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.