IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.30% USD/MXN17.40▼ 0.06% USD/CLP935.37▼ 0.04% USD/COP3,202▼ 1.65% USD/PEN 3.40 — 0.00% USD/ARS1,479▲ 0.08% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.87% BRENT 94.02 ▲ 3.31% WTI 86.97 ▲ 2.43% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.07% GOLD 4,154 ▲ 2.04% SILVER 60.72 ▲ 3.20% SOY 1,235 ▲ 1.25% CORN 484.00 ▲ 6.90% WHEAT 702.25 ▲ 3.58% COFFEE 317.30 ▼ 4.41% SUGAR 14.79 ▼ 0.60% ORANGE JUICE 146.60 ▲ 1.95% COTTON 80.43 ▲ 1.86% COCOA 5,412 ▼ 3.48% BEEF 219.50 ▼ 3.17% CATTLE 336.70 ▼ 3.68% LITHIUM 69.37 ▲ 0.42% PETR4 42.61 ▲ 2.28% VALE3 74.32 ▲ 2.88% ITUB4 42.56 ▲ 0.07% BBDC4 18.64 ▲ 0.49% ABEV3 16.06 ▲ 1.65% BBAS3 20.81 ▼ 0.34% B3SA3 15.54 ▲ 2.44% WEGE3 46.38 ▲ 9.21% PRIO3 59.59 ▲ 2.42% SUZB3 42.40 ▲ 1.85% RENT3 36.82 ▲ 0.74% AZZA3 17.49 ▲ 0.06% CSAN3 3.90 ▲ 3.17% RAIZ4 0.27 — 0.00% PCAR3 2.69 ▼ 1.47% GMAT3 3.85 ▲ 0.52% PSSA3 54.54 ▲ 1.98% CVCB3 1.22 ▲ 8.93% POSI3 3.69 ▲ 0.27% SLCE3 13.85 ▲ 0.73% NATU3 8.78 ▲ 0.80% BRKM5 6.04 ▲ 5.78% RANI3 7.99 ▲ 1.27% CSNA3 5.26 ▲ 3.95% CMIN3 5.84 ▲ 4.66% USIM5 8.55 ▲ 1.06% GGBR4 23.75 ▲ 1.11% ENEV3 25.57 ▲ 0.59% CPFE3 46.53 ▲ 0.28% CMIG4 11.09 ▲ 0.64% EQTL3 38.86 ▲ 0.08% LREN3 13.46 ▲ 1.43% VIVT3 35.86 ▲ 0.17% RAIL3 13.57 ▲ 2.49% KLABIN 17.86 ▲ 1.54% RAIA DROGASIL 18.18 ▲ 0.28% RDOR3 34.02 ▲ 0.29% HAPV3 11.43 ▲ 1.69% FLRY3 16.66 ▲ 0.66% SMTO3 15.97 ▲ 2.50% UGPA3 32.39 ▲ 1.79% VBBR3 34.42 ▲ 1.38% BBSE3 41.96 ▲ 0.99% BPAC11 56.08 ▲ 1.28% CURY3 30.08 ▲ 0.43% AERI3 2.06 ▲ 0.98% VIVARA 21.25 ▼ 0.75% COMPASS 24.61 ▲ 0.70% VAMOS 3.18 ▲ 2.91% SANB11 26.69 ▼ 1.91% ASAI3 8.40 ▲ 1.82% SBSP3 28.88 ▲ 0.98% WALMEX 49.44 ▲ 0.59% GMEXICO 211.86 ▲ 1.38% FEMSA 229.73 ▲ 1.32% CEMEX 22.39 ▲ 1.45% GFNORTE 189.41 ▲ 1.94% BIMBO 60.30 ▲ 1.53% TELEVISA 9.89 ▲ 1.33% AMX 22.80 ▲ 0.18% GAP 382.28 ▲ 0.99% ASUR 272.74 ▼ 0.81% OMA 232.18 ▲ 2.62% KOF 184.10 ▲ 2.01% GRUMA 282.46 ▼ 0.05% KIMBER 39.19 ▲ 2.06% SQM-B 65,892 ▲ 2.09% COPEC 6,355 ▼ 1.47% BSANTANDER 79.40 ▲ 0.49% FALABELLA 5,901 ▼ 0.31% ENELAM 84.31 ▼ 0.26% CENCOSUD 2,025 ▼ 0.13% CMPC 1,076 ▼ 0.71% BANCO CHILE 190.00 ▼ 0.01% LATAM AIR 23.97 ▼ 0.95% YPF 82,125 ▲ 1.86% GGAL 8,230 ▲ 3.33% PAMPA 5,535 ▲ 1.10% TXAR 676.00 ▼ 0.44% ALUAR 981.00 ▲ 0.82% TGS 9,845 ▲ 1.39% CEPU 2,360 ▲ 0.85% MIRGOR 16,925 ▲ 0.89% COME 43.10 ▲ 0.54% LOMA NEGRA 3,648 ▲ 1.18% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,305 ▲ 1.18% ECOPETROL 16.95 ▲ 2.51% BANCOLOMBIA 84.17 ▲ 0.63% GRUPO AVAL 5.09 — 0.00% CREDICORP 389.28 ▼ 0.47% SOUTHERN COPPER 191.44 ▲ 1.82% BUENAVENTURA 32.70 ▲ 4.64% MERCADOLIBRE 1,808 ▼ 0.80% NUBANK 14.02 ▼ 2.57% XP 16.98 ▲ 0.77% PAGSEGURO 9.47 ▼ 1.19% STONE 11.15 ▼ 0.98% GLOBANT 32.21 ▲ 0.34% TECNOGLASS 45.77 ▲ 1.36% GAP AIRPORT 219.38 ▲ 0.78% ASUR 272.74 ▼ 0.81% OMA AIRPORT 106.61 ▲ 2.28% AMX ADR 26.08 ▼ 0.04% FEMSA ADR 132.25 ▲ 1.46% CEMEX ADR 12.84 ▲ 1.10% PETROBRAS ADR 19.02 ▲ 2.59% VALE ADR 14.66 ▲ 2.84% ITAU ADR 8.41 ▲ 0.06% SANTANDER BR 5.39 ▼ 0.46% AMBEV ADR 3.16 ▲ 1.45% CSN 1.05 ▲ 5.00% GERDAU 4.71 ▲ 1.40% LATAM ADR 51.13 ▼ 0.85% BTC 65,578 ▼ 1.39% ETH 1,924 ▼ 0.25% SOL 77.41 ▼ 0.89% XRP 1.14 ▼ 0.53% BNB 570.37 ▼ 0.56% ADA 0.17 ▲ 0.38% DOGE 0.07 ▼ 1.11% AVAX 6.54 ▼ 0.33% LINK 8.64 ▼ 0.14% DOT 0.84 ▼ 1.16% LTC 46.59 ▼ 0.48% BCH 219.74 ▼ 1.77% TRX 0.33 ▼ 0.19% XLM 0.19 ▼ 1.46% HBAR 0.07 ▲ 2.92% NEAR 1.88 ▼ 3.11% ATOM 1.46 ▼ 1.55% AAVE 96.15 ▲ 0.60% SELIC 14.25% EMBRAER 84.20 ▲ 1.88% EMBRAER ADR 66.64 ▲ 1.79% JBS 12.33 ▲ 3.14% JBS BDR 62.16 ▲ 3.22% MBRF3 15.42 ▲ 2.05% MBRFY 3.00 ▲ 1.69% INTER 5.50 ▼ 1.43% EGX 53,932 ▼ 0.11% USD/ZAR16.42▼ 0.29% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.07▼ 0.06% USD/CNY6.76▼ 0.08% DAX 25,173 ▲ 0.64% CAC 8,451 ▲ 1.04% FTSE 10,748 ▲ 1.53% MIB 52,829 ▲ 1.04% IBEX 19,620 ▲ 1.24% STOXX 648.02 ▲ 0.75% EUR/USD1.14▲ 0.16% GBP/USD1.34▼ 0.38% SPX 7,500 ▼ 0.13% DJI 52,317 ▲ 0.18% NDX 29,052 ▼ 0.35% RUT 2,981 ▼ 0.22% TSX 35,677 ▲ 0.87% VIX 16.95 ▼ 0.59% USD/CAD1.41▼ 0.16% US10Y 4.6500 ▲ 0.48% IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.30% USD/MXN 17.40 ▼ 0.06% USD/CLP 935.37 ▼ 0.04% USD/COP 3,204 ▼ 1.61% USD/PEN 3.40 — 0.00% USD/ARS 1,479 ▲ 0.08% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.87% BRENT 94.02 ▲ 3.31% WTI 86.97 ▲ 2.43% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.07% GOLD 4,154 ▲ 2.04% SILVER 60.72 ▲ 3.20% SOY 1,235 ▲ 1.25% CORN 484.00 ▲ 6.90% WHEAT 702.25 ▲ 3.58% COFFEE 317.30 ▼ 4.41% SUGAR 14.79 ▼ 0.60% ORANGE JUICE 146.60 ▲ 1.95% COTTON 80.43 ▲ 1.86% COCOA 5,412 ▼ 3.48% BEEF 219.50 ▼ 3.17% CATTLE 336.70 ▼ 3.68% LITHIUM 69.37 ▲ 0.42% PETR4 42.61 ▲ 2.28% VALE3 74.32 ▲ 2.88% ITUB4 42.56 ▲ 0.07% BBDC4 18.64 ▲ 0.49% ABEV3 16.06 ▲ 1.65% BBAS3 20.81 ▼ 0.34% B3SA3 15.54 ▲ 2.44% WEGE3 46.38 ▲ 9.21% PRIO3 59.59 ▲ 2.42% SUZB3 42.40 ▲ 1.85% RENT3 36.82 ▲ 0.74% AZZA3 17.49 ▲ 0.06% CSAN3 3.90 ▲ 3.17% RAIZ4 0.27 — 0.00% PCAR3 2.69 ▼ 1.47% GMAT3 3.85 ▲ 0.52% PSSA3 54.54 ▲ 1.98% CVCB3 1.22 ▲ 8.93% POSI3 3.69 ▲ 0.27% SLCE3 13.85 ▲ 0.73% NATU3 8.78 ▲ 0.80% BRKM5 6.04 ▲ 5.78% RANI3 7.99 ▲ 1.27% CSNA3 5.26 ▲ 3.95% CMIN3 5.84 ▲ 4.66% USIM5 8.55 ▲ 1.06% GGBR4 23.75 ▲ 1.11% ENEV3 25.57 ▲ 0.59% CPFE3 46.53 ▲ 0.28% CMIG4 11.09 ▲ 0.64% EQTL3 38.86 ▲ 0.08% LREN3 13.46 ▲ 1.43% VIVT3 35.86 ▲ 0.17% RAIL3 13.57 ▲ 2.49% KLABIN 17.86 ▲ 1.54% RAIA DROGASIL 18.18 ▲ 0.28% RDOR3 34.02 ▲ 0.29% HAPV3 11.43 ▲ 1.69% FLRY3 16.66 ▲ 0.66% SMTO3 15.97 ▲ 