Probed in Brazil, Bolsonaro seeks six more months in US

Jair Bolsonaro. (AFP file photo)
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Updated 31 January 2023
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Probed in Brazil, Bolsonaro seeks six more months in US

  • The new government has ordered a probe of Bolsonaro, who for years has sought to cast doubt on Brazil’s electronic voting system, which has historically won praise around the world

MIAMI: Brazil’s former president Jair Bolsonaro, who is under investigation for his supporters’ storming of government buildings, is seeking a six-month visa to remain in the United States, his lawyer said Monday.
Bolsonaro flew to Florida in late December as his term ended rather than watch the inauguration of his leftist successor President Luiz Inacio Lula da Silva.
He is understood to have entered on a visa for visiting world leaders, which expires on Tuesday as he is no longer on official business.
AG Immigration Group, a California-based law firm known for its work with Brazilians, said that Bolsonaro has requested a six-month visa to stay in the United States.
“We look forward to achieving the highest level of satisfaction and desired results for our client,” it said in a statement.
Bolsonaro had previously told CNN Brasil that he had planned to return by the end of January, and was considering moving his departure earlier for health reasons.
The far-right leader was injured in a knife attack in 2018. He has suffered ongoing health complications from that assassination attempt, and received hospital care during his stay in Florida.
But Bolsonaro has since come under scrutiny over the January 8 riot in the capital Brasilia by his supporters who refused to accept Lula’s victory.
The new government has ordered a probe of Bolsonaro, who for years has sought to cast doubt on Brazil’s electronic voting system, which has historically won praise around the world.
Bolsonaro’s last justice minister, Anderson Torres, was also visiting the United States during the riot and was arrested on his return.

Thousands of Bolsonaro backers broke into the presidential palace, Congress and Supreme Court buildings in Brasilia in an unsuccessful attempt to seek the overthrow of Lula.
The State Department did not immediately comment on Bolsonaro’s application. Visa records are confidential under US law.
Several lawmakers of Biden’s Democratic Party have publicly called on the administration to send Bolsonaro back to Brazil, saying he no longer had a right to stay in the United States as a visiting head of state.
“The United States must not provide shelter for him, or any authoritarian who has inspired such violence against democratic institutions,” said a letter signed by lawmakers including Representative Gregory Meeks, the top Democrat on the House Foreign Affairs Committee, and Joaquin Castro, a prominent progressive Democrat.
Brazilians require visas to enter the United States including as tourists.
Bolsonaro was one of the closest international allies of Donald Trump, another former president living in Florida who has made baseless allegations about electoral fraud.
The Brasilia riot mirrored the January 6, 2021 insurrection at the US Capitol by Trump supporters who did not accept his defeat to President Joe Biden.
Steve Bannon, a far-right populist strategist who worked for Trump, has developed close ties with Bolsonaro’s supporters and raised questions about last year’s Brazilian election.
Bolsonaro, however, has largely kept a low profile since flying to Florida. He has been staying near Disney World at the Orlando home of Brazilian former martial arts champion Jose Aldo and was photographed eating fried chicken alone at a KFC restaurant.

 


Britain needs ‘AI stress tests’ for financial services, lawmakers say

Updated 20 January 2026
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Britain needs ‘AI stress tests’ for financial services, lawmakers say

  • Lawmakers urge AI-specific stress tests for financial firms

LONDON: Britain’s financial watchdogs are not doing enough to stop artificial ​intelligence from harming consumers or destabilising markets, a cross-party group of lawmakers said on Tuesday, urging regulators to move away from what it called a “wait and see” approach.
In a report on AI in financial services, the Treasury Committee said the Financial Conduct Authority and the Bank of England should start running AI-specific stress tests to help firms prepare for market shocks triggered by automated systems.
The committee also called on the FCA to ‌publish detailed guidance ‌by the end of 2026 on how ‌consumer ⁠protection ​rules apply to ‌AI, and on the extent to which senior managers should be expected to understand the systems they oversee.
“Based on the evidence I’ve seen, I do not feel confident that our financial system is prepared if there was a major AI-related incident and that is worrying,” committee chair Meg Hillier said in a statement.

TECHNOLOGY CARRIES ‘SIGNIFICANT RISKS’

A race among banks to adopt agentic AI, which ⁠unlike generative AI can make decisions and take autonomous action, runs new risks for retail customers, the ‌FCA told Reuters late last year.
About three-quarters ‍of UK financial firms now use ‍AI. Companies are deploying the technology across core functions, from processing insurance claims ‍to performing credit assessments.
While the report acknowledged the benefits of AI, it warned the technology also carried “significant risks” including opaque credit decisions, the potential exclusion of vulnerable consumers through algorithmic tailoring, fraud, and the spread of unregulated financial advice through AI chatbots.
Experts ​contributing to the report also highlighted threats to financial stability, pointing to the reliance on a small group of US tech ⁠giants for AI and cloud services. Some also noted that AI-driven trading systems may amplify herding behavior in markets, risking a financial crisis in a worst-case scenario.
An FCA spokesperson said the regulator welcomed the focus on AI and would review the report. The regulator has previously indicated it does not favor AI-specific rules due to the pace of technological change.
The BoE did not respond to a request for comment.
Hillier told Reuters that increasingly sophisticated forms of generative AI were influencing financial decisions. “If something has gone wrong in the system, that could have a very big impact on the consumer,” she said.
Separately, Britain’s finance ‌ministry appointed Starling Bank CIO Harriet Rees and Lloyds Banking Group ‘s Rohit Dhawan as “AI Champions” to help steer AI adoption in financial services.