Brazil's Wild Election Holds Key to Region's Economy

Brazil's Wild Election Holds Key to Region's Economy

(Bloomberg) -- Subscribe to Bloomberg Benchmark on Apple Podcasts

Subscribe to Bloomberg Benchmark on Pocket Casts

Can South America's largest economy get any worse? It may all depend on the outcome of next month's presidential election in Brazil. The campaign has already seen its share of drama, from the far-right front-runner who was stabbed and nearly killed at a rally, to the saga of an imprisoned, popular former leader who was just barred from running. Investors are spooked about a return to heavy government intervention in the economy that could see banks forced to offer cheap credit, for example. Scott Lanman and Daniel Moss discuss the election with Bloomberg editor Bruce Douglas in Brasilia. 

©2018 Bloomberg L.P.

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES