Brazilian elections and Jair Bolsonaro - is he really "a Hitler"?


The Living Force
Brazil prosecutors file charges against tourism minister
Brazilian prosecutors have filed charges against Tourism Minister Marcelo Álvaro Antônio for alleged campaign finance fraud, the prosecutors' press office in Minas Gerais state said on Friday.

Rains, military response help curb fires in Brazil's Amazon in September
The number of fires in Brazil's Amazon rainforest has receded, falling 36% in September from August to well below a 20-year historic average for the month, amid improved weather conditions and containment efforts by the country's military.

Brazil's Bolsonaro says beach oil slicks could be criminal or shipwreck
FILE PHOTO: Brazil's President Jair Bolsonaro attends a launch ceremony of the government anti-crime project at the Planalto Palace in Brasilia, Brazil October 3, 2019. REUTERS/Adriano Machado

President Jair Bolsonaro said on Monday that oil polluting the country's northeastern beaches was not produced or sold in Brazil and could be the result of criminal activity or a shipwreck, though its origin is still being investigated.

Also, the oil hitting Brazilian beaches might be due to some activity in Ecuador?

Ecuador's Petroamazonas suspends operations at three oilfields amid protests
FILE PHOTO: Wellheads painted in the national colours are seen at an oil rig of Ecuador's state oil company Petroamazonas, in Tiputini, Ecuador October 19, 2017. REUTERS/Daniel Tapia
Ecuadorean state-run oil company Petroamazonas EP suspended operations at three oil fields in the Amazon region on Monday, the country's energy ministry said, as protests against austerity measures convulse the country.


The Living Force
Brazilian police investigate head of President Bolsonaro's PSL party: source
FILE PHOTO: Luciano Bivar President of the Social Liberal Party (PSL) is seen at the National Congress, in Brasilia, Brazil February 20, 2019. REUTERS/Adriano Machado

FILE PHOTO: Luciano Bivar President of the Social Liberal Party (PSL) is seen at the National Congress, in Brasilia, Brazil February 20, 2019. REUTERS/Adriano Machado

RIO DE JANEIRO Oct. 15, 2019 - Brazilian federal police launched a corruption probe on Tuesday to investigate the head of President Jair Bolsonaro’s right-wing Social Liberal Party (PSL) Luciano Bivar, a police source told Reuters.

In a statement, police said “Operation Guinhol” was investigating whether representatives of a political party had concealed transfers of party funds, especially to women candidates, in the northeastern state of Pernambuco.

According to the source, who spoke on condition of anonymity to disclose details of the operation, PSL is the party under investigation and nine search and seizure warrants in addresses related to PSL’s president Bivar were being executed.

In a statement, a lawyer representative for PSL and Bivar said “there is no evidence of fraud in the electoral process”, adding the investigation started 10 months ago and several witnesses were heard.

The operation comes amid a spat between the Brazilian president and Bivar, which might result in Bolsonaro’s exit from the party. Last week, Bolsonaro and PSL parliamentarians dissatisfied with Bivar requested information on the party’s finances.


The Living Force
Brazil Supreme Court ruling could free corruption convicts, including Lula
General view of a session of the Supreme Court in Brasilia, Brazil, October 17, 2019. REUTERS/Adriano Machado

October 17, 2019 - BRASILIA - Brazil’s Supreme Court began debating on Thursday whether to overturn a three-year-old rule that convicted criminals must go to prison right after losing their first appeal and not wait until they have exhausted their appeal options.

The rule contributed to the success of Brazil’s biggest corruption investigation, the so-called Car Wash operation that put dozens of company executives and politicians in jail for bribes and kickbacks, including former leftist President Luiz Inacio Lula da Silva.

The prospect of serving immediate prison time after losing a first appeal encouraged suspects to negotiate plea deals with prosecutors, providing them with information that helped unravel the biggest graft scheme in Brazil’s history.

Lula and many others convicted of corruption in the Car Wash investigation could be released from prison if the top court reverses the rule, as expected, when the justices vote on Oct. 24.

Justice Marco Aurelio de Mello, the second-longest-serving justice on the 11-member court, told Reuters on Wednesday he would vote for a return to the original rule that all appeals must be exhausted before a convicted defendant goes to prison.

Mello rejected criticism that the debate was geared to benefit Lula, who went to jail in July 2018 for 8 years and 10 months for receiving bribes from engineering companies in return for government contracts.

Mello told reporters at the court on Thursday that he expects a 7-4 decision in favor of allowing defendants the right to a full appeals process before they are imprisoned.

Former judge Sergio Moro, who handled most of the Car Wash trials and is now justice minister in the government of right-wing President Jair Bolsonaro, said such a decision would be a big setback for Brazil’s fight against corruption.

In Thursday’s session, lawyers for political parties opposed to the rule and the Brazilian Bar Association argued that it violated the constitution, which establishes the presumption of innocence of a defendant throughout the appeals process.

“Whether we like it or not, whether we disagree with the Constitution or find it out of date, the fact is that this is what the Constitution says,” said Jose Eduardo Cardozo, a former justice minister.

The top public prosecutor and the government’s solicitor general, who have both defended the current rule, will have the closing arguments before the justices cast their votes.

According to the National Council of Justice, some 4,895 convicts could potentially benefit from the rule change.

Lemann-backed Brazil school chain Eleva to raise $200 million to expand: sources
October 18, 2019 - Brazilian K-12 school chain Eleva Educação SA is in talks with investors to raise around $200 million in a new financing round to fund expansion, two sources with knowledge of the matter said.

Eleva is backed by Brazilian billionaire Jorge Paulo Lemann, one of the three founders of private equity firm 3G Capital, a controlling shareholder at companies such as Anheuser Busch Inbev, Kraft Heinz co and Restaurant Brands International.

Eleva’s move comes as investors are targeting private K-12 school chains in Brazil, expecting strong growth, given the poor quality of public schools in Brazil.

The school network, which also has a learning system, has doubled its number of students to 70,000 in the last two years and expanded geographically through acquisitions, with 115 schools across eight states. Its revenue is expected to reach 1 billion reais ($240 million) this year.

Eleva was founded by Gera Capital, a Brazilian asset management firm focused on impact sectors.

Proceeds from the new round of financing will be used to fund acquisitions and organic growth. A small portion of the proceeds may also be raised by existing shareholders, although there has been no decision on it yet.

Other Brazilian education groups have been investing in expansion of K-12 private schools, such as Cogna Educacao, formerly known as Kroton Educacional, with its division Saber.

Businessman Chaim Zaher, founder of Yduqs , formerly known as Estacio Participacoes SA, is also investing in K-12 schools through his privately held holding.

Besides Lemann, Eleva has among its shareholders private equity firm Warburg Pincus LLC, which acquired a roughly 25% stake in Eleva for 300 million reais in 2017, in a round that valued the company at 1.3 billion reais.

Itau Unibanco Holding SA’s investment banking unit is advising Eleva in the capital raising. Eleva did not immediately comment on the matter. ($1 = 4.1451 reais)


The Living Force
Brazil president's son Eduardo Bolsonaro confirmed at PSL lower house leader
FILE PHOTO: Brazilian Federal Deputy Eduardo Bolsonaro attends a sanction ceremony of the new telecommunications Law at the Planalto Palace in Brasilia, Brazil October 8, 2019. REUTERS/Adriano Machado/File Photo
Brazilian lawmaker Eduardo Bolsonaro, son of President Jair Bolsonaro, has assumed the leadership of the Social Liberal Party in the lower house of Congress after a bruising struggle for control of the party, chamber officials said on Monday.

