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☆ This is the world's next major election. The winner has to fix chronic hyperinflation and halt a 6th recession in 10 years.
▼ + stars: | 2023-11-11 | by ( George Glover | ) www.businessinsider.com time to read: +9 min

AdvertisementAdvertisementArgentina is getting ready to choose its next president — and the country's economy is a mess. Triple-digit inflationSoaring prices are perhaps the best-known problem plaguing Argentina's economy, but far from the only issue that policymakers are battling. The currency is managed by Argentina's central bank. If, or more likely when, Argentina's economy slips into another recession, it'll be the sixth such occurrence in the past decade. His proposed policies include abolishing Argentina's central bank altogether and adopting the dollar, which economists have warned could end up pushing the country even closer to a default.

Persons: —, Sergio Massa, Javier Milei, Manuel Cortina, Lucila Bonilla, Bonilla, they've, Kimberley Sperrfechter, There's, there's, Massa, Cristina Sille, Donald Trump, Bolsonaro, they'll, Sperrfechter Organizations: Service, Union, Homeland, Triple, Consumer, National Institute of Statistics, Argentinian, Oxford Economics, The Central Bank of, International Monetary Fund, Reuters, World Bank, FX, Central Bank of, Peronist Locations: Argentina, American, Buenos Aires, Central Bank of Argentina

☆ Amazon deforestation falls more than 20% to its lowest levels in 5 years
▼ + stars: | 2023-11-10 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

The Amazon jungle is the world’s largest rainforest and its protection is seen as vital to curbing climate change. “It’s an impressive result and seals Brazil’s return to the climate agenda,” said Marcio Astrini, head of advocacy group Climate Observatory. Still, this year’s deforestation rate remains nearly twice that of the all-time low in forest destruction in 2012 and far from Lula’s pledge to reach zero deforestation by 2030. Under the right-wing former president, destruction at the hands of ranchers, land speculators and miners surged to a 15 year high. The official annual period is measured from August to July as there is less cloud cover in the middle of the year to obscure deforestation on satellite images.

Persons: Luiz Inacio Lula da Silva, Jair Bolsonaro, Bolsonaro, ”, Marcio Astrini, Lula Organizations: CNN

A general view shows the water conditions in the Piraiba river before a summit of Amazon rainforest nations, in Belem, Para state, Brazil August 5, 2023. The Amazon jungle is the world's largest rainforest and its protection is seen as vital to curbing climate change. "It's an impressive result and seals Brazil's return to the climate agenda," said Marcio Astrini, head of advocacy group Climate Observatory. Under the right-wing former president, destruction at the hands of ranchers, land speculators and miners surged to a 15 year high. The official annual period is measured from August to July as there is less cloud cover in the middle of the year to obscure deforestation on satellite images.

Persons: Ueslei Marcelino, Luiz Inacio Lula da Silva, Jair Bolsonaro, Bolsonaro, Marcio Astrini, Lula, Peter Frontini, Jake Spring, Kylie Madry, David Gregorio Our Organizations: REUTERS, SAO PAULO, Thomson Locations: Belem , Para, Brazil

On Wednesday, Brazil arrested two people on terrorism charges as part of an operation to take down a suspected Hezbollah cell planning attacks on Brazilian soil. Later that day, Mossad publicly thanked Brazil's police and said, "Given the backdrop of the war in Gaza," Hezbollah was continuing to attack Israeli, Jewish and Western targets. A spokesperson for the Israeli Prime Minister's Office, which oversees the Mossad, had no immediate comment. Brazil's Foreign Ministry told Israel this week that the diplomatic relationship would become unsustainable if any harm were to befall the trapped Brazilians, the sources said. The Iranian government and Hezbollah, an Iran-backed group in Lebanon, could not immediately be reached for comment.

