
Brazil votes next Sunday in a presidential election that arrives with the Supreme Federal Court mired in its worst institutional crisis since the return to democracy, the right's candidate formally under investigation in the same case, and the two leading contenders tied within the margin of error in every poll.

Neither of Brazil's two leading presidential candidates is approaching the threshold needed to win outright on October 4, according to the latest Datafolha poll, which puts President Luiz Inácio Lula da Silva on 40% of voting intentions and Senator Flávio Bolsonaro on 36%.

Brazilian President Luiz Inácio Lula da Silva warned the United Nations General Assembly on Tuesday that his country will not allow domestic or foreign actors to undermine the October 4 election, in a speech combining a defence of national sovereignty with a broader critique of the multilateral system.

Brazil has moved from a largely emerging framework toward a national system for fixed-odds wagering, giving consumers a single federal reference point. Law 14,790 of 2023 established the core framework, as the Ministry of Finance's Secretariat of Prizes and Betting became responsible for authorization, supervision and enforcement. From January 2025, only federally authorized companies can operate nationally, creating a clearer baseline for consumers nationally in practice. That provides consistency.

Brazil heads into the October 4 general election with a growing economy and unemployment at record lows, but with one debate dominating the campaign's final stretch: the cut in public spending that analysts and business leaders agree will fall to whoever wins, whether President Luiz Inácio Lula da Silva or Senator Flávio Bolsonaro.

With presidential elections in two weeks’ time, Brazil’s central bank cut its benchmark interest rate for the fifth straight time. The bank lowered the so-called Selic rate from 14% to 13.75%, and is part of a cycle that began in March after almost two years of rate hikes.

Brazil is expected to harvest a record 361.7 million metric tons of grains and fibers in the 2025/26 crop year, according to the latest estimate from Conab, the country’s food supply and crop agency.

Brazilian Supreme Court justice André Mendonça, rapporteur in the Banco Master case, on Tuesday lifted the secrecy order on a Federal Police report of more than two hundred pages containing messages sent by businessman Daniel Vorcaro, the bank's owner and currently in pre-trial detention, to his fellow justice Alexandre de Moraes.

Senator Flávio Bolsonaro, the Liberal Party's presidential candidate and Luiz Inácio Lula da Silva's main rival in October's elections, met on Sunday in São Paulo with El Salvador's justice and public security minister, Gustavo Villatoro, and announced he will incorporate into his programme measures inspired by President Nayib Bukele's security policy.

HMS Bulwark is to be sold to the Brazilian Navy, ending more than two decades of service with the Royal Navy, as UK focus turns to the future of amphibious assault ships.