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Brazil’s unemployment continues to fall to new seven-year low

Photo: AP

January 19 | By AFP |

Brazil’s unemployment continued to fall in the three months from September to November 2022, hitting a new seven-year low of 8.1 percent, official figures published on Thursday showed.

It is the sixth successive rolling quarter that unemployment figures have fallen, reaching the lowest figure since April 2015.

With 8.7 million people seeking employment, that is 3.7 million fewer than a year ago, the IBGE statistics institute said.

Unemployment in Latin America’s biggest economy is down 0.8 percent on the previous rolling quarter, and 3.5 percent down on the equivalent period in 2021, when unemployment sat at 11.6 percent.

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Brazil continues to recover from the economic crash caused by the Covid-19 pandemic, during which employment soared to a high of 14.7 percent in the first quarter of 2021.

The improved figures come from the end of far-right former president Jair Bolsonaro’s term in office.

He was replaced January 1 by veteran socialist Luiz Inacio Lula da Silva, who narrowly defeated Bolsonaro in October’s fractious elections.

Lula has promised to improve the spending power of the lowest paid workers and to boost social programs.

Real revenues jumped three percent compared to the previous rolling quarter and were up 7.1 percent on the equivalent period in 2021.

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But 38.8 million out of Brazil’s 215 million population work in the informal sector, mostly without an employment contract and in precarious conditions.

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International

Senate Bipartisan Vote Moves Measure to Block Further U.S. Military Action in Venezuela

The U.S. Senate took a significant step on Thursday toward limiting President Donald Trump’s military authority in Venezuela, advancing a bipartisan war powers resolution that would block further military actions without explicit congressional approval, lawmakers said.

In a 52-47 procedural vote, the measure moved forward after five Republican senators joined all Democrats in supporting the effort. The resolution aims to require presidential authorization from Congress before the United States can engage in any new hostilities against Venezuela, a rare rebuke of Trump from both sides of the aisle following the controversial military operation that resulted in the capture of Venezuelan leader Nicolás Maduro.

If ultimately passed, the legislation would obligate the administration to withdraw U.S. forces from any imminent hostilities in or against Venezuela unless Congress explicitly authorizes such actions. However, the measure’s future remains uncertain as it heads next to the House of Representatives, where a Republican majority is less likely to approve it, and any final version would likely face a presidential veto. Overriding a veto would require a two-thirds majority in both chambers, a high threshold in the current political landscape.

President Trump has sharply criticized Republican senators who broke ranks to support the resolution, saying they should not be re-elected and arguing that the measure undermines his authority to act in national defense. Nevertheless, the vote signals growing bipartisan concern in Congress about unchecked executive military action in the absence of legislative authorization.

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International

Petro and Trump Agree on Joint Action Against ELN Guerrillas After Tense Diplomacy

Colombian President Gustavo Petro and his U.S. counterpart Donald Trump agreed on “joint actions” to combat the National Liberation Army (ELN) guerrilla group operating along the Colombia–Venezuela border, Colombia’s Interior Minister Armando Benedetti said on Thursday.

The announcement came after a period of heightened diplomatic tension triggered by recent U.S. airstrikes in Venezuela, the capture of Venezuelan President Nicolás Maduro, and threats of possible U.S. military action in Colombia. The phone call Wednesday evening was the first direct conversation between Petro and Trump since both leaders took office, and it helped ease the strained relationship.

During the call, both presidents committed to carry out joint efforts against the ELN, a guerrilla group that has repeatedly attacked Colombian security forces and is accused of kidnapping soldiers. In December, the ELN declared a “armed strike,” confining civilians in areas under its control in response to perceived threats of U.S. intervention.

According to Benedetti, Petro welcomed Trump’s invitation to meet in Washington and asked for U.S. support to “strike hard” against ELN positions along the porous border with Venezuela, where guerrillas often flee after clashes with Colombian forces.

The border region is a longstanding flashpoint, where armed groups, drug traffickers and illegal mining networks compete for control. Previous attempts by Petro’s government to negotiate peace with the ELN have stalled after a major offensive in Catatumbo that left hundreds dead and displaced thousands.

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Lula Vetoes Bill That Would Have Shortened Bolsonaro’s Prison Sentence

Brazilian President Luiz Inácio Lula da Silva vetoed on Thursday a bill that would have significantly reduced the prison sentence of his far-right predecessor, Jair Bolsonaro, who is currently serving time for attempting a coup d’état.

Despite the veto, the conservative-majority Congress retains the power to override the decision through a vote.

In September, following a landmark trial, Brazil’s Supreme Court sentenced Bolsonaro to 27 years in prison after finding him guilty of conspiring to remain in power in an “authoritarian” manner following his defeat to Lula in the 2022 presidential election.

The 70-year-old former president has been incarcerated in a Brasília prison since late November. Earlier this month, the Supreme Court rejected a request for house arrest on health grounds.

Under the current legal framework, Bolsonaro would be required to serve approximately eight years before becoming eligible for sentence leniency. However, a bill passed by Congress in December could have reduced that period to just over two years, prompting Lula’s veto.

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