Brazil’s economic growth bounces back under Lula
Synopsis by Bloomberg Jun 01 23
Brazilian President Luiz Inacio Lula da Silva will appoint the lawyer who helped his political comeback to a seat on Brazil’s Supreme Court.Read full article
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| Last Updated | Jun 03 23 |
| Total Articles | 15 |
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Lula cosies up to Nicolás Maduro, Venezuela’s autocrat: Brazil’s new president appears to be motivated by ambitious plans for foreign policy
economist.com/the-americas/2023/06/01/lula-cosies-up-to-nicolas-maduro-venezuelas-autocrat
Lula’s Nominees for Brazil’s Central Bank Unlikely to Attend Next Rate Decision: President Luiz Inacio Lula da Silva’s nominees for Brazil’s central bank board ...
bloomberg.com/news/articles/2023-06-02/lula-central-bank-nominees-unlikely-to-attend-next-rate-decision
South America: A hard road to unity: Brazilian President Lula da Silva’s push for more integration across the region will need to overcome major challenges.
aljazeera.com/news/2023/6/3/south-america-a-hard-road-to-unity
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Lula nominates personal lawyer to Brazil’s supreme court: Appointment of ‘friend and comrade’ angers rightwing opposition and legal experts
ft.com/content/675f4053-0c67-46d8-8c66-fd7e63529ce2
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Lula cosies up to Nicolás Maduro, Venezuela’s autocrat: Brazil’s new president appears to be motivated by ambitious plans for foreign policy
economist.com/the-americas/2023/06/01/lula-cosies-up-to-nicolas-maduro-venezuelas-autocrat
Lula’s Nominees for Brazil’s Central Bank Unlikely to Attend Next Rate Decision: President Luiz Inacio Lula da Silva’s nominees for Brazil’s central bank board ...
bloomberg.com/news/articles/2023-06-02/lula-central-bank-nominees-unlikely-to-attend-next-rate-decision
South America: A hard road to unity: Brazilian President Lula da Silva’s push for more integration across the region will need to overcome major challenges.
aljazeera.com/news/2023/6/3/south-america-a-hard-road-to-unity
Lula to Appoint Personal Attorney to Brazil’s Supreme Court: Brazilian President Luiz Inacio Lula da Silva will appoint the lawyer who helped his political ...
bloomberg.com/news/articles/2023-06-01/lula-to-appoint-his-personal-attorney-to-brazil-s-supreme-court
Brazil’s economic growth bounces back under Lula: Brazil’s economy roared back in the first months of 2023, lifted by bumper harvests that outweighed the drag of ...
batimes.com.ar/news/economy/brazils-economic-growth-bounces-back-under-lula-and-defies-high-interest-rates.phtml
Brazils Lula given reality check after Congress passes cuts to Environment, Indigenous Ministries
wionews.com/world/brazils-lula-given-reality-check-after-congress-passes-cuts-to-environment-indigenous-ministries-599590
Lula's Brazil posts stronger-than-expected growth in first quarter: Brazil recorded 1.9% economic growth in the first quarter, boosted by the agriculture sector ...
brusselstimes.com/belgium/532553/lulas-brazil-posts-stronger-than-expected-growth-in-first-quarter
JP Spinetto: Lula’s dreams ignore Brazil’s economic reality: Brazil’s president talks a lot about the need for a united political front in Latin America ...
batimes.com.ar/news/opinion-and-analysis/jp-spinetto-lulas-dreams-ignore-brazils-economic-reality.phtml
Brazil ‘neutral’ in Ukraine war in order to broker peace: Lula: Brazilian President Luiz Inacio Lula da Silva on Thursday reiterated his country’s criticism of ...
english.alarabiya.net/News/world/2023/06/01/Brazil-neutral-in-Ukraine-war-in-order-to-broker-peace-Lula
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
Elon Musk threatens to disobey court order over banned profiles: Brazil threatens to regulate social media owned by "billionaires domiciled abroad."
ft.com/content/26e54895-a37d-4ab1-baad-701d5ddcf150
Quick Glance: Elon Musk and the Support of Far-Right in Brazil
- A court in Brazil is planning an investigation against X owner Elon Musk for alleged obstruction of justice, following Musk's reactivation of accounts belonging to far-right individuals that were flagged by the Brazilian government for removal.
- Under Musk's leadership, X has transformed into a sanctuary for the far right and dissemination of misinformation, resulting in an escalation of hate speech on the platform.
