The main focus for the week is the increase in commodity prices, and there is a lull in congressional activities due to electoral negotiations
BRAZIL POLITICS
- Report
15 Mar 2022
by Murillo de Aragão and Cristiano Noronha
The consequences of the war between Russia and Ukraine, especially the impact on commodity prices in Brazil, will be the main focus for the week. One of the biggest concerns in the market and in the business sector in general remains the truck drivers issue. While there is some discontent due to the increase in the price of diesel, there is not enough support to trigger a strike as in 2018. Eduardo Leite should meet with PSDB leaders this week to decide whether he will leave the party. Geraldo Alckmin should join the PSB at the end of the month, and the announcement of the slate for former President Lula is being prepared for mid-April.
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