The booming, oil-rich African country of Angola has become a refuge for Portugal's jobless, while Luanda's elite take advantage of EU troubles to buy up property in LisbonPungent cigar smoke drifts across the veranda at one of Luanda's upmarket beachside restaurants. It is Saturday afternoon and four Portuguese men are lounging with drinks, savouring the good life and rubbing shoulders with a nascent local elite. "The Angolans have money and we need it," muses José Luis Sousa, 47, who moved here four years ago and co-owns a printing company. ... (more)

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