Brazil rallies on Lula news as Rio plots bond

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Brazil rallies on Lula news as Rio plots bond

Oliver West
April 05, 2018 12:00 AM
Lula, Brazil, Lava Jato, Latam
April 4, 2018 - Brasilia, Brazil - Concentration of supporters and supporters against former President Luiz Inacio Lula da Silva (PT) at the Esplanada dos Ministérios, in Brasília, the day of the judgment of Lula's habeas corpus in the Federal Supreme Court (Credit Image: � Dario Oliveira via ZUMA Wire) | Dario Oliveira/Zuma Press/PA Images

Brazilian bonds rallied on Thursday after the Supreme Court ruled that former president Lula Inácio da Silva must go to jail before exhausting his last appeal against a corruption conviction — effectively ruling him out of October’s presidential election.

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Oliver West
US Bureau Chief - Latin America Editor
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