Brazil's Bolsonaro targets the rights of the LGBT community and indigenous residents on 1st day in office; Stock market up 3.56 percent

Newly installed President Jair Bolsonaro targeted Brazil’s indigenous groups, descendants of slaves and the LGBT community with executive orders in the first hours of his administration, moving quickly after a campaign in which the far-right leader said he would radically overhaul many aspects of life in Latin America’s largest nation.
Sao Paulo’s stock market, meanwhile, jumped 3.56 percent to a record closing of 91,012 points as new Cabinet ministers reinforced the intent to privatize state-owned companies and a Brazilian arms maker benefited from Bolsonaro’s plans to loosen gun controls. Similar spikes in stock prices also occurred during the presidential campaign.

Brazil's Bolsonaro targets the rights of the LGBT community and indigenous residents on 1st day in office; Stock market up 3.56 percent 190103-jair-bolsonaro-brazil-se-555p_22a560e6a2095cdcf0b6954e2880beb8.fit-760w

Brazil's Bolsonaro targets the rights of the LGBT community and indigenous residents on 1st day in office; Stock market up 3.56 percent 190103-jair-bolsonaro-brazil-se-555p_22a560e6a2095cdcf0b6954e2880beb8.fit-760w

https://www.nbcnews.com/feature/nbc-out/brazil-s-bolsonaro-targets-minorities-1st-day-office-n954181

Brazil's Bolsonaro targets the rights of the LGBT community and indigenous residents on 1st day in office; Stock market up 3.56 percent

Brazil's Bolsonaro targets the rights of the LGBT community and indigenous residents on 1st day in office; Stock market up 3.56 percent

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