Lula was elected president with a tight result in a divided and polarised Brazil, along with the most centre-right Congress since 1988. The economy is stagnant and expectations are high. His challenge will now be to stabilise democracy, build economic credibility, put Brazil back at the international stage and reconstruct the environmental and social agenda […]
recovery Covid-19
The combination of an economic downturn and rapidly rising inflation is a new experience for most Europeans. The Covid-19 pandemic and the Russia-Ukraine war produced unprecedented disruptions, or as economists would say: a shock on both the supply and demand sides. And, as the holiday season kicked in, a forceful tightening of monetary policy signalled […]