Brazil: effects of the current turmoil on energy
Political turmoil, caused in part by the ongoing Lava Jato investigation, has magnified the effects of the commodity downturn and severely affected the economy. As the country struggles with one of the worst recessions in decades, uncertainty plagues consumer and investor confidence preventing the country from entering a sustainable recovery. The energy sector has found itself at the core of the crisis. What is the current outlook and what are the opportunities going forward?