News from Brazil

Brazil Political News

In Brazil on June 2, 2011 at 9:02 pm

POLITICS

The political wounding of Antonio Palocci, the president’s right-hand man, comes at an awkward time, when the battle to cool the economy has only just begun (The Economist).

The Senate intends to debate for four months the new Forest Code bill, approved by the House of Representatives. To do so, the government leader senator Romero Jucá (PMDB-RR), intends to forward to president Dilma Rousseff a request to extend the Decree 7.029/2009, which orders the punishment of rural producers responsible for illegal deforestation as of June 11, 2011. The decree’s extension is to give time to senators debate and amend the bill (Senado Federal).

President Dilma Rousseff launched an ambitious plan to eliminate dire poverty in Brazilwithin four years by lifting more than 16 million people from conditions of “misery.” The “Brazil Without Misery” program is the signature policy of the former leftist guerrilla’s first term, her advisers said, fulfilling one of the key promises she made in her campaign for the presidency last year (Reuters).

The key political risks to watch in Brazil according to Reuters can be found here.

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INTERNATIONAL

Argentine Industry Minister, Debora Giorgi, and her Brazilian counterpart Fernando Pimentel met in Brasilia in order to discuss a possible solution for the trade conflict currently affecting Brazil and Argentina (Mercopress).

French Finance Minister Christine Lagarde pledged to push reforms to give Brazil and other emerging economies more influence at the International Monetary Fund as she kicked off a worldwide tour on Monday to win support for her candidacy to lead the global lender (Reuters).

The Chinese government is lobbying countries in Africa to reject a proposal by Brazil, India, Germany and Japan to expand the United Nations Security Council, Valor Economico newspaper reported (Bloomberg).

DEFENSE & SECURITY

Strengthening security on Brazilian borders and, at the same time, promoting populations’ development in the area: this is the challenge to be faced by the country, according to representatives of the Brazilian Armed Forces, the Federal Police and the Brazilian Intelligence Agency (Abin) heard in a debate at the Permanent Subcommittee on the Amazon and the Border-Strip, subdue to the Committee on External Relations and National Defense (Senado Federal).

Defense Minister Nelson Jobim extended his gratitude to Brazilian soldiers participating UN peacekeeping missions overseas. Jobim made the remarks in a message to celebrate the ninth International Day of UN Peacekeepers on May 29. The minister is now attending a meeting of defense chiefs from the Union of South American Nations (Unasur) in Argentina (Xinhua).

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