IBOV 172,496.87 ▲ 0.68% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.40% USD/MXN18.61▼ 0.09% USD/CLP984.48▲ 0.03% USD/COP3,289▲ 0.46% USD/PEN3.41▼ 0.04% USD/ARS1,547▲ 0.09% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 0.92% USD/DOP60.70▲ 0.50% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.33% USD/TTD6.72▲ 2.23% EUR/BRL6.17▼ 0.08% BRENT 94.04 ▲ 2.79% WTI 88.26 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.32% GOLD 4,011 ▼ 0.47% SILVER 52.24 ▲ 2.23% SOY 1,229 ▲ 0.35% CORN 445.50 ▼ 0.78% WHEAT 597.50 ▲ 0.80% COFFEE 265.90 ▼ 2.03% SUGAR 18.49 ▲ 2.21% ORANGE JUICE 144.20 ▼ 1.74% COTTON 82.64 ▲ 5.02% COCOA 5,041 ▲ 6.31% BEEF 219.25 ▲ 0.02% CATTLE 333.58 ▲ 0.98% LITHIUM 61.24 ▲ 2.10% PETR4 44.21 ▼ 1.65% VALE3 64.46 ▼ 0.52% ITUB4 41.79 ▲ 1.43% BBDC4 14.57 ▲ 0.21% ABEV3 15.80 ▲ 0.06% BBAS3 17.15 ▲ 0.29% B3SA3 14.81 ▲ 2.28% WEGE3 51.37 ▲ 0.82% PRIO3 61.58 ▲ 2.60% SUZB3 54.35 ▼ 0.20% RENT3 30.50 ▲ 2.38% AZZA3 15.14 ▲ 2.78% CSAN3 2.85 ▲ 6.34% RAIZ4 0.30 ▼ 98.77% PCAR3 2.57 ▲ 0.39% GMAT3 3.96 ▲ 3.94% PSSA3 46.40 ▼ 0.58% CVCB3 0.89 ▲ 3.49% POSI3 3.26 ▲ 3.49% SLCE3 17.12 ▲ 0.18% NATU3 5.61 ▲ 1.08% BRKM5 2.98 ▲ 2.05% RANI3 8.48 ▲ 0.36% CSNA3 4.46 ▲ 1.83% IBOV 172,496.87 ▲ 0.68% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.40% USD/MXN 18.60 ▼ 0.13% USD/CLP 984.36 ▲ 0.01% USD/COP 3,287 ▲ 0.39% USD/PEN 3.41 ▼ 0.06% USD/ARS 1,547 ▲ 0.09% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 1.84% USD/BOB 11.63 ▲ 0.92% USD/DOP 60.70 ▲ 0.50% USD/CRC 446.01 ▲ 1.66% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.33% USD/TTD 6.72 ▲ 2.23% EUR/BRL 6.17 ▼ 0.11% BRENT 94.04 ▲ 2.79% WTI 88.26 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.32% GOLD 4,011 ▼ 0.47% SILVER 52.24 ▲ 2.23% SOY 1,229 ▲ 0.35% CORN 445.50 ▼ 0.78% WHEAT 597.50 ▲ 0.80% COFFEE 265.90 ▼ 2.03% SUGAR 18.49 ▲ 2.21% ORANGE JUICE 144.20 ▼ 1.74% COTTON 82.64 ▲ 5.02% COCOA 5,041 ▲ 6.31% BEEF 219.25 ▲ 0.02% CATTLE 333.58 ▲ 0.98% LITHIUM 61.24 ▲ 2.10% PETR4 44.21 ▼ 1.65% VALE3 64.46 ▼ 0.52% ITUB4 41.79 ▲ 1.43% BBDC4 14.57 ▲ 0.21% ABEV3 15.80 ▲ 0.06% BBAS3 17.15 ▲ 0.29% B3SA3 14.81 ▲ 2.28% WEGE3 51.37 ▲ 0.82% PRIO3 61.58 ▲ 2.60% SUZB3 54.35 ▼ 0.20% RENT3 30.50 ▲ 2.38% AZZA3 15.14 ▲ 2.78% CSAN3 2.85 ▲ 6.34% RAIZ4 0.30 ▼ 98.77% PCAR3 2.57 ▲ 0.39% GMAT3 3.96 ▲ 3.94% PSSA3 46.40 ▼ 0.58% CVCB3 0.89 ▲ 3.49% POSI3 3.26 ▲ 3.49% SLCE3 17.12 ▲ 0.18% NATU3 5.61 ▲ 1.08% BRKM5 2.98 ▲ 2.05% RANI3 8.48 ▲ 0.36% CSNA3 4.46 ▲ 1.83%
since 2009
Wednesday, November 11, 2026

Lusophone World Europe and Russia

Portugal Sets Early Elections for 2024

By · · 2 min read

Portugal’s President, Marcelo Rebelo de Sousa, has moved up the parliamentary elections to March 10, 2024.

This change follows the resignation of Prime Minister António Costa. Costa stepped down amid claims of corruption.

President Sousa announced this decision on TV. He spoke after meeting with the Council of State.

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The President said this early election aims to bring clear direction to Portugal. This need arose after the political upset caused by Costa’s departure.

The President plans to dissolve the Parliament. This step is to prepare for the early elections.

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He stressed the importance of maintaining economic and social stability. This stability is assured by the already approved State Budget for 2024.

On October 31, Portugal’s Parliament approved the initial draft of the 2024 budget. The final vote on this budget is set for November 29.

President Sousa thanked Costa for his service. He hopes for a clear understanding of the corruption allegations against Costa in time.

The President emphasized the budget’s role. He said it meets the needs of many in Portugal.

It also supports the ongoing Recovery and Resilience Plan. This plan is crucial, despite the government change or Parliament’s dissolution.

Portugal Sets Early Elections for 2024.
Portugal Sets Early Elections for 2024.
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This week, an investigation into Costa’s actions was revealed. It involves alleged corruption in lithium and hydrogen contract dealings.

These allegations led to Costa’s resignation. The inquiry includes nine suspects, with five already in custody.

Background

Historically, Portugal has seen stable governance. The country returned to democracy in 1974 after a long dictatorship.

Since then, it has maintained a parliamentary republic system. This system relies on regular, free elections.

The President’s role is largely ceremonial, but he can call elections. The Prime Minister, chosen from the parliament, runs the government.

Recent years have seen economic growth in Portugal. However, political scandals have occasionally shaken public trust.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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