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New leftist Brazilian president, Lula, likely to keep orthodox economics, but shift to US foreign policy foes

Following Lula da Silva’s election victory over President Bolsonaro, analysts expect a moderate approach in the economic realm, but shifts to a more left-wing foreign policy.

Brazil s Guedes says govt may raise minimum wage above inflation

BRASILIA (Reuters) - Brazilian Economy Minister Paulo Guedes on Tuesday said the government of President Jair Bolsonaro could, if re-elected, raise th.

Brazil IDB nomination meets resistance from Lula allies

Brazil's nomination to head the Inter-American Development Bank (IDB) is facing resistance among allies of leftist presidential frontrunner Luiz Inacio Lula da Silva, who want him to have a formal say if he wins office this month. The government of right-wing President Jair Bolsonaro has already begun seeking regional support for its nominee to run the development bank.

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