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Supreme Court Opens Investigation into Bolsonaro Fraud Claims
- Earlier output data came in broadly in line with consensus:
- Brazil's Jun Industrial Output 0.0% On Month – IBGE
- Brazil's Jun Industrial Output +12.0% On Year – IBGE
- Later today, Treasury will offer inflation-linked bonds maturing in 2024, 2028 and 2040; demand for linkers increased after last bi-weekly CPI came in above analysts estimates.
- In local news:
- Brazil's Supreme Electoral Court (TSE) decided on Monday to open an investigation into President Jair Bolsonaro for his statements claiming there will be fraud in next year's elections. Evidence of electoral fraud wasn't presented because it didn't occur, Brazil's top electoral court justice Roberto Barroso said during a speech. (BBG)
- Electoral court is fighting fake news on election fraud
- Printed ballots are less secure than electronic ones
- Votes from the Brazilian electoral system are auditable
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.