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Brazil's Bolsonaro to visit Trump this month
by Staff Writers
Washington (AFP) March 9, 2019

US President Donald Trump will host his Brazilian counterpart Jair Bolsonaro on March 19, the White House said Friday, the first meeting between the two rightwing leaders who have lavished praise on each other.

The visit was announced by Brazil's foreign ministry last month but a firm date had not been finalized.

Bolsonaro, who entered office in January, has vowed to forge close ties with Washington after over a decade of leftist rule in Brazil, and has been dubbed "South America's Trump."

"President Trump and President Bolsonaro will discuss how to build a more prosperous, secure, and democratic Western Hemisphere," the White House said.

"The leaders of the Hemisphere's two largest economies will also discuss opportunities for defense cooperation, pro-growth trade policies, combatting transnational crime, and restoring democracy in Venezuela.

"Finally, they will talk about the major role that the United States and Brazil are playing in the effort to provide humanitarian assistance to Venezuela."

Bolsonaro and Trump both favor regime change in Venezuela, and are harsh critics of the Cuban and Nicaraguan governments.

Like Trump, Bolsonaro is a climate change sceptic, whose pro-business agenda and appointment of a like-minded right-winger as environment minister have done nothing to ease concerns about deforestation in the Amazon.


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TRADE WARS
Rusal Q4 net profit plunged as US sanctions bit
Hong Kong (AFP) March 7, 2019
Russian aluminium giant Rusal suffered a net loss in the fourth quarter, it said on Thursday, citing the "serious" impact of US sanctions and global trade disputes. The world's largest aluminium maker outside of China was hit by sanctions in April following a diplomatic crisis sparked by the poisoning of former double agent Sergei Skripal in Britain. The sanctions targeted oligarchs close to President Vladimir Putin including Rusal founder Oleg Deripaska. He resigned his seat on the board a ... read more

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