Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Araghchi: Iran is committed to diplomacy and expects the lifting of unjust and unilateral sanctions that directly target its people
Araghchi: We want a fair and balanced agreement reached within the framework of the Nuclear Non-Proliferation Treaty with full respect for Iran's nuclear rights
Araghchi: Iran has always sought to alleviate legitimate international concerns about its nuclear program through transparency
Araghchi: Iran is committed to the principle of not producing or deploying weapons of mass destruction
Araghchi: Iran is committed to the Nuclear Non-Proliferation Treaty and has never sought to possess nuclear weapons based on its principles
Araghchi: Iran has always emphasized that it does not seek nuclear weapons, and we call for a fair and just agreement that guarantees our national interests and lifts sanctions
Araghchi: We call for a referendum in Palestine so that the Palestinians can decide their fate
Araghchi: The Zionist entity is a threat to the countries of the region, and a real solution must be reached
Araghchi: Iran wishes nothing but good, progress, and development for its neighboring countries, and we must expand economic and structural projects with them
Araghchi: We must undertake a more effective path, and today, President Pezeshkian highlighted the need to respect emerging countries and mutual respect among countries

Conservatism grows in Brazil despite leftist Lula's win: WSJ

  • By Al Mayadeen English
  • Source: The Wall Street Journal
  • 24 Nov 2022 23:59
  • 1 Shares
3 Min Read

The Wall Street Journal publishes an article in which it highlights the growing conservatism, owing it to the country's prosperous farming belt, in which work supporters of Bolsonaro.

  • x
  • Brazil's former President Luiz Inacio Lula da Silva, who is running for office again, left, faces Jair Bolsonaro in a presidential debate at Bandeirantes Television in Sao Paulo, Brazil, Sunday, Oct. 16, 2022 (AP)
    Brazil's former President Luiz Inacio Lula da Silva, left, faces Jair Bolsonaro in a presidential debate at Bandeirantes Television in Sao Paulo, Brazil, Sunday, Oct. 16, 2022 (AP)

The Wall Street Journal published an article in which it explained that the growth of conservatism in Brazil "is largely owing to Brazil’s evermore powerful and prosperous farming belt, where Chinese demand for commodities in recent years has enriched towns in Brazil’s central savannah and fortified conservative states economically and politically."

To explain further, the newspaper said that agriculture is prosperous and is the reason why the economy was advancing in Brazil, and workers in this field are supporters of Bolsonaro, and they are currently protesting leftist politician Luiz Inácio Lula da Silva‘s election win.

"While Mr. Bolsonaro ultimately failed to defeat Mr. da Silva, who is widely popular among poor families, the ex-army captain still notched 58.2 million votes in Brazil’s closest presidential race in history—almost half a million more than in the 2018 elections that won him the presidency," the WSJ added.

Read next: Bolsonaro's retreat from presidential duties raises speculations

"Dozens of Mr. Bolsonaro’s conservative allies also won legislative elections in October. Come Jan. 1, about 65% of senators who will take office will either be allied to Mr. Bolsonaro or not in opposition to him," the newspaper wrote, adding that in the lower house of Congress, "36% of federal deputies who will take office have expressed support for Mr. Bolsonaro, while only 24% have backed Mr. da Silva."

Related News

Argentina orders arrest of 61 Brazilians linked to 2023 Brasilia riots

Brazil ex-commanders: Bolsonaro had coup d’état plan

"The lower house has a strengthened rightwing…and a weakening of Brazil’s most traditional political parties," Congress in Focus said in the analysis.

The newspaper noted that "among the top 50 financiers of Mr. Bolsonaro’s election campaign last month, about two-thirds made their money in agribusiness," giving the example of Hugo Ribeiro, a billionaire whose family-owned Amaggi soybean exporter is one of the biggest in the country. Ribeiro donated over a quarter-million dollars to Bolsonaro and his allies.

Following the presidential victory of Luiz Inacio Lula da Silva over his opponent Jair Bolsonaro, the Sao Paulo stock exchange (B3) witnessed a volatile yet overall increasing session. However, the signs that the economy was already bettering with Lula's win were not enough to curb the right wing.

Read next: Brazil truckers block roads in 18 states in support of Bolsonaro

The Bovespa Index, a benchmark index of around 92 stocks traded on the B3, recovered from an opening retreat to gain around 2% before settling to 0.3% during early afternoon trade, while the Brazilian real soared against the dollar, marking a 2.2% gain.

The former leftist President, whose term lasted from 2003-2010, urged "peace and unity" after defeating far-right Bolsonaro, concluding a historic political comeback.

The victory represented a stunning turnaround for the leftist icon, who returned for an unprecedented third term at 77 after leaving office in 2010 as the most popular President in Brazilian history.

  • Brazil elections
  • Bolsonaro
  • Lula da Silva
  • Brazil
  • Agriculture

Most Read

Two F-35 jets arrive at it's new operational base Wednesday, Sept. 2, 2015, at Hill Air Force Base, in northern Utah. (AP)

F-35 near-misses over Yemen signal new risks for 'Israel': Forbes

  • Politics
  • 14 May 2025
Palestinians pray over bodies of people killed in the Israeli bombardment who were brought from the Shifa hospital before burying them in a mass grave in the town of Khan Younis, southern Gaza Strip, Wednesday, Nov. 22, 2023. (AP )

Gaza casualty figures mask a much bigger horror, new study shows

  • Politics
  • 11 May 2025
Abu Obaida

Abu Obeida posts shortly after Israeli reports about his assassination

  • Palestine
  • 15 May 2025
Gaza and the logic of necropolitics: Sovereignty measured by killing

Gaza and the logic of necropolitics: Sovereignty measured by killing

  • Politics
  • 15 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
A Microsoft sign and logo are pictured at the company's headquarters, Friday, April 4, 2025, in Redmond, Wash. (AP)
Technology

Microsoft admits supplying AI to 'Israel' amid Gaza carnage

Israeli occupation’s tanks parked in a staging area near the border with Gaza, Friday, May 16, 2025. (AP)
Politics

'Israel' launches multi-axis assault in Gaza under 'Gideon’s Chariots'

People stand at the train ticket counter of NJ Transit at Penn Station, amid a strike by New Jersey Transit train engineers, in New York, Friday, May 16, 2025. (AP)
Economy

Commuters stranded amid first New Jersey railway strike in 40 years

Trump's tax bill stalls as Republican opposition demands deeper cuts
US & Canada

Trump's tax bill stalls as Republican opposition demands deeper cuts

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS