DIRS.INFO The most relevant business & tech news

☆ Brazil police find draft decree in ex-minister's house to revert election -source
▼ + stars: | 2023-01-12 | by ( Ricardo Brito | ) www.reuters.com time to read: +2 min

My conscience is clear regarding my actions as minister," Torres wrote. Analysts said the measures proposed in the document would amount to an unconstitutional conspiracy to meddle in the election. A lawyer for the former justice minister, Demostenes Torres told Reuters he was not aware of the document, but noted that it was "impossible" to change the election result. The document was ready for presidential signature, the source told Reuters, requesting anonymity to discuss an ongoing investigation. He briefly posted a video this week on social media suggesting Lula had in fact lost the election.

[1/2] Security forces operate as supporters of Brazil's former President Jair Bolsonaro demonstrate against President Luiz Inacio Lula da Silva, outside Brazil’s National Congress in Brasilia, Brazil, January 8, 2023. The battalion of troops assigned to guard the presidential palace did not respond either until rioters had entered and trashed the palace, according to a Reuters witness. Four on-duty staffers from the National Security Adviser's office (GSI) were quickly overwhelmed inside the presidential palace and their office ransacked. Presidential Chief of Staff Rui Costa said the government now faces the challenge of undertaking a "decontamination" of the security forces and holding those responsible accountable. "This excessive participation of the military and military police in politics is progressively leading to ideological contamination of the forces," Costa said.

☆ Brazilian authorities brace for possible repeat of uprising
▼ + stars: | 2023-01-11 | by ( Associated Press | ) www.nbcnews.com time to read: +6 min

It was unclear how large or violent such demonstrations might shape up to be, but skittish authorities took no chances. Citing the call to action on social media, a Supreme Court justice ordered local authorities in cities across Brazil to prevent protesters from blocking roads or occupying public spaces and buildings. A police officer carries away part of a vandalized sculpture Tuesday at the Supreme Court building in Brasília. Carl De Souza / AFP - Getty ImagesJustice Minister Flávio Dino told local press this week that authorities have identified some of the protest’s financiers. In November, the Supreme Court froze 43 bank accounts of people accused of having financed roadblocks that disrupted highway traffic in the wake of Lula’s victory.

☆ Fact Check-Video clip of crowd at Brazil’s National Congress pre-dates January 2023 attack on government buildings
▼ + stars: | 2023-01-11 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A video clip showing throngs of people in front of the National Congress in Brasilia was not filmed on Jan. 8, 2023, when supporters of Brazil’s former president Jair Bolsonaro stormed the country’s Congress, presidential palace and Supreme Court. The video clip pre-dates the protest on Jan. 8. A reverse image search reveals that the clip was uploaded to Twitter in September 2022 (here), archived (archive.is/wip/92qqJ). The clip was filmed in the capital, Brasilia, along Esplanada dos Ministérios, geolocated (archive.is/ZtF31). The video clip has been online since at least September 2022.

☆ Brazil’s Supreme Court Orders Security Chief’s Arrest Over Riots
▼ + stars: | 2023-01-11 | by ( Samantha Pearson | Luciana Magalhaes | ) www.wsj.com time to read: 1 min

BRASÍLIA—Brazil’s Supreme Court said Tuesday it ordered the arrest of the secretary in charge of public security in the capital and the military police commander in the city at the time of Sunday’s riots. Television images on Tuesday showed police emerging from the Brasília home of Anderson Torres, who was fired Sunday as public security secretary in Brasília’s federal district after rioters stormed the presidential palace, Congress and the Supreme Court in what President Luiz Inácio Lula da Silva had described as an attempted coup.

BRASÍLIA—As rioters calling for the ousting of Brazil’s newly elected leftist president ransacked the capital Sunday, many Brazilians wondered whether the country’s right-leaning military would step in and stop the violence. By Sunday evening, they had their answer: Following the orders of President Luiz Inácio Lula da Silva , the army and military police had restored order in the city, despite having many vocal supporters of the right-wing former president, Jair Bolsonaro , in their ranks.

☆ Brazilian judge orders arrest of Bolsonaro’s ex-minister after Brasília rampage
▼ + stars: | 2023-01-11 | by ( ) www.nbcnews.com time to read: +6 min

BRASILIA, Brazil — A Brazilian Supreme Court judge ordered the arrest on Tuesday of the capital’s most recent public security chief after supporters of right-wing former President Jair Bolsonaro led a rampage through government buildings. Supporters of former Brazilian President Jair Bolsonaro storm the National Congress building in Brasília on Sunday. In the arrest warrant, Moraes cited their failure to ensure proper security forces were in place. A Reuters witness spotted police at the Torres family residence in an upscale Brasília neighborhood, where a resident said they left carrying bags. His son, Senator Flavio Bolsonaro, denied on Tuesday that the former president was responsible for the riots on Sunday.

