• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Bolsonaro steps back from Supreme Court battle, boosting Brazil markets

September 9, 2021 by David Barret Leave a Comment

September 9, 2021

By Ricardo Brito

BRASILIA (Reuters) – Brazilian President Jair Bolsonaro on Thursday said he never intended to attack any branch of the government, comments that boosted markets as he sought to defuse a dispute with the Supreme Court.

On Tuesday, as pro-Bolsonaro marches took place across Brazil, the president called on Supreme Court Justice Alexandre de Moraes to step down and said he would no longer comply with his rulings, deepening a rift with the judiciary.

The tensions with Brazil’s top court have created one more crisis for the embattled far-right leader.

The president’s poll numbers are already slipping as he has overseen the world’s second deadliest coronavirus outbreak, nearly double-digit inflation and stubborn unemployment levels ahead of next year’s presidential election.

On Thursday, pro-Bolsonaro truckers, seeking to support the president in his battle with the Supreme Court, blocked highways across Brazil, threatening key export routes.

As fallout mounted, Bolsonaro put out an official statement on Thursday afternoon seeking to smooth over his tussle with the Supreme Court, whose justices he has accused of preventing him from governing.

Brazil’s currency strengthened dramatically after the presidency released its statement, closing 1.8% stronger against the dollar. After losing 4% on Wednesday in the wake of the controversial comments, Brazil’s Bovespa stock index rebounded 1.7% on Thursday following his sudden moderation in tone.

In his statement, the former army captain said his occasional strong language came from “the heat of the moment” and any problems with the justices should be resolved in court.

(Reporting by Ricardo Brito; Additional reporting by Carolina Mandl in Sao Paulo; Writing by Gabriel Stargardter; Editing by Brad Haynes and Aurora Ellis)

Source Link Bolsonaro steps back from Supreme Court battle, boosting Brazil markets

David Barret
David Barret

Related posts:

  1. Tennis-Zverev eases past Harris into U.S. Open semi-finals
  2. Pressure grows on Polish govt over media reform bill as senate votes
  3. Solar-powered aircraft developer Skydweller Aero adds $8M to Series A, partners with Palantir
  4. U.S. airlines flag hit to bookings from surge in Delta variant

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • If Birds Are Dinosaurs, Why Are None As Big As T. Rexes?
  • Psychologists Demonstrate Illusion That Could Be Screwing Up Our Perception Of Time
  • Why Are So Many Enormous Roman Shoes Being Discovered At Hadrian’s Wall?
  • Scientists Think They’ve Pinpointed Structural Differences In Psychopaths’ Brains
  • We’ve Found Our Third-Ever Interstellar Visitor, Orcas Filmed Kissing (With Tongues) In The Wild, And Much More This Week
  • The “Eyes Of Clavius” Will Be Visible On The Moon Today, Thanks To Clair-Obscur Effect
  • Shockingly High Microplastic Levels Found On Remote Mediterranean Coral Reef Island
  • Interstellar Object, Cheesy Nightmares, And Smooching Orcas
  • World’s Largest Martian Meteorite Up For Auction Could Reach Whopping $2-4 Million
  • Kimalu The Beluga Whale Undergoes Pioneering Surgery And Becomes First Beluga To Survive General Aesthetic
  • The 1986 Soviet Space Mission That’s Never Been Repeated: Mir To Salyut And Back Again
  • Grisly Incident In Yellowstone National Park Shows Just How Dangerous This Vibrant Wilderness Can Be
  • Out Of All Greenhouse Gas Emitters On Earth, One US Organization Takes The Biscuit
  • Overly Ambitious Adder Attempts To Eat Hare 10 Times Its Mass In Gnarly Video
  • How Fast Does A Spacecraft Need To Go To Escape The Solar System?
  • President Trump’s Cuts To USAID Could Result In A “Staggering” 14 Million Avoidable Deaths By 2030
  • Dzo: Hybrids Beasts That Are Perfectly Crafted For Life On Earth’s Highest Mountains
  • “Rarest Event Ever” Had A Half-Life 1 Trillion Times Longer Than The Age Of The Universe – How Did We See It?
  • Meet The Bille, A Self-Righting Tetrahedron That Nobody Was Sure Could Exist
  • Neurogenesis Confirmed: Adult Brains Really Do Make New Hippocampal Neurons
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version