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☆ Dollar tentative as investors assess rate-hike path
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +3 min

That led the dollar index , which measures the U.S. dollar against six major currencies, 1.15% lower on Friday. On Monday, the index, which gained 8% in 2022, was 0.01% higher at 103.720. Analysts, however, point to the still tight labour market that is likely to concern Fed officials. With the next Fed meeting scheduled at the start of next month, investors will focus on the consumer price index data due on Thursday. The Australian dollar rose 0.17% versus the U.S. currency to $0.689, while the kiwi gained 0.02% to $0.635.

☆ Asia shares rise on U.S. rate bets, China reopening
▼ + stars: | 2023-01-09 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 1.5% to a five-month top, with South Korean shares (.KS11) gaining 2.1%. S&P 500 futures added 0.2% and Nasdaq futures 0.3%. EUROSTOXX 50 futures added 0.5%, while FTSE futures firmed 0.4%. "China reopening is one upside risk to 2023 EPS, but margin pressures, taxes, and recession present greater downside risks." The market scaled back bets on rate hikes for the Federal Reserve.

☆ Jair Bolsonaro Supporters Storm Brazil’s Congress Buildings
▼ + stars: | 2023-01-09 | by ( Samantha Pearson | ) www.wsj.com time to read: 1 min

SÃO PAULO—Thousands of protesters supporting Brazil’s former President Jair Bolsonaro stormed Congress buildings and those of the country’s Supreme Court in the capital Brasília Sunday, many calling for military intervention to remove Luiz Inácio Lula da Silva , the leftist leader who took office last week. Television images showed protesters breaking windows inside Congress and swarming up the ramp at the entrance to the presidential palace, many dressed in Brazil’s green and yellow national colors, as riot police arrived on the scene.

☆ Déjà coup: How election lies sparked the violent attack on Brazil’s government
▼ + stars: | 2023-01-09 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Election lies lead to election violence. And, like in the US, the warning signs were apparent for some time, with election deniers mobilizing on social media ahead of the attack. “We did see this coming,” Wendy Via, the president of the Global Project Against Hate and Extremism, told the Associated Press. I say 100%, because it’s the same playbook.”That playbook is one of information warfare, where a propagandistic media machine is wielded to disseminate lies casting doubt on unfavorable election outcomes. This can have a devastating effect swaying public opinion, especially in our modern society where lies quickly go viral on social media and trust in mainstream institutions has weakened.

☆ Facebook owner Meta removing content backing Brazil assault
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +2 min

[1/2] Supporters of Brazil's former President Jair Bolsonaro demonstrate against President Luiz Inacio Lula da Silva, in Brasilia, Brazil, January 8, 2023. REUTERS/Adriano MachadoSTOCKHOLM, Jan 9 (Reuters) - Facebook parent Meta (META.O) said on Monday it was removing content supporting or praising the weekend ransacking of Brazilian government buildings by anti-democratic demonstrators. "We are actively following the situation and will continue removing content that violates our policies." Brazilian Supreme Court Justice Alexandre de Moraes has ordered social media platforms to block users spreading anti-democratic propaganda. During a demonstration by Trump supporters in January, 2021, social media companies were criticised for not doing enough.

☆ Brazil protests expose lack of U.S. risk premium
▼ + stars: | 2023-01-09 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

Like the United States, Brazil was until recently led by an autocratic president who refused to concede electoral defeat. It’s perhaps no surprise that Transparency International’s Corruption Perception Index scores Brazil at 38, below the global average, where 100 reflects a society nearly free of malfeasance. The United States scores substantially better at 67, but still below other developed nations. But if investors ever decide to demand a risk premium, it has a long way to fall. The Brazilian real weakened roughly 1% against the U.S. dollar in spot trading, while the benchmark Bovespa stock index fell 0.5%.

☆ Steve Bannon calls Bolsonaro protesters who stormed Brazil's Congress 'freedom fighters'
▼ + stars: | 2023-01-09 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +2 min

Steve Bannon hyped the protesters who stormed Brazil's Congress, calling them "freedom fighters." The former Trump advisor has long stoked unsubstantiated rumors of election fraud in Brazil. Bannon has seized on the issue in the same way he did with Trump's own election fraud claims. Lately Bannon, a former Trump advisor, has also amped unevidenced claims of election fraud in Brazil. A review by Brazil's military late last year found no credible evidence of widespread election fraud, according to The New York Times.

