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Brazil markets tumble on Lula’s first full day in office

BRASILIA, Jan 2 (Reuters) – Brazilian markets delivered a withering verdict on leftist President Luiz Inacio Lula da Silva’s first full day in office on Monday, after he pledged to prioritize social issues and ordered a budget-busting extension to a fuel tax exemption.

Lula’s decision to extend the fuel tax exemption, which will deprive the Treasury of 52.9 billion reais ($9.9 billion) a year in fiscal income, was a stinging rebuke of his finance minister Fernando Haddad, a Workers Party (PT) loyalist who had said it would not be extended.

Haddad, who is seeking to dispel market fears that he might not maintain fiscal discipline, took office on Monday, pledging to control spending. “We are not here for adventures,” he said.

Markets seemed unconvinced.

The real currency lost 1.5% in value against the dollar in afternoon trading, while the benchmark Sao Paulo stock market index (.BVSP) ended 3.06% down. Shares of state-run oil company Petrobras (PETR4.SA) retreated nearly 6.45%.

In speeches delivered at his inauguration in Brasilia on Sunday, Lula promised that tackling hunger and poverty would be “the hallmark” of his third presidency after two previous stints running the country from 2003 to 2010.

Financial analysts said the start of Lula’s third presidency was in line with his campaign promises, and looked similar to earlier Workers Party policies that led to a deep recession.

Lula narrowly defeated far-right incumbent Jair Bolsonaro in October, swinging South America’s largest nation back on a left-wing track.

On Monday, Lula instructed ministers to revoke steps to privatize state companies taken by the previous administration, including studies to sell Petrobras, the Post Office and state broadcasting company EBC.

On Sunday, he signed a decree extending an exemption for fuels from federal taxes, a measure passed by his predecessor aimed at lowering their cost in the run-up to the election, but which will deprive the Treasury of 52.9 billion reais ($9.9 billion) a year in fiscal income.

The federal tax exemption for fuels will last one year for diesel and biodiesel and two months for gasoline and ethanol, a decree published in the official gazette showed on Monday.

Gabriel Araujo Gracia, analyst at Guide Investimentos, said Lula’s plans to increase social spending, expand the role of state banks and abolish a constitutionally mandated spending ceiling harked back to the worst days of Workers Party rule.

“The policies remind us of Dilma Rousseff’s government rather than Lula’s,” Gracia said, referring to Lula’s handpicked successor, who was impeached while in office. “Her policies led to Brazil’s worst recession since 1929.”

Lula, who lifted millions of Brazilians from poverty during his first two terms, criticized Bolsonaro for allowing hunger to return to Brazil, and wept during his speech to supporters on Sunday as he described how poverty had increased again.

Allies said Lula’s newfound social conscience was the result of his 580 days in prison, Reuters reported on Sunday.

Lula kicks off his third presidential term after persuading Congress to pass a one-year, 170 billion-reais increased social spending package, in line with his campaign promises.

“The package ended up being bigger than expected, with potential repercussions for public debt sustainability,” Banco BTG Pactual said in a research note.

Lula spent his first day in office meeting with more than a dozen heads of state who attended his inauguration.

The meetings started with the king of Spain, and continued with South American presidents, among them the leftist leaders of Argentina, Chile and Bolivia, as well as representatives from Cuba and Venezuela, and Vice President Wang Qishan of China.

On Twitter, Lula said he had received a letter from Chinese leader Xi Jinping expressing a desire to increase cooperation between the two countries.

“China is our biggest trading partner, and we can further expand relations between our countries,” Lula added.

The new president is also set to attend the wake of Brazilian soccer star Pele, who died on Thursday at 82 after battling colon cancer.

Lula will pay his respects and pay tribute to Pele and his family on Tuesday morning, the president’s office said in a statement.

($1 = 5.3633 reais)

Reporting by Anthony Boadle, Marcela Ayres and Gabriel Araujo; Editing by Matthew Lewis and Jonathan Oatis

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Cubans approve gay marriage by large margin in referendum

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HAVANA, Sept 26 (Reuters) – Cubans approved gay marriage and adoption overwhelmingly in a Sunday referendum backed by the government that also boosted rights for women, the national election commission said on Monday.

