52 confirmed dead, 20 missing after flash floods devastate Indonesia’s Sumatra Island

Brazil’s Foreign Minister Mauro Vieira addressed concerns with Israel’s Ambassador Daniel Zonshine on Israel’s reaction. The issue arose after Israel criticized President Luiz Inácio Lula da Silva for comparing the Gaza Strip’s actions to the Holocaust. This has led to his designation as “persona non grata” within Israel. Reports from GloboNews and CNN Brasil indicate […]

Brazil’s economic policy framework, established after the Real Plan’s success in combating hyperinflation, rests on three pillars: inflation targeting, primary surplus, and floating exchange rates. This approach, initiated under President Fernando Henrique Cardoso and continued in Lula’s first term, proved effective in taming hyperinflation and boosting economic growth. The 2007/2008 global financial crisis, however, exposed […]