Good morning! Today, how Brazil’s energy outlook is a sigh of relief for the government. The latest pro-Bolsonaro onslaught against the Supreme Court. And Central Bank workers back on strike.
Energy crisis no longer a threat
Brazil is about to enter its dry season, but energy shortages are no longer threatening President Jair Bolsonaro’s re-election prospects. Only in 2006 and 2010 were hydroelectric reservoirs at higher levels before a presidential election this century.
Why it matters. The 2020-2021 summer was the driest in 100 years and pushed Brazil to the brink of an energy crisis similar to one the country...