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Lula’s narrow victory matters far beyond Brazil. It represents Brazil’s place in a fractured world while questioning whether the country can finally convert extraordinary potential into prosperity. But the message from voters and a right-leaning legislature is clear: political history and ideological loyalties are no substitute for delivery.
Jim Chalmers argues economic security and bolstering supply chains would benefit consumers
Oil rose and Asian equities were lower as the spotlight returned to Middle East geopolitical developments after artificial-intelligence jitters eased.
Stephen Hubbard’s release is welcome, but it doesn’t change Russia’s hostility to U.S. interests.
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