Madeira News Blog

Today’s Photo : Thanks to Jon … Another ancient picture postcard from his collection

Thanks once again to Elaine for keeping the blog going with yesterday’s main news stories :

40% couples live together before getting married. There are more couples experiencing life together before getting married. According to the 2008 Demographic Statistics, 40% of couples who married in 2008 in the region had already lived together. In 2003, the percentage was 19% and this has increased each year to 31.9% in 2007 and 40% in 2008. In Portugal, the trend is from 20.6% in 2003 to 35.4% last year. There has been a decrease in the number of marriages both nationally and regionally and the upward trend of cohabiting couples is a reflection of social instability, according to a Sociologist. The number of divorces is increasing, 27% more in 2007 than 2006. Second marriages are also increasing, up from 15.9% in 2003 to 24.1% last year. The tendency to marry more than once is also up, from 16.3% to 23.4% and more couples, 27.6%, have children from previous marriages. The mean age of first marriage has increased to 28.1 years for women and 29.6 years for men.

Armistice Day ceremony on Saturday. A morning Mass at 9 am in Carmo Church followed by a military ceremony at 10.00 at the Monument To The Dead From All The Wars in the Avenida do Mar. There will be a tribute to soldiers who died in World War I, the War in Africa and also Afghanistan.

Santana Council promote vacation holidays in the area. The Council want both travel agents and the locals to identify the most attractive features of the county for visitors, in the areas of culture, sport, landscape and recreation. They want to be able to offer stays lasting 1, 3 or 7 days during which visitors can travel the county from end to end, spending nights in tourist facilities and dining in the local restaurants. The Mayor wants public-private partnerships. He highlights the following features. Arco de São Jorge has a roseiral (rose garden) and local museum. São Jorge has a bathing zone, church, traditional houses and ethnology museum. Archada do Marques is an excellent area for walking. Attractions in the area are Madeira Theme Park, traditional A frame thatched houses, Pico das Pedras leisure area leading to the Caldeirão Verde (Green Cauldron), Rocha do Navio cable car and Pico Ruivo. The promenade area at Faial is being redeveloped and at São Roque do Faial there are levada walks to Portela, Balcas and Ribeiro Frio. Animation will be better marketed, for example the Festival 24 Hours of Dancing.

SESARAM denies any discontent among Health Professionals. The Health Service counteracts yesterday’s allegations in the Diário. They say there have only been 95 complaints from a total of 547 doctors, there is no career vacuum and recruitment occurs nationally. There will be no changes at the Health Centres as regards doctor’s  lists.

Luxury yacht in port today for refuelling. As well as 3,700 tourists in port from two cruise ships, the MSC Fantasia and the Grand Mistral, the mega-yacht Odessa expected at 13.00. After refuelling, the boat departs around 17.00 for Antigua. The last time this yacht called was on the 25th April on a repositioning cruise from the Caribbean to Europe. The five luxurious cabins can accommodate ten guests.

Marítimo owes 5 million euros to construction firm. Construction of Marítimo Sports Club Complex might end up in court over 5 million euros. During the construction, Marítimo decided to make alterations to the project, which the construction company carried out. These alterations were due to Government amendments and they said they would support the work. This work cost an additional 5 million which is 150% more than the Government promised. The Government now says it will pay €2 million leaving the club to find the other €3 million.The construction firm is threatening court action and the €5 million has accumulated €1 million in interest, also still to be paid. There are complex legal issues about the legality of the amendment to the original contract, and whether the work is unauthorized, and who is responsible for paying. The construction firm originally invested €8 million for the main building.

Airport paid for by RAM. The Regional Government cannot change the airport charges, as did the Azores, because it is paying in full for the construction work. The Government is paying back the loan from the European Investment Bank. "The Portuguese Republic has not put a penny into Madeira airport," stressed The President of the Regional Government. The Regional Government cannot decrease the airport taxes as there is not enough money in the budget.

MEP worried about European funding after 2013. The European Commission is working on guidelines for distribution of cohesion funds which will adversely affect 2/3 of European regions, including Madeira losing funding. Access to funds will be dependent on when the country joined the EU, (old or new countries), and on their competitive advantages. The Commission also want to centralize the management of funds at either a national level or at Brussels, rather than regionally.

Suspicious fire threatens a family. In Piornais, a fire caused by a gas cylinder broke out in a structure built over a house. The man living in this annexe has previously threatened arson and is thought to have started the fire, endangering other members of his family below. The police are investigating the case and had already visited the family that afternoon.

Fire in offices at the top of a building in Funchal. The building was in the street in between the Rua dos Aranhas and Avenida da Arriaga. A large response of firefighters was required due to the built-up area. The cause is unknown, possibly an electrical short-circuit.

Santa Claus is coming to town. Arrives at Forum Madeira on Saturday 14 November at 12.00. There is also a collection area for used and new books and toys, to be distributed to various charities.

