HALISTER1: Brazil Meirelles’s Presidential Run Seen Gaining Momentum: MCM

Brazil Meirelles’s Presidential Run Seen Gaining Momentum: MCM

(Bloomberg) -- While a possible candidacy of former president Luiz Inacio Lula da Silva is weakening, Finance Minister Henrique Meirelles’s chances are improving, says MCM Consultores Associados in note.
  • I’t doesn’t look like a coincidence that news of Meirelles’s electoral ambition arises a few days after Lula’s candidacy was damaged by a testimony from Brazil’s former finance minister Antonio Palocci
  • If Meirelles intends to be competitive, he will need to win over at least part of Lula’s supporters
  • Lula’s possible absence in 2018 ballot may increase the number of candidates, fragmenting the presidential race
  • NOTE from Sept. 13: Brazil’s PSD Wants FinMin Meirelles to Run in 2018: Party Leader
To contact the translator on this story: Vinícius Andrade in São Paulo at vandrade3@bloomberg.net To contact the translation editor responsible for this story: Ney Hayashi at ncruz4@bloomberg.net Reporter on the original story: Vinícius Andrade in São Paulo at vandrade3@bloomberg.net Editors responsible for the original story: Daniela Milanese at dmilanese@bloomberg.net Marisa Castellani

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Henrique Meirelles (Brazil Secretaria do Tesouro National)
Luiz Inacio Da Silva (Federative Republic of Brazil)
Antonio Palocci Filho (Federative Republic of Brazil)

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