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Phoenix police said they had arrested Daniel Mota Dos Reis, 36, in connection to a burglary. "We are very thankful that the Phoenix Police Department acted so quickly to arrest a suspect," Hobbs' campaign manager, Nicole DeMont, said in a statement. In recent days, Hobbs' campaign and Republican opponent Kari Lake have traded barbs over the incident. Hobbs' campaign said Lake's harsh rhetoric and embrace of Trump's election falsehoods created the conditions for the burglary to take place. They added that police had recovered the items allegedly stolen by Dos Reis.
Already fighting from behind, Democrats' chances of keeping the House have slipped further in the last month. In a letter to Democratic colleagues on Thursday, House Speaker Nancy Pelosi called on House members to make a point of defending their record on crime. Republican groups including Citizens for Sanity, headed by former aides to Trump, poured money in recent weeks into ads criticizing Democrats as weak on crime and illegal immigration. In a Reuters/Ipsos poll released Tuesday, respondents were twice as likely to list crime, rather than abortion rights, as the country's biggest problem. Shield PAC, a Third Way-affiliated political action committee, launched ads on Monday promoting the law enforcement records of Virginia's Elaine Luria and Minnesota's Angie Craig, both endangered Democrats.
Lula leads Bolsonaro as Brazil's election draws nearer
  + stars: | 2022-10-27 | by ( ) www.reuters.com   time to read: 1 min
SAO PAULO, Oct 27 (Reuters) - Brazilian leftist leader Luiz Inacio Lula da Silva's lead over President Jair Bolsonaro slightly increased, just days before a Sunday runoff vote, a poll by Datafolha showed on Thursday. Lula reached 49% of voter support against 44% for the incumbent Bolsonaro, compared to 49% and 45% respectively in the previous poll eight days ago. Datafolha interviewed 4,580 voters between Oct. 25-27 and the poll had a margin of error of 2 percentage points up or down. Reporting by Peter Frontini Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
Brazil's Lula widens lead slightly over Bolsonaro in two polls
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +1 min
SAO PAULO, Oct 26 (Reuters) - Brazilian presidential candidate Luiz Inacio Lula da Silva's lead over President Jair Bolsonaro has widened slightly to 6 percentage points less than one week ahead of a runoff vote, two polls showed on Wednesday. read moreLula would win 53% of the valid votes, up from last week's 52%, against 47% for Bolsonaro, who had 48% in the previous poll, a survey by PoderData said. A poll by Genial/Quaest found Lula widening his lead slightly to 48% of voter support, while Bolsonaro remains at 42%. Excluding blank or annulled votes and the undecided, Lula had 53% of the votes to Bolsonaro's 47%, the same numbers for valid votes as the PoderData poll showed. Pollster Genial/Quaest interviewed 2,000 people in person and its survey has a margin of error of 2 percentage points.
[1/4] An aerial view shows a deforested plot of the Amazon rainforest in Manaus, Amazonas State, Brazil July 8, 2022. REUTERS/Bruno Kelly/File PhotoSAO PAULO, Oct 26 (Reuters) - Brazil's presidential election on Sunday may determine the fate of the Amazon jungle, the world's largest rainforest, after deforestation soared in the past four years under President Jair Bolsonaro. Destruction in the Amazon rainforest last year hit the highest level since 2006, according to the government's space research agency INPE. Lula took office in 2003 with levels of Amazon deforestation near all-time highs. By 2010, his last year in office, deforestation had fallen by 72% to near record lows.
The new measures will cost some 273 billion reais ($52 billion) this year and next, according to an analysis of government figures by Reuters, adding to fiscal challenges for whoever wins the election. Congressional approval is pending for 146 billion reais worth of that spending. Federal prosecutors responsible for enforcing electoral law have not taken up calls to investigate the allegations of the president’s abuse of his budgetary authority. Lula led Bolsonaro in the first-round vote by 5 percentage points overall, an advantage that opinion polls showed was bolstered by lower-income Brazilians. Auxilio Brasil is not the only program that government critics and legal experts have flagged on suspicion of skirting electoral law.
Brazil's Telefonica third-quarter profit up more than 9%
  + stars: | 2022-10-25 | by ( ) www.reuters.com   time to read: +1 min
SAO PAULO, Oct 25 (Reuters) - Telefonica Brasil (VIVT3.SA) posted a wider third-quarter net profit on Friday, up 9.3% compared to the same quarter last year, with gains in part due to strong revenue growth in its mobile unit. The company's net income totaled 1.436 billion reais ($270.15 million) during the July through September period, according to a filing with the Brazilian stock exchange. The firm is a unit of Spain's Telefonica (TEF.MC) and operates in Brazil under the Vivo brand. Recurring earnings before interest, taxes, depreciation and amortization came in at 4.957 billion reais. ($1 = 5.3156 reais)Reporting by Peter Frontini and Carolina Pulice; Editing by David Alire Garcia and David GregorioOur Standards: The Thomson Reuters Trust Principles.
The new measures will cost some 273 billion reais ($52 billion) this year and next, according to an analysis of government figures by Reuters, adding to fiscal challenges for whoever wins the election. Congressional approval is pending for 146 billion reais worth of that spending. Federal prosecutors responsible for enforcing electoral law have not taken up calls to investigate the allegations of the president's abuse of his budgetary authority. Lula led Bolsonaro in the first-round vote by 5 percentage points overall, an advantage that opinion polls showed was bolstered by lower-income Brazilians. Auxilio Brasil is not the only program that government critics and legal experts have flagged on suspicion of skirting electoral law.
SAO PAULO, Oct 24 (Reuters) - A decline in Brazilian cattle prices this year and strong demand for the country's beef exports will widen Brazilian meatpackers' margins in the short term, according to analysts, though weakness in the domestic market could undercut those gains. "The margins of slaughterhouses that export has improved," said Alcides Torres, director of Scot Consultoria. Beef prices in Brazil have been dropping on the back of a higher number of cattle coming to market as well as the more aggressive negotiating stances adopted by foreign buyers, especially China. A weaker yuan currency has pushed China, which accounted for almost 53% of Brazilian beef purchases in September, to press for discounts from sellers in the South American nation, Safras & Mercado analyst Fernando Iglesias said. Brazil's beef exports in October have already surpassed those from the same month in 2021, according to government data.
BRASILIA, Oct 24 (Reuters) - Fiscal responsibility will not be negotiable if leftist leader Luiz Inacio Lula da Silva wins next Sunday's presidential runoff vote, Lula's running mate Geraldo Alckmin said on Monday. Former Sao Paulo governor Alckmin did not elaborate on the new fiscal anchor. Register now for FREE unlimited access to Reuters.com Register"The first point is fiscal responsibility, which is non-negotiable," he wrote on Twitter. Priorities would include an increase in competitiveness, a reduction in production costs and the recovery of national industry, employment, and income, he said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Marcela Ayres; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.
SAO PAULO, Oct 24 (Reuters) - Brazilian pulpmaker Suzano SA (SUZB3.SA) said on Monday it reached a deal to buy Kimberly-Clark's (KMB.N) tissue paper operations in the country. In a securities filing, Suzano said the main asset included in the deal is a tissue production plant located in Sao Paulo state. A new company created by Suzano will hold the assets, as well as manufacture and distribute the tissue products, such as paper towels and napkins, it said. The firm did not disclose the value of the deal, but said that it does not have a significant impact on its indebtedness level. Register now for FREE unlimited access to Reuters.com RegisterReporting by Carolina Pulice and Peter Frontini; Editing by Isabel Woodford and Josie KaoOur Standards: The Thomson Reuters Trust Principles.
In a country where evangelical churches have made major inroads in poorer communities, eroding the Catholic majority, many footballers wear their evangelical faith on their sleeve. "There is this slogan that I love," Alves said, using a stock Bolsonaro phrase: "Brazil above everything, God above all." Bolsonaro lost the first round to his leftist challenger Luiz Inacio Lula da Silva by a tighter-than-expected margin, setting up an Oct. 30 runoff. The outpouring on social media bolstered the growing anecdotal evidence that many of Brazil's most prominent soccer players now lean to the right. Top footballers' embrace of Bolsonaro has jibed with a growing tradition among conservative Brazilians who don the national team's famous yellow jersey in street demonstrations, as Bolsonaro himself has done occasionally.
A man writes on a memorial wall as he takes part in a memorial ceremony in honour of the victims of the coronavirus disease (COVID-19) at Paulista Avenue in Sao Paulo, Brazil October 23, 2022. REUTERS/Mariana GreifSAO PAULO, Oct 23 (Reuters) - Brazilians on Sunday paid tribute in Sao Paulo to friends and family members who died of the coronavirus by writing messages on a mural set up on a boulevard in honor of the 680,000 people Brazil lost to the pandemic. Representatives from the Terena and Guarani tribes joined the demonstration, some donning headdresses and black-and-red face paint. "The left takes that and uses it for all sorts of politicking, it's really ugly." Register now for FREE unlimited access to Reuters.com RegisterReporting by Leonardo Benassatto and Brian Ellsworth in Sao Paulo; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.
