Brazil Weekly

Brazilian presidential candidates in the hunt for VP nominees

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...
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