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Lower House Approves Constitutional Amendment Restoring Party Coalitions

BRAZIL
  • The lower house of Brazil's Congress on Tuesday also approved a constitutional amendment restoring party coalitions, a move that could help President Bolsonaro form a political bloc in next year's election.
    • It would also favour a leftist front to oppose him and deepen the political polarization expected in the 2022 race, for which former President Luiz Inacio Lula da Silva leads in opinion polls although he still has not announced a candidacy. (National Post)
  • Expectations of growth in Brazil have stabilized for 2021 but the country has had some downward revisions for 2022, in part consequence of political noise said central bank's president Roberto Campos Neto in an online event.
    • Campos Neto reiterated that the central bank will meet the inflation target.
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