Modal close

Dear Democracy Now! visitor,

You turn to Democracy Now! for ad-free news you can trust. Maybe you come for our daily headlines. Maybe you come for in-depth stories that expose corporate and government abuses of power. Democracy Now! brings you crucial reporting like our coverage from the front lines of the standoff at Standing Rock or news about the movements fighting for peace, racial and economic justice, immigrant rights and LGBTQ equality. We produce our daily news hour at a fraction of the budget of a commercial news operation—all without ads, government funding or corporate sponsorship. How is this possible? Only with your support. Right now, a generous funder will match your donation dollar for dollar. That means when you give $10 to Democracy Now!, we'll receive $20. So, if you've been waiting to make your contribution to Democracy Now!, today is your day. It takes just a couple of minutes to make sure that Democracy Now! is there for you and everybody else in 2017.

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Topics

Will Lula Win? The Barons of International Finance Hold Their Breath As Brazilians Go to the Polls

StoryOctober 04, 2002
Watch iconWatch Full Show

Brazilians will cast their votes for a new president this Sunday and Luis Ignacio Lula da Silva of the Workers Party is leading in the polls by a large margin.

Lula, as he is known by Brazilians, is a former labor leader who has run for president in the past but lost by small margins to various center-right coalitions.

He has been highly critical of the IMF and World Bank policies but has toned down his criticism recently, some say in response to pressure from the business sector and international financial institutions.

The mainstream media throughout the world has been attributing the collapse of the Brazilian real to a panic among investors over the change in the Presidency.

But the crisis in neighboring Argentina indicates that it is IMF lending policies which have led to huge unmanageable debts in Latin America.

Guests:

  • John Williamson, Economist and former advisor to the World Bank and the IMF and currently a Senior Fellow at the Institute for International Economics.
  • Andre Singer, Spokesperson for Brazilian Worker’s Party.
  • Mark Weisbrot, Co-founder of the Center for Economic & Policy Research.

Related links:


The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.

Make a donation