Economic news

Brazil’s Lula wants to discuss changes to UN Security Council with Biden

2023.08.29 10:40


© Reuters. President of Brazil Luiz Inacio Lula da Silva and President Joe Biden walk along the West Colonnade to the Oval Office at the White House in Washington, U.S. February 10, 2023. Sarah Silbiger/Pool via REUTERS/File photo

SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Tuesday he wants to discuss the possibility of making changes to the United Nations Security Council with his U.S. counterpart Joe Biden.

Lula, who has long campaigned for Brazil and other countries to be permanently included in the council, is expected to meet Biden on the sidelines of the U.N. General Assembly next month in New York.

Last week, during a summit of the BRICS group of emerging nations in South Africa, the leftist leader called on fellow BRICS members China and Russia to support more countries entering the council as permanent members.

Lula says the council must reflect current global geopolitical conditions instead of those of the 1940s, suggesting that countries such as Brazil, India, Germany, Japan and South Africa should be made permanent members.

The Brazilian leader added in a live broadcast on social media that BRICS members have agreed to discuss until next year’s summit the possibility of establishing a common currency for trade between them.

He also said he hopes the Brazilian Congress will help his administration “protect the poorest, not the richest” in the country, after he signed an executive order to tax closed-end and offshore funds.

The measures, now pending congressional approval, are seen as essential for the government to boost public revenue and reach its commitment to zero primary deficit by next year, as they offset a revenue loss from expanded income tax exemptions for individuals.

Lula is widely expected to announce a cabinet reshuffle soon in order to secure more support for his administration in Congress, naming some members from centrist and center-right parties as ministers.

Creating a new ministry has been floated as a way to diversify his team without making major changes to the current cabinet, and Lula said on Tuesday he is now considering establishing a ministry of small- and medium-sized businesses.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 63,512.02 0.09%
ethereum
Ethereum (ETH) $ 2,640.25 0.23%
tether
Tether (USDT) $ 1.00 0.03%
bnb
BNB (BNB) $ 604.09 1.99%
solana
Solana (SOL) $ 146.47 2.01%
usd-coin
USDC (USDC) $ 1.00 0.04%
xrp
XRP (XRP) $ 0.588588 0.40%
staked-ether
Lido Staked Ether (STETH) $ 2,639.82 0.24%
dogecoin
Dogecoin (DOGE) $ 0.109251 2.37%
the-open-network
Toncoin (TON) $ 5.59 0.32%
cardano
Cardano (ADA) $ 0.369576 4.46%
tron
TRON (TRX) $ 0.152305 0.28%
avalanche-2
Avalanche (AVAX) $ 27.69 1.13%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,118.67 0.05%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 63,387.98 0.12%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 1.68%
weth
WETH (WETH) $ 2,639.85 0.30%
chainlink
Chainlink (LINK) $ 11.52 0.79%
bitcoin-cash
Bitcoin Cash (BCH) $ 344.01 1.22%
polkadot
Polkadot (DOT) $ 4.59 4.93%
near
NEAR Protocol (NEAR) $ 5.23 7.62%
dai
Dai (DAI) $ 1.00 0.04%
uniswap
Uniswap (UNI) $ 6.94 2.96%
leo-token
LEO Token (LEO) $ 5.56 3.20%
litecoin
Litecoin (LTC) $ 66.68 0.74%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,769.28 0.11%
bittensor
Bittensor (TAO) $ 585.63 8.71%
internet-computer
Internet Computer (ICP) $ 9.09 8.04%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.69 2.01%
sui
Sui (SUI) $ 1.54 0.74%
kaspa
Kaspa (KAS) $ 0.162767 1.71%
aptos
Aptos (APT) $ 7.98 2.20%
pepe
Pepe (PEPE) $ 0.000008 2.99%
monero
Monero (XMR) $ 166.74 4.59%
first-digital-usd
First Digital USD (FDUSD) $ 0.997768 0.27%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.406653 1.06%
blockstack
Stacks (STX) $ 1.96 8.27%
stellar
Stellar (XLM) $ 0.096356 0.32%
ethereum-classic
Ethereum Classic (ETC) $ 19.11 0.24%
immutable-x
Immutable (IMX) $ 1.76 2.84%
ethena-usde
Ethena USDe (USDE) $ 0.999382 0.08%
aave
Aave (AAVE) $ 168.11 2.42%
render-token
Render (RENDER) $ 6.13 0.96%
okb
OKB (OKB) $ 39.96 0.98%
crypto-com-chain
Cronos (CRO) $ 0.085023 1.60%
filecoin
Filecoin (FIL) $ 3.79 1.71%
injective-protocol
Injective (INJ) $ 22.19 0.07%
arbitrum
Arbitrum (ARB) $ 0.598569 0.68%
hedera-hashgraph
Hedera (HBAR) $ 0.057053 1.36%
mantle
Mantle (MNT) $ 0.629355 0.17%