Brazilian President Jair Bolsonaro. Photo: Evaristo Sa/AFP/Getty Images

Within his first few hours of being in office, Brazil's newly elected President Jair Bolsonaro issued a series of executive orders that "targeted Brazil's indigenous groups, descendants of slaves and the LGBT community," the Associated Press reports.

Details: The orders will make it difficult to establish new land designated for indigenous groups and descendants of former slaves, while also removing LGBT concerns from the responsibilities of the the human rights ministry. LGBT activist Symmy Larrat told the AP that the community doesn't see "any signs there will be any other government infrastructure to handle LGBT issues."

The big picture: The far-right Bolsonaro has promised to crack down on crime and corruption and revitalize the struggling Brazilian economy through pro-market reforms. The latter pledge helped propel Sao Paulo's stock market to a record close on his first day, per the AP.

  • But critics fear Bolsonaro's history of racism, homophobia and praise for military dictators will manifest in policy that undermines human rights, especially for minority groups.
  • Secretary of State Mike Pompeo, who traveled to Brazil for the inauguration, told Bolsonaro that President Trump is confident that the U.S.-Brazil relationship "will benefit the world and the set of shared values that we believe we can together advance."

Go deeper:

Go deeper

Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Retail traders drove Snowflake and Unity Software's IPO surges

Illustration: Sarah Grillo/Axios

The story of last week's Snowflake and Unity Software IPOs had little to do with data warehousing or 3D game development, and lots to do with dizzying "pops" after pricing.

What happened: The Robinhood effect.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 a.m. ET: 31,103,347 — Total deaths: 961,435— Total recoveries: 21,281,441Map.
  2. U.S.: Total confirmed cases as of 10 a.m. ET: 6,813,984 — Total deaths: 199,525 — Total recoveries: 2,590,671 — Total tests: 95,108,559Map.
  3. Health: CDC updates guidances to say coronavirus can be spread through the air Nursing homes are evicting unwanted patients.
  4. Politics: Testing czar on Trump's CDC contradictions: "Everybody is right."
  5. Education: College students give failing grade on return to campus.
  6. Business: Unemployment concerns are growing.
  7. World: "The Wake-Up Call" warns the West about the consequences of mishandling a pandemic.
Ben Geman, author of Generate
3 hours ago - Energy & Environment

The climate stakes of the Supreme Court fight

Illustration: Aïda Amer/Axios

Ruth Bader Ginsburg's death and the battle over her vacant Supreme Court seat have real implications for energy and climate policy.

Why it matters: If President Trump replaces her, the court will likely become more skeptical of regulations that claim expansive federal power to regulate carbon under existing law, and perhaps new climate statutes as well.