Lula's Government Faces Crushing 57% Disapproval: Expert Predicts Controversial Measures

Brazil's Lula Faces 57% Disapproval: Expert Warns of Potential 'Creative Accounting' Brazil is grappling with a new poll showing President Luiz Inácio Lula da Silva's administration facing a 57% disapproval rating. This comes from a recent Genial/Quaest survey, causing ripples in the political and economic landscape. Financial analyst Luan Aral of Genial Investimentos issued a warning, suggesting the government might resort to "creative accounting," similar to strategies seen before Dilma Rousseff's impeachment. Aral stated, "The market is likely to view this as the population understanding the government is worsening, and the possibility of the government creating alternative measures to address this disapproval." These measures, he explained, could include subsidies on essential goods and services, but emphasized the high cost involved. The situation highlights a precarious financial position for the government, and the potential for controversial economic decisions in the face of declining public support. The coming weeks will be critical in observing how the government responds to these challenges and the market's reaction.