The decision by a Brazilian court to uphold the corruption conviction against former President Lula complicates his plans to run for the presidency this year but it doesn't finish them altogether. The jump in markets that followed today’s decision was inevitable but, unless a credible reformist candidate emerges, it may yet fizzle out.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services