Brazil

Wednesday, November 2nd 2022 - 10:11 UTC
Maersk and MSC accused in Brazil of abusing their dominating position in the container business

The Brazilian Association of Port Terminals (ABTP) – a group representing 73 port companies across 235 terminals in Brazil – filed a legal request at Brazil’s Administrative Economic Defense Council (CADE) to investigate Maersk and MSC’s impact on the port market. ABTP accuses the two companies of abusing their domination in the maritime transport of containers business to favor their own terminals, raising costs and reducing options for the flow of cargo in Brazil.
Tuesday, November 1st 2022 - 20:11 UTC
Bolsonaro avoids talking about defeat and his team announces start of transition to Lula

Brazilian President Jair Bolsonaro's team will start the transition process with authorities from Luiz Inácio Lula Da Silva's Workers' Party even though he did not expressly admit he was beaten in last Sunday's runoff.
Tuesday, November 1st 2022 - 10:55 UTC
What will Bolsonaro and his followers do regarding Lula's win?

One day after losing the elections, President Jair Bolsonaro's “deafening” silence has Brazilians baffled about his intentions as some of his followers have staged road blockades urging the citizenry to rise against what they claim was electoral fraud.
Tuesday, November 1st 2022 - 10:00 UTC
Argentine drought will force Brazil to purchase wheat in non-Mercosur suppliers

Brazil will need alternative wheat sources because Argentina, its traditional supplier, is facing a serious crop insufficiency as a result of a serious drought that has curtailed production and compromised export volumes. Market analysts expect Brazil will thus have to look for supplies in potential providers such as the United States, Canada and even Russia.
Monday, October 31st 2022 - 22:20 UTC
Lula welcomes “Comrade” President Alberto Fernández in Sao Paulo

Argentine President Alberto Fernández met in Sao Paulo Monday afternoon with Brazil's President-elect Luiz Inácio Lula Da Silva to celebrate the latter's victory in Sunday's runoff.
Monday, October 31st 2022 - 10:53 UTC
Lula is back as president of Brazil after narrowly defeating Bolsonaro

Former president Luiz Inácio Lula da Silva will return to power in Brazil for the third time after defeating incumbent head of State Jair Bolsonaro in the ballot by a very narrow margin, reflecting a huge division in the South American giant.
Monday, October 31st 2022 - 10:37 UTC
Bolsonaro mum after defeat

Brazilian President Jair Bolsonaro was nowhere to be found Sunday evening after his loss to the former head of state Luiz Inácio Lula Da Silva was confirmed by the Superior Electoral Court (TSE).
Monday, October 31st 2022 - 10:37 UTC
Rishi Sunak congratulates Lula: “I look forward to working together on the issues that matter”

United Kingdom's new Prime Minister, Rishi Sunak, congratulated elected-president Luiz Inacio Lula da Silva on his victory in Brazil's election against incumbent president Jair Bolsonaro, saying he looked forward to coordinating on issues including protecting the planet's natural resources.
Monday, October 31st 2022 - 09:52 UTC
Lula: Hunger top priority of his third government

Former Brazilian President Luiz Inácio Lula Da Silva (2003-2010), who for elected Sunday for a third term in office starting Jan 1, 2023, said in his victory speech that he would run the country for all Brazilians, not just those who voted for him.
Saturday, October 29th 2022 - 10:47 UTC
TSE greenlights additional troop deployments ahead of Brazil's runoffs

Brazil's Superior Electoral Court (TSE) Friday authorized the deployment of federal troops to 165 more cities for next Sunday's presidential runoff pitting the incumbent Jair Bolsonaro against the former head of state Luiz Inácio Lula Da Silva. The TSE had already authorized troops to be sent to another 80 cities.