Latest news with #SãoPaulo-based
The Star
21-07-2025
- Politics
- The Star
Brazil's Supreme Court threatens Bolsonaro with arrest if interviews published on social media
FILE PHOTO: Former Brazilian President Jair Bolsonaro attends an interview with Reuters in Brasilia, Brazil, July 18, 2025. REUTERS/Mateus Bonomi/File Photo SAO PAULO (Reuters) -Brazil's Supreme Court said on Monday former President Jair Bolsonaro may be arrested if his press interviews are published on social media, raising questions about whether the right-wing leader is allowed to talk to journalists, as he faces backlash over the 50% tariffs U.S. President Donald Trump imposed on Brazil. In a court order issued on Monday, Brazilian Justice Alexandre de Moraes, who oversees a criminal case in which Bolsonaro is accused of plotting a coup, said any attempt to circumvent the ruling could result in the former president's arrest. On Friday, Moraes had ordered Bolsonaro to wear an ankle bracelet and banned him from using social media, among other measures, over allegations he courted the interference of Trump, who tied the new levies on Brazil to what he called a "witch hunt" against Bolsonaro. In an interview with Reuters on Friday, Bolsonaro described Moraes' decision to prohibit his social media use as "cowardice," and said he intended to continue engaging with the press to ensure his voice was heard. But Monday's ruling clarified that the restrictive measures also applied to Bolsonaro's use of social media through third parties. Bolsonaro canceled an interview with a local news outlet that would have been broadcast on YouTube on Monday. "Obviously, the broadcasting, rebroadcasting, or dissemination of audio, video, or transcripts of interviews on any third-party social media platforms is prohibited," the judge wrote. It is unclear if the measure amounts to a prohibition of all interviews. "The prohibition is that he communicates on social media; it is not a prohibition against third parties speaking about him, whether to praise or criticize," said Ivar Hartmann, a law professor at Sao Paulo business school Insper. He added that, in his view, interviews are permissible, provided they are not intended to circumvent the legal limitations, such as giving an interview to a supporter. But Vera Chemim, a São Paulo-based constitutional lawyer, said she believed the former leader is now on shaky ground, noting that interviews, while not explicitly mentioned in the court order, could still be used to justify Bolsonaro's arrest. "Bolsonaro is now completely silenced," she said. "Any misstep could lead to a preventive arrest." On Friday, U.S. Secretary of State Marco Rubio called Moraes' court orders a "political witch hunt" that had prompted him to make immediate visa revocations for "Moraes and his allies on the court, as well as their immediate family members." The Supreme Court declined to comment or elaborate on the specifics of the decision. A spokesperson for Bolsonaro also declined to comment, but the former president has always denied any wrongdoing. The court's crackdown on Bolsonaro added to evidence that Trump's tactics are backfiring in Brazil, compounding trouble for his ideological ally and rallying public support behind a defiant leftist government. (Reporting by Luciana Magalhaes, editing by Manuela Andreoni and Rod Nickel)
Straits Times
21-07-2025
- Politics
- Straits Times
Brazil's Supreme Court threatens Bolsonaro with arrest if interviews published on social media
SAO PAULO - Brazil's Supreme Court said on Monday former President Jair Bolsonaro may be arrested if his press interviews are published on social media, raising questions about whether the right-wing leader is allowed to talk to journalists, as he faces backlash over the 50% tariffs U.S. President Donald Trump imposed on Brazil. In a court order issued on Monday, Brazilian Justice Alexandre de Moraes, who oversees a criminal case in which Bolsonaro is accused of plotting a coup, said any attempt to circumvent the ruling could result in the former president's arrest. On Friday, Moraes had ordered Bolsonaro to wear an ankle bracelet and banned him from using social media, among other measures, over allegations he courted the interference of Trump, who tied the new levies on Brazil to what he called a "witch hunt" against Bolsonaro. In an interview with Reuters on Friday, Bolsonaro described Moraes' decision to prohibit his social media use as "cowardice," and said he intended to continue engaging with the press to ensure his voice was heard. But Monday's ruling clarified that the restrictive measures also applied to Bolsonaro's use of social media through third