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

Is Gold’s Bull Market About to Hit Junior Stocks? | Ken Armstrong – Westhaven Gold

Surge Battery Metals: The Nevada North Lithium PEA

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

South American Common Currency Poses Another Threat To US Dollar… Or Does It?

Brazil and Argentina will announce this week that they will begin preliminary work on a...

Monday, January 23, 2023, 10:23:26 AM

Does Brazil’s High Rate Environment Serve As A Sign Of What’s To Come For The US?

A soap opera regarding a central bank which holds short-term interest rates at high levels...

Sunday, May 28, 2023, 07:14:00 AM

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

Brazil’s New President Doesn’t Want An Independent Central Bank

Brazil’s new left-leaning president Luiz Inácio Lula da Silva (Lula) doesn’t appear to be phased by...

Saturday, January 28, 2023, 09:00:00 AM

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