BRASILIA, Jan 11 (Reuters) - The leader of far-right former President Jair Bolsonaro's political party said on Wednesday that any member identified in videos taking part in the ransacking of government buildings on Sunday would be immediately expelled from the party. Valdemar Costa Neto, president of the right-wing Liberal Party, said his party, the largest in Brazil's Congress, condemned the rampage on Sunday in which Bolsonaro supporters vandalized the Supreme Court, Congress and presidential palace. While the PL party has recognized the election result, Bolsonaro has suggested without any evidence that the election was stolen by manipulating Brazil's electronic voting system. Bolsonaro, whose nationalist populism sharply polarized Brazil's electorate during his four-year term, has been named honorary president of the PL. He and his wife Michelle Bolsonaro will have offices at party headquarters with paid salaries.

The government of leftist President Luiz Inacio Lula da Silva bolstered security measures nationwide as flyers appeared on pro-Bolsonaro social media calling for mass demonstrations in Brazilian cities to "retake power." Ricardo Cappelli, the federal official in charge of public security in the capital since Sunday, said all security forces had been mobilized to prevent protests and that there would be no repeat of rioting. So far, 727 of the over 1,500 involved in Sunday's riots have been imprisoned. The Supreme Court on Wednesday upheld Moraes's arrest warrant for Anderson Torres, Bolsonaro's former justice minister who oversaw public security in Brasilia during Sunday's riots. The former president, whom Lula has blamed for inflaming the protests, did not mention Sunday's riots.

Pacheco's office and the U.S. embassy in Brasilia did not immediately respond to requests for comment. Separately, a group of 74 federal lawmakers in the United States and Brazil released a joint statement on Wednesday condemning the political violence in Brasilia and Washington that came two years and two days apart. The statement, signed mainly by progressive lawmakers in both countries, was articulated by the Washington Brazil Office, a group promoting bilateral dialogue in defense of human rights and sustainable development. "It is no secret that ultra-right agitators in Brazil and the United States are coordinating efforts," they wrote, citing ties between associates of Trump and Bolsonaro. The Jan. 6 committee's final report, released last month, said Trump should face criminal charges for inciting the deadly riot.

Anderson Torres, Bolsonaro's justice minister from 2021 to 2022, took a job as Brasilia security chief after leftist President Luiz Inacio Lula da Silva took office on Jan. 1. "This was a structured sabotage operation, commanded by Bolsonaro's ex-minister Anderson Torres," Ricardo Cappelli, the official leading a post-invasion federal intervention into Brasilia's public security, told CNN Brasil. "Torres took over as secretary for security (in Brasilia), dismissed the whole chain of command and then took a trip. The shakeup of capital security highlights a wider challenge facing Lula, whose new government must now deal with a sweeping criminal investigation of the Brasilia riots while establishing a fresh chain of command among police and security forces. For example, the appointment of Torres, 47, at the Justice Ministry followed years of friendly relations with Bolsonaro's family.

[1/2] A Brazilian flag is seen through broken glass following the anti-democratic riots, at Planalto Palace, in Brasilia, Brazil, January 10, 2023. What many banks point to is the assumed risk premium already built in to Brazilian real interest rates. But beyond Brazilian markets, the wide global markets calm surrounding the weekend events was equally curious. After all, Brazil is the 12th largest economy in the world and one of the biggest food and raw materials exporters. Among the 10 biggest risks it lists by likelihood is emerging markets political risks that threaten political institutions.

Brazilian American Vanessa Viana holds a picture of her son when he was a baby outside the house where Brazil's former President Jair Bolsonaro is staying in Florida. Bolsonaro's son, Sen. Flavio Bolsonaro, denied on Tuesday that the former president was responsible for the riots. Brazil's former President Jair Bolsonaro on his hospital bed in Kissimmee, Fla., on Monday. Arthur Ticianeli, a waiter at Eskina restaurant in Kissimmee, is a supporter of former president Bolsonaro. Resort security officers speak to journalists gathered outside the home where Brazil's former President Jair Bolsonaro has been staying on Tuesday.

