3.8 • 950 Ratings
🗓️ 9 January 2023
⏱️ 7 minutes
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0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, your daily source of market news and analysis. |
0:07.0 | Subscribe to this podcast on Apple Podcast or Spotify. |
0:11.0 | Good morning, it's Monday January 9th, and I'm your host Rina Schirbel |
0:14.8 | filling in for Julie Morgan. Our top stories today. Chaos in Brazil, the right |
0:20.9 | to repair movement in the ag sector, and the FTC ban non-competes. |
0:26.0 | More on today's top story. |
0:28.0 | Thousands of supporters of former Brazilian President Bolsonaro stormed the country's government buildings on Sunday, including the Supreme |
0:34.9 | Court Congress and the Presidential Palace. |
0:37.9 | Many of the riders called for military intervention to remove Luis Inasio Lula de Silva, who took power a week ago in one of Brazil's closest elections on record. |
0:47.0 | Windows were smashed, artworks were destroyed, and computers and desks were overturned, |
0:52.0 | leaving the building's interiors in a state of roof. and computers and desks were overturned, |
0:52.7 | leaving the building's interiors in a state of ruin. |
0:56.0 | Riot police began to restore order within hours |
0:58.6 | arresting around 300 people, though questions remain, |
1:02.1 | like how public security forces in the capital were so unprepared, |
1:05.8 | despite rioters announcing their plans for weeks on social media. |
1:09.8 | Brazil's head of public security, Anderson Torres has since been fired while |
1:13.0 | de Silva decreed a state of federal intervention in the city. Brazil, Russia, |
1:17.4 | India, and China, collectively known as the brick nations, were all the rage in |
1:21.8 | the early aughts when emerging market investors |
1:24.4 | hope to capitalize on their growth and population expectations as well as their |
1:28.2 | sources of raw materials barring China and possibly India things have not quite materialized, and Lula will have to go a long way |
... |
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