International
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.
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.
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.
International
White House considered dropping leaflets over Caracas to pressure Maduro
The White House recently proposed a plan to drop leaflets from U.S. military aircraft over Caracas to further pressure Venezuelan President Nicolás Maduro, according to sources familiar with the matter cited by The Washington Post.
The operation — which as of Saturday had not yet been authorized — considered dropping the leaflets this Sunday, the day of Maduro’s 63rd birthday. The materials were expected to highlight the $50 million reward for information leading to Maduro’s arrest, a bounty the White House doubled in August on the grounds that the Venezuelan leader is involved in “narcoterrorism.”
The proposal represents an escalation in Washington’s efforts to oust Maduro, a goal Trump pursued during his first term (2017–2021) and one that remains a priority for several of his top advisers.
Since the summer, the United States has carried out a large-scale military deployment in the southern Caribbean aimed at pressuring Maduro and, according to the White House, combating drug trafficking. This operation has resulted in the destruction of roughly twenty boats allegedly carrying narcotics and the deaths of 83 people on board.
In mid-November, Trump said he had made a decision regarding a possible military action in Venezuela, further raising tensions with Caracas.
On Friday, the U.S. Federal Aviation Administration (FAA) issued an advisory urging commercial flights to “exercise extreme caution” when flying over Venezuela and the southern Caribbean due to the “potentially hazardous situation” linked to increased military activity in the region.
This prompted several European and American airlines to cancel flights to the Caribbean nation.
International
Trump attacks Europe and Biden on Truth Social ahead of talks on Ukraine peace plan
In a message posted on Truth Social, the U.S. president also targeted European nations, “which continue buying oil from Russia,” as well as his predecessor, Joe Biden, whom he accused of inaction at the start of the conflict.
“I inherited a war that never should have happened, a war in which everyone is losing,” the president wrote in all caps on his social media platform.
“The Ukrainian leaders have shown zero gratitude for our efforts, and Europe keeps buying oil from Russia.”
“The United States continues to sell massive quantities of weapons to NATO for distribution to Ukraine (corrupt Joe gave everything away — free, free, free — including large sums of money!),” he added.
U.S. Secretary of State Marco Rubio is scheduled to meet with a Ukrainian delegation in Geneva this Sunday in hopes of advancing Trump’s plan for Ukraine.
Washington now presents Trump’s 28-point proposal as a “framework for negotiations” aimed at ending the conflict, though it is viewed with concern in both Kyiv and Brussels.
International
Tatiana Schlossberg reveals aggressive leukemia diagnosis in personal New Yorker essay
In a deeply personal essay published in The New Yorker, Tatiana Schlossberg revealed her diagnosis: acute myeloid leukemia with a rare genetic mutation known as Inversion 3, a variant that responds poorly to standard treatments.
The 35-year-old journalist explained that the disease was discovered shortly after the birth of her second daughter in May 2024, when doctors detected an extremely high white blood cell count. Schlossberg said she was in complete shock upon receiving the diagnosis, noting that she “didn’t feel sick” and had experienced a healthy pregnancy.
Her treatment since then has been intense. She has undergone chemotherapy, at least two bone marrow transplants, and is participating in clinical trials involving CAR-T therapy, an advanced form of immunotherapy. In one of these trials, her doctors told her they might be able to “keep [her] alive for a year, maybe less.”
Schlossberg reflected on her fears for her children, her husband, George Moran, and her parents, and on the emotional weight of becoming part of the Kennedy family’s long history of tragedy. She also criticized her cousin, Robert F. Kennedy Jr., for political decisions that she argues have harmed medical research that could benefit cancer patients like her.
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