International, National Portuguese and Madeira News from Paul Abbiati:
Hugo Camara FILM
Another impressive film from Madeiran photographer/artist Hugo Camara. Thanks Hugo.
Dishwalla – Angels or Devils ( acoustic )
Stage Zero Dolly
More great entertainment in Madeira in March, April includes:
3 WAYS TO INCREASE ECONOMIC PRODUCTIVITY OF PORTUGAL’S PORTS
From: The Economist
Charting a new course
Other countries’ experience suggest three ways to bolster Portugal’s seaport performance.
First, more competition is needed at the ports: contracts should be extended only after transparent retendering, with new competitors invited to bid. This can reap real benefits: in the Netherlands service costs dropped by a quarter after a new tugboat operator entered.
Second, the unions must be tackled. Encouraging more firms to provide services would again improve things: in Hong Kong seven companies provide loading services and six offer ship repairs.
Finally, Portugal should reconsider its role as a port landlord. Selling up has worked in Britain, Australia and New Zealand. Private owners would be better at taking on vested interests.
A sale could raise around €1 billion for the cash-strapped exchequer
And since efficient ports often lead to a strong export sector, according to the United Nations, it could have wider benefits, too…
Full article: http://www.economist.com/node/21551072
Portugal produced best government bond returns in developed world so far this year!
From the FINANCIAL TIMES
“Portugal, the eurozone country many investors believe will be next to suffer a debt restructuring after Greece, has produced the best government bond returns in the developed world so far this year..”
link to full article: http://www.ft.com/cms/s/0/a8ccfcba-798f-11e1-b87e-00144feab49a.html#axzz1qWyASsad
All images from the Diario Newspaper or Facebook official pages unless otherwise stated
4 thoughts on “More great entertainment in Madeira in March, April; 3 ways to increase economic productivity of Portugal’s ports: The Economist; Portugal produced best government bond returns in developed world so far this year!; Hugo Camara FILM;”
Love the film by Hugo – how does he do that – making the camera move slowly but the other thins fast?! Fantastic….
Can anyone help me with a question? I want to buy a Euro millions ticket but my Lotto account knows I am abroad. Where and how can I buy one in Madeira? Thank you..
As petrol goes up on sunday I joined in on the substantial queue that had formed on the Via Rapida near Garajau
30 euros will take me back and forward for a week or 2.
Are the governments of Europe wise to keep increasing taxes on road fuel?
Will this help stimulate the economies?
They must know better than me and everybody else I know!!!!
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