More than 3.9 million voters voted to ratify the code (66.9%), while 1.95 million opposed ratification (33%), Alina Balseiro Gutierrez, president of the commission, said on state-run television on Monday.

“Justice has been done,” Cuban President Miguel Diaz-Canel wrote in a tweet.

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“It is paying off a debt with several generations of Cuban men and women, whose family projects have been waiting for this law for years,” he said.

The 100-page “family code” legalizes same-sex marriage and civil unions, allows same-sex couples to adopt children, and promotes equal sharing of domestic rights and responsibilities between men and women.

Preliminary results from the electoral commission showed 74% of 8.4 million Cubans eligible to vote participated in the Sunday referendum.

There are no independent observers of Cuban elections, although citizens may observe the count at their precincts. Scattered local reports of district counts on social media appeared to tally with the official results.

The announcement of the results came as Diaz-Canel presided over an emergency meeting as the Caribbean island prepared for Hurricane Ian to pass over its western tip early on Tuesday.

Official Twitter accounts showed the room erupting in applause and the president leaning back and smiling at the news. The Cuban president led the campaign for the adoption of the code.

By Cuban standards Sunday’s turnout was relatively modest, and a 33% ‘no’ vote relatively large in the communist-run country, where previous referendums have seen the government position receiving near unanimous approval.

The dissent is an indication of both how Cuba is changing and the current dire economic circumstances, which have seen long power outages and lines for food, medicine and fuel.

Sunday’s vote was also the first of its kind since most residents have had access to the internet, which has let dissenting views spread more widely.

(Story corrects reference to the referendum being the first since mobile internet was legalized in final paragraph)

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Reporting by Marc Frank, Editing by Rosalba O’Brien

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Biden unveils migration plan, capping Americas summit roiled by division

LOS ANGELES, June 10 (Reuters) – U.S. President Joe Biden and fellow leaders from the Western Hemisphere on Friday rolled out a new set of measures to confront the regional migration crisis, seeking to salvage an Americas summit roiled by division.

Biden’s aides had touted the migration declaration as a centerpiece of the U.S.-hosted Summit of the Americas, and 20 countries joined him for a ceremonial unveiling of the plan – though several others stayed away.

Capping the summit’s final day, the White House promoted a series of migrant programs agreed by countries across the hemisphere and Spain, attending as an observer, which pledged a more cooperative approach. But analysts were skeptical that the pledges are meaningful enough to make a significant difference.

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Those measures include the United States and Canada committing to take more guest laborers, providing pathways for people from poorer countries to work in richer ones, and other countries agreeing to greater protections for migrants. Mexico also will accept more Central American workers, according to a White House statement.

“We’re transforming our approach to manage migration in the Americas,” Biden said. “Each of us is signing up to commitments that recognizes the challenges we all share.”

The flags of 20 countries, several fewer than the number attending the summit, festooned the stage where Biden led the rollout. But that number was only achieved after days of U.S. pressure.

It was another sign of tensions that have marred the summit, undermining Biden’s efforts to reassert U.S. leadership and counter China’s growing economic footprint in the region.

That message was clouded by a boycott by several leaders, including Mexico’s president, to protest Washington’s exclusion of leftist U.S. antagonists Cuba, Venezuela and Nicaragua. The line-up was thinned to 21 visiting heads of state and government.

The administration, facing a record flow of illegal migrants at its southern border, pledged hundreds of millions of dollars in aid for Venezuelan migrants, renewed processing of family-based visas for Cubans and Haitians and eased the hiring of Central American workers. read more

The announcements were part of the unveiling of U.S.-led pact dubbed the “Los Angeles Declaration” and aimed at spreading responsibility across the region to contain the migration problem.

The plan culminates a summit designed to re-establish U.S. influence among its southern neighbors after years of relative neglect under former President Donald Trump. Biden proposed an economic partnership to help the region’s pandemic recovery – though it appears to be a work in progress.

But at the summit’s opening on Thursday, leaders from Argentina and tiny Belize rebuked Biden over the guest list, underscoring the challenge the global superpower faces in restoring its status among poorer neighbors.

On Friday, Chile, Bolivia, the Bahamas, St. Lucia, Barbados and Antigua and Barbuda joined the criticism, though Biden was not present.