☆ Supporters of Brazil's Bolsonaro engage in post-election unrest
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +2 min

Bolsonaro supporters begin gathering for the first time outside military bases across Brazil, calling for a military intervention to prevent Lula from returning to office. Nov. 2 - Bolsonaro supporters hold rallies across the country, asking for an armed force intervention. Later that day, after the arrest of a pro-Bolsonaro indigenous leader for alleged anti-democratic acts, Bolsonaro supporters try to invade the federal police headquarters in Brasilia, the capital. Dec. 24 - A man is arrested for attempting to set off a bomb in protest against Brazil's election results. Dec. 29 - At least four people are arrested by Brazilian police for an alleged coup attempt during riots by Bolsonaro supporters.

☆ Brazil stocks set to slide as world leaders condemn pro-Bolsonaro riots
▼ + stars: | 2023-01-09 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

BRASILIA, Brazil - Jan. 08, 2023: Damage caused at the Supreme Court by supporters of former Brazilian President Jair Bolsonaro. Bolsonaro's supporters stormed Brazil's Congress, Supreme Court and presidential palace in Brasilia on Sunday. Brazilian stocks are expected to fall on Monday after supporters of right-wing former president Jair Bolsonaro stormed government buildings on Sunday in protest against his election loss. He also accused the former president of encouraging "fascist fanatics," an allegation Bolsonaro denied in a series of tweets on Sunday. In a tweet Sunday night, U.S. President Joe Biden condemned what he called "the assault on democracy and the peaceful transfer of power in Brazil."

☆ Brazil's top court removes Brasilia governor over pro-Bolsonaro riots
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: 1 min

BRASILIA, Jan 8 (Reuters) - Brazil Supreme Court Justice Alexandre de Moraes decided late on Sunday to remove Brasilia Governor Ibaneis Rocha for 90 days alleging security flaws that allowed the invasion of government buildings by supporters of far-right former President Jair Bolsonaro. Moraes also ruled that camps outside military bases set up by coup-mongering Bolsonaro supporters should be lifted within 24 hours and that roads and buildings should be unblocked. Moraes further ordered social media platforms Facebook, Twitter and TikTok to block accounts of users spreading anti-democratic propaganda. Reporting by Lisandra Paraguassu; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.

☆ Brazil's Bolsonaro hospitalized in the U.S. with abdominal pain - report
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: 1 min

SAO PAULO, Jan 9 (Reuters) - Former Brazilian President Jair Bolsonaro was admitted to a hospital in Orlando, Florida, with "abdominal pain," newspaper O Globo reported on Monday, a day after some of his hardcore supporters stormed the capital city of Brasilia. Bolsonaro has been hospitalized multiple times in recent years with gut blockages after being stabbed while campaigning for the presidency in 2018. He traveled to the United States two days before Luiz Inacio Lula da Silva took the office of president. Reporting by Gabriel Araujo; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

☆ The Jan. 6-style attack on Brazil's capital came after Bolsonaro followed the Trump election playbook
▼ + stars: | 2023-01-09 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +7 min

The attack on Brazil's capital came after Bolsonaro closely followed Trump's election playbook. The attack in Brazil's capital came after Bolsonaro followed a near-identical playbook to that of former US President Donald Trump in the lead-up to the fatal January 6 insurrection in Washington, D.C. in 2021. Bolsonaro, like Trump, spread baseless claims of voter fraud ahead of Brazil's presidential election — sowing doubts about the integrity of the electoral process. And, much like Trump, Bolsonaro refused to concede after he was defeated and would go on to skip the inauguration of his successor. In the run-up to Brazil's election, pundits and experts warned that Bolsonaro's rhetoric was setting the stage for the South American country to see its own version of the January 6 riot.

Speaking to reporters, Rui Costa, also a minister in Lula's cabinet, said government meetings were scheduled for Tuesday and the Finance Ministry and Management Ministry will announce measures this week. Hundreds of supporters of former President Jair Bolsonaro stormed and vandalized the Congress, the Supreme Court, and the presidential palace on Sunday. The attacks on state institutions are considered the worst since the country's return to democracy in the 1980s. The minister participated in emergency meetings with Lula and others on Monday. Reporting by Bernardo Caram; Editing by Steven Grattan, Andrea Ricci and Kenneth MaxwellOur Standards: The Thomson Reuters Trust Principles.