There will be money to pay the Regional debt. Reassurances from President Jardim about public properties used as guarantees for debt. He said the process was legal, a normal operation for all sovereign states and is properly supervised by the Court of Auditors. "There is no drama." "The critical stage will be 2009 / 2011, because they will be taken to finalize and pay for large investments in Madeira, which will be practically completed by the end of 2011. From next term, the Region has no major capital expenditures to make and there will be more money available to pay off the debt." "From 2011, public spending will be lower."

Porto Bay hotel chain wins 12 awards. This hotel chain previously won awards from tourists travelling with the TUI group. Three new hotels have won awards from the German operator Thomas Cook / Neckermann; Suite Hotel Eden Mar, The Residence and Porto Bay Falesia. In London at the World Travel Market, the group earned nine gold awards from the tour operators Thomson and First Choice.

Madeira is prepared for predictable epidemic of influenza A. The Regional Secretary for Social Affairs said that Madeira is ready for the foreseeable epidemic and stressed the importance of preventative measures to minimize the effects of the rapid increase in the number of cases, particularly among children. There have been cases of infection in three schools, for the first time in the region, and contingency plans have been activated. The Director General of Health in Portugal has called for the Health Professionals who have refused to be vaccinated to protect themselves, as the epidemic activity will intensify and the risk after the vaccine is virtually nil.

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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. 

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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TODAY’S PHOTO : Thanks to Martin … "Picture of a typical Madeiran street scene, very tasty!". I don’t judge or select photos, just about everything (within reason) gets published, and I thought twice about this one, but it grew on me in the end.

"The summer time bite has gone, but what a great season it was for Madeira. There were at least 10 fish pushing GRANDER status caught by the boats this season. This is VERY much a no kill fishery and they take great pride in that". ONE FOR THE FISHERMEN

Man killed in Bairro da Nogueira – Police investigate a homicide that occurred Wednesday night. A man of 33 years died after suffering a violent blow to the head, and the reason may be "excessive self-defence". The police are investigating a crime of murder that occurred late on Wednesday, after 10 pm, in the neighbourhood of Nogueira, in Camacha. Two men, aged 33 and 29 years, one armed with a knife, engaged in mutual aggression that occurred in Rua do Vimioso, at the housing estate, but the tragic outcome actually happened in the house of the alleged murderer. The victim who suffered the blow to the head, was struck by an object like a bat or baton, and succumbed to his injuries.

The Diário today has on the front page a health feature, warning that we on Madeira have bad eating habits :

Too much fat through cakes, meat and chocolate – Too much sugar through drinks and sweets in general – Too much salt added to meals, and in processed food purchased – Not eating breakfast – Excess of alcoholic drinks – Excessive meals (with a picture showing a very full English breakfast). The good news is that page 4 of the Diário give suggestions for healthier eating, especially timed for world healthy eating day, but I suspect that the real information is only in the printed edition, and not online, I will check tonight. I don’t know what is the matter with these ‘health experts’. They say you should always eat breakfast, and then say that an English breakfast is not healthy. They say you should drink alcohol in moderation, and then tell you that a weeks alcohol allocation in one night is not right. It’s all so confusing, and fried muesli on a Saturday morning just doesn’t do the trick.

Many thanks to Elaine for the rest of yesterday’s news :

Mistake acknowledged by the Diário in yesterday’s lottery story. Only half of the winning stakes were sold in the shop cited. The owner said the remaining portions were distributed to the ‘Loja do Cafe’ in Machico.

Teachers still waiting. Recently, there have been repeated complaints that teachers have not had their evaluations, necessary for career progression. Unlike the Azores and the Mainland, the teachers in Madeira have not been able to have their grades and salaries changed since 2005, resulting in some loosing an increase of 200 Euros per month, which is usually linked to length of service. The two teacher’s unions met with the Regional Secretary of Education who promised the evaluations would begin again and money backdated, but no date was given for the Government to meet to agree on a new evaluation model.

90% of the firemen in Santana enrolled in the Union. More discontent. There are anonymous complaints (for fear of retaliation) to the newspaper that there are not enough firefighters and the training is  insufficient. The Commander in Santana is unhappy that the staff have chosen to publically complain and refutes their allegations, saying "he never neglected the safety of the population."  The union have met the management but still worry about the mountainous terrain, number of population and tourists served, especially Pico Ruivo visitors, increased traffic due to new access roads and that there are insufficient men to cover.

Pedro receives a wheelchair. After two years of being confined to his parent’s house, 22-year old Pedro, who has profound cerebral palsy, received a specially-adapted wheelchair. 4,600 Euros was raised for the wheelchair through activities of the Jardim Escola Joao de Deus in Nazaré, where the wheelchair was presented at a ceremony on Wednesday. The Special Education and Rehabilitation Services care for 184 children and adults with physical disabilities, 18 of whom are institutionalized.

