International

Bolsonaro ‘authorizes’ transition without acknowledging defeat

Photo: Evaristo Sa / AFP

| By AFP | Marcelo Silva De Sousa |

Brazil’s President Jair Bolsonaro on Tuesday “authorized” the transition to a new government, without acknowledging his defeat to leftist rival Luiz Inacio Lula da Silva.

Bolsonaro, 67, broke two days of silence after his razor-thin loss to Lula on Sunday, which sparked protests from his supporters across the country and fanned fears he would not accept the outcome.

In a speech that lasted just over two minutes, the far-right incumbent neither acknowledged defeat, nor congratulated Lula on his victory.

Bolsonaro started by thanking the 58 million Brazilians who voted for him, before commenting that the roadblocks erected by his supporters across the country were “the fruit of indignation and a feeling of injustice at how the electoral process took place.”

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“Peaceful protests will always be welcome,” he said, adding that people should not be impeded from coming and going.

“As president of the Republic and a citizen I will continue to comply with our constitution,” he said, before handing the podium to his chief of staff Ciro Noguiera, who said Bolsonaro had “authorized” the “start of the transition” process.

Lula’s Workers’ Party announced Tuesday that his vice-president-elect Geraldo Alckmin would lead the transition process which would begin on Thursday. Lula will be inaugurated for his third term as president on January 1.

No concession call

Bolsonaro’s appearance, however succinct, capped two days of tensions over how he would respond to such a narrow loss after months of alleging fraud in the electoral system.

“Anyplace else in the world, the defeated president would have called me to recognize his defeat,” Lula said in his victory speech to a euphoric sea of red-clad supporters in Sao Paulo on Sunday night.

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Bolsonaro remained silent even as key allies publicly recognized his loss, including the powerful speaker of the lower house of Congress, Arthur Lira.

Federal Highway Police (PRF) on Tuesday reported more than 250 total or partial road blockages in at least 23 states by Bolsonaro supporters, which they were attempting to disperse, in some cases firing teargas at demonstrators.

Protesters wearing the yellow and green of the Brazilian flag, which the outgoing president has adopted as his own, said they would not accept the outcome of the election.

“We will not accept losing what we have gained, we want what is written on our flag, ‘order and progress’. We will not accept the situation as it is,” Antoniel Almeida, 45, told AFP at a protest in Barra Mansa, Rio de Janeiro.

On Monday night, Judge Alexander de Moraes of the Supreme Court ordered police to disperse the blockades immediately. He was acting in response to a request by a transport federation that complained it was losing business.

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‘Strength of our values’

Bolsonaro became the first incumbent president in Brazil not to win re-election in the post-dictatorship era after a four-year term in which he came under fire for his disastrous handling of the Covid-19 pandemic, which left more than 680,000 dead in Brazil.

He also drew criticism for his vitriolic comments, polarizing style and attacks on democratic institutions and foreign allies.

Bolsonaro used his brief speech to reflect on his time in office and said the victory of a majority of right-wing candidates in Congress “shows the strength of our values: God, homeland, family, and liberty.”

“Our dreams are more alive than ever. Even in the face of the system, we overcame a pandemic and the consequences of a war,” Bolsonaro said, referring to Russia’s war against Ukraine, which has reverberated around the globe with rising prices and concerns of a major food crisis. “I was always labeled undemocratic and unlike my accusers, I always played within the limits of the constitution.”

Lula gets to work

The post-election drama follows a dirty and divisive election campaign between Bolsonaro and Lula, who returns to office in a dramatic comeback.

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Brazil’s president between 2003 and 2010, Lula crashed into disgrace in a corruption scandal that landed him in jail before his conviction was thrown out due to bias from the lead judge. However, he was not exonerated.

The election outcome showed just how polarized the country is between the two very different leaders.

Lula scored 50.9 percent to Bolsonaro’s 49.1 percent — the narrowest margin in Brazil’s modern history.

With a massive to-do list, Lula leaped into action, meeting Argentine President Alberto Fernandez in Sao Paulo and holding a series of phone calls with US President Joe Biden, France’s Emmanuel Macron, Germany’s Olaf Scholz, UN Secretary-General Antonio Guterres and others.

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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.