☆ Petrobras reinforces security at refineries after threats - sources
▼ + stars: | 2023-01-09 | by ( Sabrina Valle | ) www.reuters.com time to read: +2 min

Jan 8 (Reuters) - Petroleo Brasileiro SA (PETR4.SA) stepped up security at its refineries in a precautionary measure after threats against assets, including Brazil's biggest fuel plant, two company officials said, speaking on condition of anonymity. The threats were detected by Petrobras' intelligence unit monitoring social media communications of supporters of Brazil's far-right former President Jair Bolsonaro, the two people said. The state-controlled company said on Sunday night all its assets and refineries were operating normally. The threats to Petrobras targeted assets such as refineries in Sao Paulo, Rio de Janeiro and Parana states, the people said. Brazil's Mines and Energy Minister, Alexandre Silveira, said Brazil's fuel supply would run normally, as would the country's refineries.

☆ Chile, Colombia call for extraordinary OAS meeting after Brazil riots
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +2 min

SANTIAGO, Jan 9 (Reuters) - Chilean President Gabriel Boric called for an extraordinary meeting of the Organization of American States (OAS) on Monday to address riots in Brazil where supporters of far-right former President Jair Bolsonaro stormed top government buildings. Boric, speaking alongside Colombia President Gustavo Petro outside La Moneda presidential palace in Santiago, called Sunday's riots "unacceptable" and also condemned "complicit silence." Petro, a former rebel and Colombia's first leftist president, compared the attack to the 1973 Chilean coup against Salvador Allende. "We just saw it in Brazil, but it's not just in Brazil," Petro said. Reporting by Alexander Villegas in Santiago and Julia Symmes Cobb Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. State Dept says an individual on official visa and no longer on official business should leave or apply for new status
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Jan 9 (Reuters) - The U.S. State Department said on Monday that it was incumbent on an individual who entered the United States on a so-called "A" visa reserved for diplomats and heads of state to depart the country within 30 days or apply for a change of immigration status if they are no longer engaged in official business. Former Brazilian President Jair Bolsonaro flew to Florida two days before his term ended on Jan. 1, before his supporters stormed the country's capital on Sunday, and is believed to have entered on such a visa. State Department spokesperson Ned Price said at a press briefing that he could not comment on an individual's visa status, but spoke in general about visa rules. "If an individual has no basis on which to be in the United States, an individual is subject to removal by the Department of Homeland Security," Price said. Reporting by Humeyra Pamuk and Simon Lewis Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

☆ Brazil's Bolsonaro hospitalized in U.S. with intestinal discomfort
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +1 min

RIO DE JANEIRO, Jan 9 (Reuters) - Brazil's former President Jair Bolsonaro was admitted to a hospital in Florida with intestinal discomfort due to a stabbing he suffered during the 2018 election campaign, his wife Michelle Bolsonaro said on Monday on Instagram. In Brazil, Dr. Antonio Luiz Macedo, who has been treating Bolsonaro since the stabbing, said he has an intestinal subocclusion, or blockage, but was unlikely to need surgery. Brazilian newspaper O Globo had reported earlier in the day that Bolsonaro had been suffering from abdominal pain. Bolsonaro has undergone six surgeries since his stabbing, four of them directly linked to the attack. On Sunday, Bolsonaro supporters in Brazil's capital launched the worst attack on state institutions since the country's return to democracy in the 1980s.

☆ 'A cowardly and vile attack': Over 400 arrested after Bolsonaro supporters storm Brazil's Congress
▼ + stars: | 2023-01-09 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

World leaders condemned what they described as a "cowardly and vile" attack after thousands of supporters of former Brazilian President Jair Bolsonaro invaded the country's Congress, the Supreme Court and the presidential palace. Brazil's security forces have regained control of the country's political institutions and Brasilia governor Ibaneis Rocha said more than 400 people had been arrested as of Sunday evening. Lula sealed a remarkable return to Brazil's presidency late last year, securing 50.9% of the runoff vote to defeat far-right incumbent Bolsonaro. Many of Bolsonaro's supporters refused to accept the result, however, and political analysts have long feared a U.S.-style attack on the country's prominent government buildings. Lula blamed Bolsonaro for "encouraging" the riots, saying there were several speeches by the former president to incite Sunday's attack.

☆ Brazil's currency, stock futures down after Bolsonaro supporters storm capital
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: 1 min

SAO PAULO, Jan 9 (Reuters) - Brazil's currency on Monday weakened roughly 1% against the dollar in early spot trading after supporters of former President Jair Bolsonaro stormed the country's capital a day earlier. Future contracts for the Bovespa benchmark stock index were down more than 1%, with the Sao Paulo stock market set to open at 10 a.m. (1300 GMT). (.BVSP)"Considering the enormous coverage the event got and the surprise we all had, markets should react negatively, but this should be short term," economists at JPMorgan said in a research note. "As day-to day government work resumes, attention should go back to the macro issues that have been top of mind." Reporting by Luana Maria Benedito, Paula Arend Laier and Gabriel Araujo Editing by Brad HaynesOur Standards: The Thomson Reuters Trust Principles.

