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World at Risk: World Cup could damage Dilma – Nomura

Wednesday, June 04, 2014 - 02:47

June 4 - A tough road ahead for Brazil’s President Dilma Roussef. Hopes of winning the tournament will keep the streets calm for now, but economic issues have not been forgotten, says Nomura’s Alistair Newton.

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I'm outstanding senior political analyst at Nomura international PLC to. It's. Brazil has been subject to civil unrest periodically for eleven months now. The underlying causes of that rest -- of the economic. Have still not been such expert interest. I think that it's called on the streets the stuff of the World Cup Brazilians love soccer of course some say these things in the country's -- religious right right. I'm but what happens it was the oldest -- I think these guys. And let's keep in mind in the quarterfinals is to see teens proved to be accurate reflection of what happens. That draw the plight explain them she would like to potentially challenging. Resulting opt out could see. An uptick in violence on the streets again. Especially bearing in mind that a lot of this that unless Washington has revolved around soccer matches and so the tournament the cost of the woke up. That's been an issue and in that defense still was approval -- sunlight and it's phenomenal. About certain things and support excellence and posting down into opinion polls. We see that there isn't right it misses the satisfaction concern. Over the government's. Inflation in particular problem. This is the main reason why we've seen president -- -- Headline numbers slipping back down towards the that is. They get much -- There is going to be I think some concern about reelection prospects now I think we're a long way away at this stage. From the likelihood that there were being moved one slide and -- running for the team. But what we are saying is still lists for the right things transferring itself. Two other guys particularly that was the right to legitimately by. In many respects to be in -- of Cutler says economic. Reform agenda and would refute our fight for market. On the left compulsive Silva for a formidable you one which markets would probably be very uncomfortable. If we start to see their -- and improving significantly. But they'll let deafening on the threat of the World Cup and since they play.

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World at Risk: World Cup could damage Dilma – Nomura

Wednesday, June 04, 2014 - 02:47