Saturday, March 21, 2026

Latest

Pro-Bolsonaro Protests Lose Steam; ‘Transition Has Begun’

In Brazil, protests that have brought out tens of thousands of supporters of outgoing far-right President Jair Bolsonaro have started to lose steam as the teams of Bolsonaro and president-elect Luiz Inacio Lula da Silva begin the transition process.

Earlier, roughly 40,000 protesters gathered outside army bases in São Paulo, Rio de Janeiro, and Brasilia to call on the military to stage a coup and prevent Lula from taking office. The army base protests follow after truckers, a key support group of the outgoing president, placed blockades in major thoroughfares around the country in an attempt to “paralyze” the nation.

It can be recalled that during the campaign period, Bolsonaro instructed his followers to “go to war” if Lula were to “steal” the election. But the outgoing president has been uncharacteristically silent following his defeat. He spoke for the first time since the election Tuesday evening but stopped short of conceding defeat or even mentioning Lula’s name.

But protests have begun to fizzle out. The country’s Federal Highway Police reported that as of Thursday evening, all federal roads have been cleared of blockades, with remaining protesters still partially blocking highways in 24 locations, down from 126 at its peak and 76 on Thursday morning.

On Wednesday evening, Bolsonaro took to social media to urge his supporters to clear the blockades, saying the demonstrations were legitimate but “our methods cannot be those of the left, like property invasion, destruction of goods and restrictions on the right to come and go.”

“Everyone is suffering from the closed roads. I ask you to clear the roads and protest elsewhere,” Bolsonaro said.

Bolsonaro on Tuesday authorized his chief of staff, Ciro Nogueira, to lead his transition team while Lula has tapped Vice President-elect Geraldo Alckmin to lead their side. The two camps met on Thursday afternoon in the capital, Brasilia. 

“The conversation was very fruitful, very objective,” Alckmin told reporters. “The transition has begun … As Lula said in his victory speech, our task is to unite Brazil. So here we go.”

Lula will officially begin his duties on January 1, 2023.


Information for this briefing was found via Reuters, Al Jazeera, The Independent, and the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

  1. Brazilians do not accept a convict as president. We want to audit the electronic voting machines. In some places Lula had 100% of the votes and in these places many people declared their vote for Bolsonaro. we just want the truth

Video Articles

The $30,000 Gold Case Just Got Stronger | Simon Marcotte

Why Silver’s Move Is ‘Scary’ to Some Miners | Frank Basa

Are Commodities Entering a Generational Cycle? | Terry Lynch

Recommended

CBS News Cuts Staff and Shuts Radio Network in Early Bari Weiss Era

Steadright Closes Out Financing, Raising $1.6 Million For Moroccan Strategy

Related News

Amazon To Launch New Credit Card Venture with Banco Bradesco in Brazil

Amazon (Nasdaq: AMZN) is set to introduce a new credit card venture in Brazil, aligning...

Wednesday, August 9, 2023, 06:15:00 AM

Jair Bolsonaro Hangs Out in Florida as His Riot Minions Try to Overthrow Brazilian Government

It appears the pro-Bolsonaro momentum hasn’t faded. Despite losing the October 30 runoff election to...

Sunday, January 8, 2023, 08:44:32 PM

Canada, Brazil Launch AI Nickel Exploration Partnership At PDAC 2026

Canada and Brazil have launched a joint, AI-enabled exploration research effort designed to identify areas...

Thursday, March 5, 2026, 12:08:00 PM

The Great Orange Juice Squeeze: Prices Surge to All-Time High As Florida Citrus Production Plunges

You might need to soon kiss your morning OJ goodbye. Orange juice prices have seen...

Tuesday, September 19, 2023, 02:59:00 PM

Brazil Secures $23 Billion Settlement with Vale and BHP Over Dam Disaster

Brazil’s federal government has announced a historic $23 billion settlement with mining companies Vale (NYSE:...

Monday, October 28, 2024, 10:04:00 AM