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07 Apr 2011 10:22

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World: Anyone want to spot Portugal some money? They kinda need it

  • 70 billion (or more) needed to help bail out Portugal source
  • » Coming today — the request: Portugal’s current caretaker government plans to solicit the European Union for bailout money today. However, the fact that it is a caretaker government complicates things, because some argue that they may not have the proper authority to take on such a task. To put this in perspective, Ireland’s outgoing government made a similar bailout request, only to have to the new government ask for changes after they got into office — something that the people handing out the money didn’t like. Gift horse, mouth, all that stuff.

09 Jan 2011 11:03

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U.S.: Carlos Castro “scared to sleep” with boyfriend suspected of killing him

  • I’m scared to sleep with him here. I actually changed my flight to go home a couple of days early – this guy’s been acting crazy.
  • Portuguese celebrity journalist Carlos Castro • Speaking to a friend about Renato Seabra, his former lover who he went to NYC with. Castro never made it back home, reportedly dying in a wild fight with Seabra where the 20-year-old reality TV star did some things to him we choose not to repeat. If you want the full details on those, go to the link to New York Daily News, who has less of a squeam factor than we do. As for Seabra, he’s currently being held in a psychiatric facility. This story kind of got buried yesterday in the wake of the Giffords tragedy, but, really, it’s no less shocking – and involves a fairly well-known celebrity in Portugal. source

08 Jan 2011 13:15

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U.S., World: Carlos Castro murder: Too many gruesome stories today

  • victim Carlos Castro, a celebrity journalist and gay activist from Portugal who had been staying in New York on holiday. He was found brutally murdered and castrated. (Ugh. Too many disturbing stories today.)
  • suspect Renato Seabra, a 20-year-old model and reality TV star who was staying with Castro. He’s currently getting a psychiatric exam, because, well, who does this to somebody, anyway? source

27 Nov 2010 12:08

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World: Portugal smacked by debt crisis, high unemployment, brain drain

  • I will get out as soon as I graduate next year, to Brazil. It has a growing economy and people like me can do well there.
  • Portuguese college student Alexandria Silva • Explaining her long-term plan for surviving in this economy. That’s right. She plans to leave Portugal, which is about to get smacked with some debt crisis drama, to go to South America. There are some other issues, too – due to insane job-security (especially in the public sector), older Portuguese people already have a stranglehold on the good jobs, and worse, there’s an 11 percent unemployment rate. So, now, some of the country’s best and brightest are leaving. Sad, really. source

10 May 2010 10:08

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Biz: As expected, the market loved Europe’s response to the debt crisis

  • 3% the worldwide stock increase after Europe put its full financial might behind the debt crisis
  • 2% the amount the Euro gained on the dollar; in recent days, it had been floundering source

09 May 2010 21:28

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Biz: The European Union throws a ton of money at debt crisis

  • 720B
    could get loaned to European countries greatly affected by the debt crisis
  • 440B
    the amount European countries will make available; the EU will loan €60 billion
  • 220B more could come from the Greece-helping International Monetary Fund source