Connect with us

International

Brazil’s Lula appoints former mayor as finance minister

Photo: NELSON ALMEIDA / AFP

| By AFP |

Brazil’s president-elect Luiz Inacio Lula da Silva on Friday named former Sao Paulo mayor Fernando Haddad, viewed unfavorably by many in the business community, as his finance minister.

Lula da Silva, who narrowly defeated incumbent Jair Bolsonaro in October elections, unveiled ministers in the key posts of foreign affairs, justice, defense, and chief of staff.

However, all eyes were on his pick for finance minister, with markets nervous over the incoming government’s commitment to fiscal discipline and the inflation-hit economy in fragile recovery.

“(I chose) comrade Fernando Haddad as Minister of Finance,” Lula said during a press conference in the capital Brasilia.

Advertisement
20250501_mh_noexigencia_dui_728x90
20250501_vacunacion-influenza-728x90
20250501_vacunacion_vph-728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL
previous arrow
next arrow

Haddad, 59, who served as education minister from 2005 to 2012, succeeds powerful liberal economy minister Paulo Guedes, an ally of far-right President Jair Bolsonaro.

After Lula’s new government takes office following his January 1 inauguration, the economy ministry will be dissolved and transformed into finance, industry and planning agencies.

When Haddad’s name started circulating for the role, markets reacted with unease, viewing him as too much on the left and fearing he would jeopardize the budgetary balance.

“He represents the heterodox economic policy” that Lula’s Workers’ Party (PT) defends, said Antonio Madeira of the MCM consultancy firm.

Madeira said that with Haddad in the finance ministry, he expects “an increase in spending” and “a more assertive state giving a significant role to public companies.”

Advertisement
20250501_mh_noexigencia_dui_728x90
20250501_vacunacion-influenza-728x90
20250501_vacunacion_vph-728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL
previous arrow
next arrow

Despite some of the reluctance towards Haddad, the Sao Paulo Stock Exchange’s Ibovespa index was up Friday by 0.5% after the names of the future ministers were announced.

Lula also tapped Mauro Vieira as foreign minister. 

Vieira is a 71-year-old career diplomat who has already served as foreign minister as well as ambassador to Argentina, the United States and the United Nations.

He is currently serving as ambassador to Croatia, which on Friday knocked Brazil out of the World Cup.

For the justice ministry, Lula appointed Flavio Dino, a former governor of the northeastern state of Maranhao.

Advertisement
20250501_mh_noexigencia_dui_728x90
20250501_vacunacion-influenza-728x90
20250501_vacunacion_vph-728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL
previous arrow
next arrow

Rui Costa, governor of the province of Bahia, was named to a ministry that falls between the roles of prime minister and chief of staff.

Jose Mucio Monteiro, a civilian, was named defense minister.

After appointing five white men to the key ministries, Lula promised that “in time, you will see more women than men here … as well as a number of Afro-Brazilians.”

“We will try and form a government in the image of Brazilian society.”

Lula, a former unionist who already served two terms as president between 2003 and 2010, said that he would announce the names of more ministers next week and he has “not yet decided the total number of ministers” he would have in his government.

Advertisement
20250501_mh_noexigencia_dui_728x90
20250501_vacunacion-influenza-728x90
20250501_vacunacion_vph-728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL
previous arrow
next arrow

One of the most highly anticipated posts is that of the environmental minister, who will play a crucial role as Brazil seeks to tackle deforestation in the Amazon.

Continue Reading
Advertisement
20250501_mh_noexigencia_dui_300x250
20250501_vacunacion-influenza-300x250
20250501_vacunacion_vph-300x250
20231124_etesal_300x250_1
20230601_agenda_primera_infancia_300X250
MARN1

International

Man arrested after deliberately driving into seven children in Osaka

Japanese police arrested a man on Thursday after he rammed his car into a group of seven schoolchildren in an apparent deliberate attack in the city of Osaka.

The children, who were on their way home from school, sustained injuries and were taken to the hospital. All seven remained conscious, according to local authorities.

An Osaka police officer, speaking on condition of anonymity, said the suspect is a 28-year-old man from Tokyo. The officer shared statements the man made after his arrest: “I was fed up with everything, so I decided to kill people by driving into several elementary school children,” the suspect reportedly said.

The man has been arrested on suspicion of attempted murder.

The injured children, aged between seven and eight, included a seven-year-old girl who suffered a fractured jaw. The six other children—all boys—suffered minor injuries such as bruises and scratches and were undergoing medical evaluation.

Advertisement

20250501_mh_noexigencia_dui_728x90
20250501_vacunacion-influenza-728x90
20250501_vacunacion_vph-728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL

previous arrow
next arrow

Witnesses described the car as “zigzagging” before hitting the children. One witness told Nippon TV that a girl was “covered in blood” and the others appeared to have scratches.

Another witness said the driver, who was wearing a face mask, looked to be in shock when school staff pulled him from the vehicle.

Violent crimes are rare in Japan, though serious incidents do occur from time to time. In 2008, Tomohiro Kato drove a two-ton truck into pedestrians in Tokyo’s Akihabara district, then fatally stabbed several victims. Seven people were killed in that attack.

Continue Reading

Internacionales

Clashes erupt during may day protests across France amid calls for better wages

May Day protests in France were marked by a heavy police presence and clashes between demonstrators and law enforcement in several cities.

In Paris, Lyon, and Nantes, thousands took to the streets to demand better wages, fairer working conditions, and to voice their dissatisfaction with President Emmanuel Macron’s government.

While the majority of the demonstrations remained peaceful, isolated confrontations broke out in some areas. Protesters threw objects at the police, prompting the use of tear gas and resulting in several arrests.

Videos showing police crackdowns circulated widely on social media, drawing criticism from labor unions and human rights advocates, who denounced the authorities’ response to the protests.

Continue Reading

International

Kristi Noem credits Trump for mass migrant deportations by mexican president

U.S. Secretary of Homeland Security Kristi Noem claimed that Mexican President Claudia Sheinbaum has deported “more than half a million” migrants due to pressure from former President Donald Trump.

During a cabinet meeting highlighting the “achievements” of Trump’s administration in its first 100 days, Noem asserted that under the Republican leader’s influence, “Mexico has finally come to the table” to negotiate on migration and fentanyl trafficking.

“The president of Mexico told me she has returned just over half a million people before they reached our border,” Noem stated, criticizing media reports that suggest the Biden administration deported more migrants than Trump’s.

“I wish those deportations were counted,” Noem added, “because those people never made it to our border—she sent them back because you made her.” She went on to thank Trump: “They never made it here because they got the message—because you were so aggressive.”

Noem has made controversial claims about Sheinbaum in the past, prompting the Mexican leader to refute them.

Advertisement

20250501_mh_noexigencia_dui_728x90
20250501_vacunacion-influenza-728x90
20250501_vacunacion_vph-728x90
20231124_etesal_728x90_1
20230601_agenda_primera_infancia_728X90
domfuturo_netview-728x90
20240604_dom_728x90
CEL

previous arrow
next arrow

On April 1, Sheinbaum responded to one such statement by declaring, “The president answers to only one authority, and that is the people of Mexico,” after Noem said on Fox News that she gave Sheinbaum “a list of things Trump would like to see” and that Mexico’s actions would determine whether Trump granted tariff relief.

Continue Reading

Trending

Central News