Daily Archives: October 31, 2010

It’s official: Dilma Rousseff of the ruling leftwing PT will be the next president of Brazil (and the first woman to hold the job) from January 1, 2011. She beat José Serra of the opposition centrist PSDB in a second-round run-off on Sunday, winning 56 per cent of the vote compared to Serra’s 44 per cent. Continue reading »

Will Barack Obama prove more popular in India than Indiana? Is India’s central bank more worried about inflation or the rupee? This week could provide some answers, with Asia’s third-largest economy hosting the US president and seeing an interest rate decision.

Brazilian politics will move into post-election mode. The country’s new president should be known by Monday morning but, with Dilma Rousseff enjoying a double-digit lead in the polls, a real race might not be seen until the São Paulo grand prix next Sunday. Meanwhile, global markets will hang on the US Federal Reserve meeting on Wednesday. In central and eastern Europe, the budget wrangling continues. Continue reading »

No surprises from the last two big opinion polls before Brazil’s election run-off on Sunday. Both Datafolha and Ibope show Dilma Rousseff of the ruling leftwing PT firmly on course to succeed her mentor, outgoing President Luiz Inácio Lula da Silva, with a lead of at least 10 percentage points over José Serra of the centrist opposition PSDB. Continue reading »

Global equities macromap

Number of the day

11% Quarter-on-quarter GDP growth in Thailand, as the economy bouces back after the 2011 floods.

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