Brazil - Political Risk - July 2020

Political risk in Brazil means both the risk of change and the risk of status quo

I wrote most of the below before the news broke that Bolsonaro is ill with coronavirus. The president’s poor health remains a wildcard in Brazilian politics. Assuming his health improves, the health scare is more likely to reinforce his previous views than create some sort of shift.

Political risk in Brazil means both the risk of change and the risk of s…