Persons: Brazil's, Flavio Dino, Israel, Dino, Luiz Inacio Lula da Silva, Eli Cohen, Mauro Vieira, Vieira, Daniel Zonshine, Jair Bolsonaro, Lula, Zonshine, Andrei Rodrigues, Rodrigues, Gabriel Stargardter, Maytaal Angel, Jonathan Saul, Andrew Heavens, Brad Haynes, David Gregorio, Leslie Adler Organizations: RIO DE, Brazilian Federal Police, Prime, Office, Mossad, Foreign Ministry, Reuters, O Globo, Wednesday's Federal Police, Federal Police, Hezbollah, Thomson Locations: RIO DE JANEIRO, Brazil, Israel, Gaza, Bolivia, Colombia, Chile, Iran, Lebanon

Brazil's Federal Police said in a statement they arrested two people, who they did not name, on terrorism charges in Sao Paulo. They also carried out search and seizure warrants in Sao Paulo, Brasilia and Minas Gerais states. Mossad thanked Brazilian security services for their role in helping to thwart the attack. Mossad said the "terrorist cell ... was operated by Hezbollah in order to carry out an attack on Israeli and Jewish targets in Brazil." Since the Oct. 7 attack, Hezbollah has been engaging Israeli forces along the border, in the deadliest escalation since it fought a war with Israel in 2006.

Persons: Benjamin Netanyahu's, Ricardo Berkiensztat, Jair Bolsonaro, Rodrigo Viga Gaier, Gabriel Stargardter, Steven Grattan, Lisandra, James Mackenzie, Lisa Shumaker Organizations: RIO DE, Hezbollah, Brazil's Federal Police, Islamic State, U.S . FBI, U.S . Treasury, Triple, Federal Police, Reuters, Jewish Federation of, State of, Iran's, Guards, Thomson Locations: RIO DE JANEIRO, Brazil, Iran, Sao Paulo, Brasilia, Minas Gerais, Lebanon, al Qaeda, Argentina, Paraguay, Israel, Gaza, State, State of Sao Paulo, Britain, Canada, Germany, Honduras, United States, U.S, Gulf, Jerusalem

[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

Nov 2 (Reuters) - Air pollution, a global scourge that kills millions of people a year, is shielding us from the full force of the sun. "It's this Catch-22," said Patricia Quinn, an atmospheric chemist at the U.S. National Oceanic and Atmospheric Administration (NOAA), speaking about cleaning up sulphur pollution globally. "If you implement technologies to reduce air pollution, this will accelerate – very significantly – global warming in the short term." The Chinese and Indian environment ministries didn't immediately respond to requests for comment on the effects of pollution unmasking. As the implications of the pollution unmasking become more apparent, experts are casting around for methods to counter the associated warming.

Persons: poring, Patricia Quinn, Paulo Artaxo, Xi Jinping, Xi, El, Yangyang Xu, Xu, unmasking, Laura Wilcox, COVID, Sergey Osipov, Michael Diamond, Jake Spring, David Stanway, Sakshi Dayal, Katy Daigle Organizations: U.S . National Oceanic, Atmospheric Administration, NOAA, Reuters, World Health Organization, U.S . Clean, National People's, China Meteorological Administration, El Nino, M University, Britain's University of Reading, India Meteorological Department, India, Clean, Programme, King Abdullah University of Science, Technology, Florida State University, Thomson Locations: India, China, Beijing, 10.34C, Texas, Chongqing, Wuhan, SO2, heatwaves, Xinjiang, INDIA, Europe, Northern China, U.S, Saudi Arabia, Sao Paulo, Singapore, New Delhi

☆ Boris Johnson's response to COVID was 'mad and dangerous’- top official
▼ + stars: | 2023-10-30 | by ( Andrew Macaskill | ) www.reuters.com time to read: +2 min

LONDON, Oct 30 (Reuters) - Former British Prime Minister Boris Johnson's approach to dealing with the COVID-19 pandemic was "mad and dangerous" and his constant indecision made it "impossible" to tackle the virus, the government's top civil servant told officials. In the autumn of 2020 when the government was discussing how to suppress the virus, Case said of Johnson: "He cannot lead and we cannot support him under these circumstances. "This is in danger of becoming Trump/Bolsonaro level mad and dangerous," Case told other colleagues. Martin Reynolds, Johnson's former principal private secretary who appeared before the inquiry on Monday, said there was a culture of dysfunctionality and misogyny at the heart of government during the crisis. I think that remains an ongoing cultural issue, which I think we could have done more to address," Reynolds said.

