Estado Novo (Portugal)
King Carlos I of Portugal confirmed colonial treaties of the 19th century that stabilized the situation in Portuguese Africa. These agreements were, however, unpopular in Portugal, where they were seen as being to the disadvantage of the country. In addition, Portugal was declared bankrupt twice—first on 14 June 1892 and again on 10 May 1902—causing industrial disturbances, socialist and republican antagonism, and press criticism of the monarchy. Carlos responded by appointing João Franco as Prime Minister and subsequently accepting Parliament's dissolution. In 1908, Carlos I was assassinated in Lisbon. The Portuguese monarchy lasted until 1910 when, through the 5 October revolution, it was overthrown and Portugal was proclaimed a republic. The overthrow of the Portuguese monarchy in 1910 led to a 16-year struggle to sustain parliamentary democracy under republicanism – the Portuguese First Republic (1910–1926).
Manuel I of Portugal
Dom Manuel I (; 31 May 1469 – 13 December 1521), the Fortunate (Port. ""), King of Portugal and the Algarves, was the son of Ferdinand, Duke of Viseu, by his wife, the Infanta Beatrice of Portugal. His name is associated with a period of Portuguese history distinguished by significant achievements both in political affairs and in the arts. In spite of Portugal’s small size and population in comparison to the great European land powers of France, Italy and even Spain, the classical Portuguese "Armada" was the largest in the world at the time. During Manuel's reign Portugal was able to acquire an overseas empire of vast proportions, the first in world history to reach global dimensions. The landmark symbol of the period was the Portuguese discovery of Brazil and the South American subcontinent in April 1500.