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☆ This couple bought a rundown farmhouse in Portugal. Here’s what happened next
▼ + stars: | 2023-07-20 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

Adventurous projectAlan Andrew and Vincent Proost purchased a rundown Portuguese farmhouse in 2019. have a completely new life in Portugal, and say they couldn't be happier. Although they describe Casa Baio as a “modern farmhouse,” they say they’ve tried to incorporate as many traditional local materials, including handmade terracotta tiles, along with floor tiles made from local marble, as possible. Andrew and Proost say they try to use regenerative organic practices on the farm, which is certified organic. Andrew and Proost say they’ve definitely noticed an increase in the amount of people from the US relocating to Portugal, particularly in Alentejo.

Persons: CNN —, Alan Andrew, Vincent Proost, ” Andrew, ”, Andrew, Figueira e Barros, “, “ It’s, Casa, Duarte Bivar, they’ve, Proost, who’s, It’s, ” They’re, – Andrew, who’ve, Antonio Costa, they’re, he’s, “ We’re, I’m, I’ve, … Organizations: CNN, CNN Travel, Baio, London International Olive Oil, Portugal –, Casa Baio, –, “, EU Locations: Pennsylvania, Belgian, Portugal, Alentejo, London, Europe, Italy, Lisbon, Savanna, Tuscany, ”, Figueira, Belgium, That’s, Estremoz, “, California, Porto

☆ The 'Bitcoin Family' has a special algorithm that tracks moon cycles — and it's helped them gain 50% since the bear market bottom
▼ + stars: | 2023-07-11 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +13 min

Didi Taihuttu in Lagos, Portugal MacKenzie SigalosTaihuttu's indicator considers a mix of inputs, including directional trading data and moon cycles. Moving Average Convergence Divergence (MACD) compares two moving averages of a cryptocurrency's price by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. When the 50-day moving average crosses below a falling 200-day moving average, it is known as the Death Cross , signaling a bear market may be imminent. When the 50-day moving average crosses below a falling 200-day moving average, it is known as the , signaling a bear market may be imminent. Price chart showing the 'Didi BAM BAM' market indicator Didi TaihuttuAnd then there are the intangible price influencers — like moon phases.

Persons: Thailand Didi Taihuttu LAGOS, Didi Taihuttu, Portugal MacKenzie Sigalos Taihuttu's, Bitcoin, Taihuttu, DAI —, Didi, Portugal MacKenzie, Portugal —, Portugal Didi Taihuttu, Mayer, It's, Price, —, I'm, Didi Bam Bam, Thailand Didi, ChatGPT, Goldman Sachs, Marco Argenti, Goldman, Louisa, David Solomon, Morgan Stanley, Morgan, Jeff McMillan, — CNBC's Ryan Browne Organizations: CNBC, Didi BAM, BAM, Bollinger Bands, Bollinger, Lightning Networks Locations: Phuket, Thailand, PORTUGAL, Lagos, Algarve, Taihuttu, bitcoin, Portugal, cryptocurrency, ChatGPT

☆ The ECB is getting close to the terminal rate, says Governing Council member
▼ + stars: | 2023-06-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe ECB is getting close to the terminal rate, says Governing Council memberThe ECB should be predictable on the path for rates after the summer break, says Bank of Portugal Governor Mario Centeno, who discussed when the central bank might stop hiking — or reach the so called terminal rate.

Persons: Mario Centeno Organizations: ECB, Bank, Portugal

☆ Scientists to test noise deterrents meant to scare orcas after a rapid rise in boat rammings
▼ + stars: | 2023-06-27 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

Noise deterrents are being developed to scare orcas away from boats, a Portuguese trade association said. The association said sailors in the area are "afraid" to take their boats into Portuguese waters. Alfredo López of the Grupo de trabajo Orca Atlántica, which is collaborating with the Portuguese government, told Insider the work is in the very early stages. Noise deterrents typically work by emitting pulses of high-frequency sound to scare away sea creatures from an area. While types of acoustic deterrents exist, none are specifically designed to be used for orcas and sailboats, he said.