Small plane crashes in Brazilian street killing at least three: firefighter
Firefighters work near the site where a small plane crashed on a residential street in Belo Horizonte, Brazil October 21, 2019. REUTERS/Cristiane Mattos
Firefighters work near the site where a small plane crashed on a residential street in Belo Horizonte, Brazil October 21, 2019. REUTERS/Cristiane Mattos

A small plane crashed on a street shortly after takeoff in the Brazilian city of Belo Horizonte on Monday, killing at least three people, a firefighter on the scene told Reuters.

The single-engine airplane hit three cars which caught fire in a residential area of the city, which is the capital of Minas Gerais state, local media reported.

Leandro Gomes, a Minas Gerais firefighter, told Reuters the accident happened soon after takeoff from the Carlos Prates airport. It is the second plane crash in that street this year, Gomes added.

Gomes said one of the fatalities was on the street and another was in one of the vehicles hit by the small airplane. The third person died inside the aircraft, Gomes said. Another three victims with burns were taken to hospital, the firefighter said.

The Cirrus Aircraft airplane was manufactured in 2007 and has capacity to carry three people, according to the G1 news website.

The Estado de Minas newspaper reported there were four people onboard the aircraft, including the pilot and three passengers. Gomes confirmed there had been four people onboard.


The Living Force
Brazil Senate committee approves pension reform text, paves way for final vote later Tuesday
Brazil's Senate Constitutional and Legal Affairs Committee on Tuesday approved the text of a pension reform bill, paving the way for a second and final plenary vote later in the day that will sign the landmark bill into law.

Brazil's Bolsonaro reconsiders son's appointment as U.S. envoy

President Jair Bolsonaro said on Tuesday he would rather his son Eduardo stayed in Brazil to deal with a crisis in the government's right-wing Social Liberal Party (PSL) instead of becoming Brazil's ambassador in Washington.


The Living Force
Bolsonaro threatens Brazil's Globo TV over 'villainous' report linking him to murder case
FILE PHOTO: Brazilian President Jair Bolsonaro attends the UAE-Brazil Business Forum in Abu Dhabi, UAE, October 27, 2019. REUTERS/Satish Kumar/File Photo
President Jair Bolsonaro threatened on Wednesday to cancel the license of Brazil's largest TV network, Globo, accusing it of "villainous journalism" after a report connecting him with a former police officer accused of killing a Rio de Janeiro city councilwoman last year.

Brazil justice minister calls for investigation into testimony linking Bolsonaro to murder case
FILE PHOTO: Brazil's President Jair Bolsonaro and Brazil's Justice Minister Sergio Moro attend a launch ceremony of the government anti-crime project at the Planalto Palace in Brasilia, Brazil October 3, 2019. REUTERS/Adriano Machado/File Photo
Brazil's Justice Minister Sergio Moro said on Wednesday that he has asked the top public prosecutor to investigate a statement by a Rio de Janeiro doorman that links President Jair Bolsonaro to suspects in the murder of a councilwoman.

Brazil house speaker says tax reform is priority in Congress
Brazil's lower house speaker Rodrigo Maia said on Wednesday that the tax reform is currently a priority for the National Congress and that an administrative overhaul to contain the growth of payroll spending will be carried out next year.


The Living Force
Brazil prosecutors seek $1.32 billion in fines from dozens accused of crimes
A task force of Brazilian public prosecutors said on Friday it is seeking to fine over a dozen people 5.3 billion reais ($1.3 billion) on accusations of fraud, money laundering and corruption involving an investment fund linked to prominent businessman Joesley Batista.

Son of founder of Brazil's Banco Safra leaves board; bank changes CEO

FILE PHOTO: A man walks in front of the Banco Safra SA headquarter in Sao Paulo March 26, 2015. REUTERS/Paulo Whitaker
Alberto Safra, one of the sons of Lebanese-Brazilian billionaire banker Joseph Safra, has left Banco Safra SA's board of directors to work on another family project, the Brazilian lender said in a statement on Monday.

Banco Safra also said in its statement that Chief Executive Officer Rossano Maranhao had left the bank. Late on Monday, the bank said Alberto Corsetti, a longtime Safra executive, would replace Maranhao.

