July 1, 2004 |
This comes as hard news to Europe, which considers itself both curator and connoisseur of the global game, but the 2004 European Soccer Championship is being dominated by a balding, paunchy Brazilian almost old enough to be Wayne Rooney's grandfather.
March 25, 2011 |
European leaders agreed Friday to set up a permanent $700-billion rescue fund to try to contain the continent's debt crisis as fear mounted that Portugal will soon be forced to seek a bailout. Wrapping up a two-day summit in Brussels, the European Union hoped the announcement of the permanent safety net after weeks of haggling would boost investor confidence and demonstrate the bloc's commitment to ensuring the survival and stability of the euro. But the meeting was overshadowed by political turmoil in Portugal, where lawmakers' rejection of new austerity measures caused the government to collapse Wednesday and pushed Lisbon closer to asking for emergency aid. Many economists now feel it's only a matter of time before underperforming, debt-ridden Portugal becomes the third EU nation to require an embarrassing financial bailout.
March 25, 1985
Zola Budd of Britain led from start to finish to win the women's title in the World Cross-Country Championships at Lisbon. Carlos Lopes of Portugal, the Olympic marathon gold medalist, won the men's title for the third time. The United States won the women's team title, while Ethiopia won the men's title. The U.S. men finished third. Budd, 18, running barefoot over the grass course, was clocked in 15 minutes 1 second for 5,000 meters.
March 29, 2011 |
Portugal and Greece were downgraded Tuesday by Standard & Poor's, which said the European Union's new bailout rules may mean both nations eventually will renege on their debt obligations. S&P cut Portugal for the second time in a week to the lowest investment-grade rating of BBB-, three steps below Ireland. Greece's rating fell two grades to BB-, three levels below investment grade. S&P cited concerns that both countries may be forced to restructure debt after seeking European aid and that governments will be paid back before other creditors.
July 18, 1996 |
Portugal and six former colonies, including Brazil, fulfilled a long-held ambition to unite their 200 million people in a commonwealth Wednesday and then immediately began work on setting priorities. Leaders from Portugal, Brazil and the African nations of Angola, Mozambique, Guinea-Bissau, Cape Verde, and Sao Tome and Principe held their first summit almost immediately.
December 12, 2004 |
Portugal, already reeling from an alarming economic decline, plunged deeper into crisis Saturday when the conservative government quit a day after the president dissolved parliament and called an early general election. The chaos is likely to translate into months of political paralysis that Portugal, one of the European Union's poorest nations, can ill afford. The crisis will further delay essential and long-deferred reforms devised to halt the nation's economic slide.
June 11, 2002 |
Rebounding from an upset loss to the United States, Portugal took out its frustration on Poland in no uncertain terms Monday night as it thrashed the Poles, 4-0, in front of 31,000 rain-drenched fans in Jeonju, South Korea. No one enjoyed the evening more than Pauleta, who scored the second hat trick of the Korea/Japan '02 World Cup with goals in the 14th, 65th and 77th minutes. Two came from his right foot and one from his left.
August 25, 2002 |
A nest of three endangered black storks has delayed the filling of a Portuguese reservoir that will be the biggest in Europe, local media reported. Filling of the Alqueva dam on the Guadiana River is expected to be delayed five weeks until the storks are old enough to migrate to winter nesting grounds in Africa, Lusa news agency and Expresso newspaper said.
November 15, 2013 |
Cristiano Ronaldo upstaged Zlatan Ibrahimovic in the battle of the superstar forwards to give Portugal the edge over Sweden in the World Cup playoffs, while France's chances of qualifying took a big hit by losing, 2-0, in Ukraine. Ronaldo transferred his prolific scoring form for Real Madrid to the international stage, diving to head home an 82nd-minute winner and give Portugal a 1-0 cushion to take to Stockholm for Tuesday's second leg. France faces the prospect of missing a major tournament for the first time since 1994 after Roman Zozulya and Andriy Yarmolenko scored second-half goals for Ukraine in a feisty match that saw both teams finish with 10 men. Kostas Mitroglou's double helped Greece claim a 3-1 win over Romania, and tiny Iceland overcame a sending-off early in the second half to hold on for a 0-0 draw with Croatia, keeping alive its hopes of becoming the least populous nation to reach a World Cup. All four return matches take place on Tuesday, when the 13 qualifiers from Europe will be finalized.
June 25, 2013 |
Some people read tea leaves to predict the future. Me, I read headlines. Take these offerings this week from the home (buying) front: “ Home prices gain strongly in April ,” news that perhaps springs from “ Consumer confidence surges to five-year high, Conference Board says ,” which is of course followed by the inevitable bad news, “ Mortgages: 30-year fixed rate has jumped a point since early May ,” which leads to the...