GlobalSource Partners | Country Insights | Brazil Politics

During his weekly livestream, Bolsonaro announced that the water scarcity fee will end in April. Among the possible measures to stimulate the economy are allowing access to FGTS resources so that people can pay off their debts, as well as the issuing of credit for companies in an estimated value ...

Presidential candidates call for the government to condemn the war between Russia and Ukraine, party advertisements have begun, and the party window begins today

BRAZIL POLITICS · Report · 03 Mar 2022

The presidential candidates are turning to social media to call for the Brazilian government to take a firmer position and condemn the Russian attacks. In the press, President Jair Bolsonaro's stance has been heavily criticized. Several of the PDT’s ads are going live this week, and Ciro Gomes is...

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

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 def...

Senate postpones vote on fuel bills, the STF resumes judgment of the increase in the party fund and Bolsonaro’s participation in the CEO Conference yesterday had repercussions

BRAZIL POLITICS · Report · 24 Feb 2022

The Senate postponed the vote on the bills dealing with fuel until March 8. The governors do not want the bill on the ICMS, and the government is resisting the bill that deals with the price stabilization fund. Further changes to the text may be made. In a very long vote, the rapporteur of the pa...

Guedes outlines a series of measures to stimulate the economy, Ciro Gomes and Bolsonaro speak at the CEO Conference and the OAB files a case against the court-ordered payments constitutional amendment

BRAZIL POLITICS · Report · 23 Feb 2022

One of the measures outlined by Guedes is to reduce the rate of the Tax on Industrialized Products (IPI) by 25%. There should also be a new access-to-credit program for small and medium-sized companies, and access should be granted to FGTS resources for people to pay off debts. At the CEO Confere...

Evangelical vote targeted and other weekly topics

BRAZIL POLITICS · Report · 22 Feb 2022

The Senate attempts to vote on fuel-related bills. At the CCJ of the Senate, the rapporteur of the Tax Reform proposal, Roberto Rocha (PSDB-MA), submits his report. Minister Edson Fachin is the new president of the TSE. Four new presidential election polls will be published. This week's Talkin...

Two presidential candidates participate in the CEO Conference, Minister Edson Fachin assumes the presidency of the TSE, and the House may vote on two important bills

BRAZIL POLITICS · Report · 22 Feb 2022

Sérgio Moro (Podemos) and João Doria (PSDB), will participate in the CEO Conference held by Banco BTG Pactual at 10:45 a.m. and 11 a.m., respectively. Ciro Gomes and Bolsonaro will participate tomorrow. Minister Edson Fachin assumes the presidency of the Superior Electoral Court (TSE) today, repl...

The president of the Central Bank meets with union representatives to discuss the salary raise issue, the government may announce its new leader in the Senate, and two new polls will be published next week

BRAZIL POLITICS · Report · 18 Feb 2022

Roberto Campos Neto first met with union representatives on February 3, when they stated they would go on strike on March 9. President Jair Bolsonaro said he will decide on the issue by May, but hinted that all raises might have to wait until next year to avoid general discontent in the civil ser...

The vote on the fuel bills was postponed to next week, Bolsonaro criticized the STF once again, and the STF should decide whether to maintain the restrictions on party advertisements in print and online newspapers

BRAZIL POLITICS · Report · 17 Feb 2022

The bill that deals with the ICMS, and PL 1472, which creates a Fuel Price Stabilization Fund and institutes an export tax on crude oil, is expected to be approved next week. The fuel price issue is putting pressure on several municipalities because of rising bus fares. President Bolsonaro stated...

The Senate should analyze the fuel bills today, the first stage of the privatization of Eletrobras was approved in the TCU yesterday, and the STF should judge the constitutionality of the Electoral Fund

BRAZIL POLITICS · Report · 16 Feb 2022

The bill that deals with the ICMS, and Bill 1472, which creates a Fuel Price Stabilization Fund and institutes an export tax on crude oil, are listed as Items 4 and 5 on the Senate agenda, respectively. The ICMS bill originated in the House, so the deputies will have the final word. Bill 1472, on...

President Bolsonaro arrives in Russia, the TCU analyzes the privatization process of Eletrobras, and the TSE released the party advertisement calendar

BRAZIL POLITICS · Report · 15 Feb 2022

President Jair Bolsonaro arrives in Russia, where he will meet with President Vladimir Putin and local businessmen. He leaves on Thursday to go to Hungary. In December, the rapporteur of the privatization process of Eletrobras, Minister Aroldo Cedraz, pointed out some inconsistencies, with a focu...

Doria under pressure and other weekly topics

BRAZIL POLITICS · Report · 14 Feb 2022

President Jair Bolsonaro meets with President Vladimir Putin in Russia. Senate leaders are to discuss the fuel bill. At the TCU, the priority is the judgment on the privatization of Eletrobras. The STF judges the constitutionality of the Electoral Fund. This week's Talking Points: * Do...

President Bolsonaro will meet with Vladimir Putin, the STF will judge the ADI against a provision of the 2022 LDO, and Minister Fux will meet with public servants of the Judiciary to discuss a salary raise

BRAZIL POLITICS · Report · 14 Feb 2022

President Jair Bolsonaro will meet with Vladimir Putin and local businessmen. Tension in the region has increased in last few days. Ukraine has convened a meeting with Russia and members of the Organization for Security and Cooperation in Europe (OSCE) for the next 48 hours. ADI nº 7.058 was file...

The PEC on fuels is the main focus in Brasilia, the STF will review the overturning of a Petrobras labor conviction, and Lula is expected to meet with economists to discuss his economic plan

BRAZIL POLITICS · Report · 11 Feb 2022

Arthur Lira (PP-AL) said that he will negotiate for the government's PEC on fuel to be absorbed by PLP 11, which is being analyzed in the Senate. Bolsonaro said that the PEC will certainly be unanimously approved in the House and Senate. Rodrigo Pacheco, Jean Paul Prates and leaders will meet to ...

The XP/Ipespe presidential poll will be published today, Gilberto Kassab said the PSD will have a presidential candidate, and the PEC on fuels unlikely to have been well received in the Senate

BRAZIL POLITICS · Report · 10 Feb 2022

Today, a new XP/Ipespe poll on the presidential election will be published. The poll began on Monday, February 7, and ended yesterday, February 9. In the previous poll, carried out on January 24 and 25, Lula had 44% of voters’ intentions and Bolsonaro, 24%. The president of the PSD, Gilberto Kass...