Three weeks ago, even his allies expected defeat. Grassroots mobilization and fears of lost benefits fueled his stunning reversal.
Three weeks ago, even his allies expected defeat. Grassroots mobilization and fears of lost benefits fueled his stunning reversal.
Lula plans a new round of debt relief, this time through discounted purchases of distressed household loans from banks, plus tax debt forgiveness for some small business owners
Mounting debt and entrenched structural problems could complicate leftist President Luiz Inacio Lula da Silva’s fourth term, which begins in January.
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