Brazil: A 2025 Snapshot

This article is adapted from AQ’s special report on trends to watch in Latin America in 2025 Brazil PRESIDENT Luiz Inácio Lula da Silva IN OFFICE 2003-2010; 2023-2027 Markets’ worries about Brazil have mounted amid broad concerns about public finances under President Luiz Inácio Lula da Silva. In November, the real fell to six to the dollar after Finance Minister Fernando Haddad announced plans to cut public spending by a less-than-expected $11.8 billion. While unemployment hit a 10-year low in mid-2024, the IMF projects 2.2% growth this year... 

Read this article on the Americas Quarterly website. | Subscribe to AQ.