Index Investing News
Sunday, May 17, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Brazil’s Bolsonaro supporters invade congress in echo of Jan. 6

by Index Investing News
January 9, 2023
in Financial
Reading Time: 3 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter

Thousands of supporters of former Brazilian President Jair Bolsonaro stormed the country’s top government institutions on Sunday in an insurrection that tests the leadership of President Luiz Inacio Lula da Silva just a week after he took office.

Pro-Bolsonaro protesters ransacked congress and stormed other government offices before security forces were able to regain control of the capital. As of late Sunday authorities had cleared them from government buildings and regained control of the main square in Brasilia. About 170 people have been detained so far. 

Protesters were draped in Brazilian flags and wearing the yellow national jersey associated with conservative politics when they flooded into congress, the presidential palace and the supreme court in an event similar to the Jan. 6, 2021 invasion of the US Capitol. 

“There’s no precedent for this in the history of our country,” Lula said in televised comments. “We’re going to find out who the financial backers are.” 

Some rioters broke windows, furniture and carried out other acts of vandalism at government headquarters, while others took videos and selfies. Communications Minister Paulo Pimenta said several works of art were damaged.

Lula, who wasn’t in the palace, called the protesters “true vandals” and announced a federal intervention to bring security under control. He vowed to prosecute the rioters and investigate the financial backers of the protests. 

“I vehemently repudiate these anti-democratic acts, which must urgently undergo the rigor of the law,” Senate President Rodrigo Pacheco said on Twitter.

President Joe Biden called the storming “outrageous,” while leaders across Latin America were quick to pledge solidarity with Lula. On Twitter, Chile’s President Gabriel Boric characterized the attacks as “unprecedented,” while Colombia’s Gustavo Petro called on members of the Organization of American States to convene and apply the democratic charter.

“Democracy is the only political system that guarantees freedoms and obliges us to respect the popular verdict,” Argentina President Alberto Fernandez wrote on Twitter.

The unrest on Sunday follows months of protests in front of military installations by Bolsonaro supporters who were demanding an intervention to prevent Lula from returning to power. In late December there was a bomb scare near Brasilia’s airport. More than a hundred buses of Bolsonaro supporters arrived in Brasilia ahead of the Sunday protests. 

State-controlled oil giant Petroleo Brasileiro SA is monitoring security at its refineries to make sure it isn’t exposed to protests, Jean Paul Prates, the incoming chief executive officer, said on Sunday. 

Gleisi Hoffmann, the president of the ruling Workers’ Party, criticized the authorities in the capital for failing to prevent the civil unrest. Lula said police who failed to confront protesters would be prosecuted.

Robert Muggah, co-founder of the Igarape Institute, a think tank in Rio de Janeiro, called the riots the most significant threat to Brazilian democracy since the 1964 coup, and that it will be celebrated by many members of Brazil’s far right.

“They will treat this as a rallying call for future disruptions,” Muggah said. “Today’s violent insurrection is a reminder that democracy can never be taken for granted.”

Bolsonaro himself never fully accepted his defeat in October elections and went on vacation in Orlando, Florida, instead of attending Lula’s inauguration. 

Christian Lynch, a political scientist at the State University of Rio de Janeiro, said Sunday’s events will do irreversible damage to Bolsonaro’s movement, and that the response from all branches of government will be swift and unforgiving.

“It will crush the legitimacy of the far right,” he said. “The system will bring an end to any tolerance for these people.”

Our new weekly Impact Report newsletter examines how ESG news and trends are shaping the roles and responsibilities of today’s executives. Subscribe here.



Source link

Tags: BolsonaroBrazilsCongressechoinvadeJanSupporters
ShareTweetShareShare
Previous Post

hedge funds and C-suites weekly By Investing.com

Next Post

Joe Mixon coin toss TD celebration: Bengals RB mocks NFL

Related Posts

TDV: Technology Dashboard For May (BATS:TDV)

TDV: Technology Dashboard For May (BATS:TDV)

by Index Investing News
May 15, 2026
0

This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...

Microsoft Israel chief leaves amid ethical controversy

Microsoft Israel chief leaves amid ethical controversy

by Index Investing News
May 11, 2026
0

Last week Microsoft Israel, the local marketing and sales office of the US software giant, announced the departure of...

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

by Index Investing News
May 7, 2026
0

Mohit Malhotra, Global CEO, Dabur India Dabur India posted a consolidated net profit of ₹362 crore in the March quarter,...

A .5 Billion Contract Isn’t Enough Without Profits

A $7.5 Billion Contract Isn’t Enough Without Profits

by Index Investing News
May 3, 2026
0

Quick Read Jim Cramer said no to Applied Digital (APLD) despite its $7.5 billion CoreWeave contract, arguing the company is...

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

by Index Investing News
April 29, 2026
0

Kevin Warsh, U.S. President Donald Trump's pick to lead the Federal Reserve, cleared a key procedural hurdle on Wednesday, opening...

Next Post
Joe Mixon coin toss TD celebration: Bengals RB mocks NFL

Joe Mixon coin toss TD celebration: Bengals RB mocks NFL

Mystery as body of decapitated woman with hands chopped off found floating in the sea off Marbella beach

Mystery as body of decapitated woman with hands chopped off found floating in the sea off Marbella beach

RECOMMENDED

Bryan Caplan Understates Case for Immigration

Bryan Caplan Understates Case for Immigration

August 22, 2024
Zendaya Sizzles In Bikini Top & Plunging Dress At NAACP Awards: Photos – Hollywood Life

Zendaya Sizzles In Bikini Top & Plunging Dress At NAACP Awards: Photos – Hollywood Life

February 26, 2023
Interview – Aseema Sinha

Interview – Aseema Sinha

May 26, 2022
Open-source advocates launch OP Stack testnet to fund public goods

Open-source advocates launch OP Stack testnet to fund public goods

July 8, 2023
Dividend Aristocrats In Focus: W.W. Grainger

Dividend Aristocrats In Focus: W.W. Grainger

February 28, 2024
‘Smile 2’ | Anatomy of a Scene

‘Smile 2’ | Anatomy of a Scene

October 22, 2024
Do bans work? | Mint

Do bans work? | Mint

January 22, 2023
Video of the Week: Chad Dorsey Designed House in Dallas, Texas – Sotheby´s Worldwide Realty

Video of the Week: Chad Dorsey Designed House in Dallas, Texas – Sotheby´s Worldwide Realty

March 24, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In