Hints and tips:
...Costa’s resignation shifts the onus to Portugal’s president Marcelo Rebelo de Sousa, a former leader of the opposition Social Democrats, who accepted Costa’s resignation and must now decide whether to dissolve...
...The judge also permitted the release of several people arrested last Tuesday, including Costa’s chief of staff Vítor Escária. They have been ordered to present themselves regularly to the authorities....
...Prosecutors revealed the full extent of their probe on Tuesday when they carried out 43 raids on government buildings and homes, arrested Costa’s chief of staff Vítor Escária, and made infrastructure minister...
...The judge also ordered the release of the five people arrested last week, including Vítor Escária, Costa’s chief of staff, and Lacerda Machado, a consultant known as a close friend of the prime minister....
...Portugal’s president Marcelo Rebelo de Sousa, who must nominate a new prime minister after the election, could also have a say....
...Aécio Lúcio Costa Pereira was convicted on five charges by the court, which has signalled it will show little clemency to those involved in the riots on January 8....
...July 7-August 19, glimmerglass.org Festival Internacional de Benicàssim, Spain The first of two major festivals heading to this resort town on the Costa del Azahar, FIB draws both Spanish and international...
...That praise will ring hollow this week as Marcelo Rebelo de Sousa, Portugal’s president, prepares to dissolve parliament and call an election two years ahead of schedule after Costa failed to persuade the...
...LLP, Brussels Francesco Rosati RBB Economics, Brussels Cristoforo Osti Chiomenti Studio Legale, Rome Christian Wik Roschier, Helsinki Anne Witt University of Leicester, Leicester Miguel Mendes Pereira...
...Richard East of Quinn Emanuel pointed to public comments from the SRB on Banco Popular, which he says “undermined investor confidence and resulted in a run on the bank”....
...Separately, international investors who owned Banco Popular’s riskiest bonds have hired international law firm Quinn Emanuel to explore litigation options in a number of jurisdictions....
...Last week, a group of bondholders hired law firm Quinn Emanuel to explore litigation options over the failure of Banco Popular....
...Bloco de Esquerda, another far-left party on whose parliamentary votes the government depends, has alternatively proposed that Novo Banco be incorporated into state-owned Caixa Geral de Depósitos, the country...
...As part of state-owned Caixa Geral de Depósitos, Portugal’s largest banking group, Caixagest was a beneficiary of a huge outflow of funds from the BES group and Novo Banco....
...Goldman Sachs recently purchased 2.27 per cent of BES on behalf of unidentified clients, while the DE Shaw Group, a US hedge fund, acquired 2.7 per cent....
...Álvaro Santos Pereira, the economy minister, was previously a professor at a Canadian university....
...Domingas da Costa Frota Pereira, an unemployed mother of three children, looks up and laughs: “They would put the money in their own pockets,” she says....
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