- Experts caution that Musk is establishing a dangerous precedent by protecting and promoting the far right on his platform, regardless of local regulations or public opinion.
- Despite Musk's claims of advocating for free speech, the implementation of these principles on the platform has been inconsistent under his direction, especially concerning government requests to deactivate accounts.
US reimposes oil sanctions on Venezuela after broken election promises : Biden administration says Maduro has ‘fallen short’ on pledge of free and fair ...
ft.com/content/85a4e5b9-c536-4bfb-8dee-32bbed60311e
Quick Glance: US to Reinstate Sanctions on Venezuela’s Oil and Gas Sector
- The United States will reimpose sanctions on Venezuela’s oil and gas sector due to the Maduro government's failure to allow 'an inclusive and competitive election' to take place.
- The US government decided not to renew the temporary authorization (General License 44) that allowed transactions with Venezuela's national oil and gas sector without fear of sanctions, citing the Maduro government's failure to uphold key areas of the 'Barbados Agreement.'
- While the impact of revoking the authorization could not be quantified, another authorization from 2022 allowing the oil company Chevron to resume limited resource extraction operations in Venezuela will remain in place.
- Despite reinstating sanctions, a US official emphasized that this should not be seen as a final decision on Venezuela's electoral capabilities, and efforts to support a better future for the country will continue.
Elon Musk is feuding with Brazil’s powerful Supreme Court: The court has become the de facto regulator of social media in the country
economist.com/the-americas/2024/04/14/elon-musk-is-feuding-with-brazils-powerful-supreme-court
Paid articlePaidQuick Glance: Elon Musk's Clash with Brazil's Supreme Court
- Serial entrepreneur Elon Musk has been publicly criticizing Alexandre de Moraes, one of Brazil's Supreme Court judges, for the past week.
- The dispute revolves around X, a social media company owned by Mr. Musk, which announced on April 6th that a Brazilian court had ordered it to block a set of 'popular' accounts or face hefty fines.
- Mr. Moraes then initiated an inquiry against Mr. Musk for obstruction of justice, leading Mr. Musk to claim that censorship in Brazil is worse than in any other country where the platform operates.
- The row highlights the power of Brazil's Supreme Court and the debate on regulating social media without harming freedom of speech, which is a crucial battleground in Brazil.
Brazil Touts Tax on Ultra-Rich in G-20 Plan to Fight Climate Change, Inequality: Brazil believes it has found a way to pay for the fight against climate change ...
bloomberg.com/news/articles/2024-04-18/taxing-the-super-rich-is-brazil-s-g-20-plan-for-climate-hunger
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Woman arrested for wheeling corpse into Brazil bank to sign for loan: RIO DE JANEIRO, Brazil: Brazilian police have arrested a woman who tried to take out a bank ...
channelnewsasia.com/world/brazil-woman-arrested-using-cadaver-take-out-bank-loan-4274591
China’s Weak Beef Market Poses Risks for Chief Supplier Brazil: China’s beef imports are dwindling amid slowing consumption and ample domestic supply ...
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Paid articlePaid Petrobras’ Prates Aligns Himself With Lula to Boost Shipbuilding: Brazil’s state-controlled oil producer Petrobras is getting behind President Luiz Inacio Lula ...
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Brazil's Embraer delivers 25 jets in Q1; backlog hits 7-year high: Brazilian planemaker Embraer said on Friday it delivered 25 aircraft - seven commercial planes ...
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El Nino: Zimbabwe Millers Go to Brazil Seeking Corn: Zimbabwe is considering importing corn from Brazil for the first time since 2014 as the El Niño weather ...
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Brazil’s Central Bank Warns Investors of Growing Uncertainties: Brazil’s central bank head Roberto Campos Neto told investors that uncertainties have increased ...
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Brazil's Lula recognizes two more Indigenous lands, but postpones four others: Brazilian President Luiz Inacio Lula da Silva officially recognized two more ...
reuters.com/world/americas/brazils-lula-recognizes-two-more-indigenous-lands-postpones-four-others-2024-04-19/
Quick Glance: Brazil's Lula Recognizes Two More Indigenous Lands, Postpones Four Others
- Brazil's President Luiz Inacio Lula da Silva officially recognized two more Indigenous territories on Thursday, but decided not to sign off on four others because they still need to be cleared by people currently occupying them.
- The recognition grants the territories legal protection as reservations to be defended against invasions by illegal loggers, gold miners, and cattle ranchers.