Local newspapers Valor Economico and O Estado de S. Paulo reported that Alberto Safra left the bank after a disagreement with his brother David Safra. Both were on Safra’s board directors, with responsibility for the wholesale and retail businesses, respectively.

The siblings had been arguing about who would oversee a digital wallet system that would mark the family’s first foray into retail banking.

In August, Alberto Safra said in an interview with Brazilian financial daily Valor that Banco Safra was hoping to secure a leading position in the retail business. With 172.2 billion reais ($43.24 billion) in total assets, Safra is the country’s seventh largest lender.

Joseph Safra, who founded Banco Safra, is the world’s richest banker with a fortune valued at $25.2 billion by Forbes Magazine. He has another son, Jacob Safra, who oversees the family’s businesses outside Brazil. His daughter Esther does not work for the financial group.

Brazil's Bolsonaro criticized over plans to attend Copa final
FILE PHOTO: China's President Xi Jinping revives a gift from Brazil's President Jair Bolsonaro at the end of the signing ceremony at the Great Hall of the People in Beijing, China October 25, 2019. Yukie Nishizawa/Pool via REUTERS/File Photo
Brazilian president Jair Bolsonaro, an admirer of Latin America's military dictatorships, courted controversy on Friday when he said he might go to next month's Copa Libertadores final in the Chilean stadium once used as a detention center.


The Living Force
Investigations continue into Bolsonaro's Son's and their activities. These investigations have been on-going since after Bolsonaro got elected. I haven't been able to determine - if there's "just cause" behind these investigative activities or it's a form of harassment?
Periodically, every few months, Bolsonaro's performance rating is reported as down. Trump gets those reports - all the time!

Brazil investigators carry out raids amid graft probe into Bolsonaro's son
FILE PHOTO: Brazil’s Senator Flavio Bolsonaro smiles near Brazil's President Jair Bolsonaro after the launch of a new political party, the Alliance for Brazil (APB) in Brasilia, Brazil November 21, 2019. REUTERS/Ueslei Marcelino

Rio de Janeiro state prosecutors on Wednesday raided properties of the former staff of Flavio Bolsonaro, the son of Brazilian President Jair Bolsonaro, and relatives of the president's ex-wife, according to prosecutors and two sources familiar with the matter.

Brazil's Bolsonaro defends son against deepening graft probe
Brazilian President Jair Bolsonaro on Friday defended his son from accusations of corruption and attacked the Rio de Janeiro state prosecutors leading an investigation of Senator Flavio Bolsonaro's alleged money laundering and misuse of public funds.

Brazil poll shows rising rejection of Bolsonaro

The approval rating of Brazilian President Jair Bolsonaro's government is dropping steadily and its negative rating is climbing, a CNI/Ibope poll showed on Friday, as his combative political style and a weak recovery weigh on his popularity.

China-Brazil satellite launched into space to monitor Amazon rainforest
FILE PHOTO: An aerial view shows a deforested area in the Amazon rainforest, near the city of Altamira, Para state, Brazil, September 11, 2019. REUTERS/Nacho Doce/File Photo
An Earth observation satellite jointly developed by China and Brazil was launched into space on Friday under a bilateral program seen as a template for broader cooperation among BRICS nations.

Brazil's Bolsonaro says bill to allow mining on native reserves ready
(Did you clear that with Pope Francis, yet?)
Brazil's President Jair Bolsonaro said on Thursday that a bill authorizing mining on protected indigenous reserves was ready and only needed to be sent to Congress for consideration.


The Living Force
Brazil's right-wing President Jair Bolsonaro was discharged from hospital on Tuesday, having spent the night under observation after falling at his official residence in the capital Brasilia, his office said in a statement.

