
With Covid-19 infections and deaths seeing in Brazil, President Jair Bolsonaro confirmed on Monday that he will appoint cardiologist Marcelo Queiroga as the replacement to health minister Eduardo Pazuello. This would be the third change for the position in less than a year.

Brazil has surpassed India to become the second worst-hit country from the coronavirus disease (Covid-19) pandemic. With 11,483,370 cases and 278,327 deaths, Brazil is now one spot behind the United States, which is the worst-affected globally with more than 30 million cases and 546,605 deaths, according to figures by WorldMeters.

Former Brazilian President Lula da Silva launched on Wednesday the campaign for the 2022 presidential election, which is anticipated will be dominated by attacks on Jair Bolsonaro on the pandemic, a weak economy and deep political polarization.

The decision to annul former president Lula da Silva's conviction had an immediate effect in financial markets and scrambled forecasts for the 2022 Brazilian presidential race, with many investors betting it would polarize voters between right-wing populist president Jair Bolsonaro, and Lula, a left-wing populist but also his greatest opponent.

President Jair Bolsonaro has told Brazilians to stop whining about Covid-19, as he criticized measures to curb the virus despite a surge in cases and deaths. His comments came a day after Brazil saw a record rise in deaths over a 24-hour period.

Brazilian president Jair Bolsonaro confirmed he will be traveling to Argentina on March 26th for the celebration of Mercosur's 30th anniversary, and also offered support for the president Alberto Fernandez administration negotiations with the IMF.

Brazilian President Jair Bolsonaro said on Tuesday he would suspend a tax on diesel fuel, to try and placate truckers, but the government would instead hike taxes on banks to offset lost revenue.

Brazilian President Jair Bolsonaro said that the country’s state-controlled companies should fulfill a social function and any different understanding by their chief executives was unacceptable.

Brazil’s government will cut its stake in power company Centrais Eletricas Brasileiras SA , or Eletrobras, to 45% from its current 61% in a planned privatization process, a senior official in the Energy Ministry announced on Wednesday.

One year ago on Thursday, Brazil confirmed its first case of coronavirus. The same day it recorded a quarter of a million deaths from the disease the virus causes and more than 10 million cases since the beginning of the pandemic.