Thursday’s WW (10) addresses the economic uncertainty in the new government. President-elect Luíz Inácio Lula da Silva (PT) gave a speech criticizing the so-called fiscal stability and defended the need to put the social issue ahead of issues that, according to him, are of interest only to the financial market.
It was enough for an economic avalanche. The stock market closed sharply down and the dollar up.
And the market reaction was minimized, in the late afternoon, by the president-elect. Lula called the market sensitive.
The crisis of confidence is the subject of the analysis wheel that includes the economist and former president of the Central Bank, Armínio Fraga, in addition to the CNN team, Caio Junqueira, Thais Arbex and Raquel Landim.
The transition team also takes shape with new names announced on Thursday (10), which include the former Minister of Finance, Guido Mantega.
Does this mean that the Lula government is creating a “face”? Our analysts try to answer the question.
Source: CNN Brasil
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.