Brazil's Bolsonaro released from hospital after spending the night
FILE PHOTO: Brazil's President Jair Bolsonaro looks on as he leaves the Alvorada Palace in Brasilia, Brazil December 12, 2019. REUTERS/Adriano Machado

Bolsonaro, 64, was given a brain scan at the hospital that detected no abnormalities, the president’s office said on Monday shortly after the fall.


The Living Force
Bolsonaro said that he briefly lost his memory after falling at his presidential residence in Brasilia, the capital, earlier this week.

Brazil's Bolsonaro says he had partial memory loss after a fall this week
The president’s office disclosed on Monday that Bolsonaro, 64, had suffered a fall and was taken to a hospital Monday night for a brain scan, which detected no abnormalities. Bolsonaro spent the night in the hospital and was discharged on Tuesday.

“I had partial memory loss. This morning I managed to recover a lot of stuff,” Bolsonaro told the Band TV network Tuesday night.
“Now I am fine. I did not know, for instance, what I had done in the previous day.”

Since September 2018, Bolsonaro has undergone four surgeries because of a knife attack he suffered during the election campaign.

Recently, the right-wing president also (told) journalists he potentially had skin cancer, but a biopsy ruled out the disease.

Bolsonaro signs anti-crime bill designed to tackle violence in Brazil
Brazilian President Jair Bolsonaro has signed into law an anti-crime bill that toughens measures to stem a rampant deadly crime wave, although he vetoed some parts of the bill, the government said on Wednesday.
well, I didn't have time to look at everything posted on this thread, but as I'm brazilian and I have been following the policy carefully, I believe I can help to understand what is happening here in Brazil.

its important to note that the mainstream media it's the worst place to look for information about Bolsonaro because it's the same case as Donald Trump. Both are not Politically Correct to speak well in public, and the media campaign use everything they say to denigrate their good intentions against them, to brainswash the people.

after one year of government, what the local media themselves are having to admit is that there are two Bolsonaros - one who speaks and one who does. The Bolsonaro who speaks only makes confusion, but the Bolsonaro government that does, is doing everything right, and only not does much anymore, because the media and the political opposition do not let it.

I do not believe that someone well intentioned wishes to Brazil the same end that came to Venezuela, and I also do not know another candidate who went against the socialist regime of Foro de São Paulo. So, follow bellow a translation which has been a unanimous opinion, but that the mainstream media ( obviously ) does not publish.

When it comes to repairing the huge damage caused by more than a decade of Lulopetism and putting Brazil on the right track from various points of view, the Jair Bolsonaro government has made important proposals and achieved good results.
... ...
If, in the major themes of national life and Brazilian insertion in the world, the “Bolsonaro that does” has done the country a great good, unfortunately the “Bolsonaro that speaks” has not achieved the same result. The non-pope style in the language that made the then Federal Deputy famous is endorsed and praised by many of his supporters, but the president has very insistently and very worryingly crossed the boundaries between desirable sincerity and outright offense. or misunderstanding about the prerogatives of his office and democratic freedoms. And along with the words, small actions end up perpetuating old vices of national politics.
... ...

Bolsonaro is a buck, a loudmouth who values family and children very much. Because of this they have faced numerous problems with their personal image, but his government teams are very competent and know what they are doing. Those who voted for him did not vote for a statesman, much less a good president, but for Brazil to have a good government.

He will never be a Hitler because he has no capacity for this. The army & people that supports him would not support him in this regard. Hitler was an excellent speaker and propagandist, something that Bolsonaro could not even dream of being.


The Living Force
The Intercept Brasil website edited by Greenwald published damaging conversations between Moro and prosecutors in the Car Wash investigation that showed the judge advising them in the case against now jailed former leftist president Luiz Inacio Lula da Silva.

Brazil prosecutors charge The Intercept's Greenwald with hacking
FILE PHOTO: Author and journalist Glenn Greenwald speaks during a meeting at Commission of Constitution and Justice in the Brazilian Federal Senate in Brasilia, Brazil July 11, 2019. REUTERS/Adriano Machado/File Photo
Brazilian prosecutors charged U.S. journalist Glenn Greenwald on Tuesday with assisting a group of hackers who intercepted the cellular phone calls of Justice Minister Sergio Moro when he was the judge handling Brazil's biggest-ever corruption case.