2.50% UGPA3 32.39 ▲ 1.79% VBBR3 34.42 ▲ 1.38% BBSE3 41.96 ▲ 0.99% BPAC11 56.08 ▲ 1.28% CURY3 30.08 ▲ 0.43% AERI3 2.06 ▲ 0.98% VIVARA 21.25 ▼ 0.75% COMPASS 24.61 ▲ 0.70% VAMOS 3.18 ▲ 2.91% SANB11 26.69 ▼ 1.91% ASAI3 8.40 ▲ 1.82% SBSP3 28.88 ▲ 0.98% WALMEX 49.44 ▲ 0.59% GMEXICO 211.86 ▲ 1.38% FEMSA 229.73 ▲ 1.32% CEMEX 22.39 ▲ 1.45% GFNORTE 189.41 ▲ 1.94% BIMBO 60.30 ▲ 1.53% TELEVISA 9.89 ▲ 1.33% AMX 22.80 ▲ 0.18% GAP 382.28 ▲ 0.99% ASUR 272.74 ▼ 0.81% OMA 232.18 ▲ 2.62% KOF 184.10 ▲ 2.01% GRUMA 282.46 ▼ 0.05% KIMBER 39.19 ▲ 2.06% SQM-B 65,892 ▲ 2.09% COPEC 6,355 ▼ 1.47% BSANTANDER 79.40 ▲ 0.49% FALABELLA 5,901 ▼ 0.31% ENELAM 84.31 ▼ 0.26% CENCOSUD 2,025 ▼ 0.13% CMPC 1,076 ▼ 0.71% BANCO CHILE 190.00 ▼ 0.01% LATAM AIR 23.97 ▼ 0.95% YPF 82,125 ▲ 1.86% GGAL 8,230 ▲ 3.33% PAMPA 5,535 ▲ 1.10% TXAR 676.00 ▼ 0.44% ALUAR 981.00 ▲ 0.82% TGS 9,845 ▲ 1.39% CEPU 2,360 ▲ 0.85% MIRGOR 16,925 ▲ 0.89% COME 43.10 ▲ 0.54% LOMA NEGRA 3,648 ▲ 1.18% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,305 ▲ 1.18% ECOPETROL 16.95 ▲ 2.51% BANCOLOMBIA 84.17 ▲ 0.63% GRUPO AVAL 5.09 — 0.00% CREDICORP 389.28 ▼ 0.47% SOUTHERN COPPER 191.44 ▲ 1.82% BUENAVENTURA 32.70 ▲ 4.64% MERCADOLIBRE 1,808 ▼ 0.80% NUBANK 14.02 ▼ 2.57% XP 16.98 ▲ 0.77% PAGSEGURO 9.47 ▼ 1.19% STONE 11.15 ▼ 0.98% GLOBANT 32.21 ▲ 0.34% TECNOGLASS 45.77 ▲ 1.36% GAP AIRPORT 219.38 ▲ 0.78% ASUR 272.74 ▼ 0.81% OMA AIRPORT 106.61 ▲ 2.28% AMX ADR 26.08 ▼ 0.04% FEMSA ADR 132.25 ▲ 1.46% CEMEX ADR 12.84 ▲ 1.10% PETROBRAS ADR 19.02 ▲ 2.59% VALE ADR 14.66 ▲ 2.84% ITAU ADR 8.41 ▲ 0.06% SANTANDER BR 5.39 ▼ 0.46% AMBEV ADR 3.16 ▲ 1.45% CSN 1.05 ▲ 5.00% GERDAU 4.71 ▲ 1.40% LATAM ADR 51.13 ▼ 0.85% BTC 65,578 ▼ 1.39% ETH 1,924 ▼ 0.25% SOL 77.41 ▼ 0.89% XRP 1.14 ▼ 0.53% BNB 570.37 ▼ 0.56% ADA 0.17 ▲ 0.38% DOGE 0.07 ▼ 1.11% AVAX 6.54 ▼ 0.33% LINK 8.64 ▼ 0.14% DOT 0.84 ▼ 1.16% LTC 46.59 ▼ 0.48% BCH 219.74 ▼ 1.77% TRX 0.33 ▼ 0.19% XLM 0.19 ▼ 1.46% HBAR 0.07 ▲ 2.92% NEAR 1.88 ▼ 3.11% ATOM 1.46 ▼ 1.55% AAVE 96.15 ▲ 0.60% SELIC 14.25% EMBRAER 84.20 ▲ 1.88% EMBRAER ADR 66.64 ▲ 1.79% JBS 12.33 ▲ 3.14% JBS BDR 62.16 ▲ 3.22% MBRF3 15.42 ▲ 2.05% MBRFY 3.00 ▲ 1.69% INTER 5.50 ▼ 1.43% EGX 53,932 ▼ 0.11% USD/ZAR 16.42 ▼ 0.21% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.07 ▼ 0.04% USD/CNY 6.7608 ▲ 0.06% DAX 25,173 ▲ 0.64% CAC 8,451 ▲ 1.04% FTSE 10,748 ▲ 1.53% MIB 52,829 ▲ 1.04% IBEX 19,620 ▲ 1.24% STOXX 648.02 ▲ 0.75% EUR/USD 1.1414 ▲ 0.09% GBP/USD 1.3383 ▲ 0.03% SPX 7,500 ▼ 0.13% DJI 52,317 ▲ 0.18% NDX 29,052 ▼ 0.35% RUT 2,981 ▼ 0.22% TSX 35,677 ▲ 0.87% VIX 16.95 ▼ 0.59% USD/CAD 1.4081 ▼ 0.18% US10Y 4.6500 ▲ 0.48%
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Lusophone World Europe and Russia