Persons: Boris Johnson's, Simon Case, Case, Johnson, Donald Trump, Jair Bolsonaro, Martin Reynolds, Johnson's, Reynolds, Andrew MacAskill, Elizabeth Piper, Ed Osmond Organizations: British, Trump, Thomson

☆ Brazilian Oil Industry Gets Support From New Congressional Caucus
▼ + stars: | 2023-10-26 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +3 min

By Anthony BoadleBRASILIA (Reuters) - Brazilian lawmakers have set up a congressional caucus to represent Brazil's oil and gas industry, led by state-run producer Petrobras, and to back the company's plans to explore offshore fields near the mouth of the Amazon River. Petrobras has planned to explore in the so-called Northern Brazilian Equatorial Margin, following major discoveries in neighboring Guyana and Suriname. We have to explore for oil at the mouth of the Amazon," Pazuello said. The Parliamentary Front in Support of Oil, Gas and Energy, as the caucus is called, was launched on Tuesday with 217 members, or 42% of the lower chamber of Congress. He said the launch of the caucus received unprecedented support in Congress and was a non-partisan effort.

Persons: Anthony Boadle BRASILIA, Eduardo Pazuello, Luiz Inacio Lula da Silva's, Pazuello, Equinor, Washington Quaquá, Jair Bolsonaro, Anthony Boadle, Rod Nickel Organizations: Reuters, Petrobras, Wednesday, Mines and Energy Ministry, Gas, Energy, Lula's Workers Party Locations: Para, Guyana, Venezuela, Suriname, Brazil, Rio de Janeiro

BRASILIA, Oct 26 (Reuters) - Brazil's Finance Ministry is preparing a decree that nearly doubles the tax on the sale of firearms and ammunition, arguing that the measure is necessary to boost revenue and reduce crime, according to a draft document seen by Reuters. Prepared by the revenue service at the request of Finance Minister Fernando Haddad, the decree raises the industrial tax on revolvers, pistols, shotguns, carbines, pepper spray, and other equipment from 29.25% to 55%, in addition to also increasing the tax on ammunition. The proposal was sent by the revenue service to the ministry's executive secretary, Dario Durigan, on Wednesday night. The revenue service declined to comment. The move aligns with other actions by leftist Lula, who has consistently opposed policies that encourage the sale and use of firearms.

Persons: Fernando Haddad, Dario Durigan, Luiz Inacio Lula da Silva, Lula, Jair Bolsonaro, Bernardo Caram, Bill Berkrot Organizations: Brazil's Finance Ministry, Reuters, Finance, Thomson Locations: BRASILIA

☆ Paulo Trevisani — Reporter at The Wall Street Journal
▼ + stars: | 2023-10-25 | by ( Paulo Trevisani | ) www.wsj.com time to read: +1 min

Paulo TrevisaniPaulo Trevisani is a Market Talk reporter covering bond markets, ETFs, the Brazilian economy and other subjects for both Dow Jones Newswires and The Wall Street Journal. Paulo has broken news on currency markets and fintechs, while also writing about new ETFs, Treasurys, Brazilian central bank moves, Amazon deforestation and ESG investments. Paulo covered the jailing of political leaders accused of corruption and the rise of Jair Bolsonaro, a.k.a. Paulo found an unemployed gospel singer who made a living scavenging Latin America's largest trash dump. Paulo was born in Brazil, where he started his career as a journalist working for local media and focusing on the economy.

Persons: Paulo Trevisani Paulo Trevisani, Dow Jones Newswires, Paulo, Jair, Trump Organizations: Street Journal Locations: Brazilian, Brazil

☆ Lula approval falls on view Brazil economy slipping -Genial/Quaest poll
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

Brazil's President Luiz Inacio Lula da Silva attends a meeting with Chinese Politburo Standing Committee member, Li Xi at the Planalto Palace in Brasilia, Brazil September 22, 2023. REUTERS/Adriano Machado/File Photo Acquire Licensing RightsBRASILIA, Oct 25 (Reuters) - Approval of President Luiz Inacio Lula da Silva's performance has fallen on Brazilian worries that Latin America's largest economy is worsening, a new Genial/Quaest poll showed on Wednesday. Approval of his way of governing has fallen to 54% in October from 60% in August, while 42% of those polled say he is doing a bad job, up from 35% in the previous survey. Genial/Quaest interviewed 2,000 people of voting age between Oct. 19 and Oct. 22. The poll has a 2.2 percentage point error margin.

