Page 5 - Brazil

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Biden congratulates Lula da Silva on becoming Brazil's president again

US President Joe Biden on Sunday congratulated Luiz Incio Lula da Silva on his election to be the next president of Brazil. I send my congratulations to Luiz Incio Lula da Silva on his election to be the next president of Brazil following free, fair, and credible elections, Biden said in a statement. I look forward to working together to continue the cooperation between our two countries in the months and years ahead, he said.

Lula da Silva defeats Bolsonaro to become Brazil's president again

Brazil's electoral authority said Sunday that Luiz Incio Lula da Silva of the leftist Worker's Party defeated incumbent Jair Bolsonaro to become the country's next president. With 98.8 per cent of the votes tallied in the runoff vote, da Silva had 50.8 per cent and Bolsonaro 49.2 per cent, and the election authority said da Silva's victory was a mathematical certainty. Da Silva the country's former president from 2003-2010 has promised to restore the country's more prosperous past, yet faces faces headwinds in a polarised society. It is a stunning return to power for da Silva, 77, whose 2018 imprisonment over a corruption scandal sidelined him from that year's election, paving the way for then-candidate Bolsonaro's win and four years of far-right politics. His victory marks the first time since Brazil's 1985 return to democracy that the sitting president has failed to win reelection. His inauguration is scheduled to take place on January 1. Thomas Traumann, an independent politi

Looming elections in US and Brazil pose test for Elon Musk's Twitter

Pivotal elections in Brazil and the United States will present an early test to Twitter's new owner Elon Musk and his promise to ease up on the platform's policies on misinformation. Voters in both nations have already faced a torrent of misleading claims about candidates, issues and voting. That torrent could become a deluge if Musk makes good on his vows to roll back Twitter's rules just as millions of voters prepare to cast a ballot. This is the most critical time for this work, right before an election," said Alejandra Caraballo, an instructor at Harvard Law School's Cyberlaw Clinic who has been monitoring the online response to Musk's purchase. We're going to see a test run with the election in Brazil this Sunday, when we'll see how bad things get." Even if Musk waits until after the elections to make changes, his decision to fire the executive in charge of content moderation raises questions about the company's ability to combat misinformation and extremist content linked to .

Drought from China to US hits hydro dams, slashing top clean energy source

Globally, hydropower generates more electricity than nuclear and more power than wind and solar combined. In countries like Norway and Brazil, dams generate more than half of total electricity

Brazil's central bank revises growth forecast for 2022 up to 2.76%

Financial analysts upgraded their forecast for Brazil's economic growth for 2022 from 2.71 per cent to 2.76 per cent, and from 0.59 per cent to 0.63 per cent for 2023, the central bank said

India to soon sign long-term deal to export oil from Namibia: Report

Recently, IOC signed a deal to procure oil from Colombia's Ecopetrol SA and Brazil's Petroleo Brasileiro SA (Petrobras)

Europe Is Buying Up Cheaper Brazilian Ethanol Amid Energy Crisis

Prices for natural gas and power are so high in Europe that some ethanol makers have considered shutting down plants

Lula losing Brazil's biggest state forces urgent campaign kick start

Lula unexpectedly lost the overall state of Sao Paulo to Jair Bolsonaro by almost seven percentage points, a defeat that has Lula's team scrambling to shore up support before the Oct. 30 showdown

Shooting disrupts Bolsonaro-backed Sao Paulo candidate's campaign stop

A Sao Paulo gubernatorial candidate's campaign event in the Paraisopolis neighbourhood came to an abrupt halt on Monday when gunfire erupted outside. Paraisopolis is one of Brazil's biggest favelas, or slums, and videos of the moment from local media show journalists and Tarcsio Gomes de Freitas crouching below windows. Sao Paulo Gov. Rodrigo Garcia said in a statement that he had ordered an investigation. Osvaldo Nico, the head of the state's police, said in a press conference there was a shooting in the region and one person was killed, but that the incident had no connection with de Freitas' visit. On Twitter, de Freitas characterized the shooting as an attack by criminals. Sao Paulo is the most populous state and its biggest economic power, making its race for governor prominent in any election. But this year there is heightened attention, with the contest seen as a proxy for the presidential race between President Jair Bolsonaro and former President Luiz Incio Lula da Silva.

