Latest news with #LuladaSilva
Yahoo
20-02-2025
- Politics
- Yahoo
Brazilian president accuses Trump of seeking to be "emperor of the world"
Brazilian President Luiz Inácio Lula da Silva has criticised his US counterpart, Donald Trump, for wanting to become "emperor of the world". Source: AFP Details: Lula da Silva stated that Trump's actions show that "he is trying to become emperor of the world". Quote: "He is trying to chime in on all countries and in all public policies." AFP highlights that Lula da Silva's remarks came after Trump criticised Ukrainian President Volodymyr Zelenskyy, calling him "a dictator without elections" and blaming him for Russia's invasion of Ukraine. Lula da Silva urged the US president to respect the sovereignty of other nations. Support Ukrainska Pravda on Patreon!
Wall Street Journal
27-01-2025
- Business
- Wall Street Journal
Brazil's Central Bank Expected to Hike
Brazil's central bank is likely to keep raising interest rates and take the Selic benchmark rate to 15% this year, according to the median forecast in the bank's weekly survey of analysts. They see inflation accelerating nonetheless, to end 2025 at 5.5% and remain above the bank's 3% target until 2028. The BCB is expected to hike by a full point this week, taking the Selic to 13.25%. It will be the first meeting led by Gabriel Galípolo, an economist nominated by Brazil's leftist president Lula da Silva. Some analysts worry Galípolo would lower rates before inflation is stabilized at 3%.
