Good morning! We’re covering today Brazil’s GDP numbers (and what is behind their increase). Medical cannabis legalized in Brazil, with restrictions. And a new white whale on Operation Car Wash’s radar. (This newsletter is for platinum subscribers only. Become one now!)
GDP numbers: glass half-full or half-empty?
As we anticipated in yesterday’s Daily Briefing, Brazil’s official Q3 GDP numbers showed slow but continuous growth. The economy expanded 0.6 percent over the last quarter—meaning that if growth were to be 0 between October and December, Brazil’s GPD would have grown by 1 percent in 2019.
