INSUBCONTINENT EXCLUSIVE:
His closest ally, Alexandre Padilha, was reassigned to the Health Ministry, stripping Haddad of critical support in his fight for fiscal
Her appointment amplifies the influence of factions pushing for short-term stimulus over long-term economic stability.Populist Push in
By late 2024, only 27% of Brazilians viewed his presidency positively.Inflation hit 4.83%, squeezing household budgets and fueling public
anger over policies like taxing small imports and tightening financial monitoring via Pix
Yet his approach leans heavily on new taxes rather than spending cuts, drawing fire from both inside and outside the government.Critics
economic harm.Lula Bets Big with $5 Billion Economic Boost to Salvage PopularityThe reshuffle has rattled markets
The Brazilian real slid 1.46% against the U.S
Meanwhile, national debt surged to nearly 78% of GDP in 2024, reversing years of progress.Lula faces an uphill battle to reconcile these
clashing visions while addressing public discontent ahead of the 2026 elections