“We will not be intimidated by these tyrannical attempts to silence journalists,” Greenwald said in a statement in which he said the government of Brazil’s far-right President Jair Bolsonaro does not respect basic press freedoms.

Greenwald was charged with criminal association with a group of six people who face charges of hacking the telephones of Brazilian officials as well as bank fraud and money laundering.

Greenwald has said the Car Wash investigators’ conversations were leaked to The Intercept after they had been hacked.

But the federal prosecutors said in a statement that an audio found on the seized laptop of one of the alleged hackers showed Greenwald advising him to erase all messages linked to The Intercept while the interceptions where still taking place.

“The dialogues demonstrated that Glenn Greenwald went beyond (his journalistic duty) by indicating actions that would hinder the investigation and reduce the possibility of criminal liability,” the statement said.

Greenwald, a resident of Brazil, became known internationally for his role in the publication of classified U.S. national security documents leaked by former National Security Agency contractor Edward Snowden in 2013.

It was not clear whether Greenwald could be indicted since he was not under investigation and prosecutors were barred from doing so by a court injunction last year.

Greenwald said Moro had from the start called The Intercept “allies of the hackers” for revealing his collusion with prosecutors in the corruption investigation.

The Federal Police stated less than two months ago, after examining the same evidence cited by the prosecutors, that he had not committed any crime, Greenwald said.

“I did nothing more than do my job as a journalist - ethically and within the law,” he said in the emailed statement.

Rosental Alves, journalism professor at Texas University, tweeted that prosecutors exposed by Greenwald seemed to be seeking revenge when in fact he was trying to protect his sources.

Snowden on Twitter called it “naked retaliation” and a threat to investigative journalism in Brazil.

Brazil charges ex-Vale CEO with homicide for dam disaster
FILE PHOTO: Former Vale S.A. CEO Fabio Schvartsman looks on during a session of the special committee on the Brumadinho mining disaster, at the Federal Senate in Brasilia, Brazil March 28, 2019. REUTERS/Ueslei Marcelino/File Photo
Brazilian state prosecutors on Tuesday charged Fabio Schvartsman, the former chief executive of mining giant Vale SA, and 15 other people with homicide for a dam disaster last year that killed more than 250 people, according to the charging document seen by Reuters.

Ex-Vale chief charged with murder for role in Brazil dam disaster: documents
State prosecutors in Brazil have charged 16 individuals with homicide and environmental crimes for their role in the Brumadinho disaster last January, when a dam owned by miner Vale SA <VALE3.SA> burst, killing hundreds, charging documents showed on Tuesday.

Brazil charges Vale, TUV SUD employees with homicide: source
Brazil state prosecutors have charged employees at miner Vale and auditor TUV SUD with homicide in relation to a deadly dam disaster last year, a source told Reuters on Tuesday.

Jailbreak in Brazil sees 26 prisoners escape
Twenty-six inmates escaped from a Brazilian prison in the northwestern state of Acre early on Monday, with all but one remaining at large, the state prison authority said.


The Living Force
Paris city hall made Brazil's former leader Luiz Inacio Lula da Silva an honorary citizen on Monday, in a likely blow to his political enemy President Jair Bolsonaro whose relationship with France has deteriorated.

Paris makes former Brazil president Lula an honorary citizen
Paris Mayor Anne Hidalgo looks on as former Brazilian president Luiz Inacio Lula da Silva gestures during a rally as part of her campaign for the upcoming mayoral election in Paris, France, March 2, 2020. REUTERS/Charles Platiau

March 2, 2020 - The motion to honor Lula was backed by the city’s Socialist mayor Anne Hidalgo.

“Immense joy to give the Honorary Citizen title to Lula. Paris will always stand beside those whose rights are not respected,” Hidalgo said on Twitter.

