Brazil's Bolsonaro huddles with advisers to pick cabinet

04 November, 2018, 20:30 | Author: Rosalie Gross
  • German Chancellor Angela Merkel has stood by her refusal to supply weapons to Saudi Arabia until the murder of dissident Jamal Khashoggi is clarified

Brazil president-elect Jair Bolsonaro appears to have an agenda like US President Donald Trump, quickly picking on Brazil's critical media and tagging them "lying media".

Beyond the joke, the United States and Brazil, the two most populous countries in the american continent, will now have at their head two impetuous presidents brought to power by the wave of populist and in tune on many foreign policy issues.

The Brazilian judge at the center of a sprawling investigation into kickbacks to politicians is considering joining the government of President-elect Jair Bolsonaro.

Mr. Bolsonaro, the so-called "Trump of the Tropics", is a notoriously divisive figure, whose hardline approach has deeply divided Latin America's largest country.

Bolsonaro, who openly admires Brazil's former military dictatorship and shocked many with his derogatory remarks on women, gays and blacks, won 55 percent of the vote in a run-off election Sunday - more than 10 points ahead of leftist opponent Fernando Haddad.

At 4.53 percent, inflation is now near the middle of the bank's target range of 2.5 to 6.5 percent, and Sunday's election win by debt hawk Bolsonaro further bolstered the argument to keep the rate on hold.

Osorio called him an "unabashed admirer of the vicious, vicious military dictatorship" that ruled Brazil between 1964 and 1985.

Despite relatively robust legal protections, Brazil is already the deadliest place for environmentalists, with pressure group Global Witness recording 57 deaths of people protecting land there previous year.

But German executives in Brazil are hopeful that Mr. Bolsonaro's election will end a period of instability.

The fiery lawmaker's rise has been propelled by rejection of the leftist PT that ran Brazil for 13 of the last 15 years and was ousted two years ago in the midst of a deep recession and political graft scandal.

This, along with his disdain for the Paris climate change accord, could mark a disturbing departure from Brazil's historical sensitivity to keeping its precious environmental resources intact.

Onyx Lorenzoni, a fellow congressman whom Bolsonaro has tapped as chief of staff, told journalists that Guedes would be responsible for structuring the government's relationship with an independent, autonomous central bank with targets.

"We need a minister with a specific role, not linked to the economy ministry, which worries more about revenues and public finances", it said.

It said the biggest risks facing Brazil are abandoning the budget-cutting reforms launched by outgoing President Michel Temer, or a downturn in external conditions for emerging markets.

In parallel, representatives for Bolsonaro will begin meeting with President Michel Temer's team to start work ahead of the january 1 inauguration.

"The PT elected Bolsonaro", he said in an interview published Wednesday.

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