Parties are already strategizing for the 2026 race and other weekly topics

BRAZIL POLITICS - Report 27 Jan 2025 by Murillo de Aragão and Cristiano Noronha

This week, the Central Bank—now under the leadership of Gabriel Galípolo—will hold its first meeting of the year to decide the benchmark interest rate (Selic). On Saturday (February 1), members of the Lower House and Senate will elect the next presidents of their respective Houses for the 2025-2026 term. After the election, changes in the ministerial team may occur. Petrobras will also discuss fuel prices.

This week's Talking Points:

- Support in the Lower House for Lula in 2024 dropped slightly compared to 2023.

- Lula talks 2026 and faces enormous challenges ahead.

- Parties are already strategizing for the presidential race.

- New communications strategy highlights Lula’s popular appeal.

- Bolsonaro signals about the right wing in 2026.

- Economic uncertainties for 2025 challenge the government.

Now read on...

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