Today, the first moves in the race for House Speaker. Interest rates remain low, but not for long. And Brazilian industry shows a pulse.
The Speaker race begins
Congressman Arthur Lira, from the northeastern state of Alagoas, has formally launched his bid for the House Speaker position — to be decided on February 1, 2021. As the main leader of the so-called “Big Center,” an amalgam of rent-seeking conservative parties with influence in Congress and proximity to President Jair Bolsonaro, Mr. Lira automatically becomes one of the front-runners and will likely face off against a contender handpicked by the current...