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Leading Brazilian Jewish economist targeted by criticism ripped from ‘antisemitism handbook,’ Jewish groups say
RIO DE JANEIRO (JTA) — Jewish groups in Brazil are calling for a retraction after one prominent Brazilian economist questioned the loyalty of a Brazilian Jewish economist during an interview streamed by a widely viewed news organization.
The comments were about Ilan Goldfajn, a Brazilian-Israeli economist who was recently elected president of the Inter-American Development Bank, which promotes economic growth in Latin America and the Carribean.
Paulo Nogueira Batista Jr., a former executive director of the International Monetary Fund, said during the interview on Jornal GGN that Goldfajn is hostile to the government of President-elect Luiz Inacio Lula da Silva, and included his Jewish background as one of the reasons. Batista’s argument invoked multiple antisemitic tropes about Jewish power and dual loyalty.
“He is essentially a financier, connected to the U.S. Treasury, to the Jewish community. He is actually Jewish-Brazilian, born in Haifa, Israel. And the Jewish community has a strong presence in the U.S. Treasury, in the Monetary Fund, in international organizations, not only in private banks,” Batista said. “As a Brazilian, all he has is his passport.”
Batista also mocked Goldfajn’s last name, calling it “unpronounceable” for not having a Portuguese origin.
Goldfajn, 56, is a former president of Brazil’s Central Bank. He left Israel at an early age and was raised in Rio de Janeiro, where he attended a Jewish day school and is an active member of the Brazilian Jewish community.
Batista made the statements Dec. 16, but they only gained widespread notice Dec. 24 when several Jewish groups reacted fiercely. Several other non-Jewish figures followed suit, turning the episode in a firestorm in Brazilian media this week.
The Brazilian Israelite Confederation, the country’s umbrella Jewish organization, was the first to respond. “Batista resorts to old antisemitic clichés used by fascists and racists to vilify a Brazilian citizen who contributes so much to our country,” the group said in a statement posted to social media.
The Sao Paulo Jewish federation, which represents half of Brazil’s 120,000-strong Jewish community, followed suit.
“Associating Jews with money and power takes us back to the worst moments in human history that culminated in the persecution and death of our ancestors,” the federation said in a statement.
A note by B’nai Brith Brasil likened Batista’s comments to the Protocols of the Elders of Zion, the infamous falsification of European antisemites. And the Jews for Democracy nonprofit called the episode “a clear example of left-wing conspiracy anti-Semitism.” (Lula is leftwing and was narrowly elected to replace Brazil’s right-wing president, Jair Bolsonaro, a Christian nationalist who has been a strong supporter of Israel.)
The Brazil-Israel Institute demanded a public apology by the attack perpetrator and the show’s host, Luis Nassif, who later tweeted that he didn’t react because he considered the statement xenophobic, but not antisemitic.
“The statements are antisemitic as in an antisemitism handbook, establishing the classic relationship between Jews and money, triggering the thesis of a Jewish plot and even repeats logic that removes from the Jews the possibility of being Brazilian,” the institute posted on social channels.
Fluent in Hebrew, English, Portuguese and Spanish, Goldfajn has a doctorate from the Massachusetts Institute of Technology as well as bachelor’s and master’s degrees from the Pontifical Catholic University of Rio de Janeiro. In the mid-1990s he was a professor at Brandeis University.
His track record in banking in Brazil and beyond is extensive. He has served as chief economist at Itau, Brazil’s largest private bank, and deputy to the bank governor of Brazil, as well as adviser to the World Bank and the International Monetary Fund. In 2018, Goldfajn was named central banker of the year by the British magazine The Banker due to his successful performance at the helm of Brazil’s Central Bank, taming the country’s annual inflation.
“Ilan Goldfajn is a unique figure within the Brazilian economic scenario and a source of great pride for Brazil and for the Jewish community. He will certainly contribute a lot with his great experience,” Renato Ochman, president of the Brazil-Israel Chamber of Commerce, told the Jewish Telegraphic Agency in November, when Goldfajn was elected Inter-American Development Bank for a five-year term.
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US Issues Sanctions Related to Iran and Venezuela Weapons Trade
A bronze seal for the Department of the Treasury is shown at the US Treasury building in Washington, US, Jan. 20, 2023. Photo: REUTERS/Kevin Lamarque
The US Treasury said on Tuesday it has added 10 individuals and entities based in Iran and Venezuela to its sanctions list, citing their aggressive weapons program.