Persons: Orcas, —, Bessa de Carvalho, Alfredo López, López, Jelmer van Beek, Lusa, Lopez Organizations: Service, Privacy, National Association of Cruises, ANC, Portuguese Navy, Institute for, Grupo, Portland Press Herald, Apple Locations: Portuguese, orcas, Shetland, Scotland, Algarve, Portugal

☆ Orca pod attacks Ocean Race boats near Gibraltar
▼ + stars: | 2023-06-24 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

Reuters —The crew of the Ocean Race’s Team JAJO endured several heart-stopping minutes on their approach to the Strait of Gibraltar on Thursday when their boat came under attack from a pod of orcas. “This was a scary moment,” Team JAJO skipper Jelmer van Beek said. Impressive to see the orcas, beautiful animals, but also a dangerous moment for us as a team. Authorities have noted a steady increase in interactions between orcas and vessels in the Strait of Gibraltar and Portugal, with more than 20 incidents in May alone. Earlier this week, an orca repeatedly rammed into a yacht in the North Sea off Shetland, in the first such incident in northern waters.

Persons: JAJO, Jelmer van Beek, “, Trifork Organizations: Reuters, Ocean, Authorities Locations: Gibraltar, Portugal, orcas, Strait, North

☆ Orca attacks on boats appear to be 'leapfrogging' across oceans as a yacht is rammed by killer whale north of Scotland
▼ + stars: | 2023-06-24 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

An orca repeatedly rammed a yacht in the Shetland Islands, a sailor told the Guardian. The attack follows a series of orca incidents around the Iberian peninsula. The 72-year-old Dutch physicist, an experienced sailor, said he had heard about orca incidents around Portugal, adding that he found the loud breathing of the orca the "most frightening." While many boat interactions with orcas in the area have been harmless, killer whales have increasingly rammed and even sank boats. The rising number of incidents has left researchers concerned for sailors' safety and the dwindling orca population around the Iberian peninsula.

Persons: —, Wim Rutten, Rutten, Dr, Conor Ryan, orcas, John Hargrove Organizations: Guardian, Service, Trust, SeaWorld Locations: Shetland, of Portugal, Spain, Lerwick, Scotland, Bergen, Norway, North, Portugal

☆ Take Five: The only way is up
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +6 min

June 23 (Reuters) - It's been a turbulent week or two for markets, with one central bank after another making it very clear the only way for rates right now is up as inflation tightens its grip on the global economy. Bad news could be taken as a positive, if traders see it as a way of pushing authorities to offer more support to the economy - as long as it eventually arrives. Make your way to the foothills of Portugal's Sintra mountains from Monday through Wednesday. The agenda is, of course, inflation, inflation, inflation. Many expect initial attempts to talk the currency higher - "jawboning", in central bank jargon - before considering whether direct intervention is needed.

Persons: It's, Yoruk, Lewis Krauskopf, Naomi Rovnick, Amanda Cooper, it's, Big Tech's, CHRISTINE, Christine Lagarde, Yannis Stournaras, Jan Harvey Organizations: Investors, Federal, Credit Suisse, Big Tech, Federal Reserve, European Central Bank, Traders, ECB, Reuters Graphics Reuters, Analysts, Thomson Locations: Portugal, Rae Wee, Singapore, Amsterdam, New York, London, U.S, Beijing, China, Portugal's Sintra, SWEDEN, Swedish

☆ A guy who started a website that tracks orca incidents with boats near Spain and Portugal said that encounters are at least every day now
▼ + stars: | 2023-06-15 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +2 min

A man who has been tracking sightings and attacks said there's "one incident every day, on average." In some cases, there's been more than one reported attack in a single day in June, so far. The map shows 10 attacks since June 1 and an additional 12 orca sightings in the same time period. For example, on June 3, there were four identified orca attacks and on June 8, there were two. If you spread the word about something that happens in an area, people will avoid that area," Alves told PBS.

