The IPEC survey, released last Friday, reveals a significant dip in approval for President Luiz Inácio Lula da Silva. His favorable ratings have dropped by 5 percentage points since December, reaching a record low. Now, only 33% of the 2,000 surveyed individuals rate his government positively, down from 38%. Meanwhile, disapproval slightly rose to 32% […]
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Lula expresses concern about Ukrainian “arms race” from Brussels
From Brussels, Brazil’s President, Luiz Inácio Lula da Silva, expressed his apprehension regarding the ongoing “arms race” in Ukraine. While he refrained from directly pointing fingers at the US or European nations, his comments were made at a business gathering before the commencement of the Latin America-Europe Summit. Lula maintained that amidst these adversities, it’s […]
Wednesday’s Morning Call: Market Braces for U.S. GDP Report
Today’s morning call shows that the market’s primary focus is on tomorrow’s US GDP report for the first quarter. This critical data will be revealed on Thursday. On Wednesday, the economic agenda includes the release of the General Price Index – Market (IGP-M), measuring May’s rental inflation by FGV-Ibre. Additionally, the IBGE will disclose April’s […]