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Brazil markets rattled by report linking Flavio Bolsonaro to disgraced banker

Brazil markets rattled by report linking Flavio Bolsonaro to disgraced banker

SAO PAULO, May 13 (Reuters) - Brazilian financial markets reeled on Wednesday as traders pointed to a report alleging ties between Senator Flavio Bolsonaro and a scandal-plagued banker, with some speculating it could tip the balance of a close presidential race.

Brazil's Lula scraps tax on imports under $50 before election

Brazil's Lula scraps tax on imports under $50 before election

BRASILIA, May 12 (Reuters) - Brazil's President Luiz Inacio Lula da Silva on Tuesday signed an executive order to eliminate federal taxes on foreign purchases worth up to $50, reversing course on a highly unpopular levy as he gears up to seek re-election in October.

Brazil's beloved instant payment system faces scrutiny from the Trump administration

Brazil's beloved instant payment system faces scrutiny from the Trump administration

Brazil may be politically divided but people across the spectrum all love the country's instant payment system

Brazil's April inflation matches forecasts despite growing external risks

Brazil's April inflation matches forecasts despite growing external risks

SAO PAULO, May 12 (Reuters) - Brazil's inflation was in line with market expectations in April, official data showed on Tuesday, with the 12-month rate remaining within the central bank's target range even as policymakers warn of risks from the Middle East conflict.

NFL sends 49ers back to Mexico City in Week 11 after Melbourne opener on 9-game international slate

NFL sends 49ers back to Mexico City in Week 11 after Melbourne opener on 9-game international slate

The San Francisco 49ers will bookend the NFL’s largest ever international slate by playing the 2026 season opener in Melbourne against the NFC West rival Los Angeles Rams and facing the Minnesota Vikings in Week 11 in Mexico City

Armed conflict last year in Colombia hit civilians the hardest in a decade, Red Cross says

Armed conflict last year in Colombia hit civilians the hardest in a decade, Red Cross says

The International Committee of the Red Cross reports that armed conflict in Colombia over the past year has inflicted the worst impact on civilians in a decade

Residents of Haiti's Cite Soleil demand protection after gang violence displaces hundreds

Residents of Haiti's Cite Soleil demand protection after gang violence displaces hundreds

Residents of Port-au-Prince’s Cite Soleil district have staged a protest to seek the protection of local authorities after gang violence forced hundreds of people to flee their homes over the weekend

West Virginia voters navigate new law requiring photo IDs at polling places in primary election

West Virginia voters navigate new law requiring photo IDs at polling places in primary election

West Virginia residents have cast votes for the first time since legislation passed last year that requires they present a valid photo ID in order to vote

Mexico's Sheinbaum denies reports of CIA operations there while CNN stands by report

Mexico's Sheinbaum denies reports of CIA operations there while CNN stands by report

Mexican President Claudia Sheinbaum denies a CNN report that the CIA conducted deadly operations in Mexico

Lula's consumer debt initiative did not expand credit, Brazil's BTG says

Lula's consumer debt initiative did not expand credit, Brazil's BTG says

By Marcela Ayres BRASILIA, May 11 (Reuters) - Brazilian President Luiz Inacio Lula da Silva's flagship consumer debt renegotiation program did not expand credit for beneficiaries, BTG Pactual said in a report on Monday, possibly explaining why the effort failed to boost his popularity ahead of

Brazil Court Suspends Law Affecting Bolsonaro Term

Brazil Court Suspends Law Affecting Bolsonaro Term

The Supreme Court of Brazil has suspended a law that would have significantly reduced the prison sentence of former President Jair Bolsonaro. Bolsonaro is currently serving a 27-year sentence for his involvement in plotting a coup following his loss in the 2022 election. The law, which was passed in December and later vetoed by President Luiz Inacio Lula da Silva, was enacted in April by Bolsonaro's allies. It aimed to reduce the waiting period for sentence reductions and significantly cut jail time for those convicted of plotting coups. Justice Alexandre de Moraes ordered the suspension of the law until a full hearing on its constitutionality is conducted. The suspension halts any recalculations of sentences under this law until the Supreme Court makes a final decision.

New wave of gang violence in Haiti displaces hundreds

New wave of gang violence in Haiti displaces hundreds

A new wave of gang violence in Haiti has forced hundreds to flee, leaving them scattered along a road near the main airport