Portugal Confronts Its Colonial Past

By · April 24, 2024 · 2 min read

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On Tuesday evening, Portuguese President Marcelo Rebelo de Sousa addressed international journalists, recognizing Portugal’s difficult history.

Over four centuries, European traders, including those from Portugal, participated in the transatlantic slave trade.

They forcibly removed at least 12.5 million Africans from their homeland.

These individuals were transported under brutal conditions, sold into slavery across the Americas—predominantly in Brazil and the Caribbean.

The survivors toiled on plantations, generating wealth they would never enjoy.

Portugal’s role was significant, responsible for nearly 6 million of these souls, more than any other European country.

Yet, this aspect of Portuguese history has often been glossed over in schools and even celebrated as a point of pride.

Portugal Confronts Its Colonial Past. (Photo Internet reproduction)
Portugal Confronts Its Colonial Past. (Photo Internet reproduction)
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The president’s speech marked a pivotal moment in addressing these injustices.

Rebelo de Sousa’s words were clear: Portugal must fully accept responsibility for these atrocities, including the colonial massacres.

“We must bear the costs,” he emphasized, challenging the nation to consider whether justice had been served and if stolen goods were ever returned.

His call to action reflects a growing global movement towards reparations and other forms of amends for the horrors of slavery.

Activists have long argued that reparations are essential not only as a matter of justice but also to address ongoing inequalities rooted in this grim past.

The president previously hinted at the need for an apology for Portugal’s involvement in these crimes.

Portugal Confronts Its Colonial Past

However, he now stresses that mere apologies are insufficient—recognition and responsibility are key.

Rebelo de Sousa’s commitment to confronting these historical wounds suggests a new chapter for Portugal.

As nations worldwide grapple with similar legacies, Portugal’s journey offers a beacon of hope for truth and reconciliation.

This acknowledgment, though long overdue, sets a foundation for healing and a more equitable future.

The new center-right government in Portugal, led by Prime Minister Luís Montenegro from the Social Democratic Party (PSD), has not yet publicly reacted specifically to this comments.

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