Tag "Brazil"
Dollar appreciation against the real likely to impact Brazil’s economic recovery
The US dollar’s appreciation has caused concern regarding Brazil’s economic recovery – which has been driven by its internal market – given its pressure on inflation and the possible decrease in consumption as products become more expensive.
How market-friendly are Brazil’s presidential candidates? Part II
The 2018 presidential election is set to be the “election of hope” for the people of the country, but so far the race is wide open. GRI’s Lorena Valente revisits the candidates and how their views on the economy have evolved in recent months – or not.
Pre-salt reserves make Brazil ripe for investment, but risk remains
On October 27, 2017, new auction rounds for the eight pre-salt blocks in Brazil were launched. As the Brazilian government approved a new regulatory framework for the bidding process to allow more investors, 14 foreign companies and two Brazilian entities were qualified to participate in the auction.
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.
Federal security intervention in Rio jeopardises Brazil’s pension reform
A new security intervention decree signed by President Temer that federalizes the fight against crime in Rio de Janeiro may prevent a key vote on pension reform from taking place next week. Brazil’s credit rating is at risk without progress on pensions.
Argentina and Brazil push for a Mercosur agreement with the EU
2017 promised to be a decisive year for the trade agreement between Mercosur and the European Union given Brazil and Argentina’s strong efforts to finalize the deal. However, due to
Lula’s path to re-election just got a little more complicated…
Lula is the main source of uncertainty for Brazil, so the increased chances of him not being allowed to run boost optimism for a pro-reform candidate.
Special Report: Latin America’s key elections
Latin America is undergoing powerful political changes that will pose challenges to stability in the region. A series of elections in key countries make 2018 a crucial year.
WTO condemns Brazil industrial policy: Brazilian government discusses new subsidies rules
According to the WTO, Brazil’s industrial programs are inconsistent with the international agreements signed by the country.