Judge J.B. Franco de Godoi, at an appeals court, voided a previous court injunction that prevented Paper Excellence from concluding the transfer of ownership of Brazilian pulp maker Eldorado. Paper Excellence won an arbitration against Eldorado's current controlling shareholder, J&F Investimentos, which also controls meatpacker JBS SA (JBSS3.SA). But J&F went to the courts and obtained an injunction preventing the transfer of 100% of Eldorado shares to Paper Excellence. Paper Excellence will then consider how soon it can build a second unit, with an estimated capital expenditure of 10 billion reais ($1.94 billion). The Eldorado deal has been on hold for five years.
The sources said that Santa Catarina state labor prosecutors are running the investigation into Mayor Joao Rodrigues of Chapeco, a hotbed for Brazil's meatpacking industry. It will not if Bolsonaro remains president," Rodrigues said in a video seen by Reuters, addressing the local business community before stating his name and title. Brazil has seen a wave of complaints about Brazilian companies putting illegal political pressure on employees, amid the final stretch of a highly polarized presidential campaign. Electoral law prohibits Brazilians from promising benefits or making threats to steer votes toward or away from a particular candidate. In the final moments of the 55-second video, Rodrigues tells business leaders "to get to work."
Brazil's Assai posts 47.8% drop in Q3 net profit
  + stars: | 2022-10-20 | by ( ) www.reuters.com   time to read: 1 min
SAO PAULO, Oct 20 (Reuters) - Brazilian cash-and-carry chain Assai (ASAI3.SA) reported a 47.8% decrease in third-quarter net profit, compared to the same period last year, to reach 281 million reais ($53.85 million), the company said on Thursday. Net revenue grew 29.2% to total 13.8 billion reais during the three-month period ending in September. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose 20.6% to 1.01 billion reais. ($1 = 5.2180 reais)Register now for FREE unlimited access to Reuters.com RegisterReporting by Aluisio AlvesOur Standards: The Thomson Reuters Trust Principles.
SAO PAULO, Oct 19 (Reuters) - Brazil's Nubank on Wednesday announced plans to release its own cryptocurrency as part of a new customer rewards program. Warren Buffett-backed Nubank said in a statement the Nucoin digital currency is expected to be launched in the first half of 2023. Its goal is to offer customers benefits such as discounts and perks as they accumulate Nucoins. Nubank announced in May it would allow its Brazilian customers to make cryptocurrency transactions on its banking app. Register now for FREE unlimited access to Reuters.com RegisterReporting by Gabriel Araujo, Editing by Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.
Supporters of Brazil's President and candidate for re-election Jair Bolsonaro and supporters of Brazil's former President Luiz Inacio Lula da Silva campaign together on a street during an election campaign in Brasilia, Brazil October 13, 2022. REUTERS/Ueslei Marcelino/File PhotoSAO PAULO, Oct 19 (Reuters) - Brazil's presidential race has narrowed to a 4-percentage-point gap between leftist front-runner Luiz Inacio Lula da Silva and far-right incumbent President Jair Bolsonaro, and they are now statistically tied, according to a poll published on Wednesday. Datafolha said Lula now has 49% of voter support against 45% for Bolsonaro less than two weeks from the second-round runoff on Oct. 30, compared to 49% and 44% respectively in the previous poll five days ago. The poll has a margin of error of 2 percentage points up or down, meaning both could mathematically be tied at 47%. It was the first Datafolha survey since the presidential debate on Sunday, where Bolsonaro attacked corruption scandals under Lula's Workers Party, which governed from 2003 to 2016.
China's Goldwind to manufacture wind turbines in Brazil
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: +2 min
Companies Xinjiang Goldwind Science & Technology Co Ltd FollowSAO PAULO, Oct 19 (Reuters) - China's Goldwind (002202.SZ) is in advanced talks to install a wind turbine factory in Brazil with deliveries expected to start in 2024, an executive said on Wednesday. The plant, whose location is not yet defined, will serve the Brazilian market, but may also export equipment to other countries in South America, according to Roberto Veiga, general manager of Goldwind in Brazil. "We will start offering this turbine on the market already in mid-2023," Veiga told journalists in a wind industry event, adding that the first deliveries should start in 2024. In recent years, the Chinese company began supplying its turbines to wind projects in Brazil but has been fulfilling these contracts through imports. Register now for FREE unlimited access to Reuters.com RegisterReporting by Leticia Fucuchima; Writing by Peter Frontini; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.
