this post was submitted on 02 Jan 2024
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59
Brazil's economy improves during President Lula's first year back, but a political divide remains (apnews.com)
submitted 10 months ago by little_cow@lemmy.world to c/politics@lemmy.world
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RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva likes to boast he had a good first year after returning to the job. The economy is improving, Congress passed a long-overdue tax reform bill, rioters who wanted to oust him are now in jail, and his predecessor and foe Jair Bolsonaro is barred from running for office until 2030.

Still, the 78-year-old leader has struggled to boost his support among citizens and lawmakers. Some major setbacks, including a series of votes by Congress to override his vetoes, signaled that Lula’s future could be less productive in a Brazil almost evenly split between his supporters and Bolsonaro’s.

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[–] autotldr@lemmings.world 1 points 10 months ago

This is the best summary I could come up with:

RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva likes to boast he had a good first year after returning to the job.

The economy is improving, Congress passed a long-overdue tax reform bill, rioters who wanted to oust him are now in jail, and his predecessor and foe Jair Bolsonaro is barred from running for office until 2030.

Some major setbacks, including a series of votes by Congress to override his vetoes, signaled that Lula’s future could be less productive in a Brazil almost evenly split between his supporters and Bolsonaro’s.

The numbers didn’t pick up even after the announcement of a higher minimum wage in 2024, the buildup of Bolsonaro’s legal woes or Brazil’s return as a player in foreign affairs under Lula.

About a third of Brazilians consider Lula’s presidency about average and another third deeply dislike the way he governs Latin America’s powerhouse economy, which rose once again to the top 10 biggest in the world after years of sinking.

Bolsonaro was barred in June 2023 from running for office again until 2030 after Brazil’s electoral court ruled that he abused his power and cast unfounded doubts on the country’s electronic voting system.

The original article contains 1,113 words, the summary contains 200 words. Saved 82%. I'm a bot and I'm open source!

[–] kari0ca@lemmy.world -2 points 8 months ago

Yes the economy is improving very much, NOT!

https://www.reuters.com/world/americas/brazil-sees-public-debt-growth-up-135-2024-advances-debt-lengthening-2024-01-30/#:~:text=Public%20debt%20is%20expected%20to,the%20Treasury's%20Annual%20Financing%20Plan.