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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on April 25, 2025

    Featured image for article about Headlines

    LISBON (Reuters) - Portuguese riot police detained several ultra-right protesters on Friday after clashes in downtown Lisbon marred celebrations of the 51st anniversary of the Carnation Revolution, which ended a fascist dictatorship.

    Extreme-right groups such as Ergue-Te (Rise Up), Habeas Corpus and Grupo 1143 had called a rally, which city authorities banned, to protest ahead of next month's parliamentary election against growing numbers of immigrants.

    A few dozen protesters showed up at the Square of Tolerance, which is popular with immigrants from Africa and Asia, just off the Avenida da Liberdade thoroughfare where hundreds of thousands traditionally gather for the Carnation Revolution.

    They soon became embroiled in pushing and shoving with anti-fascist activists, leading police to intervene and use batons.

    Television footage showed officers in riot gear handcuffing and arresting the leader of Ergue-Te, ex-judge Rui Fonseca e Castro, prominent neo-Nazi activist and Grupo 1143 leader Mario Machado, and another protester who appeared with blood on his forehead.

    Machado has previously been jailed for assault, racial discrimination and other crimes, and has another sentence for hate speech and inciting violence to serve.

    Around 1.5 million migrants live in Portugal, about triple the number a decade ago.

    Portugal's centre-right government has toughened some immigration rules in the past year, reflecting attempts elsewhere in Europe to fend off the rise of the far-right.

    Still, the country remains relatively open to migrants, particularly from Portuguese-speaking countries in Africa and from Brazil.

    While anti-immigration sentiment is expected to play a role in an early election on May 18, far-right party Chega has been treading water in opinion polls after a surge in the previous election last year when it came third and quadrupled its parliamentary representation.

    (Reporting by Pedro Nunes and Andrei Khalip; Editing by Aidan Lewis)

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