SÃO PAULO, Oct 19 (Reuters) - Brazilian lender C6 Bank is set to open its first five brick-and-mortar branches in the country in the next few weeks, an executive has revealed, enhancing the competition between the JPMorgan-backed digital bank and large retail lenders for high income clients in Latin America's largest economy. Similar units in Brazilian large cap lenders include Banco Bradesco SA's Prime (BBDC4.SA) and Banco Santander Brasil SA's Van Gogh . With the physical branches initiative, C6 aims to increase its share in the high income market, which it expects to cover some 5 million people in the country. In 2021, the purchase of a 40% stake in C6 marked JPMorgan Chase & Co's (JPM.N) debut in Brazil's retail banking. C6 was founded by former partners at Banco BTG Pactual SA , Latin America's largest independent investment bank.
The Brazilian digital banking startup Nubank will launch its own cryptocurrency in the country next year, marking the latest move into digital assets by a large financial institution. Nubank said Wednesday it will launch the token, called Nucoin, in the first half of 2023. In a press release, the company touts Nucoin as "a new way to recognize customer loyalty and encourage engagement with Nubank products." Nubank isn't the first bank to launch its own cryptocurrency. The Wall Street bank Goldman Sachs , meanwhile, has its own internal crypto trading desk.
Lula's lead over Bolsonaro narrows in Brazil vote -poll
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: 1 min
SAO PAULO, Oct 19 (Reuters) - Brazilian presidential candidate Luiz Inacio Lula da Silva's lead over President Jair Bolsonaro has shrunk to 5 percentage points ahead of a runoff vote set for Oct. 30, a poll by Genial/Quaest showed on Wednesday. Former President Lula has 47% voter support, down from the last week's 49%, while Bolsonaro gained 1 point to 42%. Pollsters were widely criticized after the first-round vote for significantly underestimating support for Bolsonaro. The survey by pollster Genial/Quaest interviewed 2,000 people between Oct. 16 and 18 and has a margin of error of 2 percentage points. Register now for FREE unlimited access to Reuters.com RegisterReporting by Peter Frontini; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
"If we prevail in this race, it will make Utah the most influential state in the union, because nothing will get through the Senate without Utah's support," said McMullin. A former CIA operations officer, McMullin was a Republican until 2016, when Donald Trump won the party's nomination to run for president. But this year, Utah Democrats opted not to nominate a challenger to Lee, a two-term hard-line conservative, ceding the field to McMullin's challenge. Lee dismissed his rival on Monday night as "an opportunistic gadfly supported by the Democratic Party." "You've refused to talk about which party you'd join," Lee told McMullin.
SAO PAULO, Oct 18 (Reuters) - Mercuria Energy Trading is one of three companies showing interest in registering and acquiring up to 200 million tonnes of jurisdictional carbon credits tied to the Amazon forest that are being sold by Brazil's Tocantins state, officials said. Tocantins expects the credits, generated between 2016 and 2032, to be worth up to 2 billion reais ($191 million), said state environmental official Marli Santos. Register now for FREE unlimited access to Reuters.com RegisterThe state will announce the winner on Wednesday, Tocantins said in a statement. If the deal closes and the credits are registered internationally, Tocantins said it would be the first state in the Brazilian Amazon to sell jurisdictional carbon credits. ($1 = 5.2484 reais)Register now for FREE unlimited access to Reuters.com RegisterReporting by Tatiana Bautzer Editing by Paul SimaoOur Standards: The Thomson Reuters Trust Principles.
Vale's third-quarter iron ore output edges up
  + stars: | 2022-10-17 | by ( ) www.reuters.com   time to read: +1 min
SAO PAULO, Oct 17 (Reuters) - Brazil's Vale SA (VALE3.SA), one of the world's largest miners, on Monday reported a third-quarter iron ore production up slightly from the previous year, while its smaller nickel output soared as refineries resumed operations. Vale's output of iron ore, its main product, reached 89.7 million tonnes for the third quarter, up 1.1% from the previous year. Meanwhile, nickel production for the period leapt 71.5% to 51,800 tonnes, as refineries resumed after a maintenance period, Vale said. Nickel sales, however, grew just 6%, which Vale attributed to low container availability and sales commitments during maintenance stoppages in the last three months of this year. Register now for FREE unlimited access to Reuters.com RegisterReporting by Peter Frontini; Editing by Chris Reese and David GregorioOur Standards: The Thomson Reuters Trust Principles.
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