IBOV 172,744.02 ▲ 0.82% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.43% USD/MXN18.68▲ 0.32% USD/CLP983.43▼ 0.08% USD/COP3,293▲ 0.58% USD/PEN3.41▲ 0.01% USD/ARS1,548▲ 0.15% USD/UYU40.43▲ 3.52% USD/PYG6,196▲ 2.20% USD/BOB11.65▲ 1.09% USD/DOP60.84▲ 0.73% USD/CRC445.62▲ 1.24% USD/GTQ7.63▲ 3.12% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.46% USD/TTD6.73▲ 2.46% EUR/BRL6.18▼ 0.02% BRENT 92.39 ▲ 0.98% WTI 86.90 ▲ 1.00% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.19% GOLD 4,043 ▲ 0.32% SILVER 52.68 ▲ 3.08% SOY 1,226 ▲ 0.14% CORN 446.50 ▼ 0.56% WHEAT 596.25 ▲ 0.59% COFFEE 262.95 ▼ 3.11% SUGAR 18.29 ▲ 1.11% ORANGE JUICE 145.05 ▼ 1.16% COTTON 82.64 ▲ 5.02% COCOA 4,990 ▲ 5.23% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 43.66 ▼ 2.87% VALE3 65.19 ▲ 0.60% ITUB4 41.85 ▲ 1.58% BBDC4 14.76 ▲ 1.51% ABEV3 15.82 ▲ 0.19% BBAS3 17.21 ▲ 0.64% B3SA3 14.82 ▲ 2.35% WEGE3 51.37 ▲ 0.82% PRIO3 61.56 ▲ 2.57% SUZB3 54.35 ▼ 0.20% RENT3 30.28 ▲ 1.64% AZZA3 15.10 ▲ 2.51% CSAN3 2.82 ▲ 5.22% RAIZ4 0.30 ▼ 98.77% PCAR3 2.55 ▼ 0.39% GMAT3 3.96 ▲ 3.94% PSSA3 46.48 ▼ 0.41% CVCB3 0.88 ▲ 2.33% POSI3 3.29 ▲ 4.44% SLCE3 17.17 ▲ 0.47% NATU3 5.62 ▲ 1.26% BRKM5 2.98 ▲ 2.05% RANI3 8.48 ▲ 0.36% CSNA3 4.45 ▲ 1.60% IBOV 172,744.02 ▲ 0.82% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.42% USD/MXN 18.68 ▲ 0.29% USD/CLP 983.63 ▼ 0.06% USD/COP 3,291 ▲ 0.51% USD/PEN 3.41 ▲ 0.01% USD/ARS 1,548 ▲ 0.15% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 2.20% USD/BOB 11.65 ▲ 1.09% USD/DOP 60.84 ▲ 0.73% USD/CRC 445.62 ▲ 1.58% USD/GTQ 7.63 ▲ 3.12% USD/HNL 26.89 ▲ 0.13% 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 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.18 ▼ 0.02% BRENT 92.39 ▲ 0.98% WTI 86.90 ▲ 1.00% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.19% GOLD 4,043 ▲ 0.32% SILVER 52.68 ▲ 3.08% SOY 1,226 ▲ 0.14% CORN 446.50 ▼ 0.56% WHEAT 596.25 ▲ 0.59% COFFEE 262.95 ▼ 3.11% SUGAR 18.29 ▲ 1.11% ORANGE JUICE 145.05 ▼ 1.16% COTTON 82.64 ▲ 5.02% COCOA 4,990 ▲ 5.23% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 43.66 ▼ 2.87% VALE3 65.19 ▲ 0.60% ITUB4 41.85 ▲ 1.58% BBDC4 14.76 ▲ 1.51% ABEV3 15.82 ▲ 0.19% BBAS3 17.21 ▲ 0.64% B3SA3 14.82 ▲ 2.35% WEGE3 51.37 ▲ 0.82% PRIO3 61.56 ▲ 2.57% SUZB3 54.35 ▼ 0.20% RENT3 30.28 ▲ 1.64% AZZA3 15.10 ▲ 2.51% CSAN3 2.82 ▲ 5.22% RAIZ4 0.30 ▼ 98.77% PCAR3 2.55 ▼ 0.39% GMAT3 3.96 ▲ 3.94% PSSA3 46.48 ▼ 0.41% CVCB3 0.88 ▲ 2.33% POSI3 3.29 ▲ 4.44% SLCE3 17.17 ▲ 0.47% NATU3 5.62 ▲ 1.26% BRKM5 2.98 ▲ 2.05% RANI3 8.48 ▲ 0.36% CSNA3 4.45 ▲ 1.60%
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Wednesday, November 11, 2026

Lusophone World Europe and Russia

Portugal Confronts Its Colonial Past

By · · 2 min read

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.

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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.

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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.
Portugal Confronts Its Colonial Past.
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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.

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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