Day: November 3, 2022

Lula

Lula Never Left Brazil’s Centre Stage

The former president of Brazil Luiz Inácio Lula da Silva, popularly known as Lula, has won the country’s presidential election by an incredibly narrow margin of 50.90% of the vote against his right-wing rival and incumbent president Jair Bolsonaro’s 49.10%. When Lula stepped down as president in 2010, he was […]

Bank of England

The Bond Vigilantes Get Busy

While the levels of schadenfreude will be going through the roof given the unfolding farce in British politics, the resignation of Liz Truss as UK Prime Minister was troubling in one vital respect.  True, her juvenile salad understanding of economics, which involved spending billions on tax cuts and energy subsidies, […]