Persons: Luiz Inacio Lula da Silva, Li Xi, Adriano Machado, Luiz Inacio Lula da, Quaest pollster Felipe Nunes, Lula, Jair Bolsonaro, Quaest, Anthony Boadle, Steven Grattan, Jonathan Oatis, Deepa Babington Organizations: REUTERS, Rights, Thomson Locations: Brasilia, Brazil, Rights BRASILIA

Milei is in a weaker position than expected. Mr. Milei had entered Sunday as the clear favorite, with some in his campaign predicting that he could win the election outright in the first round. Mr. Milei has attracted a lot of attention for his promises to radically overhaul the Argentine government and economy with a plan to eliminate the nation’s central bank and replace its currency with the U.S. dollar. But analysts said that his brash political style, which had drawn comparisons to Mr. Trump and Jair Bolsonaro, Brazil’s former right-wing president, likely turned away many centrist voters. “The supporters who made memes of him with Bolsonaro and Trump didn’t do him any favors,” said Brian Winter, a Latin American analyst and former journalist in Argentina.

Persons: Milei, Massa, Trump, Jair, Brazil’s, “, ”, Brian Winter Organizations: Argentine, U.S ., Bolsonaro, Trump Locations: Argentina

☆ Explainer-Argentina Presidential Election: Key Takeaways From First-Round Vote
▼ + stars: | 2023-10-23 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +4 min

Massa and Milei will go to a run-off vote on Nov. 19 to take the presidency from mid-December, replacing outgoing center-left Peronist President Alberto Fernandez. Massa ended the night with 36.7% of the vote versus Milei on around 30%. Juan Schiaretti, who got a higher-than-expected vote share of nearly 7%, could also play an important king-maker role. Argentina's election race comes at a time of major uncertainty for the South American country facing its worst economic crisis in two decades. Any incoming government will have to resuscitate an economy facing triple-digit inflation, negative net foreign exchange reserves, and a sliding currency.

Persons: Maximilian Heath BUENOS, Sergio Massa, Javier Milei, Massa, Milei, Alberto Fernandez, Conservative Patricia Bullrich, Milei's, Donald Trump, Jair Bolsonaro, Juan Schiaretti, pollsters, Maximilian Heath, David Holmes Organizations: Reuters, Peronist Economy, Milei, Conservative, La Libertad Avanza, U.S, la Patria, Peronist, BE, WHAT'S, South, International Monetary Locations: Maximilian Heath BUENOS AIRES, Argentina, Brazilian, Massa, South American

☆ Far-Right Candidate Heads to Runoff in Argentina Election
▼ + stars: | 2023-10-22 | by ( Jack Nicas | More About Jack Nicas | ) www.nytimes.com time to read: +1 min

“For Milei, this should be a shock,” said Ignacio Labaqui, an Argentine political analyst. Mr. Milei received nearly the same percentage of the vote as in the primary election, he said, while Mr. Massa’s support grew after a campaign focused on the dangers of a Milei presidency. “Massa has a very strong chance to become Argentina’s next president,” Mr. Labaqui added. Those plans have gained traction with millions of Argentines as the nation grapples with its worst economic crisis in decades. Mr. Milei has also attracted attention in Argentina and abroad for his bellicose political style that has drawn comparisons — which he has embraced — to Donald J. Trump and Jair Bolsonaro, Brazil’s former president.

