Marketplace®

Daily business news and economic stories
Jan 31, 2022

Snap-election victory gives Portugal’s Socialist Party power over post-pandemic recovery funds

From the BBC World Service: A snap election gives Portuguese Prime Minister Antonio Costa’s party a new public mandate to oversee the country’s post-pandemic economic recovery. Plus, how a Chinese crackdown on capital outflows is hitting the world’s biggest gambling hub. 

Download
A woman casts her ballot at the Estrela polling station in Lisbon on January 30, 2022. - Portugal voted today in a close-fought election, with no party expected to garner a majority in parliament in a fragmented political landscape that could see the far right make huge gains. (Photo by PATRICIA DE MELO MOREIRA / AFP) (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images)
A woman casts her ballot at the Estrela polling station in Lisbon on January 30, 2022. - Portugal voted today in a close-fought election, with no party expected to garner a majority in parliament in a fragmented political landscape that could see the far right make huge gains. (Photo by PATRICIA DE MELO MOREIRA / AFP) (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images)

Subscribe:

The Team