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Search resuls for: "Arthur Lira"


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Brazil's Lula names new CEO of state-run lender Caixa
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +1 min
Companies Caixa Economica Federal FollowBRASILIA, Oct 25 (Reuters) - Brazilian President Luiz Inacio Lula da Silva on Wednesday picked Carlos Antonio Vieira Fernandes to replace Rita Serrano as CEO of state-run lender Caixa Economica Federal. Her replacement, Fernandes, is a former worker at the bank and former director of the Caixa employees' pension fund, Funcef. The CEO appointment comes after months of negotiations with a powerful bloc of lawmakers called "centrao." Fernandes was recommended to Lula by Lower House Speaker Arthur Lira on behalf of the bloc, in exchange for more support in Congress. Reporting by Lisandra Paraguassu; Writing by Peter Frontini; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Persons: Luiz Inacio Lula da Silva, Carlos Antonio Vieira Fernandes, Rita Serrano, Serrano, Lula, Fernandes, Arthur Lira, Lisandra Paraguassu, Peter Frontini, Leslie Adler Organizations: Caixa Economica, Caixa Economica Federal, Caixa, Lower, Thomson Locations: BRASILIA, Caixa, Lula
Brazil's Lula announces cabinet reshuffle
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +1 min
Brazil's President Luiz Inacio Lula da Silva attends a ceremony at the Planalto Palace in Brasilia, Brazil August 30, 2023. REUTERS/Adriano Machado Acquire Licensing RightsBRASILIA, Sept 6 (Reuters) - Brazilian President Luiz Inacio Lula da Silva announced a ministry cabinet reshuffle on Wednesday as he seeks to shore up support for his political agenda from a powerful bloc of lawmakers. Lula named federal lawmaker Andre Fufuca as the sports minister, while lawmaker Silvio Costa Filho will be the ports and airports minister, the government said in a statement. In July, Lula replaced his tourism minister Daniela Carneiro with Celso Sabino. The announcement also seals the entry of the party of lower house speaker Arthur Lira, who was a supporter of former President Jair Bolsonaro, into Lula's cabinet.
Persons: Luiz Inacio Lula da Silva, Adriano Machado, Lula, Andre Fufuca, Silvio Costa Filho, Marcio Franca, Daniela Carneiro, Celso Sabino, Arthur Lira, Jair Bolsonaro, Ricardo Brito, Carolina Pulice, Andrea Ricci, Stephen Coates Organizations: REUTERS, Rights, Thomson Locations: Brasilia, Brazil, Rights BRASILIA
Although the governor and his closest advisers insist he is focused on serving Sao Paulo state, many of Brazil's seasoned conservative power brokers are already calling the pro-business moderate a natural candidate for the presidency in three years. It also helped shore up three-quarters support among Sao Paulo lawmakers for the reform as it cleared one chamber of Congress. He is pushing to privatize the port of Santos on the Sao Paulo coast, a bid blocked for now by the federal government. And he has vowed to revive efforts to privatize state water utility Sabesp (SBSP3.SA), while Lula has decried recent privatizations under Bolsonaro. "He has to finish his mission in Sao Paulo with a second term," said one close aide, asking not to be named as he was not authorized to speak about the governor's plans.
Persons: Tarcisio de Freitas, Jair Bolsonaro, Freitas, Bolsonaro, Luiz Inacio Lula da Silva's, Marcos Pereira, of God, Arthur Lira, Ciro Nogueira, Bolsonaro's, Antonio Queiroz, Dilma Rousseff, Lula, Queiroz, Ricardo Brito, Anthony Boadle, Brad Haynes, Paul Simao Organizations: Paulo, Republicans, Universal Church of, Liberal Party, ARMY, Workers Party, Sao, Thomson Locations: BRASILIA, Sao Paulo, of, Brazilian, Santos
BRASILIA, July 7 (Reuters) - Brazil's lower house of Congress approved on Friday the main text of a tax reform that will restructure the country's complex consumption taxes, a move President Luiz Inacio Lula da Silva touted as a "great victory". The bill will now be sent to the Senate, where it will also be voted on in two rounds. "Brazil will have its first tax reform of the democratic period ... We are working towards a better future for everyone." Markets reacted positively to the lower house approval, with Brazil's real strengthening more than 1% against the dollar, while benchmark stock index Bovespa (.BVSP) jumped 1.65%. 'A NECESSITY'The lower house approved the reform by 382-118 in the first round of voting held late on Thursday.
Persons: Luiz Inacio Lula da Silva, Lula, Fernando Haddad, Haddad, Rodrigo Pacheco, Arthur Lira, Jair Bolsonaro, Maria Carolina Marcello, Carolina Pulice, Gabriel Araujo, Michael Perry, Devika Syamnath, Alistair Bell Organizations: Lawmakers, Senate, Markets, JPMorgan, Finance, Workers ' Party, Thomson Locations: BRASILIA, Brazil
Brazil lawmakers propose reforms combining consumption taxes
  + stars: | 2023-06-06 | by ( ) www.reuters.com   time to read: +2 min
The report represents an early step in a reform considered crucial by President Luiz Inacio Lula da Silva's administration. Lawmakers will now craft a formal text in greater detail to be put to a vote. Congressman Aguinaldo Ribeiro, the lawmaker in charge of the working group report, said the lower house of Congress would vote on a bill in the first week of July, citing a timeline approved by House Speaker Arthur Lira. This adjustment is expected to benefit wealthier and more populous states, and the working group proposed a transition period of "some years" for implementation. Under no circumstances will there be an increase of the tax burden," the report said.
Persons: Luiz Inacio Lula da Silva's, Aguinaldo Ribeiro, Arthur Lira, Marcela Ayres, Jamie Freed Organizations: Lawmakers, Thomson Locations: BRASILIA
On Wednesday, the minority Lula government faces another key vote in the chamber that will reduce the powers of the ministries of the environment and of Indigenous affairs. Lula called an emergency cabinet meeting to discuss the dilemma, and called the speaker of the lower house, Arthur Lira, whom he plans to meet as well, to ensure the measure passes. INDIGENOUS ENVIRONMENTAL SETBACKThe law passed on Tuesday would set a cut-off date for recognizing Indigenous land claims, establishing that they had to be occupied before Brazil's current Constitution was enacted in 1988. Brazil's 1 million Indigenous peoples are guaranteed by the Constitution the right to live on ancestral lands. After the bill passed, the minister of Indigenous peoples, Sonia Guajajara, said that the deputies who backed it would be "responsible for approving a bill that explicitly attacks the lives of Indigenous peoples in Brazil."
Persons: Luiz Inacio Lula da Silva, Lula, Arthur Lira, Jair Bolsonaro, Bolsonaro, Sonia Guajajara, Lisandra Paraguassu, Ricardo Brito, Maria Carolina Marcello, Anthony Boadle, Matthew Lewis Organizations: Lawmakers, Liberal Party, Thomson Locations: BRASILIA, Congress, Sao Paulo, Brazil's, Brazil, Brasilia
BRASILIA, May 12 (Reuters) - Brazil's Supreme Court on Friday ordered an investigation into executives at social messaging service Telegram and Alphabet Inc's (GOOGL.O) Google who are in charge of a campaign criticizing a proposed internet regulation bill. They later removed the posts following orders from the Supreme Court. In his request, Lira said tech companies have used "all sorts of tricks in a sordid campaign of disinformation, manipulation and intimidation, taking advantage of their hegemonic position in the market." Google declined to comment on the matter, while Telegram did not respond to a request for comment. Reporting by Ricardo Brito; Writing by Peter Frontini; Editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Powerful Brazilian lawmaker orders Americanas accounting probe
  + stars: | 2023-04-27 | by ( ) www.reuters.com   time to read: +1 min
SAO PAULO, April 26 (Reuters) - The head of Brazil's lower house authorized on Wednesday the creation of a committee to investigate Americanas (AMER3.SA), the retailer at the center of a nearly $4 billion accounting scandal. Arthur Lira gave the green light to create the so-called CPI committee, which will include 27 federal lawmakers appointed by party leaders, the lower house said in a statement posted on its website. The legislative leader's decision comes months after accounting inconsistencies were revealed that forced the firm into bankruptcy. Last month, Americanas' former CEO Sergio Rial spoke at a Senate hearing about the retailer's financial meltdown. The current CEO, Leonardo Coelho Pereira, and the president of Brazil's banks federation Febraban, Isaac Ferreira, also attended.
"If there is a good side (to the FTX disaster), it would be that it gets the law prioritized," he told Reuters on Tuesday. Brazil is one of the top 10 active markets globally for crypto, according to 2022 Chainalysis data. "If it's good for Brazilian investors, then it's a good law," he added. FTX filed for bankruptcy last week and is facing scrutiny from U.S. authorities, amid reports that $10 billion in customer assets were shifted from the crypto exchange to FTX founder Sam Bankman-Fried's trading company Alameda Research. Dagnoni told Reuters that Mercado Bitcoin, mainly active in Brazil and Portugal, had no exposure to FTX, having developed its own custody solution to store customer assets.
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