MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

MNI BRIEF: Brazil Annual Inflation Rises To 4.87% In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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Latest Poll Shows 54% Of Brazilians Support Bolsonaro Impeachment

BRAZIL
  • Brazilian local markets return from Friday's holiday. The central bank will shortly release their Focus survey results. For reference, last week economists raised their estimates for benchmark interest rate to 6.75% from 6.50% at the end of 2022.
  • (Reuters) - According to a survey by Datafolha released on Saturday, 54% of Brazilians support a proposed move by the country's lower house to open impeachment proceedings against Bolsonaro.
    • This is the first time a majority of Brazilians support impeachment, amid serious graft allegations related to vaccine procurement.
  • President Bolsonaro said, without providing evidence, that Brazil's highest electoral authorities stole votes in previous elections and will do it again in the 2022 presidential contest unless congress approves his proposal to reintroduce paper ballots. (Bloomberg)
    • The allegations are the latest in a series of unsubstantiated vote-fraud claims.
    • Congressional, electoral authorities rebuked the statements.
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