parties. Bolsonaro canceled an interview with a local news outlet that would have been broadcast on YouTube on Monday. "Obviously, the broadcasting, rebroadcasting, or dissemination of audio, video, or transcripts of interviews on any third-party social media platforms is prohibited," the judge wrote. It is unclear if the measure amounts to a prohibition of all interviews. Top stories Swipe. Select. Stay informed. Singapore Subsidies and grants for some 20,000 people miscalculated due to processing issue: MOH Asia At least 19 killed as Bangladesh air force plane crashes at college campus Singapore ST Explains: What does it mean for etomidate to be listed under the Misuse of Drugs Act? Business Why Singapore and its businesses stand to lose with US tariffs on the region Singapore NTU to have compulsory cadaver dissection classes for medical students from 2026 World US authorities probing passenger jet's close call with B-52 bomber over North Dakota Singapore Jail for man who conspired with another to bribe MOH agency employee with $18k Paris trip Singapore New research institute will grow S'pore's talent in nuclear energy, safety "The prohibition is that he communicates on social media; it is not a prohibition against third parties speaking about him, whether to praise or criticize," said Ivar Hartmann, a law professor at Sao Paulo business school Insper. He added that, in his view, interviews are permissible, provided they are not intended to circumvent the legal limitations, such as giving an interview to a supporter. But Vera Chemim, a São Paulo-based constitutional lawyer, said she believed the former leader is now on shaky ground, noting that interviews, while not explicitly mentioned in the court order, could still be used to justify Bolsonaro's arrest. "Bolsonaro is now completely silenced," she said. "Any misstep could lead to a preventive arrest." On Friday, U.S. Secretary of State Marco Rubio called Moraes' court orders a "political witch hunt" that had prompted him to make immediate visa revocations for "Moraes and his allies on the court, as well as their immediate family members." The Supreme Court declined to comment or elaborate on the specifics of the decision. A spokesperson for Bolsonaro also declined to comment, but the former president has always denied any wrongdoing. The court's crackdown on Bolsonaro added to evidence that Trump's tactics are backfiring in Brazil, compounding trouble for his ideological ally and rallying public support behind a defiant leftist government. REUTERS
Hypebeast
18-07-2025
- Entertainment
- Hypebeast
Photography Highlights From Les Rencontres d'Arles 2025
Summary It's that time of the year again, when photographers from all around the world head to the south of France forLes Recontres d'Arles. Now on view through October 5, the 2025 festival is themed around 'Disobedient Images,' looking to the medium as a means of resistance, testimony and social transformation. Now in its 56th edition, this year's programming places special emphasis on projects based in Brazil and Australia, with standout shows that explore identity, history and the power of visual narrative. Among them isConstruction, Deconstruction, Reconstruction, a group exhibitions that revisits Brazilian Modernist photography through the pioneering lens of Foto Cine Clube Bandeirante. This São Paulo-based amateur club became fertile ground for radical experimentation, reshaping the arc of Brazil's photographic landscape. Also on view isOn Country, a constellation of works hailing from Australia that explore the cultural, spiritual and environmental ties between First Peoples' communities and the land. Additional highlights include the first European retrospective of Kwame Brathwaite, the iconic American photographer and activist behind the term 'Black is Beautiful.' A key figure of the second Harlem Renaissance, Brathwaite's lush portraits reimagined approaches to the Black body through a free, inventive capture. InThe Light from Within, American photographer Todd Hido continues his exploration of psychological landscapes, lensing desolate houses, moody interiors and skeletal trees imbued with haunting, cinematic stillness. Elsewhere,Claudia Andujar'sIn Place of Anotherreflects on the lesser-known aspects of the artist. Shaped by the trauma of war and exile, Andujar used photography to find connection and meaning in her adopted home of Brazil. Other notable presentations include the emotional tour de force ofNan Goldin'sStendhal Syndrome,Lost and Foundby French duo Elsa & Johanna and Guilherme Cunha'sRetratistas do Morro. For more information on the festival, check out Les Rencontres d'Arles'website.
