Brazil, a rustic of buyers, faces the prospects of Lula da Silva’s presidency

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Brazil, a rustic of buyers, faces the prospects of Lula da Silva’s presidency


This yr, Brazil’s property had outperformed their friends this yr as buyers turned satisfied that Luiz Inácio Lula da Silva can be a secure pair of palms for the financial system. However, now that he’s about to take workplace, they aren’t so certain.

After successful the election final month, Lula da Silva has stepped up his plans to spice up social spending, whereas his transition group contains names who performed key roles within the authorities of Dilma Rousseff, his handpicked successor who led the financial system to a extreme recession.

“The names being thrown round do not encourage any . . .

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