☆ Brazilian Authorities Detain 1,500 Protesters Involved in Riot
▼ + stars: | 2023-01-10 | by ( Samantha Pearson | Luciana Magalhaes | ) www.wsj.com time to read: 1 min

BRASÍLIA—Brazilian authorities detained about 1,500 supporters of former President Jair Bolsonaro who had participated in riots that targeted the Congress and other buildings, as the government expanded an investigation into the mob and who might have financed it. Protesters supporting Mr. Bolsonaro forced their way into the presidential palace, Congress and Supreme Court in the capital on Sunday, many calling for military intervention to oust Luiz Inácio Lula da Silva , a standard-bearer of the Latin American left who took office a week ago. Mr. da Silva wasn’t in Brasília at the time.

☆ Brazil's 2022 inflation slows sharply, misses government target
▼ + stars: | 2023-01-10 | by ( Marcela Ayres | ) www.reuters.com time to read: +3 min

Central bank chief Roberto Campos Neto is legally required to publish a letter justifying the inflation target miss. It will be released on Tuesday, according to the central bank. That will give the central bank "more cause to delay the start of its easing cycle," Jackson said. According to IBGE, inflation last year was mainly impacted by the increased costs of food and beverages (+11.64%) and health and personal care items (+11.43%). State-run oil giant Petrobras (PETR4.SA) contributed to the disinflationary trend, adopting a series of price cuts when international oil prices settled.

☆ Thousands march to demand the prosecution of Brazil rioters
▼ + stars: | 2023-01-10 | by ( Mithil Aggarwal | ) www.nbcnews.com time to read: +2 min

Thousands of protesters have marched through the streets of Brazil demanding the prosecution of rioters who stormed government buildings in support of former far-right President Jair Bolsonaro. marched late Monday in a loud display of support for the country's democracy, which came under attack Sunday. The rallies came as Bolsonaro's status faced growing scrutiny, with President Joe Biden urged to remove him from the United States. Bolsonaro said late Monday that he had been admitted to a hospital in Florida, posting a picture on Twitter from his hospital bed. Brazil's former President Jair Bolsonaro on his hospital bed in Kissimmee, Fla., on Monday.

Far from ignoring Lula's challenges to control the risks of this institutional shock, investors and analysts said however that the focus remains on fiscal issues when assessing the new government in the long term. If the new parameters are considered weak by the market, it could renew fears of fiscal dominance and prevent the BCB from easing." Discussions of the new fiscal framework are key under Lula's administration, after policymakers have highlighted inflationary risks arising from leftist President-elect's 168 billion reais ($32 billion) spending proposal to meet campaign promises. "The unsettled and deeply divided political environment and related high social tension keeps risk premia high and could undermine overall governability." (.JPMEGDBRAR)A mobilized opposition with the "potential to turn violent" is the main conclusion from Sunday's protests for the political risk advisory Eurasia Group.

☆ Brazil’s Former President Jair Bolsonaro, in Florida, Accused of Provoking Rioters Back Home
▼ + stars: | 2023-01-10 | by ( Ryan Dube | Deborah Acosta | ) www.wsj.com time to read: 1 min

ORLANDO—President Luiz Inácio Lula da Silva laid much of the blame for the rioting that ransacked government buildings on his predecessor: a right-wing populist who has recently been seen thousands of miles away in Florida munching on fried chicken. “There are several speeches by the former president encouraging this,” Mr. da Silva said in a Sunday night television address of his conservative rival, Jair Bolsonaro , the former president. “This is also his responsibility and of those who support him. All of this will be investigated very strongly and quickly.”

It was totally avoidable.”Now, Bolsonaro is in Orlando, where he has supporters among the state's growing number of Brazilian Americans. After Bolsonaro's loss, unfounded claims of election fraud, reminiscent of those in the U.S., began to surface in Brazil. Bannon had said prior to the Brazilian election that Bolsonaro would lose only if “the machines” steal the election. Leading to the presidential elections in Brazil, Trump allies exported many of the former president's campaign strategies to the Latin American country. After Bolsonaro's October loss, tens of thousands of supporters began camping outside military facilities throughout Brazil to protest his loss.

☆ The far-right wore Brazil's national soccer team jersey during anti-democratic riots
▼ + stars: | 2023-01-10 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +7 min

The Brazilian national team's soccer jersey has been appropriated by Bolsonaro for years. When Brazil's national team won the 2019 Copa America, Bolsonaro sat squarely with the players and trophy, smiling ear to ear as he parroted the win. "The Brazilian national team shirt is a symbol of the joy of our people," the CBF tweeted on Monday. "Brazil's yellow shirts shimmered and sparkled in the blistering white sunlight of the Mexican noon — the appointed time of kick-offs to support European TV schedules." "We can't be ashamed of wearing our green and yellow shirt," da Silva said in late November, per The Guardian.