Dirty, smelly but happy.  Description of the mood yesterday afternoon of 350 new University of Madeira students who are having a week of ‘freshmen’ activities. The traditional parade was between the campuses and the port, for the baptism in the bay. This was helpful to wash off the ‘desserts’ (eggs, flour, ketchup, any smelly food) thrown at them by veterans. It was voluntary and attended by the majority of new students who found it enjoyable. According to the Diário de Cidade, there was no shortage of alcohol.

TUI hold the Holly awards ceremony in Funchal this year. Instead of Germany, the tour operator has decided to relocate the ceremony to the countries of the winners. It is on October 21st. at the Museum Quinta das Cruzes, as both the museum and gardens are important tourist areas. As well as the Pestana chain and Porto Bay receiving awards, the Albergaria Dias has been ranked the top position by the German customers of TUI.

Madeira on the route of scientific-themed cruises. The expeditionary ship, the ‘National Geographic Explorer’ with 80, mainly American, tourists docked on Thursday and leaves on Friday at 16.00. It is the first time this type of ship has arrived so  it will be greeted with a reception aboard for the passengers and the Ships Enthusiast’s Club members. There is a team of scientists on board to advise the tourists and it arrived from Lisbon and will go to the Canary Islands, Cape Verde and then Brazil. It has had permission to anchor by the Deserta Grande island so passengers can disembark to visit the nature reserve.

Catches of the black scabbard fish plummet again. In the first seven months of this year, there were 505 tonnes less than normal auctioned. February to April were the worst months and in the first six months, the fishermen’s income dropped by 23% or 896,000 Euros. In July, the catch dropped by 16%, a loss of 58,000 Euros. The reduction in catch is both due to reduced stocks and size of fish. They are now having to go further out to sea, between 600 and 800 miles from Madeira, thus increasing their fuel bill.

In contrast, the tuna fish catch has increased by 341 tonnes to 1841 tonnes.  The best months have been May and June.

Madeira asks for special treatment of the outermost territories. At the Conference of the Presidents of the Outermost Territories, in the Canary Islands, the Vice President of the Madeiran Government stated that when Brussels evaluated these regions for aid, they under-evaluated the compensation the EU should allow in the Common Agricultural Policy after 2013, especially with ongoing international negotiations on the banana. The regions also have had unequal treatment in transport policy and the chairman of the meeting insists that the EC President, Jose Barroso, asks for specific support for the regions which is needed to counteract the effect of the economic crisis.

Open Day at the Centre for Floriculture on Saturday. Lugar de Baixo in Ponta do Sol. To raise awareness of subtropical plant cultivation.

Madeira Wine Tasting at the Portuguese Embassies in Paris and London. Five Madeira Wine companies took part, aimed at promoting the wines to journalists, retailers, distributors and chefs. The English market in 2008 was the second largest for export, consuming 242,919.50 litres and a turnover of 1,447,092.98 Euros. I wonder where the half litre went … was that you Martin? Der

PSP Police give safety advice to elderly in Santa Cruz. Organised by the Casa do Povo de Santa Cruz. Thought necessary as an increased number of older people, more living alone and scams. They were instructed to break old habits, like leaving a door key under the mat or leaving the door wide open when visiting neighbours. Advice was also; to have a telephone ready for emergencies, not to open the door to strangers or sign proposals that come from them, have a door-chain fitted, strengthen entry points and have adequate lighting. Also be suspicious in the street of certain approaches when going out to obtain money.

Harrods will sell gold bars. According to the Diário Digital, Harrods in London will now sell gold bars and coins. They will also buy back the gold at any time at the market price. "Harrods is known for its innovation and first class service. It’s our formula for success" the store said in a statement.

The Diário has published details of the Apple Festival in Camacha which starts tonight.

Program – XXIV Apple Festival
Friday, October 16
14 hours – Decorate the stage – schools of the 1st Cycle of Camacha
20 hours – Animation and Karaoke with DJ Silva
Saturday, October 17
16 hours – Beginning of the manufacture and sale of cider apple Camacha
17 hours – Official – Entities visit stands
17.15 – Group of Pilgrimages Old Rochão
20 hours – Group of Pilgrimages and Traditions of Camacha
20:45 – Folk Dance Group of the House of People’s Camacha
21.30 – Banda Parish of St. Lawrence
22:30 – Conjunto Musical ‘New Wave’
Sunday, October 18
12 hours – Beginning of the manufacture and sale of cider apple Camacha
17 hours – Folklore Group of Rochão
18 hours – Folklore Group of Good Hope
18:30 – Grupo Folklore Juvenile Camacha
19 hours – avenged
20 hours – Duo Musical ‘Wave Duo’
22 hours – Musical Group of the Magi

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If you can, please contribute something Madeira related. A funny story or 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. 

You can email blog@madeira4u.com with any large contributions or comments and photos / videos, or if you can contribute regularly, I can give you a special account that allows you to create your own blog postings.
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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.

(more…)

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!!!!!