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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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Ukraine Has ‘Irrefutable’ Evidence of Russia Providing Intelligence to Iran, Zelenskiy Says
Ukraine’s President Volodymyr Zelenskiy attends a press conference with European Commission President Ursula von der Leyen (not pictured) and European Council President Antonio Costa (not pictured) on the fourth anniversary of Russia’s full-scale invasion of Ukraine, in Kyiv, Ukraine, Feb. 24, 2026. Photo: REUTERS/Valentyn Ogirenko
Ukraine‘s military intelligence has “irrefutable” evidence that Russia continues to provide intelligence to Iran, Ukrainian President Volodymyr Zelenskiy said on Monday after meeting the head of military intelligence.
“Russia is using its own signals intelligence and electronic intelligence capabilities, as well as part of the data obtained through cooperation with partners in the Middle East,” he said on X.
Kremlin last week dismissed a Wall Street Journal report that Russia was sharing satellite imagery and improved drone technology with Iran as “fake news.”
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Belgium Deploys Soldiers to Reinforce Security at Jewish Sites
Belgian army personnel patrol a street as part of a deployment of soldiers outside Jewish institutions in Antwerp and Brussels following attacks at Jewish sites in Belgium and other European countries, in Antwerp, Belgium, March 23, 2026. Photo: REUTERS/Yves Herman
Soldiers were deployed on the streets of leading Belgian cities on Monday to bolster security for the Jewish community, after what officials said were antisemitic attacks in Belgium and the Netherlands.
The move follows an explosion this month at a synagogue in Liege that authorities called an antisemitic act.
“From today we’re putting soldiers back on the streets in Brussels and Antwerp because safety is a basic right,” Belgian Defense Minister Theo Francken said in a post on X on Monday.
The deployment, in collaboration with federal police, will provide security at Jewish sites including synagogues and schools, Belgian authorities said in a press release last week.
Antwerp “is again a little safer … the Jewish community too. We say NO to antisemitism!” Francken said on Monday.
The upgrade in security also follows an arson attack on a synagogue in Rotterdam and an explosion at a Jewish school in Amsterdam in neighbouring The Netherlands.
Dutch police have arrested five suspects, aged 17 to 19, over the synagogue attack in Rotterdam.
The US embassy in Oslo was also targeted in a bombing earlier this month branded by Norwegian investigators as an act of terrorism. None of the attacks caused injuries.
A Belgian defense ministry spokesperson said on Monday that soldiers would be deployed in three different phases: First in Brussels and Antwerp, later in Liege.
Rights advocates have raised concerns about possible attacks against Jewish communities around the world following the launch of the US and Israeli war with Iran. Four ambulances belonging to a Jewish community organisation in north London were set ablaze on Monday.
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Trump Puts Off Threat to Bomb Iran Power Grid; Tehran Denies Talks Taking Place
Streaks of light illuminate the sky during an interception attempt amid the US-Israeli conflict with Iran, as seen from Tel Aviv, Israel, March 23, 2026. Photo: REUTERS/Amir Cohen
US President Donald Trump said on Monday he had given orders to postpone for five days the attacks he had threatened against Iranian power plants, and said the US was in talks with Tehran about ending the US-Israeli war on Iran.
However, Parliamentary Speaker Mohammad Baqer Qalibaf, mooted to be the leader representing Iran in contacts with the US, posted on social media that no talks had been held with the US.
As reciprocal airstrikes continued, financial markets had broadly welcomed the reports of efforts to negotiate an end to the war. Even after Qalibaf’s comments, the Brent crude oil benchmark was down around 8% to about $103 a barrel.
Iran has effectively closed the key Strait of Hormuz, through which about a fifth of global oil and liquefied natural gas flows.
Trump wrote early in the US morning on his Truth Social platform that the US and Iran had had “very good and productive” conversations over the past two days about a “complete and total resolution of hostilities in the Middle East.”
