In the first 100 days of his government, President Lula da Silva did not exactly live a “honeymoon” with Brazilians, but a period with ups and downs, thirteen years after leaving power with record popularity.
The Brazilian administration of President Lula da Silva finally unveiled new fiscal rules to try and balance limits on spending growth, which have collided with promises of higher social programs, government investment, and independent central bank high-interest rates, all of which have created uncertainty about his commitment to combat inflation.
After Brazilian President Luiz Inácio Lula da Silva canceled his trip to China last weekend due to health issues, the South American country's authorities confirmed Friday that a new date had been set: April 11, Agencia Brasil reported. Also in April, Lula will travel to Portugal.
Former Brazilian President Jair Bolsonaro stated that he never considered staging a coup. The former president is currently being investigated by the Brazilian Supreme Court for inciting his followers to violently invade the headquarters of the three branches of government on January 8th.
Brazil informed Beijing that president Lula da Silva'a official visit to China had to be postponed because the Brazilian leader had contracted influenza and pneumonia. This however has not prevented a major business and investment summit between the two countries to continue in Beijing with the participation of a Brazilian delegation of some 240 members.
Brazilian President Luiz Inácio Lula da Silva announced Saturday that he was canceling his trip to China due to health reasons. The South American leader, who skipped the XXVIII Ibero-American Summit in Santo Domingo to visit the Asian country instead, was to leave on Saturday and then on Sunday after a rescheduling that failed to meet Lula's recovery.
Heads of State and Government convened in Santo Domingo for the XXVIII Ibero-American Summit which is focused on post Covid-19 pandemic economic recovery in a world hit by the conflict between Russia and Ukraine.
Brazilian President Luiz Inácio Lula Da Silva postponed his departure for China after being diagnosed with a mild case of pneumonia, Agencia Brasil reported.
The Brazilian Central kept interest rates unchanged for the fifth consecutive policy meeting on Wednesday, increasing concern and criticism from the government of president Lula da Silva. The bank's rate-setting committee, Copom, maintained its Selic benchmark interest rate at 13.75%. The decision, which defied intense pressure from the government of Lula da Silva, matched the expectations of analysts.
Brazil's government Wednesday re-launched the Food Purchase Program (PAA) that used to exist in President Luiz Inàcio Lula Da Silva's previous administrations. The new format will focus on expanding production from minority groups and land reform measures, Agencia Brasil reported.