Tag: Jair Bolsonaro

• Saturday, March 30th 2019 - 08:37 UTC

  Brazilian Judge bars celebration of 1964 military coup that overthrew an elected government

  

  A judge has barred a planned celebration marking the anniversary of the 1964 Brazilian coup which overthrew the democratic government of the elected leader Joao Goulart. President Jair Bolsonaro had planned to celebrate the anniversary of the start of the military dictatorship on Sunday.

• Thursday, March 28th 2019 - 09:31 UTC

  As Bolsonaro's influence wanes, Congress more demanding and minister Guedes ready to resign

  

  Brazilian President Jair Bolsonaro and his economy minister tried to rescue their contentious pension reform bill on Wednesday, as deepening political chaos surrounding the government’s signature proposal slammed Brazilian markets.

• Thursday, March 28th 2019 - 09:27 UTC

  Foreign companies in Brazil becoming impatient with the government of Bolsonaro

  

  Swiss pharmaceutical company Roche said this week it will stop producing medicines at its Rio de Janeiro unit in Brazil, a new blow to a country whose economy appears to be in its most sluggish decade in 120 years. Roche said the move will take place within the next five years because that factory is not financially sustainable.

• Wednesday, March 27th 2019 - 08:23 UTC

  Brazilian pensions reform stumbles with first challenges; markets remain volatile

  

  Brazil's pension reform process hit two speed bumps on Tuesday, as Economy Minister Paulo Guedes did not attend a first congressional hearing on the proposals and a bloc of eleven political parties demanded the removal of changes affecting retirement benefits for rural and disabled workers.

• Wednesday, March 27th 2019 - 06:42 UTC

  Bolsonaro's decision to commemorate military coup opposed by federal prosecutors office

  

  Brazil's federal prosecutor's office on Tuesday said it was opposed to far-right President Jair Bolsonaro's plan to allow the armed forces to officially commemorate the 55th anniversary of Brazil's military coup this weekend.

• Monday, March 25th 2019 - 09:18 UTC

  Bolsonaro: Brazil owes nothing to the world regarding the environment

  

  Brazilian President Jair Bolsonaro said his country “does not owe the world anything” when it comes to the environment. The far-right leader, who is critical of the Paris climate change accord, was speaking in Chile following Friday’s launch of the Forum for the Progress of South America (PROSUR), a conservative-minded group of South American leaders.

• Friday, March 22nd 2019 - 09:40 UTC

  Brazil's central bank with new chief leaves rates unchanged; policy is determined “with caution and serenity”

  

  Brazil's interest rates remained unchanged on Wednesday after the central bank held its first monetary policy meeting under its new chief Roberto Campos Neto. The central bank's unanimous decision -- only the second since pro-business President Jair Bolsonaro took power in January on a promise to revive Latin America's biggest economy -- to keep rates at 6.5% was in line with market expectations.

• Friday, March 22nd 2019 - 09:06 UTC

  Bolsonaro wants trade to represent 30% of Brazil's GDP y 2022

  

  The Brazilian government wants trade to represent 30% of the country’s gross domestic product by the end of 2022, with one official saying on Wednesday it will get there on the back of President Jair Bolsonaro’s liberalization plans.

• Friday, March 22nd 2019 - 08:29 UTC

  What new WTO and OECD status would mean for Brazil

  

  Brazil’s agreement with the United States to forgo special treatment by the World Trade Organization (WTO) would apply only to future negotiations within the multilateral trade body, Director General Roberto Azevedo said on Wednesday.

• Thursday, March 21st 2019 - 06:41 UTC

  Bolsonaro's aura and approval ratings rapidly fading

  

  Brazilian President Jair Bolsonaro's approval rating plunged in March, a poll showed Wednesday, after a series of political scandals tarnished his anti-corruption image.