OIL DROPS, STOCKS RECOVER ON PROSPECT OF PEACE TALKS
He later told reporters that his special envoy Steve Witkoff and son-in-law Jared Kushner, who had been negotiating with Iran before the war, had had discussions with a top Iranian official into the evening on Sunday, and would continue on Monday.
“We have had very, very strong talks. We’ll see where they lead. We have major points of agreement, I would say, almost all points of agreement.”
“All I’m saying is, we are in the throes of a real possibility of making a deal,” he told reporters before departing Florida for Memphis.
He declined to say who the US was speaking to in Iran but said it was not Supreme Leader Mojtaba Khamenei, who was wounded in the Israeli attack at the start of the war that killed his father and predecessor, Ayatollah Ali Khamenei, according to Washington.
“We’re dealing with the man who I believe is the most respected and the leader,” Trump said.
An unnamed Israeli official and a source familiar with the matter told Reuters that Qalibaf, increasingly influential, was representing Iran and that talks on ending the war could be held in Islamabad as soon as this week.
A reporter for the US news outlet Axios also said mediating countries, which he named as Egypt, Turkey, and Pakistan, were trying to convene an Iranian-US meeting in Islamabad this week including Witkoff, Kushner, and Vice President JD Vance.
Trump said he had spoken with Israel, which he said would be “very happy with what we have.”
Although Mojtaba Khamenei holds the ultimate authority in Iran, and the foreign ministry led past negotiations with the US, Iran experts say the realities of wartime decision-making have effectively shifted control to the Islamic Revolutionary Guard Corps (IRGC), which now exerts decisive influence over key areas including foreign policy.
A source briefed on Israel’s war plans said Washington had kept it informed of its contacts with Tehran, and that Israel was likely to follow Washington in suspending any targeting of Iranian power plants and energy infrastructure.
Israeli Prime Minister Benjamin Netanyahu’s office did not immediately respond to a request for comment on talks or on Washington’s decision to suspend strikes on some targets.
Global markets rose sharply, with US stocks up more than 2%.
On Saturday, Trump had warned that Iranian power plants would be destroyed if Tehran failed to “fully open” the Strait of Hormuz to all shipping within 48 hours. Trump set a deadline of around 7:44 pm EDT (2344 GMT) on Monday.
The IRGC threatened retaliation, saying it would attack Israel’s power plants and those supplying US bases if Trump followed through with his threat.
MARKETS AND ECONOMIES IN TURMOIL
Iranian media reported that they had on Monday attacked targets in Israel and US bases in the region.
More than 2,000 people have been killed in the war the US and Israel launched on Feb. 28, which has devastated Iran’s leadership and military capabilities while driving up fuel costs and accelerating global inflation fears.
However, the threat of strikes on Gulf electricity grids raised fears of mass disruption to desalination for drinking water, and further rattled oil markets.
While attacks on electricity could hurt Iran, they could be catastrophic for its Gulf neighbors, which consume around five times as much power per capita.
Electricity makes their gleaming desert cities habitable, in part by powering the desalination plants that produce 100% of the water consumed in Bahrain and Qatar. Such plants use seawater to meet more than 80% of drinking water needs in the United Arab Emirates, and 50% of the water supply in Saudi Arabia.
Fatih Birol, executive director of the International Energy Agency, said the resulting energy crisis was worse than the two oil shocks of the 1970s and the gas shortage connected to Russia’s 2022 invasion of Ukraine put together.
Iran‘s Defense Council escalated its threatened retaliation on Monday, prior to Trump‘s delay, saying Tehran would cut all Gulf routes by laying sea mines if Trump followed through, state media reported.
The Israeli military said early on Monday it had begun its latest broad wave of strikes on infrastructure in Tehran.
Iranian news agencies said six people had been killed and 43 injured in strikes in the western city of Khorramabad.
The Iranian Red Crescent posted a video of a residential building in affluent northern Tehran with most of its facade destroyed and emergency staff rescuing someone on a stretcher from the upper floors.
Across the Gulf, the Saudi defense ministry said two ballistic missiles had been launched towards Riyadh. One was intercepted while the other fell in an uninhabited area.