Brazil markets tumble on Lula’s first full day in office

Breadcrumb Trail Links PMN Business Article content BRASILIA — Brazilian markets delivered a withering verdict on leftist President Luiz Inacio Lula da Silva’s first full day in office on Monday, after he pledged to prioritize social issues and ordered a budget-busting extension to a fuel tax exemption. Lula’s decision to extend the fuel tax exemption, … Read more

Brazil’s real recovers as Lula’s team attempts to sooth fiscal worries

Breadcrumb Trail Links PMN Business Author of the article: Reuters Susan Mathew and Devik Jain Publishing date: Nov 18, 2022  •  0 minutes ago  •  2 minute read Join the conversation Article content Brazil’s real firmed on Friday, outperforming broader Latin American peers, as the incoming Financial Post Top Stories Sign up to receive the daily … Read more

What Lula’s victory in Brazil means for climate

Brazilian voters Sunday ousted President Jair Bolsonaro. In the closest election since the country’s return to democracy in 1985, voters decided to bring back former President Luiz Inácio Lula da Silva, who made climate a cornerstone of his campaign. “Brazil is ready to resume its leading role in the fight against the climate crisis,” da … Read more