Though the ongoing mass protests in Brazil are a cause of worry for investors, many are more concerned about the Lula government’s socialist economic policies, which they fear could worsen the fiscal spending situation and already-high inflation. Brazil has been seeing mass protests against President Luiz Inacio Lula da Silva ever since he assumed power…
Market Impact From Brazil Riots Limited as Investors Worry About Fiscal Spending Explosion Under Leftist Lula
January 11, 2023
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AmericasBrazil BolsonaroBusiness & Marketseconomic policieseconomyinflationLeftist Ideologylula administrationsocialist policiesworker's party brazilWorld
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