Jair Bolsonaro

The market is yet to turn the corner, with one risk after another stifling a potential recovery from its protracted weakness. Tesla Inc. (NASDAQ: TSLA) was in the spotlight over the weekend as stakeholders digested the electric vehicle maker’s quarterly deliveries and its AI Day presentations....

Jair Bolsonaro, Brazil’s leader endorsed by former U.S. President Donald Trump, is trailing his left-wing rival Luiz Inácio Lula da Silva in the South American country’s presidential elections. What Happened: Da Silva, popularly known as Lula, failed to secure enough votes for a...

Tesla Inc (NASDAQ: TSLA) and SpaceX CEO Elon Musk said Thursday that his space company’s Starlink service is connecting schools in the Amazon region. What Happened: Musk’s comments were made on Twitter in response to a tweet from Fábio Faria, Brazil’s Minister of...

Brazil’s police say President Jair Bolsonaro’s discouragement of pandemic-related health measures amounted to a crime. What Happened: The police said the president discouraged face mask use during the COVID-19 pandemic and falsely suggested that people who were vaccinated against the...

Shares of Brazilian oil giant Petroleo Brasileiro ADR (NYSE: PBR) traded higher by 5% on Friday after the company announced it is selling its potassium mining rights in the Amazon Basin. What Happened? Petrobas said Thursday that it is seeking bidders for its potassium mining assets, including...

A supporter of Brazil’s President Jair Bolsonaro has allegedly killed an official of the leftist party belonging to the former President Luiz Inácio Lula da Silva, popularly known as Lula. What Happened: The Bolsonaro supporter and federal prison guard, Jorge José da Rocha,...

Amid all the controversies of the week, Tesla, Inc. (NASDAQ: TSLA) chief executive officer Elon Musk showed he means business by a making a surprise trip down south to Brazil. What Happened: Musk was in Brazil in connection with giving Starlink internet connectivity to 19,000 rural schools in the...

United States President Donald Trump and First Lady Melania Trump confirmed they have tested positive for the coronavirus early Friday morning.  Trump is one of several world leaders who has downplayed the virus. Trump has been vocal against wearing masks, even criticizing former Vice...

The iShares MSCI Brazil Index (NYSE: EWZ) is up 2% in the past week as far-right President Jair Bolsonaro announced he would be leaving his right-wing Social Liberal Party (PSL) and launching his own Alliance for Brazil (APB) party. Bolsonaro said he left the PSL due to a dispute with the party...

Brazil, Latin America's largest economy, is lowering interest rates and the Senate there recently passed much-needed pension reform. With those factors, among others, in mind, perhaps it's not surprising some professional investors are again warming to Brazilian equities. What Happened The...

Brazilian stocks are among the more volatile emerging markets fare. The iShares MSCI Brazil ETF (NYSE: EWZ), the largest Brazil exchange traded fund trading in the U.S., has a three-year standard deviation of 31.57 percent compared to just 13 percent on the MSCI Emerging Markets Index. What...

Brazilian stocks soared Monday following presidential elections in the country. What Happened Far right candidate Jair Bolsonaro scored a decisive victory in the run-off Brazilian presidential election, landing 55.2 percent of the vote. His competitor Fernando Haddad drew 44.8 percent of the vote....

Brazilian stocks soared on Monday following the first round of presidential elections in the country. What Happened Far right candidate Jair Bolsonaro scored a decisive victory in the first round of the Brazilian presidential elections, landing 46.7 percent of the vote. His nearest competitor drew...