Persons: there's, —, Rui Alves, Alves, They've Organizations: Service, PBS Locations: Spain, Portugal, Gibraltar, Morocco

"There's still discussion in Portugal how that privatisation will take place and it's not supposed to be 100 percent privatisation," Spohr told journalists at the annual meeting of the International Air Transport Association in Istanbul. At least three major global carriers, Lufthansa, Air France-KLM (AIRF.PA) and British Airways-owner IAG (ICAG.L), have shown an interest. Lufthansa said last month that it was taking a 41% stake in Italian carrier ITA Airways in the latest major consolidation in the aviation sector in Europe. "Boeing are saying it's delivery in late 24 or early 25 - which means it's early '25," Spohr said. Reporting by Joanna Plucinska and Tim Hepher; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

Persons: Carsten Spohr, Joao Nuno Mendes, it's, Spohr, IAG, Joanna Plucinska, Tim Hepher, Susan Fenton Organizations: TAP, International Air Transport Association, Lufthansa, Air France, KLM, British Airways, ITA Airways, Boeing, Thomson Locations: ISTANBUL, Portugal, Istanbul, Europe

☆ How one family turned a job loss into an opportunity to sail the world
▼ + stars: | 2023-05-25 | by ( Audrey Wan | ) www.cnbc.com time to read: +4 min

The family decided to leave Hong Kong to return to the Netherlands, where her husband, Jeroen, is from, she said. So the couple sold their home in the Netherlands and bought a secondhand monohull boat to "live and travel the world." Lisa Terauchi-D'RozarioThe family first sailed to France, then to Spain and Portugal, before reaching Sardinia, she said. While living at sea, her family used a water maker to turn seawater into drinking water, she said. The family checked weather forecasts often but, Lisa said, they still encountered situations they were not prepared for.

☆ Opinion: A boast that could sink Trump
▼ + stars: | 2023-05-21 | by ( Richard Galant | ) edition.cnn.com time to read: +20 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —“I’m the one that got rid of Roe v. Wade,” former President Donald Trump boasted Tuesday on Newsmax. Congress has the power to rein in the court, wrote CNN legal analyst and law professor Steve Vladeck, whose new book “The Shadow Docket” focuses on the Supreme Court. Courtesy Boaz FreundIn 2019, then-President Trump issued an executive order requiring hospitals to post the prices of common medical services and procedures. For some, its celebration of a multiracial but purely fictional British aristocracy may even be a big part of its appeal.”As escapism, “Queen Charlotte” is a success.

☆ Swedish singer Loreen wins Eurovision Song Contest for 2nd time at event feting Ukraine
▼ + stars: | 2023-05-14 | by ( ) www.cnbc.com time to read: +6 min

Swedish singer Loreen won the Eurovision Song Contest on Saturday night with her power ballad "Tattoo," at a colorful, eclectic music competition clouded for a second year running by the war in Ukraine. Loreen, 39, previously won Eurovision in 2012 and is only the second performer to take the prize twice, after Ireland's Johnny Logan in the 1980s. Under the slogan "united by music," Eurovision final fused the soul of the English port city that birthed The Beatles with the spirit of war-battered Ukraine. Now in its 67th year, Eurovision bills itself as the world's biggest music contest — an Olympiad of party-friendly pop. "Now, the music industry, the world, knows that if you appear at Eurovision, you could be in for a great thing," said Steve Holden, host of the official Eurovision Song Contest podcast.

☆ If you see a killer whale, 'never enter the water.' What to do during an orca encounter, according to a whale expert.
▼ + stars: | 2023-05-12 | by ( Grace Eliza Goodwin | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

A whale expert told Khaleej Times you should "never enter the water" if you see a killer whale. There was even one incident where killer whales sank a sailboat. Nigel Killeen / Contributor / Getty ImagesLuckily, there have never been any recorded fatal orca attacks on humans in the wild, Natoli told Khaleej Times. "Try not to approach them from the back or from the front, stay on their side instead," Natoli told Khaleej Times. By contrast, in the United Arab Emirates, Natoli told Khaleej Times that sightings are rare in the region, with only about one every year and a half.

☆ Orcas keep attacking sailboats, sometimes sinking them. Scientists are looking for answers.
▼ + stars: | 2023-05-09 | by ( Joshua Zitser | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

Orcas keep attacking sailboats off the coasts of Portugal, Spain, and Morocco. One sailor shared his encounter with killer whales, after a pod of orcas sank a boat last year. Orca attacks have sometimes immobilized sailboats, but local media said that, in this instance, it caused so much damage that the vessel started to sink. The passengers, who were sleeping at the time of the attack, were traveling from Lisbon to the Algarve, per the local media outlet Portugal Resident. And that number comes from a collaboration of scientists collecting reports, not from local media outlets.

☆ Hurricanes of Data: The Tiny Craft Mapping Superstorms at Sea
▼ + stars: | 2023-05-09 | by ( Porter Fox | ) www.nytimes.com time to read: +35 min

The Tiny Craft Mapping Superstorms at Sea Shortly after dawn on Sept. 30, 2021, Richard Jenkins watched a Category 4 hurricane overrun his life’s work. That August, a sister ship, SD 1031, successfully entered Tropical Storm Henri, but only in its early stages. Hurricane research, modeling and forecasting requires many terabytes of data for every square mile the storm passes through, including vitally important sea-level data from inside a storm. The next day, the depression was upgraded to a tropical storm and officially given the name Sam. And four months later, Tropical Storm Megi killed more than 150, wiped out several villages with landslides and displaced more than a million people.

☆ Sebastian Steudtner has turned to science as he chases the world’s biggest waves
▼ + stars: | 2023-05-08 | by ( Matt Majendie | ) edition.cnn.com time to read: +15 min

CNN —Sebastian Steudtner holds the world record for the biggest wave ever surfed. Steudtner holds the world record for the biggest wave ever surfed. Win, win, win or perform, perform, perform. How boring is it to win and win and win? If I want to catch waves, I don’t think about you because you’re in my way, so you’re naturally competitive.

☆ Brazil police shoot dead 4 illegal gold miners on Yanomami reservation
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +2 min

[1/4] A helicopter of the Brazilian Environmental Agency (IBAMA) is seen near Uraricoera river during an operation at illegal mining in the Yanomami indigenous land, Roraima state, Brazil, February 11, 2023. REUTERS/Amanda Perobelli/File PhotoBRASILIA, May 1 (Reuters) - Brazilian police and environmental protection agents were ambushed by illegal gold miners on the Yanomami Indigenous reservation in the Amazon on Monday and four miners were shot dead in the exchange of gunfire, a government statement said. The Environment Ministry said their team was attacked when they moved in to dismantle a wildcat mining camp run by an organized crime gang. Brazilian authorities are keen to show that they mean business in their efforts to remove the remainder of the wildcat miners on the reservation following the fatal shooting of a Yanomami man. Gold miners killed one man and seriously injured two others in an attack on Saturday in the Yanomami territory, where authorities have been evicting illegal miners who invaded Brazil's largest indigenous reservation, the size of Portugal.

☆ Portugal NOS' quarterly profit drops 15% as 5G capex ups amortisations
▼ + stars: | 2023-04-26 | by ( Sergio Goncalves | ) www.reuters.com time to read: +2 min

LISBON, April 26 (Reuters) - Portuguese telecommunications firm NOS (NOS.LS) posted on Wednesday a 15% fall in first-quarter net profit as amortisation costs rose after strong investments to bring its fast-speed 5G network to almost everyone in Portugal. NOS, whose businesses include cable television and cinemas, made a net profit of 34.9 million euros ($38.55 million) between January and March. Consolidated revenue rose 2.2% to 381.4 million euros in the quarter from a year ago, of which 369.2 million euros were from its core telecommunications business. Its 5G network covered 88% of Portugal's population in March, said NOS, which a year ago was in the initial phases of the new technology roll-out. Operating costs rose 7% year-on-year to 869.9 million euros in the first quarter due to soaring inflation.

[1/3] People protest outside the embassy of Brazil in Portugal over Brazil's President Luiz Inacio Lula da Silva's position on Russia-Ukraine war as he arrives in the country for a state visit in Lisbon, Portugal, April 21, 2023. Two Brazilian officials told Reuters on Thursday that Lula - keen to protect Brazil's neutrality - was expected to avoid criticism of the Western role in the Ukraine war during his visit to Portugal. "Brazil and president Lula have a vocation for peace and the president will work to unite other countries to seek an alternative to end this conflict", Macedo told reporters after receiving the letter. On Tuesday, Ukraine invited Lula to visit, a day after Lula had met with Russia's foreign minister in Brasilia. Asked if the president would visit Ukraine, Macedo said Lula's foreign policy adviser, Celso Amorim, would go.

