

The second event was the collapse of our bank. When I say our bank, I mean that we kept some of our savings there. It was a regular British bank, formerly a building society. And like lots of other banks, it dabbled in the disastrous US mortgage market and got screwed by the credit crunch. Last Friday it was trading as normal, although its share price was plummeting. By Monday it was history, subsumed after frantic weekend negotiations into a rival, which had itself already been swallowed up by a bigger bank in an earlier take-over.
The authorities hastened to assure depositors that their money was safe. We remained somewhat edgy because, to avoid double taxation of interest, we have placed our deposits offshore, beyond any assurance of government guarantees. Depositors are being reassured that their savings are safe and urged to leave their money where it is.

Speaking of which, Ermenio has brought us tomatoes, pears and grapes to thank us for our carob contributions. We are feasting on fruit. The most delicious figs are still available for the plucking; Jones filled a bucket with plums that had fallen from an orchard along the road to Benafim. The owner waved his approval and reluctantly accepted the 5-euro note that we proferred in payment.

We have completed Terry’s Terrace, an extension that transforms a former rubble bank beside the house into an attractive feature. We backfilled the terrace with stones and covered these with gravel, giving Jones another place to sit. Jones likes lots of places to sit. Ask her why she wants a particular feature in the garden and she’ll tell you it will be a place to sit. We’ll put a garden bench on Terry’s Terrace as soon as I’ve given the benches their annual rub and varnish. After that, we’ll leave the overhanging olive tree to resurface the terrace with olive pips. Although the tree is beautiful and much appreciated, it’s ungrafted and its olives uninviting.

On Thursday we took the car into Honda in Faro, who checked it over and replaced some expensive worn parts before taking it for its annual inspection. Anna, the workshop boss, assured me that the car would otherwise have failed and, a little unwillingly, I believed her. As I tell Jones, the CRV is now 8 years old; given the decline of the pound sterling, we’re unlikely to replace the car soon, and it makes sense to maintain it well. It’s given us great service.
These annual checks are taken seriously. Inspectors plug the car into a lot of computerised high-teckery that reveals the least failing. In principle, I’m in favour. In a further attempt to make the roads safer, the authorities have introduced legislation that requires drivers to renew their licences at 50, 60 and 65 and regularly thereafter. Such “elderly” motorists have to present a medical certificate saying they’re fit to drive – never mind that they present little danger to their fellows.
Our return home from Faro was marred by two accidents on the motorway. There was nearly a third, on the approach to a village, when a truck driver slammed on brakes to avoid hitting a van that had stopped for a speed-triggered red traffic light. Whether the truck driver had failed to see the red light or whether he was simply astonished that anybody would actually stop for one, is hard to know.
On our Friday morning walk around the hill (75 mins) we ran into the big yellow machines that have been grinding up and down the road to the river - more accurately, to the river bed!

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