Every 10th day of June, the Portuguese celebrate their national holiday known as Dia de Portugal in the native tongue. The rest of the world recognizes this momentous occasion as Portugal Day. This date commemorates the death of Luís de Camões, a significant figure in the history of Portugal. Camões is best known for his work on Lusiadas, the national epic poem of Portugal that celebrates the nation’s successes and rich history. Although this holiday is only celebrated officially in the homeland, Portuguese citizens from other countries such as India, Brazil, Canada, and other European nations also honor Portugal Day.
The Lusiadas is an epic poem that depicts the achievements of the Portuguese in world explorations in the 16th century. Portugal played an important role in the discovery of the new world during this century and their accomplishments have definitely put this European country on the map. In fact, legendary voyager Ferdinand Magellan hails from this proud nation. Camões’ poem captures the essence of this golden era for the Portuguese as it remains as one of the finest and most relevant works in Portuguese literature.
A monument built in memory of Luís de Camões stands proudly in one of the busy streets of beautiful Lisbon, the country’s capital city. It immortalizes the character of Portugal’s national poet and is able to aptly represent the person that he was. Luís de Camões was known to be an adventurer. Among his many escapades include surviving a shipwreck in the region of Cochinchina (now known as Vietnam), and losing an eye while in battle in Ceuta. Legend has it that in order to save the Lusiadas, Camões had to keep it afloat with one of his hands, while he used his other arm to swim through the unforgiving waters of the region’s seas. His patriotism and bravery are just a few of the qualities Luís de Camões had that made the nation chose to celebrate Portugal Day in his honor.
Portugal was conquered by Spain in the year 1580. It is quite ironic that the nation lost its independence in the year that saw the death of Camões. Three generations and sixty years of Spanish rule after, Portugal regained its independence in Decmber 1, 1640. Since then, the country’s national day was established and subsequently celebrated on June 10. It is because of uncertainties on Camões’ birth date that Portugal Day was established to commemorate the hero’s death.
Latest news about Day of Portugal
NZD/USD Range Contingent On Dovish RBNZ (Daily FX via Yahoo! Finance)
Today’s bounce from the 200-Day SMA could be a sign that upside potential is increasing, especially considering the level of concern during early trading. Credit rating agency Fitch placed Portugal on a negative watch list which reignited concerns that the credit issues in Greece could develop into a contagion for the region.
9 Mar 2010, 12:36 pm | click here to view more
German Bonds Rise as Stocks Fall, Fitch Raises Portugal Concern (Bloomberg)
March 9 (Bloomberg) -- German bunds rose for the first day in three as disappointing corporate earnings drove stock markets lower and Fitch Ratings said it may clip Portugal’s credit rating, stoking demand for the safest assets.
9 Mar 2010, 12:23 pm | click here to view more
European Stocks Decline for Second Day; EADS, Kazakhmys Slip (Bloomberg)
March 9 (Bloomberg) -- European stocks dropped for a second day as European Aeronautic, Defence & Space Co. reported results that missed estimates and mining companies declined with metals.
9 Mar 2010, 10:56 am | click here to view more
German Bonds Rise on Falling Stocks, Portugal Concern (Correct) (Bloomberg)
(Corrects direction of Greek yield in 10th paragraph.) March 9 (Bloomberg) -- German bunds rose for the first day in three as disappointing corporate earnings drove stock markets lower and Fitch Ratings said it may clip Portugal’s credit rating, stoking demand for the safest assets.
9 Mar 2010, 10:23 am | click here to view more
Vermeulen doubtful for Portimao (Crash.Net via Yahoo! UK & Ireland Sport)
Chris Vermeulen admits he is facing a race against time in order to be fit for the second round of the World Superbike Championship in Portugal after further examination of his injured knee revealed damage to the ligaments and muscles. Vermeulen underwent an MRI scan in Australia following his accident during the second race of the day, the former MotoGP rider falling at high-speed on the run up ...
10 Mar 2010, 7:50 am | click here to view more
A look at global economic developments (San Francisco Chronicle)
A look at economic developments and activity in major stock markets around the world Wednesday: ___ BEIJING _ China's exports surged in February in a new sign of growing global demand that could help persuade officials to let the Chinese currency rise.... China - People's Republic of China - Asia - BEIJING - Export
10 Mar 2010, 1:16 pm | click here to view more
A look at economic developments and activity in major stock markets around the world (Minneapolis-St. Paul Star Tribune)
BEIJING — China's exports surged in February in a new sign of growing global demand that could help persuade officials to let the Chinese currency rise.
10 Mar 2010, 12:58 pm | click here to view more
Bunds Fall After Sale of Two-Year Notes, Portuguese Auction (Bloomberg)
March 10 (Bloomberg) -- German bonds declined after the nation sold 5 billion euros of two-year notes and Portugal’s larger-than-planned securities auction helped reduce the appeal of the safest debt.
10 Mar 2010, 11:37 am | click here to view more
Dollar Gives Ground as Chinese Exports Jump (ABC News)
Dollar gives back some gains as Chinese exports jump, Portugal sells bonds Portugal - Travel and Tourism - China - Arts and Entertainment - Greece
10 Mar 2010, 11:16 am | click here to view more
Dollar gives back some gains as Chinese exports jump, Portugal sells bonds (Minneapolis-St. Paul Star Tribune)
NEW YORK - The dollar gave back some gains Wednesday as a big jump in Chinese exports last month suggested global demand for goods is rising, while Portugal's successful bond sale helped calm some worries over budget problems facing several European countries.
10 Mar 2010, 10:58 am | click here to view more