☆ Photos and video of chaos in Brazil show an eerily familiar sight for Americans as supporters of Jair Bolsonaro, a Trump ally, storm the country's Congress 2 years after the US Capitol riot
▼ + stars: | 2023-01-09 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Supporters of Jair Bolsonaro stormed Brazil's Congress Sunday with complaints of a stolen election. Protesters, supporters of Brazil's former President Jair Bolsonaro, storm the the National Congress building in Brasilia, Brazil, Sunday, Jan. 8, 2023. Protesters, supporters of Brazil's former President Jair Bolsonaro, sit in front of police after inside Planalto Palace after storming it, in Brasilia, Brazil, Sunday, Jan. 8, 2023. Protesters, supporters of Brazil's former President Jair Bolsonaro, storm the Planalto Palace in Brasilia, Brazil, Sunday, Jan. 8, 2023. Protesters, supporters of Brazil's former President Jair Bolsonaro, clash with police as they storm the Planalto Palace in Brasilia, Brazil, Sunday, Jan. 8, 2023.

☆ Brazil investigates who led anti-democratic riots in capital
▼ + stars: | 2023-01-09 | by ( Anthony Boadle | ) www.reuters.com time to read: +5 min

Supreme Court Justice Alexandre de Moraes also ordered social media platforms Facebook, Twitter and TikTok to block coup-mongering propaganda. Tens of thousands of anti-democratic demonstrators on Sunday invaded the Supreme Court, Congress and the presidential palace and smashed windows, overturned furniture, destroyed art works and stole the country's original 1988 Constitution. The assault raised questions among Lula's allies about how public security forces in the capital were so unprepared and easily overwhelmed by rioters who had announced their plans days ahead on social media. Bolsonaro faces legal risks from several investigations before the Supreme Court in Brazil and his future in the United States, where he traveled on a visa issued only to sitting presidents, is in question. "The United States should not be a refuge for this authoritarian who has inspired domestic terrorism in Brazil.

☆ Bolsonaro's Florida stay puts ball in Biden's court after Brasilia riots
▼ + stars: | 2023-01-09 | by ( Gabriel Stargardter | ) www.reuters.com time to read: +5 min

[1/5] Brazil's President Jair Bolsonaro gestures, as he meets supporters at the Alvorada Palace, in Brasilia, Brazil, December 12, 2022. REUTERS/Adriano MachadoRIO DE JANEIRO, Jan 9 (Reuters) - The United States has a Jair Bolsonaro problem. But Bolsonaro left behind a violent movement of election-denying supporters, who on Sunday stormed Brazil's presidential palace, Congress and Supreme Court. "The United States should not be a refuge for this authoritarian who has inspired domestic terrorism in Brazil. Former Panamanian President Martinelli was extradited from the United States back to Panama in 2018, three years after Panama's Supreme Court issued its arrest warrant.

☆ In pictures: Bolsonaro supporters storm Brazilian government buildings
▼ + stars: | 2023-01-08 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

Global health officials tried to determine the facts of China's raging COVID-19 outbreak and how to prevent a further spread as the Communist Party's mouthpiece newspaper rallied citizens for a "final victory" over the virus.

Chaos struck Brazil's capital on Sunday, when supporters of former Brazilian President Jair Bolsonaro attacked the country's Congress by climbing on top of its roof and breaking the glass in its windows. Supporters of Brazil's former President Jair Bolsonaro rifle through papers on a desk in Planalto Palace, the workplace of Brazil's president, in Brasilia on Sunday. Eraldo Peres / APLula da Silva held a televised address Sunday where he authorized federal intervention within the Federal District until the end of January. Democracy guarantees the right to free expression, but it also requires people to respect institutions," the president tweeted. "And you know that there are several speeches by the former president encouraging this," Lula da Silva said.

☆ Global leaders condemn assault on Brazilian government buildings
▼ + stars: | 2023-01-08 | by ( ) www.reuters.com time to read: +7 min

Brazil's democratic institutions have our full support and the will of the Brazilian people must not be undermined. Using violence to attack democratic institutions is always unacceptable. BOLIVIAN PRESIDENT LUIS ARCE"We strongly condemn the assault on the Brazilian Congress, Palace and Supreme Court by anti-democratic groups. A return to normality is urgently needed and we express solidarity with Brazilian institutions. We categorically condemn the assault on the Brazilian Congress and make a call for the immediate return to democratic normality."

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