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The Latest Breaking News from Guido Mantega

Lula's former finance minister and close aide to leave Brazil government transition

The transition government of Brazilian President-elect Luiz Inacio Lula da Silva will no longer count on the participation of his former finance minister and close aide Guido Mantega, who asked to be removed on Thursday.

Analysis-Brazil's tussle over bank job hints at power of Lula's leftist aides

Analysis-Brazil's tussle over bank job hints at power of Lula's leftist aides

A dust-up among aides to Brazil's president-elect over the country's choice to lead the Inter-American Development Bank (IDB) is fueling concern that hardcore leftists on his team are eclipsing the influence of more market-friendly moderates.

Brazil’s da Silva forms mixed economics team for transition

Brazil’s da Silva forms mixed economics team for transition

President-elect Luiz Inácio Lula da Silva’s transition has added a team of economists that includes at least two members likely to allay market worries about potential business and financial policies the incoming leftist leader might be considering

The Independent UK

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Brazil's Lula may seek more than $39 billion in extra 2023 spending, says aide

Brazilian President-elect Luiz Inacio Lula da Silva will negotiate in the coming weeks an increase in 2023 government spending that could exceed 200 billion reais ($39 billion), said his former Finance Minister and close aide Guido Mantega.

Brazil IDB nomination meets resistance from Lula allies

Brazil's nomination to head the Inter-American Development Bank (IDB) is facing resistance among allies of leftist presidential frontrunner Luiz Inacio Lula da Silva, who want him to have a formal say if he wins office this month.

Lula advisers eye rivals' programs to consolidate Brazil election alliances

As former Brazilian President Luiz Inácio Lula da Silva looks to consolidate his lead in the presidential race ahead of an Oct. 30 runoff, economists from his Workers Party (PT) are pushing for him to adopt proposals from candidates exiting the race.

Analysis-Lula unlikely to repeat Brazil state bank lending binges

Over more than a decade in power, Brazilian leftist Luiz Inacio Lula da Silva and his handpicked successor used state banks to bolster corporate "national champions" and major sectors their Workers Party saw as essential to the economy.

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Brazil election frontrunner Lula eyes Eletrobras privatization rollback, aides say

Brazil election frontrunner Lula eyes Eletrobras privatization rollback, aides say

Former Brazilian President Luiz Inacio Lula da Silva, the leftist frontrunner ahead of an October election, is looking at ways to reverse President Jair Bolsonaro's planned privatization of state-run electricity company Eletrobras, his advisers say.

Brazil's Lula wants seasoned politician to run economic policy if he wins -advisers

Brazil's Lula wants seasoned politician to run economic policy if he wins -advisers

Former Brazilian President Luiz Inacio Lula da Silva, who leads opinion polls for October's election, wants to recruit a former governor or other seasoned politician to run economic policy if he wins, close advisers to the leftist leader told Reuters.

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