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Brazil's development bank, BNDES, is considering providing loans to troubled airlines in an effort to alleviate financial pressures and soaring fares. The bank is exploring options to help the airlines secure sufficient collateral, including turning a public aviation fund into a guarantee fund for the loans. Leftist President Luiz Inacio Lula da Silva has instructed his cabinet to find solutions to lower prices and increase accessibility to air travel. The government is also launching a program called Voa Brasil, which will offer discounted tickets to students and retired workers. Rising jet fuel prices, production delays, and currency volatility have contributed to airlines' financial challenges. [Extracted from the article]

With inflation running above 9%, many economists wager a UK recession will be hard to avoid. Keywords: AGR; ALLTOP; BIZWEEK; BON; BRAZIL; BUSINESS; CMD; CORONAVIR; COS; ECOTOP; ELECT; EUROPE; EURTOP; EXE; FIN; FRX; GEN; GLOBALMACR; GOV; INDUSTRIES; LATAM; MARKETS; NORTHAM; NRG; POL; TOP; UK; US; WORLD; WWTOP; WWTOPAM; WWTOPEU EN AGR ALLTOP BIZWEEK BON BRAZIL BUSINESS CMD CORONAVIR COS ECOTOP ELECT EUROPE EURTOP EXE FIN FRX GEN GLOBALMACR GOV INDUSTRIES LATAM MARKETS NORTHAM NRG POL TOP UK US WORLD WWTOP WWTOPAM WWTOPEU (Bloomberg Businessweek) When economies stall, as they're threatening to do almost everywhere, politicians typically inject some fiscal support to turn things around. [Extracted from the article]

Former president currently leads polls for 2018 election Tens of millions of Brazilians rose out of poverty on Lula's watch and former U.S. President Barack Obama once called him the most popular politician on Earth. [Extracted from the article]