LISBON, Portugal — International ratings agency Fitch has downgraded Portugal’s debt to junk status due to its high debts and poor economic prospects. Fitch said Thursday it is downgrading Portugal one notch, to BB+ from BBB-. The agency said it took the measure because of Portugal’s “large fiscal imbalances, high indebtedness across all sectors, and adverse macroeconomic outlook.” Read full article > >

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Fitch downgrades Portuguese debt to junk status, cites poor economic prospects despite bailout

A rare protest by members of Portugal’s armed forces against proposed pay and benefit cuts is held in Portugal’s capital Lisbon.

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Portugal army protests over cuts

Leaders in Lisbon will begin setting aside their domestic differences in order to negotiate with creditors.

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Political Divide Poses Risks for Portugal in Bailout Talks

LISBON, Portugal — Portugal asked for a bailout Wednesday to relieve its crushing debt, joining Greece and Ireland by becoming the third European nation to ask for outside help amid a bruising European financial crisis.

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Portugal seeks bailout and becomes 3rd victim of Europe debt crisis

LISBON, Portugal — Portugal became the third debt-stressed European country to need a bailout as the prime minister announced Wednesday his country will request international assistance to ease its rapidly worsening financial crisis.

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Portugal’s prime minister says his debt-stressed country will request a long-expected bailout

Rangers manager Walter Smith will not field a weakened team against Sporting Lisbon ahead of a crucial league meeting with Celtic.

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Smith focused on Sporting victory

Rangers manager Walter Smith will not field a weakened team against Sporting Lisbon ahead of a crucial league meeting with Celtic.

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Smith focused on Sporting victory

Euro crisis gives EU Lisbon Treaty a bumpy first year

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Baptism of fire

Our behind-the-scenes look at the making of Aston Martin’s upcoming short films Like many brands, where car manufacturers once relied on lifelong customers, changing market factors (globalization as a whole, the Internet, etc.) has empowered buyers to venture beyond local car lots to find an automobile that truly speaks to their needs and desires. While Aston Martin ‘s reputation for luxurious motoring may be enough, at nearly a century old, the manufacturer hopes to engage a new generation of drivers with its series of interactive films centered around their new Rapide . (See the full story on the four-door sports car on CH here .) To check out how Aston Martin’s Marketing Director Markus Kramer and his staff are creating something beyond a clich

LISBON – President Obama said Saturday he was confident that a U.S. troop withdrawal from Afghanistan would begin in July and that “the objective assessment is that we have made progress” in the war effort.

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Obama pushes back on Karzai criticism

Obama used his final press conference before leaving the NATO summit in Lisbon to cement his intention to have the United States out of Afghanistan by 2014. Trainers and advisors would remain in the country past the pullout date, as is the case in…

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Obama Cements 2014 Afghan Pullout

Russia agrees to co-operate on Nato’s programme to defend against ballistic missile attacks, Nato’s secretary general says at a summit in Lisbon.

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Russia ‘to help Nato shield plan’

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Afghan President Karzai is to meet Nato leaders in Lisbon for talks on withdrawing alliance combat troops from his country by the end of 2014.

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Karzai to meet Nato over pullout

Nato and Russia pledge a fresh start in relations at Lisbon summit

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New era?