine called the Basilica, built to commemorate the events of 1917 when three peasant children claimed to have seen the "Virgin of the Rosary", Our Lady of Fátima. It was and still is a very important religious event in Portugal. Unfortunately the original photograph of the statue that I saw has now disappeared, but I managed to find another one to satisfy ones curiosity.

 

 

‘Number Of Cases Of AIDS Grows On Madeira’. The president of the association ‘Abraço’ announced the fact without giving any definite numbers. The charitable organization that supports AIDS / SIDA sufferers is trying to raise €500,000 to open a new support facility through a national campaign to collect and sell waste copper. The building has been made available in Rua da Carreira by the regional government, but a lack of funds has prevented the reconstruction and adaptation for 3 years now. Electrical cables and wires, telephone chargers, and computer parts containing copper can be donated through Dolce Vita shopping malls and Post Offices.

UPDATES :

‘Magalhães Not Finished’. The project to provide mini laptop computers to school children throughout Portugal is to continue. The announcement by the Minister for Education said the decision has been made, regardless of the election results on Sunday. Over 400,000 children already have the computers, which as well as serving as a teaching / learning aid, gives wireless internet access, and also allows the possibility of remote teaching in case a school is temporarily closed, or a child cannot get to school.

‘Construction restricted by falling demand – The engineering works are the only ones to record a positive change’. A spokesman for the national Federation of Construction said that housing construction in Portugal had fallen 25.3% in comparative quarters in a year. Unemployment from the construction industry was up 77.3% between July 2008 and July 2009.

A Cooperative in Portugal will next week launch internet shopping. Customers will be able to order their groceries on-line and have them delivered to their homes, with a minimum order value of €25 . The website is here, but it is not functioning yet : www.coopbeja.com I will be looking again on Tuesday, to see if they deliver to Madeira, but somehow I think not. Anyway, it’s a good sign (perhaps) of things to come.

‘Portuguese Economy Should Contract 4% – The estimates of Standard & Poor are not very cheering for the national economy’. The ‘rating’ agency also said the economy would contract 1.2% in 2010, owing to the continuing effects of the financial crisis and weaknesses at home. The report stresses that external competiveness is particularly weak, that levels of investment are stagnant, and that the private sector is highly geared. Well I need a new TV, so that might help a bit, and the freezer broke last down month too, but that will have to wait until I can pluck up the courage to look inside. Anyway, I wouldn’t take much notice of anything produced by a company called ‘Standard & Poor’, as if it was any good at what it was doing it wouldn’t be ‘standard’ or even worse ‘poor’, now would it? I am think of starting a new venture next week, along the same lines, writing reports about country’s economies and finances, the name I have in mind is ‘Jolly Decent Yet Far From Rich’, and I reckon I can have S & P out of business in a month. Anyway, I just rolled the dice, and I predict the Portuguese economy will grow 18% next year (6 + 6 = 12, then a free roll for a double, 1 + 3). If you need a forecast for your favourite economy, drop me a line and you can have a special blog readers discount. I can only do positive forecasts mind, as I don’t have any dice with negative spots, so Americans, Brits and Spaniards, you are unfortunately beyond help.

No politics today, as I just can’t take any more!!!!!


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