Fiscal package and Mercosur-European Union agreement dominate attention

The last summit, held on July 8, took place without the presence of Javier Milei, from Argentina, but he confirmed his presence in Montevideo. THE The concern of Brazilian diplomacy is a possible alliance between Argentina and Donald Trumpwhich could bring negative results for Mercosur. On the other hand, the election of Yamandú Orsi in Uruguay, and the economic interests in common with Brazil and Paraguay could isolate Milei from next year.

In Brasília, the Senate plenary must analyze and vote on the tax measures presented by minister Fernando Haddad last week. And the Constitution and Justice Commission scheduled the discussion of the PEC that allows the sale of Union land on the beachfront.

On Tuesday, the IBGE releases GDP data for the third quarter. Analysts expect economic activity to show greater growth compared to the previous period. In the second quarter, Brazilian Gross Domestic Product growth was 1.4%.

In Sports, emphasis on the last week of the Brazilian Championship. Botafogo and Palmeiras are fighting decisive duels to define the championship title. Palmeiras will face Cruzeiro and Fluminense, and Botafogo will face Internacional and São Paulo in the last two rounds. Formula 1 also ends the season at the Abu Dhabi Grand Prix on Sunday.

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