Mixed results for Brazil’s Lula in first 100 days

Brazilian President Luiz Inacio Lula da Silva gestures during the Armed Forces General Officers promotion ceremony at Planalto Palace in Brasilia on April 04, 2023. AFPPIX: Luiz Inacio Lula da Silva has not had much of a honeymoon in his comeback as president of Brazil, delivering mixed results and nursing several wounds -- some self-inflicted -- after 100 days in office.

But his first months were tarnished by a series of gaffes and a public spat with the central bank over the key interest rate -- which he insists is too high, to the growing alarm of the business world. Political scientist Denilde Holzhacker says Lula could have made better use of the surge of national unity that followed the attacks, which even right-wing leaders condemned.

The reenergized right only grew more so when Bolsonaro returned last week from three months in the United States, ending his post-election political reclusion. But “Lula Three” has actually been a relatively austere, market-friendly government so far, he told AFP. His performance on foreign policy has been “relatively positive,“ said Oliver Stuenkel, a professor of international relations at the Getulio Vargas Foundation.

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