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Luís de Sousa
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Commodities took another deep tumble across the board this week. Staple metals like copper ended the week at decade lows, with fossil fuels dragged down along. China is back to 7% growth, signs of economic recovery are re-app...
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Luís de Sousa

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Celebrations on the streets of Tehran. Photo by Vahid Salemi. At long last, Iran is set to become a full right player in the international stage again. The historical relevance of this moment is possibly unfathomable right no...
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http://www.washingtonpost.com/posteverything/wp/2015/07/08/stop-complaining-greece-portugal-went-through-austerity-too/

In fours years Portugal lost 10% of its employment (450 000 jobs) and 5% of its population (half million folk emigrated). The sovereign debt to GDP ratio shot up from 90% to 130%. In 2014 the budget deficit still stood above 6% of GDP. Over 10% of the national budget is now spent on interest (> 8 G€/a).
 
Meanwhile, little to nothing has been made to close the trade deficit - the de facto Achilles heel of the Portuguese economy. It is in a rising trend since 2013, presently neighing on 11 G€/a.
 
In these four years the traditional parties - Conservatives, Liberals and Socialists - went from 80% down to 60% of the electorate base. In 2018 Portugal has to re-finance over 40 G€ in sovereign debt. Whatever political coalition survives in power will certainly collapse by then, paving the way for fringe parties. But this is Portugal - do not expect an intellectual elite to succeed the traditional parties like it happened in Greece and is now happening in Spain.  
 
Portugal's story in not that different from Greece's, those living and working (or trying) in the country know it all too well. There is a lag of a few years but the end destination is the same.
 
The article above (and others like it) is but a fantasy, paid with my money, by a government that seems more interested in propaganda than effectively modernising the economy.
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Image by Vicky Brock The present debate about the Greek financial situation tends often  to pit Greece against the rest of the Eurozone. As an example, Joergen Oerstrom Moeller writes that: Since 2010 the Eurozone economy ha...
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A man from the past. Photo by Zimbio. "Eventually, we'll all go 100% renewable." A friend employs this sentence often, and even though we disagree in most things energy related, we perfectly agree on this point. The Energy T...
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Last week I was at the beautiful city of Como in Italy to attend the European FOSS4G conference. In case you do not know FOSS4G stands for Free and Open Source Software For Geo-Spatial. These days my career pretty much revolv...
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The BSoD is out to get you.
 
Windows strikes again!


Taken at the Paris International Airport
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Portugal is next in the line of fire, but an eerie serenity reigns in the country. The mercury is up and most folk are at the beach this weekend; the media speak of football and hockey.

In reality much has changed since yesterday, and Portugal, even if not yet aware, is today a much more fragile country. Events will go sour, and possibly much faster than most expect.
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Some folk are not only anticipating Greece's exit from the EU, they already guess which state will be ejected next.
Kefalonia is a glorious paradise and the largest island in the Ionian Sea. #NewRoute. For info on booking click here: http://bit.ly/1KScjXb
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The irony. The mockery. This video kicks some mighty ass.
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VIJAYCHARAN VENKATACHALAM's profile photo
Adrian Carter's profile photo
Luca Pardi's profile photo
Alexandre Neto's profile photo
vijay charan's profile photo
Christian Kerschner's profile photo
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Researcher at CRP Henri Tudor. PhD student at the Technical University of Lisbon.
Introduction
I'm a researcher at the Luxembourg Institute of Science and Technology in Luxembourg and a PhD student at the University of Lisbon. I work on the GIS field, more specifically on geo-spatial web services and geo-spatial simulation.

In a parallel life I created the first Portuguese language website dedicated to Peak Oil in 2005 (PicoDoPetroleo.net), in 2006 I was a founding member of ASPO-Portugal and later that year integrated the team that started the European branch of TheOilDrum.com. I currently blog AtTheEdgeOfTime.

Contact: Luis{dot}A{dot}de{dot}Sousa{at}gmail{dot}com
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