Brazil’s Economic Flip: From Booming Surplus to Soaring Deficits

(Analysis) Brazil’s financial narrative has shifted dramatically, moving from a R$54 ($10) billion surplus to rapidly growing deficits under new leadership. Now, the country is grappling with deepening financial troubles as these deficits reach unprecedented levels each month. The shift is stark: from a surplus during a pandemic-marred tenure of Jair Bolsonaro to a cumulative […]