Brazil's Luiz Inácio Lula da Silva sworn in, vows accountability and rebuilding

Lula will have to navigate more challenging economic conditions than he enjoyed in his first two terms, when the global commodities boom proved a windfall for Brazil. At the time, his administration's flagship welfare program helped lift tens of millions of impoverished people into the middle class. He left office with a personal approval rating of 83%. In the intervening years, Brazil’s economy plunged into two deep recessions — first, during the tenure of his handpicked successor, and then during the pandemic — and ordinary Brazilians suffered greatly.

from International-News-Economic Times https://ift.tt/yE3jWrT
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