- Lula has recognized 10 Indigenous territories since taking office in January 2023 for his third non-consecutive term.
- He stated that some state governors had asked for more time to resolve the issue, and acknowledged that his decision might frustrate some Indigenous people, but he needs to be cautious and provide them with alternative solutions.
Brazil Makes Own CAR-T Cancer Gene Treatment to Cut Costs: Hi, it’s Gabriel in Sao Paulo. Brazil will soon manufacture its own cancer-fighting gene therapies to ...
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Elon Musk’s Lifts Restrictions on X Accounts in Brazil in Challenge to Court: Billionaire Elon Musk said he will lift restrictions imposed on some X accounts in ...
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Paid articlePaidQuick Glance: Elon Musk Lifts Restrictions on X Accounts in Brazil Amid Legal Dispute
- Billionaire Elon Musk announced plans to lift restrictions on some X accounts in Brazil, risking the potential closure of the social media platform in the country.
- The decision came after court rulings forced X to block specific popular accounts in Brazil without disclosing the reasons or legal violations.
- The legal battle unfolds as courts in Brazil escalate efforts to combat fake news and hate speech online.
- Musk has previously clashed with Brazilian authorities over content censorship on his platform, arguing that it goes against the law and the will of the Brazilian people.
Honda to invest $808 million in Brazil by 2030: Japanese automaker Honda will invest 4.2 billion reais ($807.74 million) in its Itirapina plant in Brazil by 2030 ...
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Lula Calls Cabinet Meeting on Sunday to Discuss Petrobras: Brazilian President Luiz Inacio Lula da Silva has called an emergency meeting with ministers from his ...
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Quick Glance: Brazil's Lula Convenes Meeting on Petrobras CEO's Future
- President Luiz Inacio Lula da Silva convened a meeting with three ministers to decide on a potential replacement for Petrobras' CEO.
- Ministers of Finance, Mines and Energy, and the President's chief of staff were summoned to the meeting.
- Speculations surrounding the current CEO's replacement have caused uncertainty and share price volatility at Petrobras.
- The president of Brazil's National Development Bank was mentioned as a possible successor to the current CEO.
Petrobras unit to launch by May process to contract four vessels: Brazilian logistics firm Transpetro plans to launch by May a process to contract four ...
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German finance minister rejects Brazil's proposal to tax super-rich: German Finance Minister Christian Lindner rejected on Thursday Brazil's proposal to tax the ...
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Boat drifts to Brazil with nine dead migrants from Mauritania and Mali: The Federal Police were able to determine the victims’ origin thanks to their ...
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Quick Glance: Boat with Nine Dead Migrants from Mauritania and Mali Drifts to Brazil
- The Brazilian Federal Police were able to determine the victims’ origin thanks to their documentation and belongings and are now trying to identify the bodies.
- Nine decomposed bodies were found on a boat that drifted to the coast of Brazil on Saturday.
- The circumstances of the boat’s discovery in Brazil suggest that it became adrift for an unknown reason and dragged the migrants away from their intended destination.
- Brazilian authorities have not ruled out that people of other nationalities may be among the victims and have not indicated the gender or age of the deceased.
Dispute over X in Brazil: Elon Musk's latest feud: The owner of X, formerly Twitter, has been publicly dueling with a Brazilian judge for days ...
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Deforestation in Brazil's Amazon down 40% in Q1, minister says: Deforestation in Brazil's Amazon has decreased 40% in the first three months of 2024 from a year ...
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Social media company X has received US House of Representatives inquiry over Brazil actions, Musk says
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'Amazonia' bonds in 2024 seen a tough sell for some: A political push to raise the first-ever "Amazonia Bond" has ramped up during talks to agree a "roadmap" ...
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Exclusive: Spain's Acciona downsizing renewable energy business in Brazil, sources say
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Paraguay on track for record soy crop, but low river levels slow exports: Paraguay is headed for a record soybean harvest but exporters are worried about low ...
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Brazil Cocoa Farms Go High-Tech in Bid to Upgrade Ailing Market: Valuable cocoa beans pour from the pipe of what looks like a small train making its way through ...
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US committee releases sealed Brazil court orders to Musk's X: A U.S. congressional committee has released confidential Brazilian court orders to suspend accounts ...
