Brazil’s President-elect Luiz Inácio “Lula” da Silva takes office Jan. 1, launching his third (nonconsecutive) four-year term. As a self-described advocate of the poor, he faces the challenge of low growth forecasts for the next two years and inflationary pressure caused by too much government spending.
Yet even before inauguration day, Mr. da Silva—a co-founder with the late Fidel Castro of the hard-left São Paulo Forum—is telegraphing his intention to let public expenditures rip, halt privatization and reverse reforms designed to check corruption.
https://www.wsj.com/articles/the-return-of-lula-and-the-judicial-threat-to-brazils-democracy-supreme-court-conviction-stimulus-poor-tribunal-11671847044
Yet even before inauguration day, Mr. da Silva—a co-founder with the late Fidel Castro of the hard-left São Paulo Forum—is telegraphing his intention to let public expenditures rip, halt privatization and reverse reforms designed to check corruption.
https://www.wsj.com/articles/the-return-of-lula-and-the-judicial-threat-to-brazils-democracy-supreme-court-conviction-stimulus-poor-tribunal-11671847044
Brazil’s President-elect Luiz Inácio “Lula” da Silva takes office Jan. 1, launching his third (nonconsecutive) four-year term. As a self-described advocate of the poor, he faces the challenge of low growth forecasts for the next two years and inflationary pressure caused by too much government spending.
Yet even before inauguration day, Mr. da Silva—a co-founder with the late Fidel Castro of the hard-left São Paulo Forum—is telegraphing his intention to let public expenditures rip, halt privatization and reverse reforms designed to check corruption.
https://www.wsj.com/articles/the-return-of-lula-and-the-judicial-threat-to-brazils-democracy-supreme-court-conviction-stimulus-poor-tribunal-11671847044
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