☆ 'We can achieve more with less,' ECB's Centeno says on monetary policy
▼ + stars: | 2023-04-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We can achieve more with less,' ECB's Centeno says on monetary policyMario Centeno, governor of the Bank of Portugal, tells CNBC's Joumanna Bercetche that the ECB will be watching the data before deciding its next steps, but also says he has one key message: "We can achieve more with less."

☆ Portuguese NGO sues TikTok, says platform 'profits from children'
▼ + stars: | 2023-04-05 | by ( ) www.reuters.com time to read: +2 min

The lawsuit came a day after Britain's data watchdog said it had fined TikTok 12.7 million pounds ($15.81 million) for breaching data protection law, including by using the personal data of children without parental consent. TikTok did not immediately respond to a request for comment, but told Portuguese newspaper Publico in a statement that protecting its users and their data was of "utmost importance". Ius Omnibus claims TikTok ends up collecting and processing children's personal data in breach of Portugal's constitution, the European Union's general data protection regulation and the unfair commercial practices law. Despite TikTok's age limit, it "does not implement mechanisms to prevent registration" by users aged below 13, the group said. In a separate lawsuit, it claims users older than 13 are also victims of "misleading business practices" and that certain personal data is used without their full consent.

☆ Portugal's Delta Cafes founder Rui Nabeiro dies at 91
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: +1 min

LISBON, March 19 (Reuters) - Rui Nabeiro, the founder of Portugal's largest roasted coffee retailer Delta Cafes and one of the country's top entrepreneurs, has died at the age of 91, the company said on Sunday. Nabeiro, who died in a hospital in Lisbon "due to breathing problems", founded Delta Cafes in his home town of Campo Maior, Alentejo, in 1961, starting with a small warehouse that roasted only 30 kilos of coffee per day. He always reinvested the profits in innovation to grow his family business and the Delta Cafe now roasts 100 tonnes daily. The company's sales, through both retail and foodservice channels, rose 12% to 460 million euros in 2022, with more than 25% exported to around 40 countries. Reporting by Sergio Goncalves; editing by Barbara LewisOur Standards: The Thomson Reuters Trust Principles.

☆ Former owner of Portugal's TAP denies overpaying for Airbus planes
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +2 min

LISBON, March 10 (Reuters) - A former owner of Portugal's flag carrier TAP, David Neeleman, denied on Friday making a deal in 2015 to overpay for Airbus planes after prosecutors said last month they were investigating the complex leasing deal, as well as suggestions he had bought TAP shares with company money. "It is also completely absurd to say that TAP shares were bought with Airbus funds or with TAP's future cash flows," he wrote, adding that TAP exclusively used the $226 million from Airbus in ancillary benefits to pay salaries and for its cash needs. He said Atlantic Gateway had also injected its own funds into TAP and arranged a 90 million euro ($96.04 million) loan from Azul, the Brazilian airline that Neeleman founded, "on very favorable terms for TAP", saving TAP from immediate insolvency. Portugal in 2020 bought Neeleman's stake in TAP, which is under a 3.2 billion euro Brussels-approved bailout. ($1 = 0.9371 euros)Reporting by Andrei Khalip and Patricia Rua; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

☆ In pictures: Surfers brave monster waves of Portugal's Nazare
▼ + stars: | 2023-02-28 | by ( Dave Lucas | ) www.reuters.com time to read: 1 min

Italian authorities arrested three people and were looking for a fourth suspect who they believe trafficked up to 200 migrants aboard a wooden boat that smashed apart on rocks off southern Italy on Sunday, killing at least 65 people.

☆ Ukraine's top climate scientist put solar panels on her apartment roof so she could keep the lights on for her son with autism
▼ + stars: | 2023-02-23 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

In December, Svitlana Krakovska, Ukraine's top climate scientist, managed to place a solar array on the roof of her Kyiv apartment building to provide electricity for her family when the power goes out. "He was really afraid," Krakovska told Insider by phone from her office in Kyiv. The resiliency the solar panels deliver is part of what Krakovska hopes will come out of the brutal war with Russia, now one year on. She noted there are large solar installations in Ukraine where a missile might destroy some panels but the remaining ones will still work. Zasiadko pointed to a project in a village near Kyiv in which a small clinic that had been damaged by shelling was outfitted with solar panels and a groundwater heat pump.

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