Latest news with #Portugal
Yahoo
4 hours ago
- Sport
- Yahoo
Chidozie Awaziem set for Nantes return
Chidozie Awaziem (28) is set to return to FC Nantes, according to L'Equipe. The Nigerian central defender will reportedly sign a three-year contract. Awaziem came through the FC Porto academy but failed to establish himself in the first team, making just 15 appearances for the Portuguese side. During his time at Porto, he was loaned to Nantes for the 2017–18 season, where he made 23 appearances for Les Canaris. Further loan spells followed in Turkey (Çaykur Rizespor) and Spain (CD Leganés), before he moved permanently to Boavista F.C. in September 2020. Advertisement After just one season at the Portuguese club, Awaziem went out on loan again – first to Alanyaspor in September 2021, then to Hajduk Split for the 2022–23 campaign. He returned to Boavista for the 2023–24 season, followed by short stints with FC Cincinnati and Colorado Rapids in the MLS. Having yet to settle permanently at any club in his career, Awaziem will be hoping to make a more permanent home at the Stade de la Beaujoire. GFFN | Ed Marsh
Times
6 hours ago
- Times
Two Britons found dead in Portuguese apartment swimming pool
Two British men have been found dead in a swimming pool at a hotel-apartment complex in the Portuguese resort town of Albufeira. The men, aged 27 and 29, were discovered in the early hours of Tuesday morning. Emergency services were called to the scene shortly before 4am, but attempts to resuscitate them were unsuccessful, and their deaths were confirmed at the site. The deaths are not being treated as suspicious. They are believed to have drowned after jumping into the pool following a night out. Initial reports suggest the two men may have entered the pool after consuming alcohol and are not thought to have known how to swim. The pair were reportedly staying in the apartment complex with friends as part of a holiday. The incident occurred in a region popular with British tourists, with young holidaymakers in particular drawn to Albufeira's nightlife. It follows a number of recent fatal incidents involving UK nationals in the Algarve this summer. On June 4, Greg Monks, a 38-year-old from Glasgow, was found dead at the bottom of a steep embankment near Albufeira town centre, one week after being reported missing during a stag party. Earlier in the summer, another British tourist, aged 21, died in the resort after reportedly falling down stairs. The deaths have raised concerns among local authorities and residents about the pressures of mass tourism and the transformation of Albufeira's identity from a family destination to a party hotspot. Discussions have taken place about tighter regulations concerning public drinking and safety around swimming pools in tourist accommodation. The police are investigating the circumstances of the latest fatalities and are awaiting the results of toxicological tests and witness statements from those staying with the victims. The names of the deceased have not yet been released.
National Post
7 hours ago
- Business
- National Post
Gold Reserve Wins Appeal at Portugal Supreme Court
Article content PEMBROKE, Bermuda — Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) ('Gold Reserve' or the 'Company') is pleased to announce that in a recently published decision, Portugal's Supreme Court upheld a decision recognizing the Company's 2014 international arbitration award (the 'Award') against the Bolivarian Republic of Venezuela ('Venezuela') and rejecting the state's sovereign immunity and public policy defenses. Article content The total amount owed by Venezuela under the Award, inclusive of interest, exceeds $1.1 billion. In February 2025, the Lisbon Court of Appeal issued an order granting the Company's application to confirm the Award in Portugal and entered judgment for the Company against Venezuela in the amount of the Award. In the present decision, the Supreme Court of Justice affirmed the Court of Appeal's decision. Venezuela also was ordered to pay costs. Article content Article content A copy of the Supreme Court's decision can be found here. An English translation of the decision is being prepared and the Company's website. Article content The Company's recognition and enforcement efforts in Portugal are in addition to those being undertaken in the United States, including the Company's being named on July 2, 2025 as the Final Recommended Bidder in the U.S. District Court for the District of Delaware for the sale of the shares of PDV Holdings, Inc. ('PDVH'), the indirect parent company of CITGO Petroleum Corp. Any satisfaction of the Company's judgment in the Delaware proceedings may set-off and reduce the amount that can be recovered on the Award in the Portugal legal proceedings, and vice-versa. Article content Cautionary Statement Regarding Forward-Looking statements Article content This release contains 'forward-looking statements' within the meaning of applicable U.S. federal securities laws and 'forward-looking information' within the meaning of applicable Canadian provincial and territorial securities laws and state Gold Reserve's and its management's intentions, hopes, beliefs, expectations or predictions for the future. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. They are frequently characterized by words such as 'anticipates', 'plan', 'continue', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate', 'may', 'will', 'potential', 'proposed', 'positioned' and other similar words, or statements that certain events or conditions 'may' or 'will' occur. Forward-looking statements contained in this press release include, but are not limited to, statements relating to any bid submitted by the Company for the purchase of the PDVH shares (the 'Bid'). Article content We caution that such forward-looking statements involve known and unknown risks, uncertainties and other risks that may cause the actual events, outcomes or results of Gold Reserve to be materially different from our estimated outcomes, results, performance, or achievements expressed or implied by those forward-looking statements, including but not limited to recovery is not certain in the Portugal or Delaware legal proceedings due to multiple factors, including that, in Portugal, further court orders are required to attempt to collect against any of the attached funds, the priority of the Company's attachments on each account is not identical and is not definite, and the priority of the Company's attachments vis-à-vis other creditors is not identical and is not definite; and, in Delaware, the discretion of the Special Master to consider the Bid, to enter into any discussions or negotiation with respect thereto; the Bid will not be approved by the Court as the 'Final Recommend Bid' under the Bidding Procedures, and if approved by the Court may not close, including as a result of not obtaining necessary regulatory approvals, including but not limited to any necessary approvals from the U.S. Office of Foreign Asset Control ('OFAC'), the U.S. Committee on Foreign Investment in the United States, the U.S. Federal Trade Commission or the TSX Venture Exchange; failure of the Company or any other party to obtain sufficient equity and/or debt financing or any required shareholders approvals for, or satisfy other conditions to effect, any transaction resulting from the Bid; that the Company may forfeit any cash amount deposit made due to failing to complete the Bid or otherwise; that the making of the Bid or any transaction resulting therefrom may involve unexpected costs, liabilities or delays; that, prior to or as a result of the completion of any transaction contemplated by the Bid, the business of the Company may experience significant disruptions due to transaction related uncertainty, industry conditions, tariff wars or other factors; the ability to enforce the writ of attachment granted to the Company; the timing set for various reports and/or other matters with respect to the Sale Process may not be met; the ability of the Company to otherwise participate in the Sale Process (and related costs associated therewith); the amount, if any, of proceeds associated with the Sale Process; the competing claims of other creditors of Venezuela, PDVSA and the Company, including any interest on such creditors' judgements and any priority afforded thereto; uncertainties with respect to possible settlements between Venezuela and other creditors and the impact of any such settlements on the amount of funds that may be available under the Sale Process; and the proceeds from the Sale Process may not be sufficient to satisfy the amounts outstanding under the Company's September 2014 arbitral award and/or corresponding November 15, 2015 U.S. judgement in full; and the ramifications of bankruptcy with respect to the Sale Process and/or the Company's claims, including as a result of the priority of other claims. Article content This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. For a more detailed discussion of the risk factors affecting the Company's business, see the Company's Management's Discussion & Analysis for the year ended December 31, 2024 and other reports that have been filed on SEDAR+ and are available under the Company's profile at Article content Investors are cautioned not to put undue reliance on forward-looking statements. All subsequent written and oral forward-looking statements attributable to Gold Reserve or persons acting on its behalf are expressly qualified in their entirety by this notice. Gold Reserve disclaims any intent or obligation to update publicly or otherwise revise any forward-looking statements or the foregoing list of assumptions or factors, whether as a result of new information, future events or otherwise, subject to its disclosure obligations under applicable rules promulgated by applicable Canadian provincial and territorial securities laws. Article content Article content Article content
Yahoo
7 hours ago
- Sport
- Yahoo
Juventus race for Francisco Conceicao details with FC Porto
According to O Jogo, Juventus have finally made the formal €30m offer for Francisco Conceicao, but there is a race against time to resolve some big details with FC Porto. As already reported, the release clause is only active at €30m until midnight tonight, at which point it will automatically rise to €45m. Advertisement The Bianconeri have tried and failed to get a cheaper deal after he spent last season in Turin on loan, an experience that came at a cost of €10m. They ultimately conceded that the price would not drop below €30m, but seeing as they want to pay it in three instalments rather that in one go, it won't formally be an activated release clause. Francisco Conceicao deal will be complex for Juventus Francisco Conceicao of Juventus pulls his shirt over his head during the Coppa Italia match between Juventus FC and Cagliari Calcio at Allianz Stadium on December 17, 2024 in Turin, Italy. (Photo by) Nonetheless, O Jogo in Portugal point out there are still quite a few details that have to be resolved and Porto insist on getting a basic deal in place before midnight. As already reported in Italy this morning, Conceicao is giving up €3m to help push the move over the line, but that is only half what he would be owed for the transfer. Advertisement As part of the contract, he would get 20 per cent of the fee if it was organised outside of the release clause, which at €30m would be €6m. epa06052221 Portuguese soccer agent Jorge Mendes (C) EPA/JUAN CARLOS HIDALGO Agent Jorge Mendes is working hard to broker the agreement and it remains to be seen who will pay that outstanding €3m to Conceicao. FC Porto want written confirmation first that this issue will be covered before going ahead with the transfer.
Washington Post
9 hours ago
- Sport
- Washington Post
Oman hires Carlos Queiroz as coach in push for World Cup qualification
MUSCAT, Oman — Oman hired Carlos Queiroz as its national-team coach Tuesday ahead of autumn games that will determine if the country advances to the World Cup for the first time. The veteran Portuguese tactician led Iran into the 2014 and 2018 World Cups and will take over with immediate effect.
