Explore

Reuters Reuters
Peru's new foreign minister eyes stronger US ties as Fujimori takes office

Peru's new foreign minister eyes stronger US ties as Fujimori takes office

By Marco Aquino LIMA, July 31 (Reuters) - Peru will deepen its relations with the United States, which it sees as a "strategic partner," newly-appointed Foreign Minister Carlos Espá said on Friday.    
Reuters Reuters
Brazil's budget deficit nears pandemic-era levels as fiscal concerns linger

Brazil's budget deficit nears pandemic-era levels as fiscal concerns linger

By Marcela Ayres BRASILIA, July 31 (Reuters) - Brazil's overall budget deficit widened to nearly 10% of gross domestic product (GDP) in the 12 months through June, central bank data showed on Friday, reaching its highest level since 2021 as elevated interest costs weighed on public finances.
Reuters Reuters
Brazilian Supreme Court justice authorizes investigation into president's son

Brazilian Supreme Court justice authorizes investigation into president's son

By Ricardo Brito SAO PAULO, July 30 (Reuters) - Brazilian Supreme Court Justice Andre Mendonca has authorized federal police to investigate Fabio Luis Lula da Silva, son of President Luiz Inacio Lula da Silva, over suspicions he improperly helped a lobbyist in dealings with the health ministry, two
Reuters Reuters
Major Brazil conservative party to stay neutral in presidential race, hurting Bolsonaro bid

Major Brazil conservative party to stay neutral in presidential race, hurting Bolsonaro bid

By Ricardo Brito BRASILIA, July 31 (Reuters) - Brazil's Progressives Party, one of the country's largest right-wing parties, said on Friday it would stay neutral in October's presidential election, a significant setback for Senator Flavio Bolsonaro, the strongest conservative contender in the polls,
Reuters Reuters
Exclusive-Trump's powerful but unofficial Venezuela adviser leaves his role

Exclusive-Trump's powerful but unofficial Venezuela adviser leaves his role

By Sarah Kinosian, Gram Slattery and Matt Spetalnick July 31 - An unofficial adviser to the Trump administration who has played a leading role in shaping U.S.
Reuters Reuters
Brazil withholds approval of Trump's ambassador pick, deepening rift with US

Brazil withholds approval of Trump's ambassador pick, deepening rift with US

By Gram Slattery and Lisandra Paraguassu WASHINGTON/BRASILIA, July 30 (Reuters) - The Brazilian government has for weeks withheld the formal diplomatic approval needed for the next U.S. ambassador to take up his post, angering U.S. officials and deepening a rift between the Western Hemisphere's two
Reuters Reuters
Lula says Brazil denied visas to US officials over election meddling concerns

Lula says Brazil denied visas to US officials over election meddling concerns

BRASILIA, July 30 (Reuters) - Brazilian President Luiz Inacio Lula da Silva confirmed his government had denied visas to two U.S. officials who planned to travel to the country, accusing them of seeking to interfere in October's general election.
Reuters Reuters
Lula's payroll loans boom, but Brazilian defaults spike too

Lula's payroll loans boom, but Brazilian defaults spike too

By Marcela Ayres BRASILIA, July 30 (Reuters) - Brazil's payroll-deductible lending program for private-sector workers, part of President Luiz Inacio Lula da Silva's push to expand access to cheaper credit, grew explosively in the first half of the year while also boosting consumer delinquencies.
Reuters Reuters
Risk-averse investors push Brazil debt deeper into interest rate exposure

Risk-averse investors push Brazil debt deeper into interest rate exposure

By Marcela Ayres BRASILIA, July 29 (Reuters) - Brazil's Treasury is increasing its reliance on floating-rate debt tied to the benchmark Selic interest rate as investors shun longer-dated securities amid global volatility and persistent fiscal concerns, official data showed on Wednesday.
Reuters Reuters
S&P says El Niño unlikely to trigger rating changes, for now

S&P says El Niño unlikely to trigger rating changes, for now

By Marc Jones LONDON, July 29 (Reuters) - El Niño is unlikely on its own to lead to sovereign rating downgrades unless the weather phenomenon proves significantly more severe than expected or governments respond with costly support measures, one of S&P Global's top analysts has said.
Rapid Read Rapid Read
Supreme Court Justice Flávio Dino Orders Lula and Legislative Leaders to Outline Emendation Responsibilities

Supreme Court Justice Flávio Dino Orders Lula and Legislative Leaders to Outline Emendation Responsibilities

Supreme Court Justice Flávio Dino has mandated that President Luiz Inácio Lula da Silva and the leaders of Brazil's legislative chambers present a detailed plan within 10 days outlining the responsibilities for the allocation of parliamentary amendments. The plan must identify all agents involved in the expenditure cycle funded by these amendments, specifying their roles and responsibilities. This directive is part of a broader effort to ensure accountability and transparency in the use of public funds. The decision is linked to a legal challenge questioning the constitutionality of the current system of mandatory amendments.