America Brazil This month the Central Bank used contractionary monetary policy in order to raise interest rates by one percent to tame the nation’s rising inflation; this is the most the country’s Central Bank has increased interest rates in the past 18 years
America Brazil Oil exploration near the Amazon has received support by President Lula, who argued it can fund green energy projects; widespread environmental concerns and criticism fears it could undermines Brazil’s role as a climate leader ahead of hosting COP30
America Brazil Brazilian President Lula da Silva warned that any US tariffs on Brazilian products would be met with reciprocal measures, emphasizing a relationship based on mutual respect; US President Donald Trump had previously threatened new trade restrictions
America Brazil Brazil's government condemned the US for deporting 88 Brazilians in handcuffs on a flight lacking water and AC, calling it a "flagrant disregard" for human rights, and demanded an explanation from the Trump administration
America Brazil Brazil’s Supreme Court has denied former president Jair Bolsonaro’s request to travel to Donald Trump’s inauguration, ruling that he remains a flight risk due to ongoing investigations into his alleged coup and other charges