Life's a beach for Brazil's Bolsonaro as spaceman joins his team

Life's a beach for Brazil's Bolsonaro as spaceman joins his team

Life's a beach for Brazil's Bolsonaro as spaceman joins his team

Brazil's environment and agriculture ministers on Wednesday criticized President-elect Jair Bolsonaro's plans to merge their two departments, saying it would hurt the country's agenda on both fronts.

According to one analyst, the recovery in Brazilian markets hasn't been as much because investors were high on Bolsonaro but more because they shuddered at the prospect of any other option.

And like Trump, Bolsonaro nevertheless won support from Brazil's religious right, earning the endorsements of prominent evangelical leaders in the run up to a first round of elections in early October.

Brazil is already the deadliest country in the world in which to defend your land, with at least 57 people murdered a year ago, 25 of them in three massacres.

After growing one percent last year, Brazil, the world's eighth-largest economy, is forecast to grow about 1.4 percent this year.

"It's one thing to govern using social networks when it doesn't matter what you say; the economy is doing well", said Joel Velasco, a principal at the Albright Stonebridge strategy group and former advisor to the United States ambassador in Brazil.

Seleme added it would also bolster accusations from the Workers Party (PT), whose candidate Fernando Haddad lost to Bolsonaro in Sunday's vote, that Moro has a vendetta against the PT and worked to keep it from power.

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His election alarmed critics around the globe, however, given his defense of Brazil's 1964-1985 military dictatorship, vows to sweep away leftist political opponents, and a track record of denigrating comments about gays, women and minorities. Paulo Guedes, an economist educated at the US University of Chicago, has advocated for tax and spending cuts that he believes will reverse the country's deficit.

"The Brazilian also share the idea of a necessary counter-offensive to contain the expansionism of China, which he accused of" buy Brazil". New rules will boost investment in infrastructure, he told reporters.

"The exact details of how his administration plans to achieve (its) objectives are limited", wrote Fitch analysts led by Shelly Shetty. Not to mention his propensity to praise Brazil's former military dictatorship.

"We need a minister with a specific role, not linked to the economy ministry, which worries more about revenues and public finances", it said.

In his first interviews as president-elect, Bolsonaro said he hoped to start passing "at least part" of his proposed pension reform this year.

But Bolsonaro and Trump face fundamentally different backdrops, with the Brazilian leader elected in the wake of economic crisis.

This story has not been edited by Firstpost staff and is generated by auto-feed.

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