Is Lula's Honeymoon Winding Down?

摘要

He was latin america's biggest surprise. After winning a landslide victory in 2002 on a campaign to revamp the economy and bat-tle for the poor, Brazil's left-leaning President Luiz Inacio Lula da Silva thrilled worried investors when he continued his predecessor's plan of strict financial austerity. Instead of catching the jitters as predicted, the country's bond and stock markets enjoyed stellar returns last year and are still going strong.