Persons: ”, Ignacio Labaqui, Milei, “ Massa, Argentina’s, ” Mr, Labaqui, —, Donald J, Trump, Jair, Tucker Carlson Organizations: Argentine, U.S ., Fox News Locations: Argentine, Argentina

☆ Argentina heads to the polls in grip of fierce economic crisis
▼ + stars: | 2023-10-22 | by ( Nicolás Misculin | ) www.reuters.com time to read: +3 min

Workers load ballot boxes and voting material into a truck, ahead of the presidential election, in Buenos Aires, Argentina October 21, 2023. Milei, pledging to "chainsaw" the economic and political status quo, is the candidate to beat, with angry voters flocking to his tear-it-all-down message, fed up with inflation at 138% and poverty affecting over two-fifths of the population. Massa, current economy chief, remains in the running despite overseeing inflation hitting triple digits for the first time since 1991. He is pledging to cut the fiscal deficit, stick with the peso and defend the Peronist social welfare safety net. Pollsters see her as the most likely of the top three runners to miss out on a second round.

Persons: Mariana Nedelcu, Argentina's, Javier Milei, Sergio Massa, Patricia Bullrich, Milei, Federico Aurelio, Donald Trump, Jair Bolsonaro, Massa, Bullrich, Nicolas Mercado, Flavia Vázquez, Pollsters, Nicolas Misculin, Adam Jourdan, Chizu Organizations: REUTERS, American, Peronist Economy, International Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, China, Brazil

☆ Argentina Heads to the Polls in Grip of Fierce Economic Crisis
▼ + stars: | 2023-10-22 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +3 min

Milei, pledging to "chainsaw" the economic and political status quo, is the candidate to beat, with angry voters flocking to his tear-it-all-down message, fed up with inflation at 138% and poverty affecting over two-fifths of the population. Amid this crisis Milei has risen abruptly, pledging shock therapy to fix the economy including dollarizing, shutting the central bank, slashing the size of government drastically and privatizing state entities. Massa, current economy chief, remains in the running despite overseeing inflation hitting triple digits for the first time since 1991. He is pledging to cut the fiscal deficit, stick with the peso and defend the Peronist social welfare safety net. Pollsters see her as the most likely of the top three runners to miss out on a second round.

Persons: Argentina's, Javier Milei, Sergio Massa, Patricia Bullrich, Milei, Federico Aurelio, Donald Trump, Jair Bolsonaro, Massa, Bullrich, Nicolas Mercado, Flavia Vázquez, Pollsters, Nicolas Misculin, Adam Jourdan, Chizu Organizations: Reuters, American, Peronist Economy, International Monetary Fund Locations: Misculin BUENOS AIRES, China, Brazil, Buenos Aires

☆ Mired in economic crisis, Argentines weigh whether to hand reins to anti-establishment populist
▼ + stars: | 2023-10-22 | by ( ) www.cnbc.com time to read: +6 min

Argentines were going to the polls Sunday, as frustrated voters weigh handing the presidency to an anti-establishment, right-wing populist who has shaken up the political system and pledges to drastically overhaul the state. "Argentina is in for a wild ride," Benjamin Gedan, director of the Latin America program at the Washington-based Wilson Center, said. Whatever the results, Milei has already inserted himself and his libertarian party into a political structure dominated by a center-left and a center-right coalition for almost two decades. Argentines were also buying dollars and removing hard currency deposits from banks as the peso accelerated its already steady depreciation. That message resonated among many Argentines who watched their economic prospects wither under successive administrations in which both Massa and Bullrich served.

Persons: Javier Milei, Donald Trump, Benjamin Gedan, Milei, Patricia Bullrich, Sergio Massa, Massa, Bullrich, Ignacio Cardozo, Cristian Ariel Jacobsen, Jair, Eduardo, Tucker Carlson admiringly, Daniel Noboa Organizations: U.S ., America, Wilson Center, Former, Economy, Massa, Vox, Fox News, Trump Locations: Argentina, Washington, South, Buenos Aires, Ecuador

☆ Argentina’s far-right firebrand Javier Milei is the one to beat in a wide-open presidential race
▼ + stars: | 2023-10-20 | by ( Sam Meredith | ) www.cnbc.com time to read: +4 min

