Brazil’s Cash Handouts Fail to Buoy Bolsonaro’s Popularity
Bloomberg 1 day ago Simone Iglesias
(Bloomberg) President Jair Bolsonaro’s approval rating inched lower even as his government launched a new round of modest cash handouts to help Brazil’s poor cope with the pandemic, according the latest opinion poll.
The far-right president was approved by 24% of respondents in a survey published by Exame/Ideia Friday, compared with 25% in April. His disapproval rate fell marginally to 52% from a record-high of 54% a month ago. The changes were within the poll’s margin of error of plus or minus 3 percentage points.
RIO DE JANEIRO, BRAZIL - Fast vaccination pace in these countries and controversies over AstraZeneca/Oxford immunizers open the possibility for surplus doses to be sent to the government.
After creating diplomatic conflicts with China - such as Economy Minister Paulo Guedes saying that the novel coronavirus had been created by the Chinese - the Brazilian government is now seeking international deals to acquire surplus vaccine doses in countries with a fast-paced immunization program.
On the Brazilian radar there are two potential targets : Subscribe to our Premium Membership Plan. Already Subscribed? Login Here
May 06 2021, 5:23 AM
May 05 2021, 3:52 AM
May 06 2021, 5:23 AM
(Bloomberg) A former Brazilian health minister set a harsh tone at the beginning of a congressional probe into Jair Bolsonaroâs handling of the pandemic, accusing the president of fueling the coronavirus crisis and the economy minister of doing nothing to prevent it.
(Bloomberg) A former Brazilian health minister set a harsh tone at the beginning of a congressional probe into Jair Bolsonaroâs handling of the pandemic, accusing the president of fueling the coronavirus crisis and the economy minister of doing nothing to prevent it.
Luiz Henrique Mandetta, the first of Bolsonaroâs four health chiefs during the pandemic, mentioned a long list of mistakes he sees as committed by the president since the virus appeared in Brazil last year. He frequently repeated the mantra âI warned himâ during more than six hours of testimony on Tuesday. The investigation continues on Wednesday with former Heal
UPDATE 1-Brazil s Guedes says real poised to rise, would be great if dollar fell Reuters 5/4/2021
BRASILIA, May 4 (Reuters) - Brazil s real is poised to strengthen against the U.S. dollar, as the country emerges from the difficult and turbulent phase that has contributed to its recent weakness, Economy Minister Paulo Guedes said on Tuesday. This is normal, the dollar has gone up a little bit now. But the (trade) surplus is very strong, the dollar is going to start to fall. This is normal, Guedes said in congressional testimony when asked about the real s devaluation, adding that it would be great if the dollar fell.
Reuters
2 minute read
Brazil s real is poised to strengthen against the U.S. dollar, as the country emerges from the difficult and turbulent phase that has contributed to its recent weakness, Economy Minister Paulo Guedes said on Tuesday. This is normal, the dollar has gone up a little bit now. But the (trade) surplus is very strong, the dollar is going to start to fall. This is normal, Guedes said in congressional testimony when asked about the real s devaluation, adding that it would be great if the dollar fell.
The real lost almost 30% of its value last year as Brazilian interest rates were slashed to a record low 2% in response to the COVID-19-induced recession. It fell a further 10% earlier this year as a deadly second wave hit and investors fretted over the fiscal outlook.