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Biden: Situation in Brazil is “outrageous”

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U.S. President Joe Biden on Sunday condemned “the assault on democracy” in Brazil after supporters of far-right former President Jair Bolsonaro invaded the country’s Congress, presidential palace and Supreme Court.

Biden said he looked forward to continuing to work with leftist President Luiz Inacio Lula da Silva, who defeated Bolsonaro in the most fraught election in a generation last year.

“I condemn the assault on democracy and on the peaceful transfer of power in Brazil. Brazil’s democratic institutions have our full support and the will of the Brazilian people must not be undermined,” Biden said on Twitter.

Earlier on Sunday, Biden said the situation in Brazil was “outrageous.”

The violence echoed the U.S. Capitol invasion two years ago by supporters of former President Donald Trump.

The sight of thousands of yellow-and-green clad protesters running riot in the capital capped months of tension following Brazil’s Oct. 30 vote. Bolsonaro, an acolyte of Trump’s who has yet to concede defeat, peddled the false claim that Brazil’s electronic voting system was prone to fraud, spawning a violent movement of election deniers.

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Money

Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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Will Tesla’s supercharger layoffs eventually payoff?

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Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

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TikTok’s fate in the United States

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TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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