Portugal exited its international bailout program on Saturday, regaining its economic sovereignty, which it lost after the European debt crisis. However, the country’s GDP is four percent lower than in 2010, a year before it asked for financial help.
The country will become the second eurozone country to leave the bailout after Ireland. Portugal underwent three years of painful austerity, in order to receive a 78-billion euro loan (106 billion US dollars), to help a nation that was on the verge of bankruptcy. Continue reading “Portugal leaves bailout program with 214bn euro debt, 4% lower GDP”

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Bundy Ranch
Intellihub – by
The Guardian – by Trevor Timm
Fox 5 Vegas
While I distrust the motives behind this event, it does deserve some coverage. It could very well gain momentum and perversely adopt a life of its own. Notice how the event has already bifurcated with two protests taking place simultaneously. One in WA DC and the other at the Bundy ranch. My read on that, is that the Bundy protestors are going to get in the face of Dirty Harry, while the others are gonna go after the bummer man. IMO that was smart as it complicates the man’s game to put down the protestors. Moreover, Bundy remains a flash point, so the man had better be really careful about using violence there.
Washington’s Blog – by Carl Herman
NBC News – by RICH GARDELLA AND TALESHA REYNOLDS
Fox News
Now the End Begins