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Brazil’s Bolsonaro Speech at Davos Disappoints Investors

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Despite promising to make Brazil ‘one of the 50 best countries to do business’, President Jair Bolsonaro's speech at the World Economic Forum was tepid, not answering the questions foreign investors expected to hear, say critics.

“Unfortunately, the speech does not match the reality of the first 21 days of Bolsonaro administration,” said Executive Secretary of Brazilian entity Climate Observatory, Carlos Rittl.

As one of the largest agribusiness exporters in the world, Brazil’s president also promised to look out of the environment while increasing agricultural production.

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