Former Brazilian President Luiz Inácio Lula Da Silva and his economic team would push for a unified regional currency like the Euro to end South America's inclination to the US dollar should he win the Oct. 2 elections over the incumbent Jair Bolsonaro, it was reported Monday.
Facebook Inc’s fine for withholding WhatsApp messages from a drug-trafficking investigation in Brazil should be reduced to 23 million reais (US$ 5 million), a Brazilian federal appeals court ruled on Tuesday.
Former Brazilian president Lula da Silva on Friday said the country is governed by a “gang of madmen” in his first interview from prison, where he is serving an almost nine-year sentence.
Brazil’s top electoral authority said it has found irregularities in the campaign accounts of President-elect Jair Bolsonaro and gave him three days to explain. In a document published late Monday, the TSE electoral court described possible campaign donations from illegal sources, donations from unidentified donors and lack of information on how campaign funds were spent, among other issues.
Several Latin American presidents and political activists are scheduled to hold the First Forum of Critical Thinking next week in Buenos Aires, just a few days before the G20 summit which this year in being hosted by Argentina and will convene the world's leaders.
With 99.99% of votes counted, it has become evident that one third of Brazilians turned their backs on the two candidates which have polarized the presidential election and its runoff this Sunday, 28 October.
Jair Bolsonaro, a nostalgic of the Brazilian military dictatorship, has been chosen as the new president of the largest economy in Latin America after one of the most divided and tense campaigns in the history of the country obtaining 55% of the votes after the scrutiny of more than 99% of the polls.
One in Sao Paulo and the other in Rio de Janeiro; the candidates Jair Bolsonaro and Fernando Haddad cast their votes this morning with the confidence that the surveys give to Bolsonaro, and the hope of the latter to reverse this advantage, warning Bolsonaro's threat to Brazil's democracy in the most polarized presidential elections in the recent history of the country.
The ultra right candidate Jair Bolsonaro continued ahead of Fernando Haddad in the runoff for the Brazilian presidency scheduled to take place this Sunday, 28 October. According to the latest public opinion poll, released late Saturday, the ex Army captain and paratrooper had a 54% of valid votes support while the Workers Party hopeful stood at 46%, that is an eight points difference.
Brazilian stocks index, Bovespa, rose nearly 2% on Friday ahead of this weekend's presidential election, whole Brazil's Real further consolidated. The MSCI's index of emerging market stocks in the region gained 1.24%. Although, the region's markets fared better than emerging markets elsewhere, they were on track to end a five-week winning streak.