Brazil

Brazil's economic woes mean more bad news for Jair Bolsonaro

Bolsonaro. Photo: Evaristo SA/AFP/Getty Images

Brazil’s economy contracted in the first quarter of 2019, raising the prospect of another recession in Latin America’s largest country, per the BBC.

Why it matters: This is more bad news for President Jair Bolsonaro, who had promised to revive an economy that has limped out of a damaging recession in 2015–2016.

Swamped: As domestic reform fails, world leaders take on the globe

Illustration: Aïda Amer/Axios

The change promised by the wave of leaders who rose to power around the world since President Trump's 2016 election often hasn't materialized, forcing them to make waves internationally instead of draining their respective swamps.

The big picture: It's not just Trump whose domestic agenda has stalled out. Both Brazilian President Jair Bolsonaro's far-right policies and French President Emmanuel Macron's technocratic centrism are struggling to move forward at home.