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In Europe, migration history repeats itself

Back in the days of empire have-nots used to head out to the colonies. Guess what? They are doing it again. Although the colonies are now independent, prosperous nations
Euro emigrationEnlarge
If you were a young unemployed Portuguese person moving to Rio in the former colony of Brazil must seem like a no-brainer (ANTONIO SCORZA/AFP/Getty Images)
Back in the days of empire have nots used to head out to the colonies. Guess what? They are doing it again - although the colonies are now prosperous, independent nations
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European Commission criticizes Portuguese ratings downgrade

The Commission questioned of the "appropriateness of behaviour" of international ratings agencies, which in addition to Moody's include Standard & Poor's and Fitch.

Portugal election results: Social Democrats unseat governing Socialists (VIDEO)

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Portugal asks EU for bailout

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Unrest in North Africa, the Middle East could help southern Europe's tourism industry

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