Fernando Haddad

Brazil's Finance Minister Fernando Haddad, left, speaks as Central Bank Governor Roberto Campos Neto listens during a G20 news conference at the World Bank/IMF Annual Meetings in Washington, Thursday, Oct. 24, 2024.

Treasury and Finance Minister Mehmet Şimşek has held a series of talks at the first G20 finance ministers and central bank governors' meeting of the year in Sau Paulo, Brazil.

Treasury and Finance Minister Mehmet Şimşek has met with U.S. Treasury Secretary Janet Yellen on the sidelines of the G20 finance ministers and central bank governors' summit in Brazil.

"I met with Minister Mehmet Şimşek to discuss how Türkiye and the United States can work together to address crucial regional issues," Yellen wrote on the social media platform X.

Brazil's far-right President Jair Bolsonaro has used his inaugural speech to promise to build a "society without discrimination or division", reported BBC. 

The former army captain told Congress he wanted a "national pact" to free Brazil of corruption, crime and economic mismanagement.

In a swipe at the left, he vowed to free Brazil of "ideology".

Former army captain Jair Bolsonaro was elected president of Brazil on Sunday, promising a fundamental change in direction for the giant Latin American country, the latest to take a turn to the far-right, reports AFP. 

A deeply polarized Brazil stood at a political crossroads on Oct. 8 as the bruising first round of the presidential election left voters with a stark choice in the run-off between far-right firebrand Jair Bolsonaro and leftist Fernando Haddad.

Brazil's jailed ex-leader Luiz Inacio Lula da Silva tapped his running mate Fernando Haddad on Sept. 11 to replace him on the ballot in next month's presidential election, bowing out of the race after he was barred from seeking a new term.