In this week’s issue: The most important facts of the week. Unemployment: only Haiti worse than Brazil. Only three presidential candidates remain truly competitive. Jair Bolsonaro underwent emergency surgery.
The week in review
- Currency. The USD closed Friday down 0.67%, at BRL 4.16, after reaching its all-time highest nominal level on Thursday (BRL 4.21). The BRL lost 1.72% against the American currency this week, largely due to opinion polls which showed the rise of center-left presidential candidates Ciro Gomes and, especially, Fernando Haddad. Meanwhile, the markets’ favorite, center-right Geraldo Alckmin, seems all but out of contention (more below).
- Bolsonaro. On Wednesday evening, far-right candidate Jair Bolsonaro underwent an emergency surgery to repair an obstruction in his small intestine. Mr. Bolsonaro was stabbed in the abdomen while campaigning on Sep.6.
This setback in his recovery has officially taken him off the campaign trial – at least until the first round, on Oct.7.
- Marielle Franco. On Friday, the political assassination of Marielle Franco completed six months without a resolution. Her political mentor, state lawmaker Marcelo Freixo, said that the police “is close to pointing out” the culprits of the crime, after a five-hour deposition. ...