After the President of Eurasia meets Haddad, he comments that Brazil does not convey confidence and that Lula's past cannot be forgotten

The president of Eurasia, Ian Bremer, said shortly after a meeting with the Minister of Finance, Fernando Haddad (PT), that he has no confidence in Brazil. Bremer met with members of the Lula government in Davos on Tuesday (17). According to a letter to customers to which the Scoop had access. Scoop is Mover's exclusive information hub.

In the article, Bremmer said that with weak popular support in the election, Lula may not be able to maintain a position condemning the actions of January 8, because he treats supporters of former President Bolsonaro, from the PL, as “enemies”.

"It is impossible to maintain [the Jan. 8 condemnation stance] amid a deteriorating economy (and consequent popularity)," Bremer said in a letter. There's no reason to panic about Brazil, but I don't have that much faith in South America's biggest democracy,” he added.

Company speaks after speech by the president of Eurasia

The company clarified that Bremmer sent the letter he obtained to a courier at 8:54 am, Brasilia time, today, more than two hours after meeting Haddad in Davos, Switzerland, where the World Economic Forum takes place.

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According to the Minister of Finance's agenda, the meeting with Bremer was scheduled for today at 10 am local time, or 6 am Brasília time. To corroborate the conclusions of the letter to clients, Bremmer cited Datafolha data from last week showing that 40% believe that the 2022 election was stolen and 36% support military intervention. “There's no need to panic about Brazil, but I'm not as confident about South America's biggest democracy.”

Eurasia explained this Wednesday that, in fact, the text was written earlier.

“Ian Bremmer made no reference to the meeting with the minister or published any comments about the conversation. The report was written and published before the end of the Davos meeting. The text does not reflect his opinion on the meeting,” said the consultancy.

Bremer's statement is troubling in light of the international implications of these actions. The president of one of the largest political risk consultancies in the world reversed his position on Brazil in letters he sent to clients at the end of last year and beginning of this year, when he said that “there was no structural political risk” at home. Bremmer also highlighted the success of Haddad's trip to Davos, recalling that one of the tasks of the Minister of Finance and Minister of the Environment Marina Silva (Sustainable Development Network) at the forum was to reaffirm Brazil's commitment to combating extremism in order to strengthen Lula's ability to govern.