Pro-Bolsonaro Rioters Invade Brasilia in Challenge to Lula
Francis Higgins
?? International Business Strategist | Expert in Driving Global Expansion and Market Penetration
Thousands of supporters of former Brazilian President Jair Bolsonaro stormed the country’s top government institutions on Sunday in an insurrection that tests the leadership of President Luiz Inacio Lula da Silva just a week after he took office.
Pro-Bolsonaro protesters ransacked congress and stormed other government offices before security forces were able to regain control of the capital. As of late Sunday authorities had cleared them from government buildings and regained control of the main square in Brasilia. About 170 people have been detained so far.?
Protesters were draped in Brazilian flags and wearing the yellow national jersey associated with conservative politics when they flooded into congress, the presidential palace and the supreme court in an event similar to the Jan. 6, 2021 invasion of the US Capitol.?
“There’s no precedent for this in the history of our country,” Lula said in televised comments. “We’re going to find out who the financial backers are.”?
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QatarEnergy, Chevron to build $6 billion gas-to-plastics plant
An agreement marking the positive final investment decision for the project was signed by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and by Bruce Chinn, President and CEO of Chevron Phillips Chemical, at a ceremony in Doha. The companies created a joint venture, Ras Laffan Petrochemicals, in which QatarEnergy owns a 70% equity share and Chevron Phillips Chemical owns 30%.
The 435-acre project site will include an ethane cracker with a capacity of 2080 KTA of ethylene, making it the largest ethane cracker in the Middle East and one of the largest in the world. It will also include two high-density polyethylene derivative units with a total capacity of 1680 KTA.
Chevron Phillips Chemical will provide project management services. Construction began with early works at the site in June 2022, and startup is expected in late 2026. The engineering, procurement and construction of the ethane cracker will be executed by a joint venture between Samsung Engineering CO., Ltd. and CTCI Corporation. Tecnimont S.p.A. will execute engineering, procurement and construction for the polyethylene units.
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Qatar eyes non-motorised transport, and here’s the plan
Walking, cycling, and small-wheeled transport are among the elements of a newly updated transport plan in Qatar.
The Gulf nation’s policies, under the Transportation Master Plan for Qatar 2050 (TMPQ), push for non-motorised transportation to lessen traffic and reduce pollution.?
According to the updated plan, published by the Ministry of Transport on its website, there are 60 policies for land transportation in the TMPQ that call for 287 policy actions.?
The TMPQ serves as a guide for making investments in land transportation infrastructure and identifies the frameworks as well as the future direction for building out the transportation network.
Labor Disruptions at World’s Ports Quadruple as Discontent Grows
Labor unrest took an unusually heavy toll on ports around the world last year, and the outlook for continued economic instability could bring even more upheaval to global supply chains in 2023.?
There were at least 38 instances of protests or strikes affecting port operations last year, more than four times as many as in 2021 when the pandemic upended global trade, according to Crisis24, a maritime security consultancy. There were nine incidents in 2020, according to data beginning in July. Crisis24 changed its tracking system at that time, and comparisons with previous years are unavailable.
Workers are feeling the impact of higher fuel and food prices in the wake of Russia’s invasion of Ukraine while their?wages?have remained stagnant, said union experts, freight forwarders and shippers. That’s emboldening employees to demand more from their bosses.
With inflation still a threat, supply chains fragile and job markets tight, workers will continue to be a volatile force in the new year.
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