Bolsonaro To Merge Finance, Planning and Trade Into One Super Ministry

US President Donald Trump speaks from the Rose Garden of the White House in Washington DC

AFP 2018 Jim WATSONTrump Discusses Trade and Military Cooperation With Brazil's President-Elect

Rio de Janeiro: Hundreds of Brazilians, mostly students, on Tuesday demonstrated protest in some cities of the country against the President-elect Jair Bolsonaro and demanded that he respects democracy during his term in office.

Since it was launched in 2014, the sprawling probe has uncovered the large-scale looting of state oil company Petrobras, and landed a laundry list of corrupt politicians and business executives in jail.

At 4.53 percent, inflation is now near the middle of the bank's target range of 2.5 to 6.5 percent, and Sunday's election win by debt hawk Bolsonaro further bolstered the argument to keep the rate on hold. "It's not going to work", Guedes said.

"This is a major worry for us", Rivania Rodrigues, a member of the Pernambuco LGBTQ Forum, told NBC News.

Bolsonaro beat Leftist candidate Fernando Haddad by a vote of 55.1% versus 44.8%.

Now serving 12 years in prison, Lula was barred from running in the election. But polls indicated he would have beaten Bolsonaro.

In the run-up to the election, Bolsonaro, whose first foreign visits would be to Chile, Israel and the USA - that according to him "share our worldview" - has said: "The future ministry will come from the productive sector".

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That may give the PT an opening to move beyond its graft-stained image and return to its roots. "Yes, I'm homophobic - and very proud of it", he once said. And in the upper house, where the party has never held a seat, it won four. In one of the most fragmented Congresses in Brazilian history, it will be a leading opposition force. Mr. Bolsonaro's campaign, run largely on social media, evoking comparisons to Mr. Trump's 2016 campaign, vowed to tackle political corruption and economic mismanagement, and crack down hard on rising crime, especially gang violence.

But to effectively lead the opposition, the PT may have to give up or tone down its fight to free Lula, which has consumed an enormous amount of its political resources. They say it's because they're more afraid of his opposition.

Once the vanguard of the left, its prestige is badly tarnished.

The Globo newspaper, in a separate article citing unnamed sources close to the judge, reported on Tuesday that Moro was weighing Bolsonaro's offer, feeling that he could reassure citizens concerned the president-elect will not govern democratically.

With Bolsonaro like Trump holding the global body in low esteem, it is unlikely he will prioritize the Security Council, Velasco said. The party became synonymous with the web of corruption that still plagues Brazil. "Bolsonaro just happened to be in the right place at the right time".

"Lula-ism is bigger than the PT".

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