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☆ Trapped Brazilians, whose fate hurt Israel-Brazil ties, leave Gaza
▼ + stars: | 2023-11-12 | by ( Camila Moreira | ) www.reuters.com time to read: +2 min

The Brazilians are due back in Brazil late on Monday evening, the ministry said, and are expected to meet with President Luiz Inacio Lula da Silva. The Palestinian enclave has been under bombardment by Israel, which aims to destroy Hamas militants who attacked Israel from Gaza on Oct. 7. The slow pace of release of the trapped Brazilians increased friction between Brazil and Israel, which erupted last week after Israeli spy agency Mossad said it helped foil a Hezbollah attack in Brazil. An appearance by Israel's ambassador to Brazil with former President Jair Bolsonaro, a staunch Israel ally and longtime Lula political foe, also irked Brazilian officials. Reporting by Camila Moreira; Writing by Gabriel Stargardter; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Luiz Inacio Lula da Silva, Jair Bolsonaro, Lula, Camila Moreira, Gabriel Stargardter, Grant McCool Organizations: Hamas, Maxar Technologies, REUTERS Acquire, SAO PAULO, Thomson Locations: Rafah, Gaza, Egypt, Israel, Palestinian, Brasilia, Cairo, Brazil

[1/6] A man works on a pole to restore electricity after a storm knocked down power cables in Sao Paulo, Brazil November 6, 2023. REUTERS/Carla Carniel Acquire Licensing RightsSAO PAULO, Nov 6 (Reuters) - Half a million residents of Sao Paulo remained without electricity on Monday three days after a storm knocked down power cables, leaving much of Brazil's largest city in the dark. The storm snapped branches and knocked down hundreds of trees that fell on overhead power lines in many streets of the city, initially cutting off 2.1 million customers in Metropolitan Sao Paulo, energy distribution company ENEL said. But what is shocking is that year after year there is not enough investment in burying the power cables. Reporting by Camila Moreira, Alberto Alerigi and Leticia Fucuchima in Sao Paulo; Anthony Boadle in Brasilia; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Carla Carniel, Sao Paulo, ENEL, Denilson Laurindo, Thiago Gonzalez, Gonzalez, Flavio Dino, Alexandre Vieira Monteiro, Camila Moreira, Alberto Alerigi, Leticia Fucuchima, Anthony Boadle, Jonathan Oatis Organizations: REUTERS, SAO PAULO, Metropolitan Sao Paulo, Sao Paulo, Friday, Brazil's, Thomson Locations: Sao Paulo, Brazil, Sao, Brazil's, Metropolitan Sao, Morumbi, Brasilia

"Inflation expectations are still very high," Campos Neto told a seminar hosted by newspaper Folha de S.Paulo on Monday, highlighting elevated long-term forecasts as particularly problematic. "Long-term forecasts remained little changed," the central bank chief said. "And we have a problem that are long-term inflation expectations persistently stuck around 4%". In the minutes of its May meeting, the central bank expressed concerns about inflation expectations, saying it continued "to assess that de-anchored expectations raise the cost of bringing inflation back to the target". Campos Neto acknowledged that headline inflation has been slowing down in Brazil, but noted that the core index remains "high" and "well above target".

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