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Latin Trade • Sept, 2005 • 10 YEARS AGO IN LATIN TRADE

In Brazil, no two bedfellows could be odder than the table-thumping left-wing Workers Party (PT) and the expansionist capitalistic bank Bradesco. But in an effort to make a little money for the struggling socialists and even more for Brazil's largest private bank, the two have combined to issue a Worker Party affinity card. The PT Visa card, featuring the party's famed red star, is one for the party to raise funds to make up for last year's money-losing presidential campaign. The PT is at a low point after Luiz Inacio Lula da Silva blew what looked like a sure-thing presidency for the party. With Brazilians supporting Henrique Cardoso and his plans to adopt free-market economic reforms, Lula and the PT are increasingly being seen as a thing of the past.


COPYRIGHT 2005 Freedom Magazines, Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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