The US Treasury has designated Venezuela-based Empresa Aeronautica Nacional SA and its chair, Jose Jesus Urdaneta Gonzalez, who it said have contributed to Iran‘s trade of unmanned aerial vehicle (UAV), or drones, with Venezuela.
“Urdaneta, on behalf of EANSA, has coordinated with members and representatives of the Venezuelan and Iranian armed forces on the production of UAVs in Venezuela,” Treasury said in a statement.
“We will continue to take swift action to deprive those who enable Iran’s military-industrial complex access to the US financial system,” said John Hurley, the department’s undersecretary for terrorism and financial intelligence.
The US has ramped up pressure on Venezuela in recent months, executing a large-scale military buildup in the southern Caribbean. It has also sanctioned family members and associates of Venezuelan President Nicolas Maduro and his wife.
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Spain Exempts Airbus From Israeli Tech Ban
Airbus logo is seen in this illustration taken, March 10, 2025. Photo: REUTERS/Dado Ruvic/Illustration
Spain has granted Airbus exceptional permission to produce aircraft and drones using Israeli technology at its Spanish plants even though it banned military and dual-use products from Israel two months ago over its war against Hamas terrorists in Gaza.
Approved last Tuesday by the cabinet and defended by several ministers this week, the exemption reflects the pressure from companies and domestic interests that some of Europe’s toughest critics of Israel’s recent war have faced as they attempt to impose trade sanctions.
It also risks increasing tensions within the ruling coalition between the Socialists and their hard-left partner Sumar when the government is already weakened by internal disputes and scandals over corruption and accusations of sexual harassment.
Neither Airbus nor the defense ministry was immediately available for comment.
SPANISH MEASURES ON ISRAEL WERE PASSED IN SEPTEMBER
Spain in September passed a law to take “urgent measures to stop the genocide in Gaza,” banning trade in defense material and dual-use products from Israel, as well as imports and advertising of products originating from Israeli settlements.
Its consumer ministry on Tuesday ordered seven tourist accommodation websites to remove 138 advertisements for holiday homes in Palestinian territories or face the threat of sanctions in Spain.
Spain has already blocked 200 attempts to buy material linked to Israel, its digital transformation minister Oscar Lopez told national broadcaster TVE on Tuesday.
Airbus, which employs about 14,000 people in Spain and accounts for 60% of its air and defense exports, was granted the first exception in a cabinet meeting last week, written minutes showed, citing the “great industrial and export potential” of its aircraft “considered essential … for preserving thousands of highly skilled jobs in Spain.”
The European aerospace company produces its A400M and C295 transport planes, an A330 MRTT refueling aircraft and SIRTAP surveillance drones at its sites in Madrid and Seville, all using Israeli technology.
The company is working with Spain‘s Ministry of Defense on a “plan to disconnect from Israeli technology,” according to the minutes published last Tuesday, which did not provide further details.
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Syria Imposes Curfew in Latakia Days After Protests Turn Violent, State Media Reports
Members of the Syrian Security forces stand guard near military vehicles on the day people from the Alawite sect protest as they demand federalism and an end to what they say is the killing and violations against Alawites, in Latakia, Syria, Dec. 28, 2025. Photo: REUTERS/Karam al-Masri
Syrian security forces imposed a curfew on Latakia city, a bastion of the country’s Alawite minority, state media reported on Tuesday, days after four people were killed in protests that spiraled into violence.
Syria has been rocked by several episodes of sectarian bloodshed since longtime leader Bashar al-Assad, who hails from the Muslim Alawite community, was ousted by a rebel offensive last year and replaced by a Sunni-led government.
State media said the curfew was set to last from 5 pm (1400 GMT) on Tuesday until 6 am (0300 GMT) on Wednesday.
Security forces reinforced their deployment in a number of neighborhoods in Latakia city on the Mediterranean coast, which witnessed riots on Monday that injured about a dozen people.
Thousands of Alawite protesters gathered on Sunday in Azhari Square in Latakia city to demand a decentralized political system in Syria and the release of thousands of Alawite prisoners.
A similar protest in November lasted barely an hour before being confronted by a rival protest in support of Syria‘s new government. Syrian security forces used gunfire to break up both.