Brazil court fines Apple $19 mn for not including chargers with iPhones

A court in Brazil has fined Apple nearly $19 million for not selling iPhones with a charging socket unit, saying it must provide chargers with its iPhones in the country.

Why even a leftist govt under Lula may not restore Brazil's forests

A sharp left-right dichotomy is a common way to think about the stakes in the runoff poll on Oct. 30. Still, as with the candidates' economic platforms, their forest policies have a lot more in common

HCLTech to boost presence in Mexico; to hire 1300 employees over next 2 yrs

The new centre in Guadalaraja will enable the company to serve its local and international client base across industries

Battling attrition in India, HCL to hire 1000 employees in Brazil

IT services giant's attrition grew to 23.8 per cent in the first quarter of FY23

HCL Tech to scale up Brazil operations, to hire 1,000 people in 2 years

IT company HCL Tech plans to hire 1,000 people in Brazil in the next two years and will also open a new technology centre in Campinas, the company said on Tuesday. HCL Tech is scaling up its operations to serve its growing local and global client base across industries. "Our commitment to Brazil is part of our long-term strategic plan in the country, which includes supercharging progress for our clients, partners, people and communities in this region of significant importance," HCL Tech, Chief Growth Officer, Americas and Executive Sponsor, Brazil, Anil Ganjoo said. The company will hire local IT talent to develop and deliver next-generation technology solutions and services across digital, engineering and cloud.

Brazil election enters runoff as Bolsonaro dashes Lula's hope of quick win

The unexpectedly strong showing by Bolsonaro on Sunday dashed hopes for a quick resolution to the deeply polarised election in the world's fourth-largest democracy

Bolsonaro, Lula to face runoff vote in Brazil's presidential elections

Former President Luiz Incio Lula da Silva of the leftist Workers' Party got the most votes in Brazil's presidential election Sunday, but not enough to avoid a runoff vote against his far-right rival, incumbent Jair Bolsonaro. With 97% of the votes tallied, da Silva had 47.9% support and Bolsonaro 43.6%. Since neither candidate received more than 50% of the valid votes, which exclude spoiled and blank ballots, a second round vote between them will be scheduled for October 30. Brazil's election authority announced late Sunday that a second round was a mathematical certainty. The highly polarised election will determine whether the country returns a leftist to the helm of the world's fourth-largest democracy or keeps the far-right leader in office for another four years. Bolsonaro's administration has been marked by incendiary speech, his testing of democratic institutions, his widely criticised handling of the COVID-19 pandemic and the worst deforestation in the Amazon rainforest in

Lula leads polls as Brazil votes in tense presidential contest

Most polls have shown Lula with a solid lead for months, but Bolsonaro has signaled he may refuse to accept defeat, stoking fears of institutional crisis or post-election violence

Brazilians vote today in historic election with Lula against Bolsonaro

More than 120 million Brazilians will vote Sunday in a highly polarised election that could determine if the country returns a leftist to the helm of the world's fourth-largest democracy or keeps the far-right incumbent in office for another four years. With polls opening at 8 am Brasilia time, the race pits incumbent President Jair Bolsonaro against his political nemesis, former President Luiz Incio Lula da Silva. There are nine other candidates, but their support pales to that for Bolsonaro and da Silva. Recent opinion polls have given da Silva a commanding lead the last Datafolha survey published Saturday found that 50% of respondents who intend to vote for a candidate said they would vote for da Silva, against 36% for Bolsonaro. The polling institute interviewed 12,800 people, with a margin of error of plus or minus two percentage points. Bolsonaro's administration has been marked by incendiary speech, his testing of democratic institutions, his widely criticized handling of th

India, Brazil support each other's candidacy at UNSC: Brazilian envoy

India, Brazil support each other's candidacy at UNSC, said Brazilian envoy