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Business Matters: Brazil: A big challenge for the new president

Brazil: A big challenge for the new president

10/01/2023 GMT

BBC World Service - Business Matters, Brazil: A big challenge for the new president

President Lula has been forced to declare emergency powers.

Authorities arrested 1,200 people on Monday - in addition to 300 detained a day earlier.

About 1,500 people have been held in Brazil after supporters of ex-President Jair Bolsonaro stormed Congress, the presidential palace and the Supreme Court in the capital Brasília. The rioting came a week after President Luiz Inácio Lula da Silva was sworn in.

Pakistan is hosting an event in Geneva on Monday with the United Nations as it seeks international assistance to cover around half of a total $16.3bn recovery bill. It has been a busy day for the economy as Pakistan has also asked the International Monetary Fund to temporarily ease its loan conditions to enable the country to recover from the costs of last year's floods. 

Flood and high wind warnings are in place across much of California; a hundred and twenty thousand homes are without power.
 
(Picture: Independence Day. Picture Credit: Getty Images)

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