Brazil Daily

🤷 If you can’t beat Lula …

Happy Friday! Today, we explain how markets are resigned about Lula. How Omicron is stressing Brazil’s health network. And the Brazilian team at the Winter Olympics.

Markets changing their approach to Lula

Markets changing their approach to Lula
Former President Lula during a rally last week. Photo: Andre Ribeiro/Futura Press/Folhapress

With eight months to go until Election Day, findings from opinion polls should be taken with a grain of salt. But the leaders of major financial institutions are already treating a victory for former President Luiz Inácio Lula da Silva — who enjoys a wide lead in every major poll — as the most likely outcome in the October elections.

  • President Jair Bolsonaro is expected to narrow this...

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