BRASILIA, Brazil — Luiz Inacio Lula da Silva retakes the helm of Latin America’s largest democracy promising to bring back the economic inclusion and prosperity that marked his first two terms in Brazil’s highest office between 2003 and 2011.
It won’t be easy: Brazil grew more politically polarized over the past two decades, with trust in his Workers’ Party eroded by corruption scandals. The world also became a tougher place for emerging-market countries, and particularly those with unresolved fiscal issues.
The leftist leader’s inauguration started Sunday in Brasilia with a parade through the esplanade of ministries and a first stop at the National Congress, where the 77-year-old politician will be sworn in and deliver his first speech as president.
