Brazil Weekly

Electoral Justice system bars Lula from presidential election

In this week’s issue: The most important facts of the week. Electoral Justice system bars Lula from presidential election. Brazil’s lackluster GDP growth rates.


The week in review

  • Exchange rate. The Brazilian Real climbed 1.78% against the U.S. Dollar, which closed Friday at BRL 4.072. Over the week, the BRL gained 0.78% – however, the currency dropped 8.46% over the month of August, the biggest drop since September 2015. Investors fear a return of the left-wing to power. Fernando Haddad – the future Workers’ Party candidate for president – has quietly met with investment firms to tame fears.
  • Online campaigning. Left-wing...
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