Political Risk Latin America Blog @PolRiskLatam

Brazil’s inflation influenza

Posted in News and Articles, Political Risk by politicalrisklatam on April 26, 2011

by Joe Leahy for Financial Times – Beyond Brics, April 26th, 2011.

If Brazilians had thought that the country’s previous president, Luiz Inácio Lula da Silva, was the only one with a talent for theatre, they seemed to have been proven wrong on Monday.

A moment after kicking off a campaign to introduce flu vaccinations at the presidential palace, Lula’s protégé and successor, Dilma Rouseff, made a rare comment directly to the media on that other illness facing Brazilians – inflation, according to the website of the newspaper, O Estado de S.Paulo.

Like the flu, inflation is a perennial threat to Brazil and although it has been nearly a decade since it was vanquished, a new epidemic can never be ruled out. (continue reading… )

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