“No one should exclude another country,” Mexican Foreign Minister Marcelo Ebrard, sitting in for President Andres Manuel Lopez Obrador, said from the podium.

The sessions this week regularly rang out to U.S. composer’s John Philip Sousa’s “The Liberty Bell” march, popularized by the classic British comedy show “Monty Python’s Flying Circus.”

‘THERE’S NOTHING HERE’

U.S. officials scrambled until the last minute to persuade skeptical governments to back the plan.

The leaders vowed in the declaration “to strengthen national, regional and hemispheric efforts to create the conditions for safe, orderly, humane and regular migration.”

Standing together with fellow leaders, Biden insisted “unlawful migration is not acceptable,” and expressed hope that other countries would join the plan.

Eric Olson, director of policy at the Seattle International Foundation, called the declaration a “useful framework” but said it would likely have limited near-term effects because it is non-binding.

Some initiatives listed by the White House were announced previously. Biden’s aides have cast the immigration plan in part to help ease U.S. labor shortages.

Jorge Castaneda, a former Mexican foreign minister, said pledges from the Americas should allow Washington to argue it had secured major commitments, a domestic “political plus” for Biden. But he added: “On substance, there’s nothing here.”

Mexico, whose border with the United States is the main point of migration – backed the declaration, despite Lopez Obrador’s no-show.

The absence from the summit of leaders of Guatemala, Honduras and El Salvador – the Northern Triangle from which many migrants come – has raised doubts how effective the pledges will be. U.S. officials insisted the turnout did not prevent Washington from getting results.

The declaration encompasses commitments by an array of countries, including Mexico, Canada, Costa Rica, Belize and Ecuador. There was no mention, however, of pledges by Brazil, Latin America’s most populous nation.

The announcement did not include any U.S. pledges for additional work visas for Mexicans. That would form part Lopez Obrador’s visit with Biden next month, an official said.

Spain pledged to “double the number of labor pathways” for Hondurans, the White House said. Madrid’s temporary work program enrolls 250 Hondurans, suggesting only a small increase is envisioned.

Curbing irregular migration is a priority for Biden. Republicans, seeking to regain control of Congress in November elections, have pilloried the Democratic president for reversing Republican Trump’s restrictive immigration policies.

But migration has had to compete with Biden’s other major challenges, including high inflation, mass shootings and the war in Ukraine.

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Reporting by Humeyra Pamuk, Daina Beth Solomon, Dave Graham, Matt Spetalnick, Trevor Hunnicutt, Lisanda Paraguassu and Ted Hesson; writing by Matt Spetalnick; Editing by Jonathan Oatis, Alistair Bell and Grant McCool

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Biden unveils new Latin America economic plan at reboot summit dogged by dissent

LOS ANGELES, June 8 (Reuters) – President Joe Biden announced on Wednesday a proposed new U.S. economic partnership with Latin America aimed at countering China’s growing clout as he kicked off a regional summit marred by discord and snubs over the guest list.

Hosting the Summit of the Americas in Los Angeles, Biden sought to assure the assembled leaders about his administration’s commitment to the region despite nagging concerns that Washington, at times, is still trying to dictate to its poorer southern neighbors.

The line-up of visiting heads of state and government in attendance was thinned down to 21 after Biden excluded Cuba, Venezuela and Nicaragua, prompting Mexican President Andres Manuel Lopez Obrador and several other leaders to stay away in protest.

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“We have to invest in making sure our trade is sustainable and responsible in creating supply chains that are more resilient, more secure and more sustainable,” Biden told a gala opening ceremony.

Biden is seeking to present Latin American countries with an alternative to China that calls for increased U.S. economic engagement, including more investment and building on existing trade deals.

However, his “Americas Partnership for Economic Prosperity,” which still appears to be a work in progress, stops short of offering tariff relief and, according to a senior administration official, will initially focus on “like-minded partners” that already have U.S. trade accords. Negotiations are expected to begin in early fall, the official added.

Biden outlined his plan as he launched the summit, which was conceived as a platform to showcase U.S. leadership in reviving Latin American economies and tackling record levels of irregular migration at the U.S.-Mexico border.