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9 corpses found adrift in boat off Brazil were likely migrants from Mauritania and Mali, police say
apnews.com/article/brazil-boat-african-migration-mauritania-mali-ea8303f76c3699bc6b98d9730bb5215b
Dengue cases surge near 50% in the Americas amid 'emergency situation': Dengue cases have created an
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Fishermen spot boat filled with 20 corpses floating off the coast of northeastern Brazil, reports say
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CEO of Brazil oil firm Petrobras to stay in role for now, sources say: Petrobras Chief Executive Jean Paul Prates will remain in his role for now as pressure to ...
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Quick Glance: Decision on Petrobras CEO role rests with Brazil's president, as stated by energy minister
- Brazil's energy minister Alexandre Silveira emphasized that the decision regarding Petrobras' CEO, Jean Paul Prates, is solely in the hands of Brazil's President Luiz Inacio Lula da Silva.
- Following days of speculation about Prates' future, Silveira made it clear that he respects the controversial CEO and no changes will be made without the president's approval.
- Discussions about the future direction of Petrobras led to fluctuations in the company's stock price in recent sessions.
- Additionally, the minister announced that the additional dividends withheld from Petrobras shareholders in March will be distributed once the board of the state-run oil company gives the green light.
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Brazil-bound US travelers will need to show bank statements to visit country next year
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Pereira knocks out Hill to retain UFC light heavyweight title: Brazil's Alex Pereira pulled off a stunning first-round knockout victory over Jamahal Hill to ...
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Quick Glance: Alex Pereira Defends UFC Title with Impressive Victory
- Brazilian fighter Alex Pereira achieved a knockout victory in the first round over Jamahal Hill in an impressive fight to retain his UFC light heavyweight title.
- Zhang Weili secured the strawweight belt at UFC 300 with a win over Yan Xiaonan.
- In the lightweight fight, Max Holloway folded Justin Gaethje with a powerful right hook to win by knockout with only one second remaining on the clock.
- Pereira, who took over the belt in November, plans to fight on the upcoming UFC card in Brazil in May and stated that he sustained no damage against Hill.
Lula’s Cabinet Spars Over How Lofty Its Surplus Goal Should Be: Brazil’s top economic officials are at odds over a closely-watched fiscal target just days before ...
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Argentina's Milei Proposes Encounter With Brazil's Lula After Mutual Insults
bloomberg.com/news/articles/2024-04-17/milei-proposes-encounter-with-lula-after-mutual-insults
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X challenges Brazil's 'forced' order to block certain accounts: X Corp, formerly Twitter, has been
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Petrobras board not to discuss extra dividends at Friday meeting, sources say: The board of directors of Brazilian state-run oil company Petrobras is scheduled ...
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Amid probe into Musk, Brazil's top court says 'every company is subject to the constitution'
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Venezuela closes embassy in Ecuador to protest raid on Mexican embassy there: Venezuela President Nicolas Maduro has ordered the closure of his country’s embassy ...
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Venezuela arrests former Maduro allies in oil corruption probe: Ex-oil minister Tareck El Aissami among those accused of engaging in an ‘economic conspiracy’
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Venezuela's Maduro passes law to annex part of neighbouring Guyana ｜ DPA: Venezuelan President Nicolás Maduro has passed a law to create a new Venezuelan ...
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Brazil Labor Spat Thwarts Lula’s Bid to Boost Growth and Save the Amazon: A labor dispute at Brazil’s environmental regulator is gumming up Latin America’s ...
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Brazil's Petrobras discovers oil deposits in ultra-deep waters of Potiguar basin: Brazil's state-run oil company Petrobras said on Tuesday it has discovered oil ...
reuters.com/markets/commodities/brazils-petrobras-discovers-oil-deposits-ultra-deep-waters-potiguar-basin-2024-04-09/
Quick Glance: Petrobras Discovers Oil Reserves in Ultra-Deep Waters of Potiguar Basin
- Petrobras has uncovered oil reserves in the ultra-deep waters of the Potiguar basin.
- This marks the second discovery of hydrocarbons in Potiguar, pending further investigations.
- The find was situated close to the border of the northeastern states of Ceara and Rio Grande do Norte.
- Petrobras intends to conduct drilling operations for 16 wells in the Equatorial Margin over the next five years, although strikes are causing delays in permit issuance by the Brazilian environmental regulator Ibama.
Clark Kent lookalike turns accidental superhero in Brazil - People - The Jakarta Post
thejakartapost.com/culture/2024/04/17/clark-kent-lookalike-turns-accidental-superhero-in-brazil.html
Study finds mercury contamination in Brazil's Yanomami people: Indigenous people from nine villages in Brazil's Yanomami territory were found to be contaminated ...
