Brazil’s Financial Morning Call for December 19, 2025

Brazil’s financial markets open today amid intensifying political maneuvering ahead of 2026 elections. Congress ousted two key Bolsonaro allies—Eduardo Bolsonaro and Alexandre Ramagem—from the Chamber of Deputies. The move highlights a hardening institutional power struggle using procedural and judicial mechanisms. Polling shows a deeply polarized electorate on a knife-edge, with Lula’s approval fragile and early […]