The Brazilian federal highway police has made efforts to rid protestors from high volume areas and clear roads blocked by truckers.
According to PBS:
Since his election loss, Bolsonaro has only addressed the nation twice, to say that the protests are legitimate and encourage them to continue, as long as they don’t prevent people from coming and going.
Bolsonaro has not disavowed the recent emergence of violence, either. He has, however, challenged the election results — which the electoral authority’s president said appears aimed at stoking protests.
As of recent Pro-Bolsonaro truck drivers now threaten new road blockades.
Financial stability of Brazil is also taking a hit. Reuters reports:
Brazil’s battle against inflation is not over and the country is at serious risk of recession if it does not adopt a clear fiscal anchor, central bank chief Roberto Campos Neto and former Finance Minister Henrique Meirelles said on Tuesday.
“Although much of the recent improvement in inflation is due to government measures, there are incipient indicators that show a qualitative improvement,” Campos Neto told a business conference in New York, adding that it was too early to celebrate the improvement.
Civil unrest, and financial instability are a bad combo, but there is hope for Brazil, as Ilan Goldfajn was elected president of the Inter-American Development Bank.
Americas Quarterly Reports:
Ilan Goldfajn, elected president of the Inter-American Development Bank (IDB) last Sunday, has a low public profile but a reputation for competence. He has held positions in the public and private sectors, led Brazil’s Central Bank, and was director of the International Monetary Fund’s Western Hemisphere Department. Now, his reputation will be put to the test as the IDB navigates formidable internal and external challenges.
Many of his peers say he has what it takes. “He is a rare almost-unanimity in the profession,” said Adriana Dupita, an economist at Bloomberg Intelligence.
Here’s Pat’s take on Brazil:
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