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IMF pulls out of Brazil after economy minister’s ire

AFP

The International Monetary Fund said Thursday it will close its Brazilian office, a day after receiving harsh criticism from Economy Minister Paulo Guedes over its forecasts for Latin America’s biggest economy.

The IMF said it would close its office in Brasilia when the current country representative’s mandate expires on June 30, 2022.

The move came after Guedes, far-right President Jair Bolsonaro’s ultra-liberal economy guru, said the IMF was overly pessimistic in its forecasts on Brazil and was no longer welcome.

“They can go take a walk,” he said Wednesday.

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“They were here forecasting (Brazil’s economy) would contract by 9.7 percent (in 2020) and Britain’s would contract by four percent. In the end, we contracted by four percent, and Britain by 9.7 percent,” he said.

He also accused IMF officials in the country of being more interested in “football and feijoada” — a meat-and-bean stew that is one of Brazil’s most famous attractions — than in helping the economy.

The IMF opened its office in Brazil in 1999, when the country turned to the Washington institution for financing to help get out of an economic crisis.

That program ended in 2005.

The IMF said it had maintained the office to “facilitate dialogue,” but Guedes said that was no longer needed.

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“They’ve been here long enough. There was a lot of imbalance in the relationship,” he said.

Guedes and Bolsonaro have been at pains to shore up confidence in Brazil’s recession-hit economy as the president heads toward elections next October with his popularity at an all-time low.

Bolsonaro has alarmed investors by maneuvering to break Brazil’s constitutional spending cap in order to fund big social spending, a move condemned as economic populism by critics.

Guedes insists the pessimism is unwarranted and that the Bolsonaro administration will leave a stronger economy than it inherited.

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International

Meta Says Russia Seeks to Ban WhatsApp for Defending Secure Communication

U.S. tech giant Meta, the parent company of WhatsApp, said that Russia is seeking to ban the messaging app because it “challenges government attempts to violate people’s right to secure communication.”

Russian authorities have encouraged citizens to switch to state-backed applications, and in August they already blocked WhatsApp’s calling feature.

On Friday, the communications regulator Roskomnadzor claimed that the platform was being used to “organize and carry out terrorist acts in the country, recruit perpetrators, and facilitate fraud and other crimes.”

“If the messaging service does not comply with Russian law, it will be completely blocked,” the regulator warned.

WhatsApp remains one of Russia’s most widely used messaging services, alongside Telegram.

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Moscow is pressuring both platforms to grant authorities access to user data upon request for investigations into fraud and activities the government labels as “terrorist.”

Human rights advocates fear the demand could be used to target critics of the Kremlin, President Vladimir Putin, or the war in Ukraine.

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International

Archbishop Wenski criticizes Trump’s deportation policies, calls for stronger push for reform

The Archbishop of Miami, Thomas Wenski, has called for increased pressure on the U.S. Congress to advance comprehensive immigration reform and criticized President Donald Trump’s mass deportation policies, arguing that they “do nothing to help.”

“We need to apply more pressure on Congress so lawmakers can make the necessary changes. It is also important for the Administration to listen to our voice. We do not want to be anyone’s enemy—we are Americans,” Wenski said in an interview with EFE.

The religious leader, who heads one of the dioceses with the largest Latino and Haitian populations in the United States, issued a call to defend the rights of migrants. He also emphasized that the U.S. Conference of Catholic Bishops (USCCB) has maintained a strong and public stance in favor of migrants for decades.

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International

Trump relaunches diplomatic push to finalize U.S.-Backed peace plan for Ukraine War

U.S. President Donald Trump announced on Tuesday that his diplomatic team will resume meetings with delegations from Russia and Ukraine in an effort to pressure both sides to accept the peace plan proposed by Washington to end the war in Ukraine.

As part of this new round of talks, U.S. Special Envoy Steve Witkoff will travel to Moscow to meet with Russian President Vladimir Putin. Meanwhile, Army Secretary Dan Driscoll will hold discussions with Ukrainian representatives to narrow differences on the remaining points of the agreement.

Trump also confirmed his intention to meet personally with Ukrainian President Volodymyr Zelensky and with Putin, though he emphasized that such meetings will only take place “when the agreement is fully finalized or in its final stage.”

The president claimed that his administration has made “tremendous progress” toward resolving the conflict and reiterated that the war “never would have started” if he had been in the White House at the onset of the crisis.

The U.S.-backed peace plan consists of 28 points and has been revised following feedback from both sides. According to Trump, only “a few points of disagreement” remain under active discussion.

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One of the most controversial aspects of the proposal is the suggestion that Ukraine cede parts of the Donbas region to Russia and limit the size of its armed forces. Kyiv is working closely with Washington to soften these clauses in search of an arrangement that does not compromise its sovereignty or security.

With this diplomatic push, Trump aims to solidify his role as the main mediator in the conflict and steer the war toward a political resolution after years of devastation, humanitarian crisis, and rising global geopolitical tensions.

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