Understanding the December effect
FINANCIAL PROFESSIONALS either love or loathe the foreign exchange market in December. The currency markets thin out over the last weeks of the year as traders slope off to eat
Top whack
The respected American Forbes Magazine has published this yearâs rich list in sport. Top of the heap are Tiger Woods and Michael Schumacher, who both earn in excess of 66
Billion dollar viatical shock wave breaks
In last weekâs The Resident, we reported that Fort Lauderdale-based Mutual Benefits Corp (MBC), a company selling viatical life insurance policies, had been suspended from trading. Federal and state agents
Inevitable closeness to Spain
Closer economic integration between Portugal and Spain is âinevitable and desirableâ, in the view of DurĂŁo Barroso. The Prime Minister was speaking at an Iberian economic forum in Madrid, attended
Entrepreneurs urge reforms
Delegates at the high profile Portugalâs Promise conference have unveiled a list of 30 proposals aimed at improving the performance of the economy and the state. A total of 500
Competitiveness for future
The government has launched a Magna Carta for Competitiveness. The challenge sets out 10 corporate strategies and 10 public policy measures to make Portugal one of the 10 best countries
Electricity prices to fall significantly
Prime Minister DurĂŁo Barroso has pledged that electricity prices will fall following the creation of the single Iberian Electricity Market, known as Mibel. The agreement, signed between the Portuguese and
Petrol prices up
Latest figures show that the cost of a tank of petrol or diesel increased soon after price liberalisation came into effect on January 1 and experts predict that there will
Business briefs
Economy âą Portugal will put recession behind it this year with 0.75 per cent growth, although the recovery will be less strong than previously thought, according to the Bank of