Tag: Lula da Silva

• Friday, January 26th 2018 - 07:05 UTC

  Lula's passport seized by a court; trip to African Union conference cancelled

  

  A Brazilian court on Thursday approved the seizure of former President Lula da Silva’s passport, the justice ministry said, after an appeals court upheld the corruption conviction of the left-wing hero.

• Thursday, January 25th 2018 - 07:05 UTC

  Brazil shares surge as Lula's corruption conviction is confirmed ruling him out his presidential bid

  

  Brazilian assets soared, with the Bovespa surging above 83,000 for the first time ever, and the currency Real surging through 3.20 after three judges in a local appeals court upheld a conviction for corruption imposed last July on ex-President Lula da Silva.

• Wednesday, January 24th 2018 - 09:07 UTC

  In support of Lula, the ITUC argues Brazilian legal system is biased and politically motivated

  

  The International Trade Unions Congress, ITUC, has issued a global call for solidarity with former Brazilian president Lula da Silva. On 24 January, a regional appeals court will decide on “politically motivated and false charges against Lula”. The judgment is largely seen as an attempt to stop him from standing for election again as well as to destroy his reputation.

• Wednesday, January 24th 2018 - 07:31 UTC

  Lula supporters will launch his presidential candidacy whatever a court decides on the bribe conviction

  

  Brazilian politicians, voters and investors will find out this Wednesday whether an appeals court will allow the country’s popular leader, Lula da Silva, to run for president this year after being found guilty of accepting a bribe.

• Monday, January 22nd 2018 - 23:26 UTC

  No matter what, Brazil's 2018 election will be controversial

  

  Brazil will head to the polls on October 7 in what is set to be the most polarizing presidential race in living memory. While the final ballot is beginning to take shape, there is still a question mark over the candidacy of former president Luiz Inácio Lula da Silva (Workers’ Party), who may be ineligible to run after his impending appeals court decision on charges of corruption. The imbroglio surrounding Lula guarantees that however the 2018 election turns out, both sides will feel they have reason to call foul play.

• Friday, January 19th 2018 - 09:01 UTC

  Lula is no radical or a threat to stability: everyone won when he was president

  

  The leader of Brazil's Workers' Party, PT, argued in an interview that former president Luiz Inacio Lula da Silva is anything but radical and does not pose a threat to Brazilian financial stability. Brazilian senator Gleisi Hoffman told Bloomberg News that Lula is working on a second “letter to Brazilian people” (as he did in 2002) to reassure the markets about his commitment to fiscal responsibility.

• Thursday, January 18th 2018 - 09:28 UTC

  Lula followers anticipate “killings” if the ex president is banned from running

  

  Brazilian Senator and president of the Workers Party, PT, Gleisi Hoffmann said that jailing ex president Lula da Silva, indicted on corruption charges, once the final ruling is known will mean “killing many people”.

• Tuesday, January 16th 2018 - 09:52 UTC

  Support for Lula's presidential bid despite his corruption conviction

  

  Four South American ex-presidents are among more than 170,000 people who signed a petition supporting former president Lula da Silva bid for another term as Brazil's president, despite his corruption conviction. US film-maker Oliver Stone also signed the online petition supporting Lula, whose electoral aspirations are at risk of being blocked.

• Tuesday, January 9th 2018 - 10:01 UTC

  Brazilian stocks edge higher convinced Lula will be barred from running in election

  

  Brazilian stocks edged higher to mark a record close on Monday, underpinned by optimism over the nation's fiscal outlook as well as a strong flow of international investment. The benchmark Bovespa stock index continued its climb following a seven-day string of gains.

• Sunday, December 31st 2017 - 06:26 UTC

  Lula's presidential ambition: on January 24 a Porto Alegre court will rule on his appeal

  

  Brazil's former president Luiz Inacio Lula da Silva will learn in January whether a prison sentence against him is upheld, officials said, potentially knocking him out of next year's presidential election. Lula was sentenced in July to 9.5 years behind bars after being convicted of corruption in Brazil's huge “Car Wash” graft scandal.