Brazil’s central bank cut its benchmark interest rate Wednesday for a third straight time, shrugging off inflationary pressures in a positive development for President Luiz Inacio Lula da Silva as he seeks reelection. The so-called Selic rate, one of ... »»»

BRASILIA, June 18, 2026 (BSS/AFP) - Brazil's central bank cut its benchmark interest rate Wednesday for a third straight time, shrugging off inflationary pressures in a positive development for President Luiz Inacio Lula da Silva as he seeks reelection. The so-called Selic rate, one of the highest »»»

Brazil’s central bank began a cycle of rate cuts in March after nearly two years of maintaining the status quo but grew cautious as war shook the Middle East. (AFP pic) BRASILIA: Brazil’s central bank cut its benchmark interest rate Wednesday for a third straight time, shrugging off inflationary pr»»»

MEXICO CITY (Sputnik) - Brazilian President Luiz Inacio Lula da Silva has postponed his planned visit to Washington for the second half of March due to the Iranian conflict, Agriculture Minister Carlos Favaro announced. "[President Lula] asked me to accompany him on this trip, which was supposed to»»»