Bolsonaro’s Economic Guru Urges Quick Brazil Pension Reform

The future economy minister tapped by Brazilian President-elect Jair Bolsonaro insisted on Tuesday that he wanted to fast-track an unpopular pension reform to help balance government finances despite mounting resistance to getting it done this year. Paulo Guedes, whom Bolsonaro selected as a “super minister” with a portfolio combining the current ministries of finance, planning…

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China Steps Up VPN Blocks Ahead of Major Trade, Internet Shows

Chinese authorities have stepped up efforts to block virtual private networks (VPN), service providers said Tuesday in describing a “cat-and-mouse” game with censors ahead of a major trade expo and internet conference. VPNs allow internet users in China, including foreign companies, to access overseas sites that authorities bar through the so-called Great Firewall, such as…

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Iran Silent on S. Korea’s Hyundai Quitting Major Construction Project 

South Korean conglomerate Hyundai’s cancellation of a major Iran construction project due to problems related to U.S. economic sanctions has been met with silence in Iranian media. In a brief regulatory filing published Monday, Hyundai Engineering & Construction said it canceled a $521 million contract a day earlier for building a petrochemicals complex in Iran. “The…

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