Weekly Report - 09 June 2022 (WR-22-23)

BRAZIL: Bolsonaro wrestles with inflation

Just how concerned Brazil’s President Jair Bolsonaro has become with the political fallout of double-digit inflation became clear this week when his economy minister, Paulo Guedes, said the government is willing to spend as much as R$50bn (US$10.3bn) to help lower the price of automotive and other fuels.

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