Javier Milei presidential candidate of the La Libertad Avanza (Freedom Advances) party, speaks at the campaign closing event on Oct.18, 2023. The first-round presidential vote follows a shock primary win for far-right frontrunner Javier Milei, a libertarian outsider who has pledged to dollarize the economy, abolish the country's central bank, and sharply reduce state spending. (L-R) Presidential Candidate for Juntos Por el Cambio Patricia Bullrich waves to supporters alongside Vice Presidential Candidate Luis Petri and former President of Argentina Mauricio Macri during her closing presidential rally on Oct. 19, 2023 in Lomas de Zamora, Argentina. The race to replace Argentine President Alberto Fernandez, who is not seeking re-election, is unlikely to be decided this weekend. Sergio Massa, Argentina's economy minister and presidential candidate of Unity for the Homeland party, speaks during a closing campaign rally in Buenos Aires, Argentina, on Wednesday, Oct. 18, 2023.

Persons: Javier Milei, Donald Trump, Jair Bolsonaro, Sergio Massa, Patricia Bullrich, Jimena Blanco, Verisk Maplecroft, Massa, Luis Petri, Argentina Mauricio Macri, Marcos Brindicci, Mariano Machado, Mauricio Macri, Machado, Alberto Fernandez, Verisk Maplecroft's Blanco Organizations: La Libertad, Getty, La Libertad Avanza, la Patria coalition, el Cambio, Verisk, CNBC, Juntos, Lomas de Zamora, Americas, Milei, Argentine, Unity, Homeland, Bloomberg Locations: Argentina, Milei, Bullrich, Lomas de, Argentina's, Buenos Aires

MADRID/BRASILIA, Oct 20 (Reuters) - Argentina and Brazil are requesting 12.5 billion euros ($13.2 billion) in financial aid from the European Union in talks to conclude a trade agreement with South America's Mercosur bloc, according to a document seen by Reuters. Three EU and South American diplomats confirmed the Argentine request, which is backed by Brazil, in the rotating presidency of the four-nation Mercosur. A European diplomat involved in the talks told Reuters the 12.5 billion euros number was "floated" but that any support "would not be anything like that figure." The new aid request was made in a Mercosur counterproposal to an EU addendum proposing environmental safeguards. But the financial aid request and reopening of the public procurement chapter could prevent a final deal this year.

Persons: videoconferences, Xiana Mendez, Belen Carreño, Anthony Boadle, Brad Haynes, Jonathan Oatis Organizations: European Union, South America's Mercosur, Reuters, EU, South, Argentine, Mercosur, Thomson Locations: MADRID, BRASILIA, Argentina, Brazil, Mercosur, Uruguay, Paraguay, European, Brussels, Brasilia, Valencia

☆ Bolsonaro faces mounting legal woes in Brazil
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +3 min

Former Brazilian President Jair Bolsonaro leaves the Federal Police headquarters after testifying about the January 8 riots, in Brasilia, Brazil, October 18, 2023. The far-right former army captain was already the subject of police probes before and during his four years in office. Bolsonaro has repeatedly denied breaking any laws, and calls allegations against him a witch hunt by his political opponents. Among the legal headaches now facing Bolsonaro:BARRED FROM OFFICE TILL 2030In June, Brazil's federal electoral court (TSE) barred Bolsonaro from public office until 2030 for his conduct during last year's election. The inquiry has no power to punish Bolsonaro or others, but can issue recommendations for them to face criminal or civil charges.

Persons: Jair Bolsonaro, Ueslei Marcelino, Jair, Luiz Inacio Lula da Silva, Bolsonaro, Bolsonaro's, Mauro Cid, Cid, Gabriel Stargardter, Brad Haynes, Jonathan Oatis Organizations: Federal Police, REUTERS, DE, Supreme, Thomson Locations: Brasilia, Brazil, DE JANEIRO, United States, Saudi

☆ Brazil congressional probe calls for Bolsonaro to face criminal charges
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +3 min

[1/4] Former Brazilian President Jair Bolsonaro speaks with the media as he leaves the Federal Police headquarters after testifying about the January 8 riots, in Brasilia, Brazil, October 18, 2023. On Tuesday, Gama, the rapporteur of the inquiry, had recommended that Bolsonaro should face charges of criminal association, political violence, disrupting the democratic order and an attempted coup d'état. The inquiry has no power to punish Bolsonaro or his allies but can issue recommendations for prosecutors to file criminal or civil charges. The findings of the congressional inquiry only add to Bolsonaro's legal woes, which have grown since he begrudgingly stepped down last year. Mauro Cid was allegedly a key player in two high-profile criminal probes into Bolsonaro.