☆ Brazil questions some 1,000 detained protesters after rampage in capital
▼ + stars: | 2023-01-10 | by ( Leonardo Benassatto | ) www.reuters.com time to read: +3 min

Most of the supporters of far-right former President Jair Bolsonaro were detained on Monday as troops dismantled a camp in Brasilia where demonstrators set off on Sunday before storming Brazil's Congress, Supreme Court and presidential palace. Supreme Court Justice Alexandre de Moraes, who is running investigations of the "anti-democratic" protests, vowed in a speech on Tuesday to combat the "terrorists" at work in Brasilia. "Democracy will prevail and Brazilian institutions will not bend," said Moraes at the swearing-in of a new head of the federal police. They visited the ransacked Supreme Court building, which was the site most damaged by the pro-Bolsonaro rioters. The former president was admitted on Monday to hospital in Florida where he flew 48 hours before his term ended.

☆ Morning bid: Obstacle course ahead
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +6 min

San Francisco Fed President Mary Daly and Atlanta Fed chief Raphael Bostic said they expect Fed rates - now at 4.25% to 4.5% - will need to rise to a 5% to 5.25% range to sap inflation. The other big market obstacle of the week is the onset of the U.S. corporate earnings season. Four American banking giants - JPMorgan (JPM.N), Bank of America (BAC.N), Citigroup (C.N) and Wells Fargo (WFC.N) - report earnings on Friday. Diaried events and data releases that may provide direction to U.S. and world markets later on Tuesday:* U.S. Dec NFIB small business survey. * U.S. Federal Reserve Chair Jerome Powell, Bank of Japan governor Haruhiko Kuroda, Bank of England Governor Andrew Bailey, Bank of Canada governor Tiff Macklem and European Central Bank board member Isabel Schnabel all speak at Swedish central bank event.

☆ Biden speaks with Brazilian president after Bolsonaro supporters storm government buildings
▼ + stars: | 2023-01-09 | by ( Zoë Richards | Zoë Richards Is The Evening Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

President Joe Biden extended U.S. support to President Luiz Inácio Lula da Silva of Brazil in a phone call a day after supporters of the country's former far-right leader stormed government buildings in the country's capital. Lula accepted an invitation from Biden to visit Washington early next month to consult on a "wide-ranging shared agenda," the statement said. The call with Lula comes just a day after a group of former President Jair Bolsonaro’s supporters stormed Brazil’s Congress, Supreme Court and presidential palace, similar to the Jan. 6 attack on the U.S. Capitol by Trump supporters. On Sunday, Lula vowed to prosecute rioters involved in the assault on government buildings. He pinned "responsibility" for the attack on Bolsonaro, suggesting that there were “several speeches by the former president encouraging this."

Brazilian authorities have detained an estimated 1,500 people in connection with the attack on government buildings in the country's capital Sunday by supporters of former President Jair Bolsonaro. Security forces arrest supporters of former President Jair Bolsonaro on Sunday after retaking control of the presidential palace in Brasilia. Ton Molina / AFP - Getty ImagesChaos erupted Sunday in Brasilia as mobs protesting the country's presidential election vandalized Brazil's Congress, Supreme Court and presidential palace. He repeatedly asserted that Brazil's electronic voting machines were prone to fraud, with no evidence to support his unfounded claims. An office in Brasilia was destroyed by radical supporters of former President Jair Bolsonaro in a riot Sunday.

☆ Brazil Detains Hundreds More People, Ousts Capital’s Governor After Attacks
▼ + stars: | 2023-01-09 | by ( Samantha Pearson | Luciana Magalhaes | ) www.wsj.com time to read: 1 min

BRASÍLIA—Brazilian authorities detained more than 1,000 supporters of former President Jair Bolsonaro and removed Brasília’s federal district governor, a key ally, from his post Monday after protesters stormed the presidential palace a day earlier in what officials said was an attempt to overthrow the country’s newly-elected president. Protesters supporting the army captain-turned-politician forced their way into the presidential palace, Congress and the Supreme Court in the capital on Sunday afternoon, many calling for military intervention to oust Luiz Inácio Lula da Silva , a standard-bearer of the Latin American left who took office a week ago.

Search resuls for: "Luiz Inacio Lula da Silva"

25 mentions found