Lula’s stakes in a Russia-Ukraine ceasefire
5 min readThe peaking threat of recession, limited fiscal space, and utilization of highly destructive weaponry have compelled even the most skeptical of countries to fall back on the diplomacy option and endorse peace. Why should a newly elected Lula presidency be an exception to that trend?
Lula’s visible agenda shift on Ukraine means his country cannot afford to sit back for long as a spectator. A protracted war has pushed energy prices up and contributed to rising instability in the high-growth Latin American region.
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