U.S. Dollar Gains as Euro Falls on European Inflation Data
On Tuesday, the U.S. dollar strengthened against major peers, while the euro fell following slower-than-expected inflation in Europe. Market movements...
Portugal’s centre-right Democratic Alliance (AD), led by Prime Minister Luis Montenegro, has won the country’s third parliamentary election in as many years, but once again failed to secure a majority, setting the stage for further political uncertainty.
With all domestic votes counted, the AD secured 89 seats in the 230-seat parliament—nine more than its previous tally, yet still well short of the 116 needed for a majority.
Addressing supporters in Lisbon, Montenegro framed the result as a renewed mandate despite lacking a majority:
“The Portuguese don’t want any more snap elections, they want a four-year legislature,” he said, while his backers chanted “Let Luis work,” his campaign slogan.
The election, triggered after Montenegro's minority government lost a vote of confidence in March, marked another chapter in Portugal’s turbulent political cycle. The confidence vote was prompted by allegations regarding Montenegro’s ties to his family’s consultancy firm - accusations he has denied.
Chega Surges, Socialists Weaken
The far-right Chega party, led by Andre Ventura, surged to a historic 58 seats, matching the tally of the once-dominant Socialist Party (PS), which fell from 78 seats. The Socialists’ sharp decline led Pedro Nuno Santos to announce his resignation as party leader.
Overseas votes—still to be counted—could elevate Chega into second place, marking the first time in nearly four decades the Socialists might not finish in the top two.
“We didn’t win this election, but we’ve made history,” Ventura declared, as jubilant supporters cheered. Chega has notably made inroads in traditional left-leaning areas, including the southern Beja district.
Coalition Conundrum
Montenegro has ruled out any coalition with Chega, citing stark ideological differences. Without Chega’s support, AD will need to negotiate support on a case-by-case basis or form a rare grand coalition with the Socialists, a move some analysts suggest might be necessary to ensure stability.
“Bipartisanship is over,” said political scientist Adelino Maltez, urging mainstream parties to consider cooperation to avoid further political gridlock.
Implications for Governance
Despite strong economic performance in recent years—marked by solid growth, budget surpluses, and falling debt—Portugal’s political landscape remains fragile. Continued instability could delay major reforms and projects, such as the privatization of TAP Air Portugal and expansion of lithium mining in the north.
Public concern remains high.
“I fear more uncertainty ahead,” said Irene Medeiros, 77, outside a polling station in Espinho. “We’ve seen this before, and we may see it again.”
As Portugal waits for overseas ballots and coalition negotiations to unfold, its political future remains uncertain—even as the electorate sends a clear message: no party can go it alone.
Germany’s foreign intelligence service secretly monitored the telephone communications of former U.S. President Barack Obama for several years, including calls made aboard Air Force One, according to an investigation by the German newspaper Die Zeit.
Israeli media report that Israeli Prime Minister Benjamin Netanyahu chaired a lengthy security meeting that reportedly focused on the country’s regional threats, including Gaza, Lebanon, and Iran.
U.S. President Donald Trump said on Sunday (4 January) that the United States could carry out further military action in Venezuela following the capture of President Nicolás Maduro. Speaking to reporters aboard Air Force One, he said Washington now effectively controls the country.
At the end of last year, U.S. President Donald Trump was reported to have raised the Azerbaijan–Armenia peace agenda during a conversation with Israel’s prime minister, warning that if peace were not achieved, Washington could raise tariffs on both countries by 100 percent.
President Ilham Aliyev said 2025 has politically closed the Armenia-Azerbaijan conflict, as a Trump-era reset in U.S. ties, new transport corridors and a push into AI, renewables and defence production reshape Azerbaijan’s priorities.
U.S. President Donald Trump and his team are actively exploring options to acquire Greenland, with discussions including the potential use of the U.S. military, which is "always an option," according to a statement from the White House on Tuesday.
Leaders from the U.S. and European countries moved closer to finalising legally binding security guarantees for Ukraine following a “Coalition of the Willing” meeting in Paris on Sunday.
At least four people were killed and several others injured on Tuesday during fighting in Aleppo, northern Syria, state media reported. The government and the Kurdish-led Syrian Democratic Forces (SDF) are trading blame for the violence.
Ukrainian President Volodymyr Zelenskyy, French President Emmanuel Macron, and British Prime Minister Keir Starmer signed a declaration of intent on Tuesday outlining the future deployment of multinational forces in Ukraine.
The United States has presented Israel and Syria with a proposal for a security agreement that would establish a joint economic zone along the border, Axios reported on Tuesday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment