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Bolsonaro welfare plan shakes Brazil markets, sparks resignations

AFP

A proposal by Brazil’s far-right President Jair Bolsonaro to dramatically increase welfare payments to the country’s underprivileged groups a year ahead of elections shook markets Thursday and triggered resignations at the Ministry of Economy.

The program could cost the government an extra 30 billion reais ($5.3 billion dollars) at a time when inflation is already high and exceed the government spending ceiling established by law.

The government announced earlier this week that it was setting up a new social welfare program to replace the “Bolsa Familia” system created by the leftist administration of former president Luiz Inacio Lula da Silva.

The new program would start in November with a 20 percent increase in benefits paid to nearly 17 million Brazilians in need.

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Coming just a year before a presidential election in which Bolsonaro is widely expected to be defeated by Lula da Silva, the move was seen by several analysts as a pre-election sweetener.

The measure rattled investors. The Sao Paulo stock market fell 2.75 percent, while the price of the US dollar rose to 5.65 reais, its highest level in six months.  

Concerned by the plan, several economic officials quit their posts, including top treasury officials Bruno Funchal and Jeferson Bittencourt, authorities said.

Bolsonaro denied that his project, whose source of funding has not been specified, is against the law.

“There are around 16 million people registered with the ‘Bolsa familia’, and though the financial aid reaches an average of 192 reais, many people receive 40, 50, 60 reais. What we are saying is: 400 reais for all,” he said Thursday.

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Bolsonaro also offered to “help” 750,000 truckers with compensation for increases in the price of diesel. 

The president made the announcements at a time when his popularity is at its lowest level since he took office in 2019, and amid high inflation and high unemployment.

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International

Bolivia Orders Three Investigations Into Deadly Military Plane Crash

Bolivia’s Defense Minister Marcelo Salinas announced Monday that three separate investigations will be conducted into Friday’s crash of a military cargo aircraft at El Alto International Airport, near La Paz, which left at least 22 people dead.

The Hercules aircraft, operated by the Fuerza Aérea Boliviana (FAB), was transporting cash intended for the Central Bank of Bolivia when it overshot the runway after landing from the city of Santa Cruz. The plane reportedly traveled nearly one kilometer beyond the airport perimeter.

The incident sparked chaotic scenes, with individuals attempting to collect scattered banknotes. Authorities detained 51 people in the aftermath, and the government declared three days of national mourning.

Multiple Investigations Underway

The first inquiry is being led by a military board from the Bolivian Air Force, which has already taken custody of the aircraft’s black box for analysis.

Minister Salinas said two additional investigations will follow — one conducted by the insurance company and another by the aircraft’s manufacturer.

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“At least two more investigations will come, that of the insurance company and that of the aircraft manufacturer,” Salinas said during a press conference in Santa Cruz.

He cautioned that the investigative process could take between three and six months, noting that the black box cannot be opened in Bolivia due to the lack of specialized laboratories for analysis.

Awaiting Official Findings

Salinas stressed that the FAB investigative board is the highest authority in the case and urged the public to wait for its conclusions to avoid speculation about the causes of the crash.

He also confirmed that the government has contacted the families of the 22 victims and the 37 injured, as well as the owners of 15 damaged vehicles, to coordinate procedures with the insurer and cover the corresponding expenses.

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International

Mexico Calls for Immediate Probe After National Dies in ICE Custody

Mexico’s Secretaría de Relaciones Exteriores (SRE) on Monday called on U.S. authorities to conduct an “immediate and thorough” investigation into the death of a Mexican national while in custody of U.S. Immigration and Customs Enforcement (ICE) at a processing facility in California.

In a statement, the Mexican government described the death as “regrettable” and urged U.S. officials to clarify the circumstances surrounding the case in order to “determine responsibilities and ensure that such events do not happen again.”

Death at Adelanto Processing Center

According to available information, the Mexican citizen died at the Adelanto Processing Center in California while under ICE custody. Authorities have not yet released the individual’s identity or the cause of death.

Following the incident, Mexico’s Foreign Ministry formally requested “detailed information” from U.S. authorities, including the detainee’s medical records and custody reports.

Consular Assistance Activated

The Mexican Consulate in San Bernardino, California, has activated consular assistance protocols to provide ongoing support to the deceased’s family. Officials have contacted relatives to express condolences and offer legal guidance, as well as assistance with the necessary procedures to repatriate the remains.

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“The handling of situations like this and the establishment of mechanisms to resolve them are priorities for the Government of Mexico,” the Foreign Ministry said, adding that it will formally request an investigation into any systemic conditions that may have contributed to such incidents.

Local Mexican media reported that seven Mexican nationals died while in ICE detention last year — the highest number recorded since the agency was created.

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International

Anti-ICE Billboard Campaign Targets Immigration Spending in 31 U.S. Cities

More than 200 billboards criticizing U.S. Immigration and Customs Enforcement (ICE) began appearing Monday in 31 cities across the United States, including Miami, as part of a campaign highlighting the high cost of immigration enforcement operations for taxpayers.

The initiative, titled “ICE Costs Us,” was launched by the civil rights organization Mijente and will run for four weeks.

Criticism of Spending and Enforcement Tactics

The billboards feature images of ICE agents during arrests or carrying military-style weapons. According to the organization, spending on military-grade equipment for the agency has increased by 600 percent in recent years.

Several signs display messages such as:
“Your taxes are being wasted” and “ICE’s cruelty costs you $28 billion,” referring to the agency’s annual budget.

In a statement, Marisa Franco, co-founder of the Mijente Support Committee, said:
“For too long, our government has prioritized building cages and investing billions in an immigration enforcement apparatus that has left families torn apart and communities terrified.”

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She added that “Millions of Americans are living paycheck to paycheck, yet this violent agency continues operating with a blank check. These decisions do not make us safer nor improve our economic security. Our billboards highlight these choices and demand a different path.”

Budget Debate and Medicaid Comparison

The campaign also draws a comparison between ICE’s funding and the estimated 17 million people who could lose health coverage under Medicaid due to federal budget cuts under President Donald Trump.

Other billboard messages seen in various cities include:
“They get billions to beat us; we get layoffs and rising rents” and “Funding ICE is a fast track to fascism.”

Organizers say the goal is to spark public debate about the allocation of federal funds for immigration enforcement and the broader economic and social impact of such policies on communities nationwide.

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