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The Independent UK
The Independent UK
National
Carla Bridi

Brazil's da Silva announces incoming Cabinet ministers

Copyright 2022 The Associated Press. All rights reserved.

Brazil’s President-elect Luiz Inácio Lula da Silva on Friday unveiled some of the faces that will comprise his incoming administration, including his much-awaited pick for finance minister: former Sao Paulo mayor Fernando Haddad.

Haddad's nomination ends weeks of suspense that have led to stock volatility and ups and downs of the country’s real currency, amid intense pressure from financial markets for da Silva to make his choice known.

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