Since the start of his third term in office in January 2023, Brazil’s budget deficit has approximately doubled from almost five percent to 9.5 percent of GDP.…This is raising red flags… Typically, emerging markets get into trouble when the debt level gets into the 80–90 percent of GDP...
The crisis of subprime mortgages in the United States, which began in mid-2007 and intensified in the last months of 2008 following the bankruptcy of Lehman Brothers, brought an end to the internationally favourable situation the Brazilian economy seems to have taken advantage of in the past few...
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Brazilian President Luis Inacio Lula da Silva attends a business meeting at the Casa America in Madrid, Spain, Tuesday, April 25, 2023. Brazil's President Luiz Inácio Lula da Silva visits Spain on Tuesday on the second stop of a European tour aimed at resetting relations and making progress...
George Santos (R-Nassau/Queens) as he leaves a meeting on Capitol Hill on Jan. 25. Credit: The Washington Post/Jabin Botsford By The Washington PostSeptember 8, 2023 Share NITERÓI, Brazil — The sight of the newcomer took Gino Fonseca by surprise. As one of the city's most ...
At the start of 1969, several more decrees expanding the powers of the president were published; however, this did not lead to a normalization of the political situation in the country. As a result of Costa e Silva’s illness, power passed in August 1969 to a triumvirate made up of the...
2023, Journal of Environmental Economics and Management Citation Excerpt : Using the PPML estimator rather than OLS leads to similar results (Figure OA.11). In comparison, Harding et al. (2021) find that a 56% increase in commodity prices led to a 19% increase in deforestation in Brazil ove...
together with the political and pandemic situation in Germany and Brazil. Questions concerning the credibility of actors are among the oldest in rhetoric theory as will be shown in section 3. The key term credibility with its rather wide notion will be analyzed in the same section. The ...
has spearheaded efforts to ban far-right users from spreading misinformation on social media, and he ramped up his clampdown after die-hard Bolsonaro supporters ransacked Congress and the presidential palace on Jan. 8, 2023, in an attempt to overturn Bolsonaro’s defeat in the presidential ...
In October 2022,Lula narrowly beat Bolsonaroin the presidential election. Bolsonaro’s supporters rejected the results and rioted in the capital Brasilia,storming government buildingson January 8, 2023. This is a developing story and will be updated....