High bid

A RARE 18th century Portuguese naval compass has fetched 30,000 euros at an auction by Christie’s in London. The piece of mechanical craftsmanship went to an anonymous bidder for 30,544

May 1, 2008by shareitIn

Supermarket robbery

By: DAISY SAMPSON daisy.sampson@the-resident.com SHOTS WERE fired during a supermarket raid by three hooded youths on Saturday evening in Almancil. Eyewitness Adrian Hook told The Resident that he arrived at

April 29, 2008by shareitIn

EDP windfall

THE PORTUGUESE tax man is to get nearly 760 million euros in extraordinary receipts from the monopoly electricity supplier EDP this year. In total, the government will bag 0.5 per

April 23, 2008by shareitIn

Irish winner

A small boatbuilding company from Cobh Harbour in Cork, Ireland, has secured a 960,000 euro contract to build a new pilot launch for the port in Sines. Ron Goddard, the

April 23, 2008by shareitIn

Minister emphasises economic priorities

By: CHRIS GRAEME chris@the-resident.com Good Governance, progress and maintaining the social contract are the government’s priorities for the Portuguese economy, said the Minister of Finance at the American Club last

April 23, 2008by shareitIn