LatinNews Daily - 03 November 2026

BRAZIL: Lula allies downplay fiscal concerns

Brazil by Sarah Sheldon 03 November 2026 Modified: 03 November 2026 33 views

On 2 November allies of Brazil’s recently re-elected President Luiz Inácio Lula da Silva downplayed fiscal concerns and reiterated criticism of the country’s high benchmark interest rate (Selic), which stands at 13.75%.

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