But his agenda has been undermined by the partial boycott by leaders upset at Washington’s decision to cut out its main leftist antagonists in the region.

As a result, Biden found himself welcoming a larger-than-normal contingent of foreign ministers sitting in for their national leaders as the arriving dignitaries walked one-by-one up a red carpet flanked by a military honor guard.

U.S. officials hope the summit and a parallel gathering of business executives can pave the way for greater cooperation as governments grappling with higher inflation work to bring supply chains stretched by the COVID-19 pandemic closer to home.

Biden also used his speech to preview a summit declaration on migration to be rolled out on Friday, calling it “a ground-breaking, integrated new approach” with shared responsibility across the hemisphere. But he provided few specifics.

Even as Biden deals with priorities such as mass shootings, high inflation and the Ukraine war, the U.S. official said the president is seeking to press the administration’s competitive goals against China with the launch of the new partnership for the region.

The U.S. plan also proposes to revitalize the Inter-American Development Bank and create clean energy jobs

Still, the administration appeared to be moving cautiously, mindful that an initiative that promotes jobs abroad could face U.S. protectionist pushback.

CHINA’S CHALLENGE

The challenge from China is clearly a major consideration.

China has widened the gap on the United States in trade terms in large parts of Latin America since Biden came into office in January 2021, data show.

An exclusive Reuters analysis of U.N. trade data from 2015-2021 shows that outside of Mexico, the top U.S. trade partner, China has overtaken the United States in Latin America and increased its advantage last year. read more

“The best antidote to China’s inroads in the region is to ensure that we are forwarding our own affirmative vision for the region economically,” the administration official said.

Biden’s aides have framed the summit as an opportunity for the United States to reassert its leadership in Latin America after years of comparative neglect under his predecessor Donald Trump.

But diplomatic tensions broke into the open this week when Washington opted not to invite the three countries it says violate human rights and democratic values.

Rebuffed in his demand that all countries must be invited, Lopez Obrador said he would stay away, deflecting attention from the U.S. administration’s goals and toward regional divisions.

Biden’s national security adviser Jake Sullivan told reporters the choice by some leaders not to attend reflected their own “idiosyncratic decisions” and that substantive work would still be accomplished.

Cuban President Miguel Diaz-Canel said the United States lacked “moral authority” to lecture on democracy and thanked Lopez Obrador for his “solidarity.”

The leaders of Guatemala and Honduras, two of the countries that send most migrants to the United States, also stayed home, raising questions about the significance of the coming joint migration declaration.

Still, leaders from more than 20 countries, including Canada, Brazil and Argentina, are attending the summit, hosted by the United States for the first time since its inaugural session in 1994.

Biden will use a meeting on Thursday with Brazilian President Jair Bolsonaro to talk about climate change and will also discuss the topic of “open, transparent and democratic elections” in Brazil. read more

Bolsonaro, a populist admirer of Trump who has had chilly relations with Biden, has raised doubts about Brazil’s voting system, without providing evidence, ahead of October elections that opinion polls show him losing to leftist rival Luiz Inacio Lula da Silva.

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Reporting by Trevor Hunnicutt, Daina Beth Solomon, Matt Spetalnick, Dave Graham, Humeyra Pamuk; Additional reporting by Jeff Mason, Steve Holland and Dave Sherwood; writing by Matt Spetalnick and Dave Graham; Editing by Grant McCool and Richard Pullin

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Oscar-winning actor Cuba Gooding Jr. pleads guilty to forcible touching

April 13 (Reuters) – Cuba Gooding Jr. pleaded guilty on Wednesday to a misdemeanor count of forcibly touching a woman at a New York nightclub in 2018, as part of an agreement with prosecutors that spares the Oscar-winning actor any immediate jail time.

The guilty plea, in which Gooding also admitted in court to subjecting two other women to “non-consensual physical contact” in 2018 and 2019, came three years after he was arrested, the Manhattan district attorney’s office said in a statement.

Under the plea agreement, if the 54-year-old Gooding continues to undergo court-ordered counseling for six months, he can withdraw his misdemeanor plea and plead guilty to a lesser violation of harassment.

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If he fails to comply, he faces up to one year in jail.

