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The news from Brazil on January 6th, 2025, paints a vivid picture of the nation's current state, with political, economic, and social issues intertwining. The Brazilian Federation of Banks (Febraban) has shared a survey that casts doubt on President Lula's economic strategies, predicting that the Selic rate will remain high, possibly reaching 15% by mid-year, and the dollar hovering around R$6. Despite the government's ambitious plans to cut spending, financial institutions remain skeptical. On a more somber note, dengue fever has claimed more lives than COVID-19 in 2024, with São Paulo reporting over 2.1 million cases, earning President Lula the moniker "Presidengue." In political maneuvers, Lula is contemplating a cabinet reshuffle to strengthen his position ahead of the 2026 elections, with potential changes in key ministries. Meanwhile, in Belo Horizonte, Mayor Fuad Noman is on medical leave due to pneumonia, with Vice Mayor Álvaro Damião stepping in temporarily. The Federal Police have unearthed evidence in Choró implicating federal deputy Júnior Elmano in the misuse of parliamentary funds, following incriminating recordings of Mayor Carlos Alberto Queiroz. In Rio de Janeiro, taxi fares have increased, adding to the financial burdens of residents. Politically, the PSD, led by Gilberto Kassab, is considering welcoming singer Gusttavo Lima, though not as a presidential candidate, as the party contemplates its strategy for the 2026 elections. On the economic front,...
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