Yahoo
16-06-2025
- Business
- Yahoo
Banco Bradesco S.A. (BBD) Is Up 57% In 2025. Here Is Why
Banco Bradesco S.A. (NYSE:BBD) is among the 10 Most Undervalued Stocks to Buy for Under $5. The São Paulo-based company provides banking products and services to individuals and corporations in Brazil and internationally. It is one of the largest financial services groups in Latin America, having been in the market for over 80 years. A customer withdrawing money from an ATM, illustrating the company's widespread availability of accounts. The stock has returned nearly 57% year-to-date on the back of strong earnings, resulting in positive investor sentiment. Last month, Banco Bradesco S.A. (NYSE:BBD) reported financial results for the first quarter of fiscal 2025, with recurring net income growing 39% year-over-year to BRL 5.9 billion, whereas the bank's revenue surged 15% to BRL 32 billion. Recent analyst ratings are also driving positive momentum for Banco Bradesco S.A. (NYSE:BBD). On May 28, Citigroup upgraded the stock's rating to Buy from Neutral, citing an encouraging outlook for the company's ROE in the short and mid-term. Analysts also expect an improvement in the bank's risk-adjusted revenues. This follows HSBC's revision earlier in the year, when it signaled confidence in Banco Bradesco S.A. (NYSE:BBD) by upgrading the stock from Hold to Buy. The bank's low forward P/E ratio and share price also make it an attractive entry point for investors. It is among the most undervalued stocks to buy for under $5. While we acknowledge the potential of BBD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-06-2025
- Business
- Yahoo
Alpargatas Inks Deal With The Eastman Group For Havaianas In North America
Havaianas owner Alpargatas S.A. is shifting gears in the North American market. The São Paulo-based company disclosed on Friday that it has signed an exclusive distribution agreement for the Havaianas brand of flip-flops for the U.S. and Canada with The Eastman Group. The pair will work together throughout 2025 on a transition process so the new model to have it ready in time for the 2026 season. More from WWD Hailey Bieber's Rhode Earned $20 Million in Media Exposure After E.l.f. Beauty Acquired the Brand for $1 Billion Colin Walsh to Step Down as CEO of P&G's Specialty Beauty Division Design Firm Dexelance Opens China Office to Fuel Expansion The move essentially shifts Alpargatas' operating model from direct operation to distribution. Alpargatas will remain focused on brand building, 'strengthening Havaianas brand power while focusing in portfolio assertiveness and brand competitiveness, aligned with Havaianas brand positioning and global strategy,' it said. The agreement includes an initial term of four years, and does not 'foresee any initial cash outflow for any party.' The terms of the agreement allow for an extension, either when certain metrics are met or by mutual agreement. The Eastman Group has operated in the U.S. market since 1939, and has a relevant presence in the footwear, apparel and lifestyle categories. It has U.S. distribution centers on both coasts, and relationships with major retailers across different distribution channels. Eastman counts over 30 distributed or licensed brands within its portfolio base. Alpargatas said the strategic partnership provides it with cost efficiency as it relies on a leaner local structure, In addition, it leverages the firm's presence in strategic channels via the expansion of the distribution network. Pedro Baptista, equity analyst for apparel, footwear and textiles in Latin America at Jefferies, has a 'buy' rating on shares of Alpargatas. He said North America accounted for 4 percent of group revenues and 16 percent of international in 2024. He described that deal with Eastman as a 'key strategic step' in North America. 'Alpargatas has historically been profitable in Europe, but the U.S. direct distribution model failed,' the analyst wrote in a research note. He said the new partnership is the step in the right direction, and that it could potentially lead to a licensing model. Eastman's portfolio of brands include Hurley, Eddie Bauer, Chaps, and Treton. Alpargatas also owns a 49 percent stake in Rothy's. Baptista noted that Brazilian firm has a call option to acquire the additional Rothy shares in 2025. In March, Gigi Hadid was named Havaianas' global brand ambassador. Havaianas' last celebrity partnership was a collaboration in 2023 with 'Euphoria' actress Barbie Ferreira, inspired by vintage Rio de Janeiro interior design and her Brazilian roots. And last month, Dolce & Gabbana and Havaianas launched an exclusive capsule that redefined the flip-flop with luxe details for summer. Best of WWD All the Retailers That Nike Left and Then Went Back Mikey Madison's Elegant Red Carpet Shoe Style [PHOTOS] Julia Fox's Sleekest and Boldest Shoe Looks Over the Years [Photos]
