Brazil’s Lula proposes creating Latin American currency to ‘be freed of US dollar’ dependency

Brazil’s left-wing leader Lula da Silva says if he wins the 2022 presidential elections, “we are going to create a currency in Latin America,” called the Sur (“South”), to combat “the dependency on the dollar”

by Benjamin Norton

Part 3 - Lula leads polls for Brazil’s 2022 elections, following US-backed judicial coup

Brazil’s presidential elections will be held in October 2022.

Polls consistently show Lula leading over far-right candidate Jair Bolsonaro, Brazil’s sitting president.

Bolsonaro only came to power in the 2018 elections due to a soft coup d’etat backed by the United States.

Lula had been significantly ahead in the polls in the lead-up to the 2018 vote, but Brazil’s judicial system imprisoned him on false charges, handing the victory to Bolsonaro.

The US Justice Department helped support this campaign of what Lula calls legal warfare, or lawfare, to prevent him from returning to the presidency.

The US government also backed the 2016 political coup against Brazil’s democratically President Dilma Rousseff, also a member of Lula’s left-wing Workers’ Party.

The UN Human Rights Committee found this April that the prosecution of Lula was politically motivated and violated his rights.

“The investigation and prosecution of former President Lula da Silva violated his right to be tried by an impartial tribunal, his right to privacy and his political rights,” the UN legal experts determined.

***

Source, links:

https://multipolarista.com/2022/05/04/brazil-lula-latin-america-currency-us-dollar/

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