The actor had been accused of violating three different women at various Manhattan night spots in 2018 and 2019. read more

He pleaded guilty to the most serious count charging him with forcibly kissing a woman at a nightclub in September 2018, a district attorney spokesperson said.

“I apologize for ever making anybody feel inappropriately touched,” the New York Times quoted Gooding as saying in court when entering his guilty plea.

A representative and a lawyer for the actor could not immediately be reached for comment.

Gooding won the Academy Award as best supporting actor for his role in the 1996 romantic comedy “Jerry Maguire” as a volatile football player who becomes his sports agent’s only client, demanding that Tom Cruise “show me the money.”

Two decades later, Gooding portrayed O.J. Simpson in the television miniseries “The People v. O.J. Simpson.”

Hours after the plea, a Manhattan federal judge rejected Gooding’s bid to dismiss a $6 million civil lawsuit by a woman who said Gooding raped her twice in 2013 at the Mercer hotel in Manhattan’s SoHo district.

U.S. District Judge Paul Crotty said the woman didn’t take too long to sue by waiting until 2020 to invoke a New York City law protecting victims of gender-motivated violence.

Gooding said a different law with a one-year statute of limitations should have applied. He has denied his accuser’s allegations.

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Reporting by Kanishka Singh in Washington; Additional reporting by Jonathan Stempel in sNew York; Editing by Steve Gorman, Richard Chang & Shri Navaratnam

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Hurricane Elsa cuts power, batters homes in Barbados

CHRIST CHURCH, Barbados, July 2 (Reuters) – Hurricane Elsa blew roofs off homes, toppled trees and sparked flooding in the island nation of Barbados then pounded St. Vincent with heavy rain and winds on Friday, as the storm was tracking towards Haiti.

Minister of Home Affairs, Information and Public Affairs Wilfred A. Abrahams urged Barbadians to shelter in place and only leave their homes if the structures were damaged.

Elsa strengthened into a hurricane earlier in the day and was about 95 miles (153 km) west-northwest of St. Vincent, blowing maximum sustained winds of 85 miles per hour (140 kph), the U.S. National Hurricane Center (NHC) said.

“The island definitely cannot handle any sort of damages at this point because we still haven’t recovered from the volcanic eruption yet,” said 20-year-old student Queriise Thomas in the community of Choppins in southern St. Vincent.

Earlier this year, heavy rains slammed St. Vincent with major flooding and landslides after a series of volcanic eruptions blanketed large swathes of the island in a thick layer of ash. read more

Thomas said intermittent heavy rain caused flooding and parts of the island lost electricity. St. Vincent’s water and sewage authority cut water supply to all residents as a precaution due to potential mudflows.

The NHC forecast 4 to 8 inches (10 to 20 cm) of rain with a maximum of 15 inches (38 cm) across the Windward and southern Leeward Islands including Barbados, which could lead to isolated flash flooding and mudslides.

A man views damage to a home after strong winds of Hurricane Elsa passed St. Michael, Barbados July 2, 2021. REUTERS/Nigel Browne

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Hurricane conditions were expected in Haiti and possible in the Dominican Republic and Jamaica by late Saturday, the agency said.

The Barbados minister said damage was reported in the south of the island including power outages, fallen trees, flash flooding and damaged roofs.

Emergency services were unable to reach people, but there were no reports of injuries or deaths.

A resident in south Barbados, 43-year-old structural engineer Greg Parris, whose home lost power around 7 a.m., said: “It was scary. Most of us, we haven’t experienced anything like this for a while.”

Elsa’s progress should be monitored by the Windward Islands, Leeward Islands, the Virgin Islands, Puerto Rico, the Dominican Republic, Cuba and the Cayman Islands, the Miami-based NHC said.

Little change in Elsa’s strength was forecast over the next 48 hours and some decrease in winds is possible on Monday, the hurricane center said.

Elsa’s storm surge was expected to raise water levels by as much as 1 to 4 feet above normal tide levels in some areas. Puerto Rico could receive up to 5 inches of rain, the NHC.

Reporting by Robert Edison Sandiford in Christ Church, Barbados and Kate Chappell in Kingston, Jamaica; Additional reporting by Anthony Esposito in Mexico City and Nakul Iyer in Bengaluru; Editing by Janet Lawrence and Cynthia Osterman

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