Russia’s invasion of Ukraine may impact agribusiness in Brazil, the STF judges whether retirees can use all their social contributions, and there will be no legislative activity next week due to Carnival

BRAZIL POLITICS - Report 25 Feb 2022 by Murillo de Aragão and Cristiano Noronha

The increase in the price of commodities, such as wheat and soybeans, in addition to oil, can put pressure on inflation in Brazil. There are supply concerns about important production chains in industries such as semiconductors, vehicles and medicines. The problem has been used by senators to defend the approval of a package of bills that proposes to ease the increase in fuel prices in Brazil. The lifetime review case in the STF runs until March 9. The score is tied at 5-5. Next week, there will be no legislative activity in the National Congress due to Carnival.

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