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'I've never seen a player persecuted like Vinicius': Vinicius Jr has overcome the odds to reach the top, but nothing could have prepared him for what he would ...
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Brazil Will Water Down Key 2025 Budget Target as Spending Rises: Brazil will target a less ambitious 2025 fiscal outcome than previously indicated ...
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Paid articlePaid Amazon Deforestation Plunges in Brazil and Colombia: Rates of deforestation tumbled in Brazil and Colombia last year after leaders in both nations ramped up ...
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Paid articlePaid Study finds voters skeptical about fairness of elections. Many favor a strong, undemocratic leader
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Can analysts out-predict USDA, Conab on Brazil crop forecasts? : Market analysts once again seek a sizable cut to Brazil’s ongoing soybean harvest from the U.S ...
reuters.com/markets/commodities/can-analysts-out-predict-usda-conab-brazil-crop-forecasts-2024-04-11/
Brazil’s Votorantim Eyes Infrastructure for New Deals, CEO Says: After a recent shopping spree that saw Brazilian conglomerate Votorantim SA make investments in ...
bloomberg.com/news/articles/2024-04-02/brazil-s-votorantim-eyes-infrastructure-for-new-deals-ceo-says
Maduro Proposes Reform Allowing Life Sentences for Corruption: Venezuela President Nicolás Maduro proposed a constitutional reform to allow life sentences in ...
bloomberg.com/news/articles/2024-04-13/maduro-proposes-reform-allowing-life-sentences-for-corruption
Brazil braces for worst coral bleaching ever: Brazil is bracing for what may be its worst-ever coral bleaching event as extremely warm waters damage reefs in the ...
reuters.com/business/environment/brazil-braces-worst-coral-bleaching-ever-2024-04-17/
Climate change: Logging decline after political change in Brazil, Colombia: Brazil and Colombia curbed logging in 2023, but other countries wiped out many of the ...
bbc.com/news/science-environment-68716874
Brazilians More Concerned About Crime Than Economy, Poll Shows: Crime has surged to the forefront of Brazilians’ minds in recent months, supplanting economic ...
bloomberg.com/news/articles/2024-04-01/crime-supplants-economy-as-brazilians-top-worry-rattling-lula
Paid articlePaid Brazil and Colombia are curbing destruction of Amazon rainforest: Tree loss in the region fell by almost a quarter in 2023, compared with the year before
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Cash vs. Digital: Diverging Payment Trends in Ecuador, Bolivia, Chile, and Brazil
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Brazil police crack down on US migration racket: Brazil's federal police carried out an operation on Thursday to dismantle a criminal scheme in several cities in ...
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Priyanka Chopra gives a shout to Nick Jonas' epic gig in Brazil : Nick took to his Instagram to share pictures from his concert in Brazil
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US ties renewal of easing of Venezuela oil sanctions to progress on elections: The U.S. will not renew a temporary license that widely eased sanctions on ...
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Tropical forest loss eased in 2023 but threats remain, analysis shows: Tropical forest loss declined last year, but other indicators show that the world's ...
reuters.com/world/tropical-forest-loss-eased-2023-threats-remain-analysis-shows-2024-04-04/
Quick Glance: Worldwide Rainforest Loss in 2023
- Every minute in 2023, the world lost the equivalent of 10 football pitches of tropical primary forest cover, totaling 3.7 million ha, comparable to Bhutan's size.
- Despite dramatic drops in forest loss in Brazil and Colombia, losses increased in countries like Indonesia, Laos, and Bolivia.
- These forests are crucial carbon sinks, climate regulators, and livelihood providers for many.
- There is a need to mobilize political will to reduce deforestation rates and increase the value of forests in the global economy for sustained progress.
Nobel Economist Tells G-20 to Slap Climate Tax on Billionaires: Brazil has demanded that wealthy nations spend more to combat global warming. Now ...
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Singapore budget airline Scoot receives first Embraer E190-E2 aircraft: The plane will arrive in Singapore on Apr 15 and operate its inaugural flight – to Krabi ...
channelnewsasia.com/business/budget-airline-scoot-receives-brazil-embraer-e190-e2-aircraft-4260321
Strange prehistoric drawings found near dinosaur footprints in Brazil: Prehistoric humans in Brazil carved drawings in the rock next to dinosaur footprints ...
ctvnews.ca/sci-tech/strange-prehistoric-drawings-found-near-dinosaur-footprints-in-brazil-1.6843571
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