Tag: Jair Bolsonaro

• Saturday, October 23rd 2021 - 09:55 UTC

  Brazilian financial markets get shaky after Bolsonaro insists on increasing social spending

  

  Brazil's President Jair Bolsonaro Friday insisted he would not take any adventurous steps as he expressed his full support for Economy Minister Paulo Guedes amidst a rocking financial market.

• Saturday, October 23rd 2021 - 09:34 UTC

  Brazil's Guedes pushing for higher interest rates to contain inflation

  

  Brazilian orthodox Economy minister Paulo Guedes has not resigned and has no intention of resigning despite the fact he will have to live with the exceptional expenditure of some 45bn Reais, as part of the Auxilio Brazil support program for vulnerable families and president Jair Bolsonaro's 2022 reelection plan.

• Friday, October 22nd 2021 - 09:44 UTC

  Brazil's Economy Minister shakes markets with unexpected announcement

  

  Economy Minister Paulo Guedes' announcements Thursday shook Brazilian markets after the official admitted he might not meet the public spending ceiling.

• Thursday, October 21st 2021 - 09:44 UTC

  Brazil's CPI finds Bolsonaro should face 10 criminal charges for his handling of the COVID-19 crisis

  

  Brazilian Senator Renan Calheiros, rapporteur of the Upper House's Parliamentarian Commission (CPI) investigating President Jair Bolsonaro for his handling of the COVID-19 pandemic, Wednesday announced 10 criminal charges were to be filed against the head of state.

• Thursday, October 21st 2021 - 09:00 UTC

  China deals blow to Brazilian economy by holding import ban on meat

  

  China's decision to uphold a ban on meat imports from Brazil means US $ 450 million less for the coffers of President Jair Bolsonaro's administration, it was reported Wednesday. It was also good news for Uruguay.

• Wednesday, October 20th 2021 - 09:50 UTC

  Presidents Duque and Bolsonaro show mutual understanding during Brasilia meeting

  

  Brazil's President Jair Bolsonaro Tuesday welcomed his Colombian counterpart Iván Duque in Brasilia to discuss bilateral issues as well as a joint agenda ahead of the COP-26 environmental summit next month in Glasgow.

• Wednesday, October 20th 2021 - 09:25 UTC

  Brazilian markets plummet on new money support program that ignores budget expenditure cap

  

  Contrary to optimism in world markets, shares in Brazil dropped 3,28% on average following news of a new “Brazil Auxilio” program intended to give monetary support to some 17 million families described as vulnerable or suffering the consequences of Covid-19. But to achieve this the budget cap on expenditure must be violated or hidden behind some accounting cosmetics.

• Tuesday, October 19th 2021 - 09:15 UTC

  Bolsonaro puts people's freedom of choice above vaccination mandates

  

  Brazil's President Jair Bolsonaro once again Monday defended his decision not to take a COVID-19 vaccine and described the attitude of governors and mayors who demanded vaccination passports in their jurisdictions as “vicious.”

• Monday, October 18th 2021 - 10:01 UTC

  Lula must appease markets or risk his presidential chance, point out advisors

  

  Brazilian former president Lula da Silva is preparing to “build bridges” with the business community to appease markets and economic agents, given some of his latest statements criticizing policy decisions from the current administration of president Jair Bolsonaro.

• Monday, October 18th 2021 - 09:43 UTC

  Poverty on the rise in Brazil

  

  Brazil's poverty indexes are on the rise despite President Jair Bolsonaro's claims that his actions, however controversial from a sanitary viewpoint regarding the COVID-19 pandemic, were always aimed at sustaining the country's economy.