Tag: Jair Bolsonaro

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.
Friday, October 15th 2021 - 01:27 UTC
Bolsonaro now wants Petrobras privatized

Brazil's President Jair Bolsonaro Thursday hinted he might put the national oil company Petrobras up for sale after being criticized for an increase in the price of fuel. During the 2018 presidential campaign, the retired Army Captain said he would only privatize it “if there was no other solution.”
Wednesday, October 13th 2021 - 09:40 UTC
Charges filed against Brazil's President before ICC: “The Planet vs. Bolsonaro”

Charges against Brazil's President Jair Bolsonaro have been filed before the Hague-based International Criminal Court (ICC) for deforestation of the Amazon, it was announced Tuesday.