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Lula da Silva

Trump Threatens To Punish De-Dollarization

Countries across the planet are seeking alternatives to the US-dominated financial system. However, former President Donald Trump has pledged that, if he returns to the White House, he will punish nations that de-dollarize. “We will keep the US dollar as the world’s reserve currency”, Trump promised at a campaign rally in Mosinee, Wisconsin on September 7, 2024. “It is currently under major siege. Many countries are leaving the dollar”, the Republican presidential candidate lamented. “They’re not going to leave the dollar with me”, Trump insisted. “I’ll say, ‘You leave the dollar, you’re not doing business with the United States, because we’re going to put 100% tariff on your goods'”.

Most Important Stories Of 2023: Gaza, Ukraine, China, BRICS, Dedollarization, Bank Crises, Inflation

These were the most important geopolitical and economic issues of 2023, including the wars in Gaza and Ukraine, US-China tensions, BRICS expansion, growing de-dollarization, inflation crisis, crypto fraud, bank crashes, European de-industrialization, and more.

95% Of Trade Between China And Russia No Longer Done In US Currency

On a recent visit to China, Russian First Deputy Prime Minister Andrei Belousov stated that this year the use of the Russian ruble and Chinese yuan in trade between the two countries has already reached 95%. At the same time, from January to October, 68% of all Russian trade was carried out in the two countries’ currencies, according to Russian Minister of Economic Development Maksim Reshetnikov. The yuan has also been used by Russia in commercial transactions with Mongolia, the Philippines, Malaysia, the United Arab Emirates, Thailand, Japan, Tajikistan, and Singapore.

G20’s New Delhi Declaration Is A Successful Balancing Act

The 18th Summit of G20 (Group of 20) concluded in New Delhi with the adoption of a joint declaration on Sunday, September 10. The declaration reiterated the G20’s commitment to UN Sustainable Development Goals and raised the need to reform global decision-making with the inclusion of more voices from the Global South. The two day meeting of world’s top economies concluded with Indian Prime Ninister Narendra Modi handing over the presidency to Brazil which will host the summit next year. The New Delhi summit with the theme “Vasudhaiva Kutumbakam” or “One Earth, One Family, One Future” invited the African Union (AU) as its 21st member with its chairperson Azali Assoumani joining the proceedings.

Lula Launches New Plan To Lift Country Out Of Food Insecurity

On Thursday Brazilian President Luiz Inácio Lula da Silva presented an ambitious plan to take the South American country off of the world hunger map. “The problem is not a lack of food, it is not a lack of crops, the problem is that the people do not have enough to buy food,” Lula said in a public event in the city of Teresina. In his speech he reminded that his program to fight poverty has as a connecting axis to address the structural causes of hunger that it is not limited to just economic aid but also must have an articulated policy. For this reason, he stressed that the Bolsa Familia program is not enough and does not represent a definitive solution, but a necessary step to ensure that the wealth produced in the country is distributed more equitably.

The Not-So-Discreet US Campaign To Pressure Brazil’s Foreign Policy

The London newspaper Financial Times ran with the following headline last week: “The discreet U.S. campaign to defend Brazil’s election.” The report, written by Michael Stott, Michael Pooler and Bryan Harris, deals with a “pressure campaign” carried out by US officials throughout 2022, in order to prevent the thesis of fraud in the 2022 Brazilian elections from unfolding into a coup d’état. Translated and published in Brazil by the Folha de S. Paulo newspaper under the title “U.S. campaigned to defend Brazil from a possible coup by Bolsonaro,” the article in the Financial Times quotes a series of sources in the US government that agreed to talk about the movements carried out.

Lula Faces Powerful Opposition As He Seeks To Protect The Amazon

Surrounded by thousands of supporters, Luiz Inacio Lula da Silva (known simply as “Lula”) was sworn into office on Jan. 1, 2023, at a colorful inauguration ceremony held at the Planalto Palace in Brasilia, the capital of Brazil. It was not Lula’s first time assuming the highest office of Latin America’s largest country. He was first sworn in two decades ago and served two terms as Brazil’s president from 2003 to 2010. The 67-year-old is a true veteran of Brazilian politics: He was the presidential candidate of the leftist Workers’ Party in 1989, 1994 and 1998, losing each time. In the October 2022 elections, he narrowly defeated the right-wing populist incumbent Jair Bolsonaro, with 50.9% of the vote.

Lula To Launch Social Programs; Part Of Stopping Amazon Deforestation

The government of leftist Luiz Inácio Lula da Silva will launch a social program with economic aid to vulnerable families working in the conservation of the Amazon rainforest that is a similar program that was repealed by the previous president, the far-right Jair Bolsonaro (2019-2022). The program, called ‘Bolsa Verde’, an environmental version of the popular ‘Bolsa Familia’, will be implemented in 30,000 families in the Brazilian Amazon, but the government’s intention is to expand it to other biomes, such as the Cerrado (the Brazilian savannah) or the Atlantic Forest, all threatened by deforestation and other environmental crimes.