Brazil has turned its back on democracy since the election of Bolsonaro, Hidalgo told Lula at a ceremony, which was also attended by former President Dilma Rousseff.

Lula has attacked Bolsonaro, a right-winger, for impoverishing working Brazilians and vowed to unite the left to win the 2022 elections.

President from 2003 to 2010, Lula was imprisoned in 2018 after being found guilty of receiving bribes from construction companies in return for public contracts.

Lula has maintained his innocence and was freed in Nov. 2019 after Brazil’s Supreme Court issued a broader ruling ending the mandatory imprisonment of convicted criminals after they lose their first appeal.

Franco-Brazilian relationships have deteriorated since last year when President Emmanuel Macron was embroiled in a war of words with Bolsonaro.

Macron accused Bolsonaro of lying to world leaders about Brazil’s commitment to preserving the environment when forest fires erupted in the Amazon region.

Bolsonaro at one point insulted Macron’s wife and said he would only accept $20 million in aid offered by the G7 group of wealthy nations if Macron withdrew his “insults”.

Brazil's cracked city leaves corporate heavyweights on the hook
A man hangs laundry near a mining equipment used by the petrochemical company Braskem in Maceio, Brazil January 28, 2020. Picture taken January 28, 2020. REUTERS/Amanda Perobelli
A sudden, violent tremor knocked José Rinaldo Januario to the floor of his kitchen one Saturday afternoon two years ago - a mystery given the Brazilian city of Maceio had little history of seismic activity.

After seven seconds or so, when the shaking stopped, the bar owner and his 21-year-old son Arthur raced out onto the street, fearing the house might collapse. “It was like a volcano exploded,” said Januario, 47.

Cracks in his home, which he had long assumed to be construction defects, widened in the months after the tremor in March 2018. His family was forced to abandon the house last year, part of an exodus of thousands of people being evacuated from the sweltering seaside city to keep them safe.

Last May, federal authorities identified a culprit: petrochemical giant Braskem. The authorities said nearby salt mines operated by the company threatened the structural integrity of more than 9,000 homes.

The saga, little known outside northeastern Brazil, has enraged many residents and officials in the state of Alagoas, the nation’s second-poorest. It represents a serious financial risk for Braskem and its two largest investors, bankrupt construction group Odebrecht and state-run oil firm Petrobras, Latin America’s biggest company.

Braskem believes the federal study that determined the reasons for the cracks in Maceio is methodologically flawed and inconclusive, and has commissioned studies of its own.

Nonetheless, in January the company announced a deal with prosecutors to provide 1.7 billion reais ($387.4 million) over two years to relocate and compensate 17,000 residents, though it did not admit blame for the damage. Its Brazil-listed shares shot up on investor hopes the accord would draw a line under a multi-billion-dollar question mark.

However seven state and federal prosecutors involved in the case told Reuters that the 1.7 billion reais - a cost estimate by Braskem - was a minimum initial payment and that the company may have to pay more out.

“That’s a floor, not a ceiling,” said Ricardo Melro, head of the Alagoas public defender’s office, the most explicit public indication from officials that Braskem’s compensation and relocation costs could exceed the figure flagged in January.

Melro said he believed the company would end up paying about 2.3 billion reais, about a third more.

Federal prosecutor Niedja Kaspary, however, said Braskem would also likely be required to compensate 23,000 other residents in adjacent neighborhoods as a result of a 6.7 billion reais federal lawsuit launched against the company last year.

Unlike the 17,000 people, those residents are not deemed in imminent danger, but authorities warn their homes could be vulnerable in coming years.

