President-elect Luiz Inácio "Lula" da Silva will face ongoing challenges addressing a Bolsonaro-led opposition movement and a slowing economy, while making trade-offs with Congress and the military. Veracity Worldwide’s Jay Truesdale, Mitch Hayes, Eric Cuevas, and Nandita Balakrishnan, PhD project that Lula could face pressure to adopt moderate positions, potentially derailing his bold agenda and disappointing supporters.
Pakistan's four-time finance minister Ishaq Dar returns to the post after a self-imposed exile in London. A trusted and experienced political insider, Dar inherits numerous crises facing the country; their management will determine not only the trajectory of Prime Minister Sharif's rule, but also that of Pakistan itself.
Brazilians will go to the polls tomorrow to choose between conservative incumbent Jair Bolsonaro and leftist former President Luiz Inácio "Lula" da Silva. A Lula victory may initiate a turbulent transition period. Whoever wins the election, Brazil’s next president will confront a polarized society and economic uncertainty, limiting room for the quick implementation of sweeping populist policies in 2023.
Veracity Worldwide CEO Jay Truesdale held a discussion at the Concordia Summit 2022 with Olivia White, senior partner at McKinsey & Company and director of the McKinsey Global Institute, and John W.H. Denton AO, secretary general of the International Chamber of Commerce and a member of Veracity’s advisory board.
In advance of the vote tomorrow in Chile -- to either approve or reject a controversial draft constitution that would significantly impact businesses operating in the country -- we would like to share Veracity’s assessment of the possible outcomes. Whatever voters decide, our analysis suggests Chile's constitutional crisis could be protracted.
In this piece we offer four steps for navigating business and investments during times of geopolitical uncertainty. China's military exercises in the airspace and waters surrounding Taiwan represent the most current and high-profile instance of such uncertainty, but the steps we lay out here are universally applicable and increasingly essential to doing safe, ethical, and profitable business in global markets.