Isolationism Ends: Maduro Visits Brazil

Venezuelan President Nicolás Maduro traveled to Brazil as part of an official visit to meet with his counterpart Luiz Inácio “Lula” da Silva where the pair discussed regional and international cooperation, including the potential entry of Venezuela into the BRICS bloc. The high-level meeting comes as part of joint efforts to strengthen their bilateral ties following the restoration of diplomatic and economic relations after years of tension under Lula’s predecessor Jair Bolsonaro, who embraced Washington regime change plots against Maduro, backing the so-called “interim” government of opposition figure Juan Guaidó.

Lula Recognizes Six New Brazilian Indigenous Reserves

The Amazon rainforest plays a critical role in the mitigation of climate change, but in recent years it has been the target of a steep increase in deforestation. A demarcation decree by President Luiz Inácio Lula da Silva of Brazil has established six new Indigenous reserves in the South American country where no mining will be permitted and restrictions will be placed on logging and commercial agriculture. The lands include an extensive area of about 1.5 million acres of Amazon rainforest. The decree was signed on the last day of the 19th Terra Livre gathering, attended by thousands of Indigenous peoples in the country’s capital city of Brasília.

Russia’s Foreign Minister Sergey Lavrov Visits Brazil

Russia’s minister of foreign affairs, Sergei Lavrov, arrived in Brasília on Monday for talks with his Brazilian counterpart, Mauro Vieira, in the latest of a series of bilateral encounters likely to ruffle the US. Lavrov arrived just as Brazil’s president, Luiz Inácio Lula da Silva, returned from a state visit to China, and both missions are part of a diplomatic reset Lula has pursued since returning to power this year, as he strives to recover Brazil’s international reputation after his predecessor, Jair Bolsonaro, dismantled Brazil’s established tradition of cooperation.  For Brazil, that means rebuilding and maintaining ties with all partners, regardless of geopolitical tensions elsewhere.

Brics Bank De-Dollarizing, New Chief Dilma Rousseff Says

The new president of the BRICS Bank has revealed that the Global South-led bloc is advancing toward de-dollarization, gradually moving away from use of the US dollar. The New Development Bank plans to give nearly one-third (30%) of its loans in the local currencies of the financial institution’s members. Dilma Rousseff, the left-wing former president of Brazil, took over the leadership of the Shanghai, China-based New Development Bank (NDB) this March. The NDB was created in 2014, by the BRICS bloc of Brazil, Russia, India, China, and South Africa, as a Global South-oriented alternative to the US-dominated World Bank, which is infamous for imposing neoliberal economic reforms on impoverished countries, which hinder their development.

Lula And Xi Jinping Sign 15 Partnership Agreements In Beijiing

President Luiz Inácio Lula da Silva and Chinese President Xi Jinping signed, this Friday (14th), in Beijing, 15 trade and partnership agreements. Lula was received at the Great Hall of the People, seat of the Chinese government. The leaders participated in an expanded meeting with ministers and advisors from both countries and had a private meeting. In this conversation, in addition to bilateral issues, they discussed dialogue and negotiation to end Russia’s invasion of Ukraine. A dinner in honor of Lula was also hosted by Xi Jinping. The terms signed between the two countries include space cooperation agreements, research and innovation, digital economy and fight against hunger, exchange of communication content between the two countries and trade facilitation.

Lula Launches Raids Against Illegal Miners In Amazon

With Brazilian President Luiz Inácio Lula da Silva warning his administration "will not allow illegal mining on Indigenous lands," the government announced Wednesday that environmental special forces destroyed at least one helicopter, an airplane, and a bulldozer used by "mining mafias" in the territory of the Yanomami people in the Amazon rainforest this week. The raids aimed at removing illegal mining operations involving tens of thousands of ore and gold miners from the region began on Monday, just over a month after the leftist president, known as Lula, took office. The Guardian reported that the special forces set up a base near the Uraricoera River, which illegal miners used during right-wing former President Jair Bolsonaro's administration. "The Yanomami want peace—that is all they want. And this is what we are going to give them."

Buenos Aires Hosts Historic Meeting Of Latin American And Caribbean Leaders

The 7th Summit of Heads of State and Government of the Community of Latin American and Caribbean States (CELAC) will be held on Tuesday, January 24, in Buenos Aires, Argentina, which currently holds the pro tempore presidency of the bloc. The upcoming summit is considered historic especially since it marks the return of Brazil to the regional integration mechanism after three years, and will see the participation of Brazilian President Luiz Inacio Lula da Silva, who played an important role in the creation of the body. In December 2008, Brazil hosted the first summit of Latin American and Caribbean Countries (CALC) in Costa do Sauípe, Bahia, an event which helped establish CELAC three years later. The Buenos Aires Summit will also have participation of the majority of the newly-elected progressive leaders leaders of the region. In addition to Argentine President Alberto Fernández and Brazilian President Lula da Silva, Bolivian President Luis Arce, Chilean President Gabriel Boric, Colombian President Gustavo Petro, Cuban President Miguel Díaz-Canel, Honduran President Xiomara Castro, Barbados’ Prime Minister Mia Mottley, Saint Vincent and the Grenadines’ Prime Minister Ralph Gonsalves, among others, have confirmed their participation.

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Online donations are back! 

Keep independent media alive. 

Due to the attacks on our fiscal sponsor, we were unable to raise funds online for nearly two years.  As the bills pile up, your help is needed now to cover the monthly costs of operating Popular Resistance.

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