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Three of US's Top Steel Suppliers Are Seeking Breaks on Tariffs
Three of US's Top Steel Suppliers Are Seeking Breaks on Tariffs

Bloomberg

time16 hours ago

  • Business
  • Bloomberg

Three of US's Top Steel Suppliers Are Seeking Breaks on Tariffs

The US's top steel providers are racing to win exemptions from Donald Trump's steel tariffs. Canada's Prime Minister Mark Carney, Mexico's President Claudia Sheinbaum and Brazil's President Luiz Inacio Lula da Silva have sought to reach a deal with the White House, arguing that they should be treated differently than other countries in the world that were slammed by the US's 50% tariff. The three are responsible for about half of US steel imports.

Japan's Princess Kako leaves for Brazil tour
Japan's Princess Kako leaves for Brazil tour

NHK

timea day ago

  • General
  • NHK

Japan's Princess Kako leaves for Brazil tour

Princess Kako, the second daughter of Crown Prince and Princess Akishino, left Japan on Wednesday for a visit to Brazil. This year marks the 130th anniversary of the establishment of diplomatic relations between the two countries. The Princess will stay in Brazil from Thursday through June 15. The tour will take her to eight cities, including Brazil's largest, Sao Paulo. Her schedule includes welcome events hosted by people of Japanese descent. Brazil is home to more people of Japanese ancestry -- about 2.7 million -- than any other country. During the second half of her trip, the Princess will attend a ceremony and a lunch party in the capital, Brasilia, to commemorate the 130 years of diplomatic ties and to pay a courtesy call on President Luiz Inacio Lula da Silva. Lula visited Japan in March as a state guest. The two countries have designated this year as their friendship and exchange year. This is Princess Kako's fourth official overseas visit.

Brazil's Lula released after treatment for inner ear issue
Brazil's Lula released after treatment for inner ear issue

Times of Oman

time27-05-2025

  • General
  • Times of Oman

Brazil's Lula released after treatment for inner ear issue

Brasilia: Brazil's President Luiz Inacio Lula da Silva has been diagnosed with an inflammation of the inner ear after suffering from vertigo, hospital officials in Brasilia said Monday. Lula, 79, was treated in hospital and has already returned to the country's official presidential residence in the capital city where he is resting. In a statement, the Sirio-Libanes Hospital said Lula had undergone imaging and blood tests, the results of "which were all normal." The leftist president, who is expected to run for reelection next year, has a history of medical issues. On October 19 last year, he fell in the bathroom at the presidential Alvorada Palace, leaving him with a concussion and requiring several stitches. That accident forced him to cancel a planned trip to Russia to attend a BRICS summit. Nearly two months later, he underwent surgery in a Sao Paulo hospital after suffering headaches from a brain bleed which stemmed from that fall in October. Lula was discharged on December 15. He has also suffered from high blood pressure — also known hypertension — survived throat cancer in 2011 and had a prosthetic hip replacement in 2023. Lula is in his third term as Brazil's president, after serving two mandates between 2003 and 2010.

Bolsonaro discussed 'state of siege' after election loss
Bolsonaro discussed 'state of siege' after election loss

