The Economic Commission for Latin America and the Caribbean (CEPAL) has revised its 2023 growth forecast for the region to 2.2%, up from 1.7%. This modest increase points to persistent economic challenges beyond the pandemic’s impact. Amid global economic slowdown and inflation control, no significant changes in monetary policies are expected from key central banks. […]
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Conflicting Messages from Lula and Haddad Blur Vision for Brazil’s Future
Disagreements within a government are normal. Yet, President Luiz Inácio Lula da Silva’s team often sends unclear economic signals. President Lula recently critiqued Vale and Eletrobras’ operations, suggesting these companies should align with national development goals. This stance raises questions about the balance between public interest and private enterprise. Finance Minister Fernando Haddad works hard […]