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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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