Latest / The Americas Quarterly Podcast
Lula’s Comeback and Challenges Ahead
After a comeback and a win by more than four million votes, Brazilian President Luiz Inácio Lula da Silva must now face a hostile Congress, nervous financial markets and an uncertain relationship with Washington. His opponent, Flávio Bolsonaro, has left for the United States, where he is alleging political persecution.
Over a political career spanning more than 40 years, Lula has often evolved according to the needs of the moment. This time, will he take a more orthodox approach to the economy, with Brazil’s budget deficit approaching an unsustainable 10% of GDP? Will he bring more…
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