Master and Maduro: the opposition's bets and other weekly topics

BRAZIL POLITICS - Report 12 Jan 2026 by Murillo de Aragão and Cristiano Noronha

President Lula (PT) will sign, this week, the 2026 Federal Budget and the bill creating the Management Committee of the Goods and Services Tax (IBS). Both texts were approved by the National Congress in December. Two presidential election polls are set to be released—by Boas Ideias Inteligência em Pesquisa and by Genial/Quaest.

This week's Talking Points:

- Lula ends 2025 with his lowest level of support in the Lower House.

 - Master and Maduro: the opposition's bets.

- This year's electoral process will follow rules similar to 2022.

 - The Finance Ministry's agenda in Congress in 2026.

 - The electoral potential of ministerial candidates.

- Venezuela and January 8 likely to have limited appeal beyond the electoral bases.

Now read on...

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