Santander, Telefónica, Iberdrola, Aena and Mapfre, Spanish companies most exposed to institutional instability in Brazil

2018 Brazil elections are taking place in a particularly challenging environment

Alphavalue /Divacons | The current political instability in Brazil could harm Spanish companies with an interest in the country. The police have regained control of Congress, the presidential palace, and the Supreme Court after the violent invasion carried out by supporters of Jair Bolsonaro. However, and despite the fact that Bolsonaro has distanced himself from the actions of the protestors, the political tension continues. Among the Spanish companies most exposed are Santander, Telefónica, Iberdrola, Aena and Mapfre.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.