Jordan Times

time21-05-2025

  • Politics
  • Jordan Times

Bolsonaro discussed 'state of siege' after election loss

BRASÍLIA — A former army commander told Brazil's supreme court he had attended a meeting with Jair Bolsonaro where a "state of siege" was discussed as a possible means of overturning the far-right ex-president's election defeat. General Marco Antonio Freire Gomes, who was army commander under Bolsonaro, was one of the first witnesses to testify in an initial phase of the long-anticipated trial of Bolsonaro on coup charges. After leftist Luiz Inacio Lula da Silva's election victory in 2022, but before he was inaugurated as president in January 2023, Gomes said he took part in a meeting with Bolsonaro where the possibility of declaring a "state of siege" was discussed. "I warned him [Bolsonaro] that he could have serious problems, with judicial implications," the general said of that discussion. Bolsonaro, 70, is accused of having conspired to hold on to power regardless of the outcome of the 2022 election, which he narrowly lost to Lula. If found guilty, he risks a sentence of up to 40 years in prison, and political banishment. More than 80 people -- including high-ranking military officers, former government ministers and police and intelligence officials -- are set to testify in a preliminary trial phase that opened on Monday and is expected to last at least two weeks. Former air force chief Carlos de Almeida Baptista Junior is set to give evidence on Wednesday. Monday's hearings were opened by Bolsonaro's arch-foe, Judge Alexandre de Moraes, via video link. Bolsonaro joined the proceedings in a yellow Brazilian football jersey, a symbol of patriotism for his right-wing supporters. 'Criminal organisation' Prosecutors say Brazil's leader from 2019-2022 led a "criminal organisation" planning to undo Lula's election victory. Bolsonaro has been hoping to make a political comeback in elections next year despite being banned from seeking office until 2030 over baseless criticism of Brazil's electronic voting system. Prosecutors say those attacks had sought to discredit the 2022 election and lay the ground for a military intervention. Bolsonaro is also accused of being aware of a plot to assassinate Lula, his vice president Geraldo Alckmin, and judge Moraes. Bolsonaro denies any role in a coup attempt and claims to be the victim of "political persecution". The former army captain will be tried with seven former aides allegedly involved in the coup plot. They include four former ministers, a former navy commander and an ex-intelligence services head. Several former Brazilian presidents have had legal entanglements since the end of the 1964-1985 dictatorship, but Bolsonaro, who has expressed nostalgia for military rule, is the first to face coup charges. A 900-page report by the federal police lays out the alleged plot in detail. The attempt failed, say prosecutors, because it lacked crucial support from the top military brass. Bolsonaro was in the United States on January 8, 2023, when thousands of supporters invaded and ransacked key government buildings, demanding a military intervention to oust Lula a week after his inauguration. That effort also failed. 'Death penalty' Following the introductory phase with witness evidence, the trial will continue with testimony from the accused, followed by a summation from prosecutors and final arguments by defense attorneys. Only then will the five high-court magistrates -- including Moraes -- vote on the fate of the accused and, if found guilty, sentence them. Bolsonaro, who recently underwent abdominal surgery to treat problems arising from a 2018 knife attack, has said a conviction would amount to a "death penalty, political and physical".

Brazil's finance minister signals upcoming fiscal measures, rules out 'Bolsa Familia' hike
Brazil's finance minister signals upcoming fiscal measures, rules out 'Bolsa Familia' hike

Reuters

time15-05-2025

  • Business
  • Reuters

Brazil's finance minister signals upcoming fiscal measures, rules out 'Bolsa Familia' hike

BRASILIA, May 15 (Reuters) - Brazil's Finance Minister said on Thursday that the government is preparing measures to help meet this year's fiscal target, and denied any plans to increase monthly payments under the "Bolsa Familia" cash transfer program for low-income families. Speaking to reporters in Brasilia, Fernando Haddad said the measures under consideration are targeted, not part of a broader package, and will be discussed with President Luiz Inacio Lula da Silva next week. "It is not even possible to call it a package, because they are specific measures, none of them are of large-scale," Haddad said. "They are aimed exclusively at meeting the fiscal target." The government is expected to release on May 22 its first budget report of the year, tracking revenues and expenditures. The report must outline any necessary measures to meet the fiscal target of eliminating the primary deficit this year, if current projections fall short of that goal. Haddad also said there is no plan within the government to raise payments of the "Bolsa Familia" benefit, echoing remarks made by Social Developing Minister Wellington Dias late on Wednesday. Local magazine Veja reported on Wednesday that the Social Development Ministry was readying a proposal to increase monthly the monthly payments to 700 reais ($124.17) next year, up from the current 600 reais. The outlet reaffirmed the report on Thursday. The Brazilian real briefly narrowed losses against the U.S. dollar in spot trading during Haddad's remarks, but resumed a negative path right after, weakening over 1% to about 5.69 per greenback. Haddad also noted that a planned measure to support app-based delivery workers is still under development and does not yet have a final design.

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