Persons: Jair Bolsonaro, Ueslei Marcelino, Jair, Luiz Inacio Lula da Silva, Eliziane Gama's, Bolsonaro, Walter Braga Netto, Augusto Heleno, Gama, begrudgingly, Lula, Mauro Cid, Maria Carolina Marcello Organizations: Federal Police, REUTERS, Rights, Wednesday, Supreme, Police, Thomson Locations: Brasilia, Brazil, Rights BRASILIA, Gama, United States, Saudi

An Indigenous named Raimundo Praia from Mura people looks on in a deforested area of a non-demarcated indigenous land in the Amazon rainforest near Humaita, Amazonas State, Brazil, August 20, 2019. REUTERS/Ueslei Marcelino/File Photo Acquire Licensing RightsCompanies Brazil Potash Corp FollowBRASILIA, Oct 18 (Reuters) - A federal appeals court has overturned an injunction suspending the license for Canadian firm Brazil Potash Corp to build Latin America's largest fertilizer mine in the Amazon rainforest. She also ruled that a license must come from federal environmental agency IBAMA and not state agency IPAAM. Brazil Potash on Wednesday declined to comment on the ruling, which was based on an appeal by the state environmental agency IPAAM. Brazil Potash says it would have minor environmental impact because salt separated from the potash at a processing plant would be returned underground.

Persons: Raimundo, Ueslei Marcelino, IPAAM, Jaiza, Alexandre Silveira, Silveira, Soares, Joenia Wapichana, Sergio Mura, Stan Bharti's Forbes, Governor Wilson Lima, Anthony Boadle, Marguerita Choy, Bill Berkrot, Diane Craft Organizations: REUTERS, Rights, Brazil, Corp, Federal Regional Tribunal, Reuters, Mines, Energy, Funai, Capital, Stan Bharti's Forbes & Manhattan Group, Thomson Locations: Raimundo Praia, Mura, Humaita, Amazonas State, Brazil, BRASILIA, Manaus, , Brasilia, Autazes, Amazonas, Toronto

☆ Factbox-Bolsonaro Faces Mounting Legal Woes in Brazil
▼ + stars: | 2023-10-18 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +3 min

The far-right former army captain was already the subject of police probes before and during his four years in office. But his efforts to undermine faith in Brazil's voting system, which culminated in a Jan. 8 insurrection by thousands of his supporters in Brasilia, have only added to his problems. Bolsonaro has repeatedly denied breaking any laws, and calls allegations against him a witch hunt by his political opponents. Among the legal headaches now facing Bolsonaro:BARRED FROM OFFICE TILL 2030In June, Brazil's federal electoral court (TSE) barred Bolsonaro from public office until 2030 for his conduct during last year's election. Last month, after months in jail, Cid agreed to cooperate with the federal police and was freed from behind bars.

Persons: Jair, Luiz Inacio Lula da Silva, Bolsonaro, Bolsonaro's, Mauro Cid, Cid, Gabriel Stargardter, Brad Haynes, Jonathan Oatis Organizations: RIO DE, Reuters, Supreme Locations: RIO DE JANEIRO, Brasilia, United States, Saudi

☆ Brazil's Congressional Committee Calls for Bolsonaro to Face Criminal Charges
▼ + stars: | 2023-10-18 | by ( Oct. | At P.M. | ) www.usnews.com time to read: 1 min

BRASILIA (Reuters) - A Brazil congressional probe into the Jan. 8 insurrection by thousands of Jair Bolsonaro's supporters on Wednesday recommended that the far-right former president and some of his allies be charged with an attempted coup d'état and other crimes.

Persons: Jair Organizations: Reuters, Wednesday Locations: BRASILIA, Brazil

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