
Brazil’s central bank interest rate-setting committee, Copom, unanimously voted on Wednesday to lower its benchmark Selic rate by 25 basis points to 14.25%, a level last seen in May 2025, but acknowledging a tougher inflation outlook given the risks from election-year fiscal stimulus and the impact of a likely El Nino weather pattern shock.

Brazilian President Luiz Inácio Lula da Silva on Wednesday asked his US counterpart, Donald Trump, not to interfere in Brazil's elections, a matter he stressed is exclusive to Brazil, just as his country does not seek to meddle in the electoral processes of the United States. The demand was a response to remarks Trump had made about Brazil hours earlier.

Former deputy Eduardo Bolsonaro, son of former president Jair Bolsonaro, was sentenced on Tuesday to four years and two months in prison by Brazil's Supreme Court for coercing the justice system through his lobbying of the United States government to impose sanctions against the country. The sentence would be served under a semi-open regime and automatically entails his political disqualification.

Brazilian President Luiz Inácio Lula da Silva on Tuesday criticized the resurgence of protectionism and unilateralism during the G7 summit, arguing that those practices worsen the inequalities between rich and developing countries. Protectionism and unilateralism are now resurfacing as fallacious responses to the complexity of our problems, he said in his address at the meeting, held in the French city of Évian, in an apparent reference to Donald Trump's government, according to the transcript released by the Brazilian Presidency.

São Paulo's stock exchange closed on Monday down 0.42%, dragged by the plunge of the state oil company Petrobras after the international crude price fell, linked to the preliminary agreement between the United States and Iran. The Ibovespa, the benchmark index of Latin America's main exchange, ended the session at 170,415 points.

Two helicopters flying over Rio de Janeiro collided in mid-air on Sunday morning and crashed into an urban area of the city, in an accident that left six people dead, the fire department confirmed. All the victims were traveling in the aircraft. Among them were US singer Oliver Tree and Argentine YouTuber Gaspar Prim, known as Gaspi.

Argentine YouTuber Gaspar Prim Díaz, known as Gaspi, 23, was one of the six people who died on Sunday in the collision of two helicopters over Rio de Janeiro. Brazilian authorities released the names of the victims in the afternoon, following the accident in the Recreio dos Bandeirantes neighborhood, in the west of the city.

The Constitution, Justice and Citizenship Committee (CCJ) of Brazil's Chamber of Deputies approved on Wednesday, by 44 votes to 18, the constitutional amendment proposal seeking to reduce the age of criminal responsibility from 18 to 16. The approval, however, is only the first step in a long process before the measure could become law.

Brazil temporarily suspended the dengue vaccination campaign it began in January, after detecting two deaths and several cases of serious adverse reactions. The vaccine, the world's first single-dose shot, was developed by the Butantan Institute in São Paulo and had already been given to half a million people through the public health system. Health authorities stressed that there is not yet enough data to link the deaths to the product and that the interruption is a preventive measure.

Brazilian President Luiz Inácio Lula da Silva on Tuesday rejected the US government's argument that Brazil engages in “unreasonable” practices in the bilateral relationship, arguing that it is Washington that runs a trade surplus with his country. If anyone should impose tariffs, he said, it would be Brazil.º