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Brazil’s Lula appoints former mayor as finance minister

Photo: NELSON ALMEIDA / AFP

| By AFP |

Brazil’s president-elect Luiz Inacio Lula da Silva on Friday named former Sao Paulo mayor Fernando Haddad, viewed unfavorably by many in the business community, as his finance minister.

Lula da Silva, who narrowly defeated incumbent Jair Bolsonaro in October elections, unveiled ministers in the key posts of foreign affairs, justice, defense, and chief of staff.

However, all eyes were on his pick for finance minister, with markets nervous over the incoming government’s commitment to fiscal discipline and the inflation-hit economy in fragile recovery.

“(I chose) comrade Fernando Haddad as Minister of Finance,” Lula said during a press conference in the capital Brasilia.

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Haddad, 59, who served as education minister from 2005 to 2012, succeeds powerful liberal economy minister Paulo Guedes, an ally of far-right President Jair Bolsonaro.

After Lula’s new government takes office following his January 1 inauguration, the economy ministry will be dissolved and transformed into finance, industry and planning agencies.

When Haddad’s name started circulating for the role, markets reacted with unease, viewing him as too much on the left and fearing he would jeopardize the budgetary balance.

“He represents the heterodox economic policy” that Lula’s Workers’ Party (PT) defends, said Antonio Madeira of the MCM consultancy firm.

Madeira said that with Haddad in the finance ministry, he expects “an increase in spending” and “a more assertive state giving a significant role to public companies.”

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Despite some of the reluctance towards Haddad, the Sao Paulo Stock Exchange’s Ibovespa index was up Friday by 0.5% after the names of the future ministers were announced.

Lula also tapped Mauro Vieira as foreign minister. 

Vieira is a 71-year-old career diplomat who has already served as foreign minister as well as ambassador to Argentina, the United States and the United Nations.

He is currently serving as ambassador to Croatia, which on Friday knocked Brazil out of the World Cup.

For the justice ministry, Lula appointed Flavio Dino, a former governor of the northeastern state of Maranhao.

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Rui Costa, governor of the province of Bahia, was named to a ministry that falls between the roles of prime minister and chief of staff.

Jose Mucio Monteiro, a civilian, was named defense minister.

After appointing five white men to the key ministries, Lula promised that “in time, you will see more women than men here … as well as a number of Afro-Brazilians.”

“We will try and form a government in the image of Brazilian society.”

Lula, a former unionist who already served two terms as president between 2003 and 2010, said that he would announce the names of more ministers next week and he has “not yet decided the total number of ministers” he would have in his government.

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One of the most highly anticipated posts is that of the environmental minister, who will play a crucial role as Brazil seeks to tackle deforestation in the Amazon.

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International

Federal immigration agents kill man in Minneapolis, sparking protests and outrage

Federal immigration agents shot and killed a 37-year-old Minneapolis man during an operation on Saturday, authorities confirmed, sparking new protests and deepening outrage over federal immigration enforcement in the city.

The victim, identified as Alex Jeffrey Pretti, was a U.S. citizen and intensive care nurse who worked at a Veterans Affairs hospital and was widely respected in his community, according to colleagues and news reports.

Officials said the shooting occurred during a targeted immigration raid in south Minneapolis. The Department of Homeland Security (DHS) described the incident as an act of self-defense by agents who believed the man posed a threat.

However, videos reviewed by multiple outlets and eyewitnesses show Pretti holding a phone and not displaying a weapon before being pepper-sprayed, tackled by agents and then shot multiple times, raising serious questions about the official account.

The killing comes amid a broader federal immigration enforcement operation in the city and follows another controversial shooting in early January in which Renée Good, a 37-year-old U.S. citizen, was fatally shot by an ICE agent, leading to widespread protests and criticism of federal tactics.

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Delcy Rodríguez seeks political agreements after Maduro’s ouster

Venezuela’s interim president, Delcy Rodríguez, on Saturday called for “reaching agreements” with the opposition to achieve “peace” in the country, which the United States says it now controls following the military operation that removed President Nicolás Maduro from power.

Rodríguez, who previously served as Maduro’s vice president, assumed interim leadership after the leftist leader was captured on January 3 during a military incursion that left nearly 100 people dead.

In her first public statements since taking office, Rodríguez signaled a shift in the strained relationship between Caracas and Washington, while also committing to the release of a “significant number” of political prisoners.

“There can be no political or partisan differences when it comes to the peace of Venezuela,” Rodríguez said during an address in the coastal state of La Guaira, broadcast on state television VTV.

“From our differences, we must speak to one another with respect. From our differences, we must meet and reach agreements,” she added.

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The day before, Rodríguez instructed the head of Parliament — her brother Jorge Rodríguez — to convene talks with various political sectors in the country aimed at achieving “concrete and immediate results.”

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International

Bogotá and Quito Seek Dialogue After Tariffs and Power Cut Escalate Tensions

Bogotá and Quito will hold an emergency bilateral summit next week amid recent developments that have strained relations between the two countries.

Tensions escalated this week after Ecuadorian President Daniel Noboa unexpectedly announced a 30% tariff on Colombian imports. Colombia responded with a reciprocal measure, imposing the same tariff on around 20 Ecuadorian products and suspending electricity exports to Ecuador.

Aware that electricity imports are critical to easing Ecuador’s recent energy crises, Quito further imposed a 30% tariff on the transportation of Colombian oil through its territory.

However, recent statements from the Ecuadorian government suggest that dialogue between the two sides has intensified in recent hours. Ecuador’s Minister of Foreign Affairs, Gabriela Sommerfeld, confirmed that active conversations are under way.

In Colombia, segments of the business sector have welcomed the prospect of negotiations. The National Business Council (Consejo Gremial Nacional, CGN), for instance, urged both governments to restore commercial relations, warning that the dispute “puts jobs and regional economic stability at risk.”

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