Lula’s market lure fades after Brazil’s ‘Liz Truss moment’

Lula’s market lure fades after Brazil’s ‘Liz Truss moment’

BRASILIA, Nov 11 (Reuters) – There is growing investor pessimism that Brazilian President-elect Luiz Inacio Lula da Silva will govern with fiscal discipline as the country’s central bank chief likened a market selloff to a “Liz Truss moment for Brazil.” Brazil’s real currency , and Bovespa stock index (.BVSP) both lost around 4% on Thursday, … Read more

Lula’s honeymoon with Brazil markets ends amid spending plan fears

Lula’s honeymoon with Brazil markets ends amid spending plan fears

BRASILIA, Nov 10 (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva’s brief honeymoon with financial markets looked finished on Thursday, as he pushed for more room to grow social spending without setting long-term fiscal rules or naming his top economic policymakers . Brazil’s currency and benchmark Bovespa stock index (.BVSP), which rose last week … Read more

What is Listenbourg? The fake European country meant to fool Americans – National

What is Listenbourg?  The fake European country meant to fool Americans – National

On Oct. 30, a Twitter user posted an innocuous meme poking fun at the fact that some Americans are notoriously bad at geography. Days later, the notion that an extra country exists attached to the Iberian peninsula is going viral and taking Europe by storm. Fans of the Listenbourg meme have catapulted the fictional country … Read more

Trucker blockades in Brazil increase in wake of Bolsonaro election defeat

Trucker blockades in Brazil increase in wake of Bolsonaro election defeat

SAO PAULO, Oct 31 (Reuters) – Truckers who support Brazil’s outgoing President Jair Bolsonaro escalated their protests on Monday, blocking roads in 20 states in an action that could affect agricultural exports in one of the world’s top food producers and cause wider economic chaos. Bolsonaro lost Sunday’s election to leftist former President Luiz Inacio … Read more

Exxon strikes oil again in Guyana with two new discoveries

Exxon strikes oil again in Guyana with two new discoveries

Oct 26 (Reuters) – Exxon Mobil Corp (XOM.N) has made two new discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana, the oil major said on Wednesday, potentially adding more barrels to one of the most closely watched new oil discoveries. Exxon did not disclose how much crude oil or gas … Read more

US charges Russians for shipping military equipment, Venezuelan oil

US charges Russians for shipping military equipment, Venezuelan oil

Russians used German company to ship items -prosecutors Some components found on Ukraine battlefield -prosecutors German company also traded Venezuelan oil -prosecutors NEW YORK/WASHINGTON, Oct 19 (Reuters) – US prosecutors on Wednesday charged five Russian nationals for sanctions evasion and other violations related to shipping military technologies bought from US manufacturers to Russian buyers, some … Read more

OPEC+ members line up to endorse output cut after US coercion claim

OPEC+ members line up to endorse output cut after US coercion claim

US claimed more than one OPEC country coerced into cut Iraq Kuwait, other OPEC+ members, stand by decision Saudi defense minister says decision was purely economic CAIRO Oct 16 (Reuters) – OPEC+ member states lined up on Sunday to endorse a steep production cut agreed this month after the White House, stepping up a war … Read more

Mexico warns Venezuelan migrants not to form caravans

Mexico warns Venezuelan migrants not to form caravans

MEXICO CITY, Oct 15 (Reuters) – Mexico’s government on Saturday moved to discourage the formation of caravans by Venezuelan migrants, saying any who do will not be eligible to enter the United States under a new humanitarian scheme announced this week. Under a plan announced on Wednesday, Washington said it would grant up to 24,000 … Read more

Lula lead narrows to less than 5 points in Brazil election – AtlasIntel survey

Lula lead narrows to less than 5 points in Brazil election – AtlasIntel survey

BRASILIA, Oct 13 (Reuters) – Brazilian presidential candidate Luiz Inacio Lula da Silva’s polling lead over incumbent Jair Bolsonaro has narrowed to less than 5 percentage points, according to a new opinion survey published on Thursday by pollster AtlasIntel. In its first poll since the first-round vote on Oct. 2, pollster AtlasIntel found 51.1% of … Read more

Tropical Storm Julia emerges over Pacific after crossing Nicaragua

Tropical Storm Julia emerges over Pacific after crossing Nicaragua

MEXICO CITY, Oct 9 (Reuters) – Tropical storm Julia emerged over the Eastern Pacific on Sunday evening after pummeling Nicaragua with rain and winds that damaged hundreds of homes but left no reported casualties in that country, according to government officials. Local authorities attributed three deaths in Honduras to the storm, including a young woman … Read more