Tag "Lula"
Judge orders Lula’s imprisonment and markets jump
In a historic decision, the Brazilian Federal Supreme Court may have ended almost any chance for Lula to run for President in Brazil’s October presidential election. Two days after the decision and after violating Judge Sergio Moro’s timeline for arrest, Lula turned himself in to the Federal Police. Markets reacted positively to the news, but the court’s decision will divide an already polarized country and lead to even more uncertainty ahead of the Presidential election.
GRI Series on Brazil: Elections precede economic reform
In Brazil, economic adjustment will have to come from within the ruling party after the October elections. Complex political coalitions and a shared national social policy agenda have created a
GRI Series on Brazil: The presidential race is on
President Dilma Rousseff has remained popular throughout most of her first term. But with her approval ratings in decline, does she risk defeat in the upcoming presidential elections? This is
Brazil’s economic downturn provides opportunity for shrewd investors
Brazil’s economy, generally considered one of the safest bets among emerging markets, is on shaky ground. While many investors are fleeing, shrewd investors can take advantage of opportunities at steep discounts.