Brazil Election Short Guide

October 4, 2018 Share Print 0

Brazil’s upcoming presidential election is widely expected to be its most polarized vote since returning to democracy three decades ago.

The country’s most popular politician is in jail, while the current frontrunner is recovering from a near-fatal stabbing.

Voters in Latin America’s largest economy have witnessed an unprecedented corruption scandal in the run-up to Sunday’s vote, with a record number of Brazil’s political representatives facing criminal cases.

The scandal has exacerbated widespread distrust among the Brazilian electorate, with just days to go before what many consider to be the most important vote in the country’s history.

via CNBC

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.