Saturday, December 10, 2022

Elections in Brazil: how markets and agriculture play out

Elections in Brazil: how markets and agriculture play out

These dissonant voices—though Bolsonaro is few in the face of the threat to democratic institutions with his relentless attacks—present a scenario that was unimaginable four years ago and Lula da Silva tried to capitalize on with a plan that a joint medium speechEfforts and likes to contact businessmen Geraldo Alkamin As a running mate.

It is no coincidence that one of his last activities before Brazil entered the period of embargo was dinners with a dozen big businessmen, to whom he promised a frank dialogue in the event of his return to power.

Social Democrat Geraldo Alkamin has been his negotiator with the market, who seems more comfortable with the idea of ​​negotiating with him to strengthen future financial policies. Reactivation of the first economy in Latin America, It is known that there are people in the business community and in the banking sector who are excited by the prospect that the former governor of So Paulo (PSDB) will serve two functions in a potential government: Vice President and Economy Minister,

Lula’s demeanor and restraint, who jumped into politics from union activities, does not reassure most businessmen, who rebuke her for her proximity to the workers and for protecting them. rights of indigenous peopleamong others.

According to data sheetThe 70% of business community feels disapproval by former president And the favorite for Sunday’s elections, the most polarizing in Brazilian history.

Jair Bolsonaro, on the other hand, paid for the promises he made in his previous election campaign: Endless measures for privatization, pension reform and agribusinessIts solid ground within the business world.

same datafolha survey Gives 62% preference to ultra-conservative president In the trade vote, Lula da Silva achieved significantly more than the 24% of her rival.

Bolsonaro and his alliance with agriculture

Jair Bolsonaro’s relationship with agribusiness is in the business world of Brazil, with whom is he related? evangelical vote Within the religious spectrum: Almost perfect synergy.

The sector, which contributes about 28% of Brazil’s GDP, received great benefits from the government, such as the repeal of security policies. Amazonia, which allowed the expansion of land use; resolving family farming program inherited from the PT administration—based on their success in the fight against hunger—which facilitated the redirection of funds; And this exemption from the use of weapons in rural areas.

Tractors parade in celebration, like postcards from that wedding Brazil’s Bicentenary of Independence and is the largest private donor producer of the Bolsonarista campaign. Oscar Cervi,

Across the street, Lula da Silva combined her rhetoric with Europe and Latin American Environmental Progressivism and pledged to reduce deforestation within four years to stop deforestation in Brazil Climate change,

mighty answer National Confederation of Agriculture (CNA) was clear: an act with Jair Bolsonaro in which his boss, Joao Martinsassured that “there is no place in this country for a corrupt and incompetent team, much less for the return of a candidate who was prosecuted and arrested as a thief.”

Jair Bolsonaro’s insurgency also found pockets of fertile ground among some businessmen, who shook hands with his ardent follower. luciano hang (Havan Stores) posted a . commented on the benefits of organizing coup If Lula da Silva returns to the Presidency.

“I want you to put an end to misery in Brazil, which is not just my problem,” the leftist leader said in his meeting with businessmen. For the time being, everything indicates that he will undertake this gigantic task alone.

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