International

Lula puts diverse new face on Brazil government

Photo: Evaristo Sa / AFP

January 6th | By AFP |

Brazil’s new President Luiz Inacio Lula da Silva held his first cabinet meeting Friday, getting down to the business of “rebuilding” and “reunifying” the country after his divisive election battle with far-right predecessor Jair Bolsonaro.

The veteran leftist’s new government looks radically different from Bolsonaro’s, with 11 women, five blacks and two Indigenous ministers — a break with the previous administration, which was dominated by white men and military generals.

Here is a look at five key figures in the new government.

Finance novice

Lula, 77, ignored market pressure and named a political pick for finance minister: Fernando Haddad, a longtime ally who ran for president for his Workers’ Party (PT) in 2018.

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The choice has not exactly thrilled the business world: stocks in Latin America’s biggest economy fell more than three percent Monday on the first business day of Lula’s term, with investors nervous over how he will fund his promised social spending, given Brazil’s already overstretched government finances.

Haddad, 59, a lawyer who previously served as education minister and Sao Paulo mayor, has sought to send a message of fiscal discipline.

“We’re not here to go on big-spending adventures,” he said Monday at his swearing-in. “We’re here to ensure the economy resumes growing to meet the population’s needs in health, education and social programs, while guaranteeing fiscal balance and sustainability.”

Environmental crusader

Marina Silva, a veteran environmentalist, faces the huge job of rebuilding Brazil’s environmental protection agencies and stanching the destruction of the Amazon rainforest, which surged under Bolsonaro.

The diminutive but fiery 64-year-old environment minister, who rose from a childhood of poverty in the Amazon to become a respected activist and politician, vowed Wednesday as she took office to ensure Brazil “stops being an international pariah” on climate issues.

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Environmental groups are calling for her to take urgent, decisive action — and for Lula to give her the power to do so.

The two had a falling-out when she previously served as environment minister during his first presidency. She quit in 2008 after disagreements with his pro-development policies in the Amazon.

‘Rebuilding bridges’

Career diplomat Mauro Vieira, 71, says his task as Brazil’s new foreign minister is to “rebuild the country’s bridges with the world.”

Brazil is coming off four years of mounting isolation under Bolsonaro, who cultivated close ties with former US president Donald Trump but alienated many of Brazil’s traditional partners, especially Europe and China.

Lula has vowed to renew Brazil’s traditional multilateralism, especially on climate issues — though he has also raised eyebrows in the West with some comments, such as saying Ukraine bears equal blame for its war with Russia.

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Vieira, a respected foreign service veteran, previously served as foreign minister under ex-president Dilma Rousseff from 2015 to 2016.

He took office Monday vowing: “Brazil is back.”

Northeastern connection

Lula, who won the October election thanks to overwhelming support in Brazil’s impoverished northeast, has named four former governors from the region to his cabinet.

One of the most powerful figures in his administration will be Justice Minister Flavio Dino, 54, former governor of the northeastern state of Maranhao, who ran in 2015-2022.

A former judge, Dino was a vocal Lula spokesman during the transition period, condemning “unacceptable terrorism” by far-right hardliners refusing to accept the election result, after a Bolsonaro supporter was arrested for planting a tanker truck rigged with explosives near the Brasilia airport.

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Minorities, ‘you exist’

New Human Rights Minister Silvio Almeida, a 46-year-old black lawyer and public intellectual, turned heads on his first day in office with an impassioned speech that underlined the new administration’s break with the Bolsonaro years.

Speaking to groups that complained of being marginalized, discriminated against or ignored under Bolsonaro — including blacks, women, the disabled and the LGBT community — he repeated over and over: “You exist, and you are valuable to us.”

The speech drew loud cheers and went viral online, cementing Almeida’s status as a rising star in Brazilian politics.

International

US panel backs Trump-themed coin amid controversy

The United States Department of the Treasury confirmed to AFP that the Commission of Fine Arts approved the design of a new collectible coin featuring Donald Trump, with members of the commission appointed by the current administration.

According to the proposal, the coin will feature an image of Trump standing with clenched fists over a desk on the obverse, while the reverse will display an eagle, a traditional symbol of the United States.

The sale price of the collectible has not yet been disclosed, although the United States Mint typically offers similar items for more than $1,000.

“There is no more iconic portrait for the front of these coins than that of our president Donald Trump,” U.S. Treasurer Brandon Beach said in a statement sent to AFP. He added that two additional coins — a $1 piece and a one-ounce gold coin — are also under consideration.

However, the Citizens Coinage Advisory Committee (CCAC), another body responsible for reviewing new coin proposals, declined to discuss the Trump design in late February.

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“Only nations governed by kings or dictators place the image of a sitting leader on their currency,” said Donald Scarinciat the time. “No country in the world has minted coins featuring a democratically elected leader during their term in office,” he added.

When contacted by AFP, the Treasury Department did not immediately respond to requests for further comment.

International

Fed’s Waller warns of rising inflation risks amid Middle East conflict

Christopher Waller, a governor at the Federal Reserve, said Friday that he is increasingly concerned about the inflationary impact of the ongoing conflict involving United States and Israel against Iran, particularly due to the prolonged closure of the Strait of Hormuz.

Waller, who had supported interest rate cuts over the past year amid concerns about the labor market, said he has shifted his stance in recent weeks due to rising inflation risks.

“Since the Strait of Hormuz was closed, it suggests this conflict could be much more prolonged and that oil prices will remain elevated for longer,” Waller said in an interview with CNBC.

“Therefore, this indicates that inflation is a greater concern than I had previously assessed,” he added.

Waller also backed the Federal Reserve’s decision earlier this week to keep interest rates unchanged, signaling a more cautious approach as global geopolitical tensions continue to affect economic outlooks.

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International

Brazil offers to mediate Colombia-Ecuador tensions, calls for restraint

The government of Brazil has offered to mediate in the ongoing tensions between Colombia and Ecuador, while calling on both nations to exercise restraint.

In a statement released Wednesday, Brazil’s Ministry of Foreign Affairs urged the parties involved to act with moderation and seek a peaceful resolution to the dispute.

“Brazil encourages all sides to act with moderation in order to find a peaceful solution to the controversy. It stands ready to support dialogue efforts aimed at preserving peace and security in the region,” the statement said.

Brazil also expressed “serious concern” over reports of deaths in the border area between Colombia and Ecuador, noting that the circumstances surrounding the incidents have not yet been clarified.

The diplomatic move comes amid rising tensions between the neighboring countries, increasing regional concern over stability and security along their shared border.