Stocks fell in Brazil after protests by supporters of former President Jair Bolsonaro against current President Luiz Inacio Lula da Silva.
As reported by CNBC, damaged furniture was seen stacked in front of the Palacio do Planalto after a protest by supporters of former Brazilian President Jair Bolsonaro against President Luiz Inácio Lula da Silva.
The new president was forced to declare emergency powers and lock down the center of the capital for 24 hours until order was restored.
Similarly, Lula da Silva reported that the government was persecuting financiers of riots in the neighboring country and accused “security forces of ‘incompetence, bad faith or malice’ by allowing protesters, some of whom called for military intervention to oust Lula or restore Bolsonaro to power, into buildings.” government.”
Similarly, according to CNBC, the Brazilian president has accused former President Bolsonaro of encouraging “fascist fanatics,” which he has denied.
For his part, former President Jair Bolsonaro said that “peaceful demonstrations in accordance with the law are part of democracy. However, looting and invasions of public buildings such as those that took place today, as well as those carried out by the left in 2013 and 2017, evade the rule.”
The aforementioned outlet said the events have been compared to the January 6, 2021 attack on the United States Capitol by supporters of defeated former President Donald Trump.
For its part, Latin Trade reported that Petroleo Brasileiro SA (Petrobras) has stepped up security measures at its refineries due to protests as a precautionary measure after threats against assets, including Brazil’s largest fuel plant.
The threats were reportedly detected by the company’s intelligence unit that monitors social media communications from supporters of former far-right President Jair Bolsonaro.
According to Reuters, “The state-owned company said on Sunday evening that all its assets and refineries are operating normally.”
In addition, according to Reuters, US President Joe Biden condemned what he called an “assault on democracy and the peaceful transfer of power in Brazil” in a tweet on Sunday.
For his part, Kremlin spokesman Dmitry Peskov said that Russia condemns the provocateurs in the strongest terms.
In addition, according to the agency, “the Prime Minister of the United Kingdom, Rishi Sunak, also condemned” any attempt to undermine the peaceful transfer of power and the democratic will of the people of Brazil.
He added that “Lula’s government enjoys the full support of the United Kingdom and that he hopes to build relations between the two countries in the coming years.”
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