【gluten and dairy free ninja creami recipes】Brazil's new far-right government issues decrees across sectors
By Anthony Boadle
BRASILIA,gluten and dairy free ninja creami recipes Jan 2 (Reuters) - Brazil's new President Jair Bolsonaro set to work quickly on Wednesday, with his administration issuing decrees affecting the economy, agriculture and society, while forging closer political ties with the United States.
Bolsonaro, a former army captain and seven-term congressman, won elections in October and was sworn in on Tuesday as Brazil's first far-right president since a military dictatorship gave way to civilian rule in 1985.
Fulfilling a campaign promise to his staunch supporters in the farm sector, Bolsonaro decreed that indigenous land claims, a source of bloody clashes on Brazil's agricultural frontier, would be decided by the Agriculture Ministry.
The gift to the powerful agribusiness sector enraged environmentalists already worried by Bolsonaro's plans to loosen protections of the Amazon rainforest and remove Brazil's support for the Paris Agreement on climate change.
The new president was elected on a platform to clean up Brazilian politics, and he put the country's top anti-corruption figure, Sergio Moro, in charge of a Justice Ministry beefed up to fight graft and battle organized crime.
Moro, a former federal judge who spearheaded the "Car Wash" corruption trials that put former leftist President Luiz Inacio Lula da Silva and other high-profile politicians in jail, said on Wednesday he would help usher in a new era of law-and-order.
"The top mission given to me by the president was clear: end impunity for corruption cases and combat organized crime to reduce violent crimes," Moro said after being sworn in.
The administration would propose an ambitious anti-crime bill to Congress next month that would stiffen prison sentences, Moro said.
ALIGNING WITH TRUMP
Bolsonaro met this week with U.S. Secretary of State Mike Pompeo, President Donald Trump's envoy to Tuesday's presidential inauguration, who said the United States and Brazil will jointly defend democratic values in the region.
"We have an opportunity to work alongside each other against authoritarian regimes," Pompeo said on Wednesday after discussing Venezuela with Brazil's new Foreign Minister Ernesto Araujo, who was picked by Bolsonaro for his admiration of Trump's conservative nationalism.
Bolsonaro's rise to power culminates a swing to conservative rule in Latin America that has isolated leftist-ruled countries such as Venezuela, Cuba and Nicaragua.
While Bolsonaro surprised Brazil's political establishment by surging to victory over a leftist coalition led by Lula's Workers Party, he takes office with the lowest approval rating of any new Brazilian president, according to a Datafolha poll Tuesday.
Story continues
That suggests he will have an uphill battle to enact his agenda of austerity measures to bring down an unsustainable budget deficit of about 180 billion reais ($47.31 billion) that has investors worried.
Markets, however, are optimistic that Bolsonaro's economic team, led by former investment banker Paulo Guedes, will succeed in passing reforms needed to reduce the deficit and restore confidence and growth to a slow-moving economy.
One of Bolsonaro's first steps was to decree a less-than-expected increase to the minimum wage for this year, to 998 reais ($260) a month from 954 reais.
The real currency strengthened 1 percent by midday Wednesday and the Sao Paulo Bovespa stock index rose 2 percent.
Preferred shares in the country's largest utility Centrais Eletricas Brasileiras SA jumped over 10 pct after new Energy & Mines Minister Bento Albuquerque said the company would be partially privatized.
Doing even better was gun manufacturer Forjas Taurus SA whose shares rose 27 percent to 5.1 reais on Bolsonaro's plan to ease gun controls, to help Brazilians arm themselves in self defense against crime.
In his inauguration address on Tuesday, Bolsonaro said his election had freed Latin America's largest nation from "socialism and political correctness."
($1 = 3.8048 reais)
(Reporting by Ricardo Brito, Lisandra Paraguassú, Mary Milliken, Gabriel Stargatter, Brad Brooks and Carolina Mandl Writing by Anthony Boadle Editing by Frances Kerry)
View comments
-
The Wizz Air Holdings (LON:WIZZ) Share Price Has Gained 160%, So Why Not Pay It Some Attention?Should You Be Pleased About The CEO Pay At Ework Group AB (publ)’s (STO:EWRK)What's My Credit Card CVV?Zijin Mining plans to sell $1.2 bln A-shares to fund Nevsun purchaseCME Group (CME) Reports Soft May Volumes, Shares DeclineECB appoints administrators at Italy's Banca CarigeGovernment Shutdown Means You May Not See Any New Beers or Wines for a WhileRoper Technologies (ROP) Beats Q4 Earnings and Revenue EstimatesGBP/USD Price Forecast – British Pound Charging Into Big Figure AgainWatch Sacha Baron Cohen salute 'comedy genius' Rudy Giuliani in Golden Globes speech
下一篇:Iran watchdog passes law on hardening nuclear stance, halting UN inspections
- ·Williams to Build 1-40 MW Solar Stations Across 9 US States (Revised)
- ·What To Know Before Buying F.N.B. Corporation (NYSE:FNB) For Its Dividend
- ·Wall Street Transcript Interview with Jay Sidhu, Chairman and CEO of Customers Bancorp, Inc. (CUBI)
- ·Best Games of 2018: Cultural Impact and Industry Shakeups
- ·MT Højgaard Holding A/S: Financial Calendar 2021
- ·Boston Scientific to Sell ZelanteDVT Catheter in US, Europe
- ·Zijin Mining plans to sell $1.2 bln A-shares to fund Nevsun purchase
- ·Australia's Healthscope recommends Brookfield deal, shares surge
- ·Lam Research unveils improved tool to make 3-D chips for phones, devices
- ·Coke's Super Bowl ad mocked: Klingon, Dothraki added
- ·Trump says China could have hacked Democratic emails
- ·BRIEF-China National Complete Plant Import & Export Signs Agreement With Russia's Kortors
- ·The Returns At Treatt (LON:TET) Provide Us With Signs Of What's To Come
- ·Austria sees likelihood of hard Brexit -foreign minister
- ·Can Gratitude Make You Rich?
- ·Ban Hammer Remains: South Korea’s Financial Services Commission Refuses to Lift ICO Ban
- ·SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Spirit AeroSystems Holdings, Inc. - SPR
- ·BRIEF-Huscoke Resources Holdings Says Trading In Shares Of Co Will Be Halted On Jan 2
- ·Here's How 6 Credit Card Applications in 1 Day Affected My Credit Score
- ·Will Adobe Inc.’s (NASDAQ:ADBE) Earnings Grow Over The Next Few Years?
- ·The Attractive Combination That Could Earn Allegiance Bancshares, Inc. (NASDAQ:ABTX) A Place In Your Dividend Portfolio
- ·Should You Be Impressed By China Tangshang Holdings Limited’s (HKG:674) ROE?
- ·This 1 Trend Proves Americans Are Finally Using Credit Cards the Right Way
- ·10 Top-Ranked ETFs That Crushed the Market in 2018
- ·Maybe the Coronavirus Didn’t End the Bull Market
- ·Middleby Buys EVO America, Expands Ventless Cooking Business
- ·Open enrollment 2021: You may be able to carry over unused FSA funds of up to $550
- ·First Republic (FRC) Announces Offering of 4M Common Shares
- ·Do Directors Own Luk Hing Entertainment Group Holdings Limited (HKG:8052) Shares?
- ·BRIEF-Yunnan Water Investment Co Updates On Award Of Project
- ·Otter Tail (OTTR) Tops Q3 Earnings and Revenue Estimates
- ·BRIEF-Bermaz Auto Bhd Says Lee Kok Chuan Redesignated To CEO From Executive Director
- ·What Kind Of Shareholder Appears On The NVE Corporation’s (NASDAQ:NVEC) Shareholder Register?
- ·Divorce Client's Legal Mal Claims Against Manhattan Law Firm Fail
- ·Helius Medical Technologies, Inc. to Present at Upcoming Investor Conferences in November
- ·What Kind Of Shareholder Owns Most Shanshan Brand Management Co., Ltd. (HKG:1749) Stock?