Slideshow (19 Images)
Brazil's cracked city leaves corporate heavyweights on the hook


Dagobah Resident
FOTCM Member
Well, as a Brazillian, let me try to give you some perspective of what is happening.
Bolsonaro is often protected by his supporters by saying that people "take him out of context" or that "people misunderstood him".
Today, 15th of march, he actively encouraged his supporters to go to the streets all over brazil in a protest that is being propagandized as "against corruption" but is actually a demonstration of force against the STF (the Brazillian congress). His supporters shouted for an immediate AI-5 (AI-5 is the mandate that in the sixties turned Brazil into a dictatorship), held posters begging for the return of the dictatorship, and things of this nature.
Bolsonaro himself showed at one of the rallies, waving a Brazilian flag.
Now, you tell me if a "good person, albeit crude" would invite his followers to march in a thinly veiled movement against democracy?


The Living Force
Last week, there was a short report that Bolsonaro needed another surgery, due to injuries sustain in the knife attack but it did not specify his condition or what medical care he needed. There have been no further updates.

Coronavirus thumps Brazil, prompting nationwide cries of 'Bolsonaro Out!'
Brazil's President Jair Bolsonaro adjusts his protective face mask during a press statement to announce federal judiciary measures to curb the spread of the coronavirus disease (COVID-19) in Brasilia, Brazil March 18, 2020. REUTERS/Adriano Machado
The coronavirus outbreak hammered Brazil on Wednesday, crushing local markets, infecting more members of the country's political elite and prompting loud protests against President Jair Bolsonaro, whose son waded into a diplomatic spat with China.

Bolsonaro says coronavirus to peak in Brazil in three-four months
The coronavirus outbreak in Brazil is expected to peak in three or four months, President Jair Bolsonaro said on Thursday, adding that
the country should then return to normality in six to seven months' time.

Brazil declares COVID-19 state of emergency as Bolsonaro approval slips

Brazil declared a state of emergency on Friday, freeing up funds for the federal government to fight a coronavirus crisis that has hurt the popularity of far-right President Jair Bolsonaro's government.

Brazil Senate approves state of emergency to fight coronavirus
Brazil's Senate on Friday approved a presidential decree declaring a national emergency over the coronavirus epidemic, allowing the government to waive fiscal targets and free up budget resources to fight the virus that has killed seven and infected 621 in the country.

Brazil's Bolsonaro says economy must keep going to avoid catastrophe
Brazil's President Jair Bolsonaro said on Friday that the Brazilian economy cannot stop during the coronavirus epidemic or else the country will face a catastrophe.

Brazil health system will collapse by the end of April -health minister
Brazil's health system will enter a state of collapse by the end of April,
the country's health minister said on Friday, with coronavirus cases hitting a plateau in July and hopefully falling quickly in September.

Winter is coming: cooling weather in Brazil could fan coronavirus outbreak
The coronavirus outbreak is landing in Brazil as the hot summer days in the southern hemisphere draw to a close and winter approaches, potentially worsening the spread of the virus, medical experts stated.

Brazil will not close airports due to coronavirus: minister
Brazil's federal government will not close airports and bus stations due to the coronavirus, Infrastructure Minister Tarcísio Freitas told broadcaster Globonews on Friday in a live interview.

Brazil bars certain foreigners, allows Americans, as coronavirus spreads
Brazil late on Thursday announced it will bar citizens from certain countries affected by the coronavirus outbreak from entering the country, but exempted the United States, one of the countries with the highest number of cases.

Brazil coronavirus cases top 600, diplomatic spat with China bubbles
A general view of Ipanema beach during the coronavirus disease (COVID-19) outbreak in Rio de Janeiro, Brazil, March 19, 2020. REUTERS/Ricardo Moraes
Confirmed coronavirus cases in Brazil surged past 600 on Thursday, more than doubling in two days, as a diplomatic spat over the disease's origins between President Jair Bolsonaro's son and the Chinese ambassador threatened relations with Brazil's top trading partner.

Brazil restricts land borders with neighbors due to coronavirus
Brazil decided on Thursday to restrict entry of foreign visitors at land borders with Argentina, Paraguay, Bolivia, Peru, Colombia, Suriname and French Guiana
due to the coronavirus pandemic, the presidential chief of staff office said.
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