In this week’s issue: The most important facts of the week. Stalled infrastructure projects in Brazil. Brazilian presidential candidates in 2018 election hunt for VP nominees.
The week in review
- Truckers’ strike. No sector was spared from the negative effects caused by May’s 11-day truckers’ strike. The services industry, which accounts for over 70% of the wealth produced in Brazil, shrank by 3.8% in May. Industries produced 10.9% less, a drop only comparable to December 2008, during the global economic crisis.
- Congress. Brazilian lawmakers approved guidelines for next year’s budget, slashing austerity mechanisms and allowing, among other things, for...
