Free Republic 4th Qtr 2026 Fundraising Target: $60,000 Receipts & Pledges to-date: $13,489
22%  
Woo hoo!! And now only $311 to reach 23%!! Thank you all very much!! God bless.

Keyword: braziltruth

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  • Brazilian Markets Crash After Lula’s Surprise Election Win Stuns Investors

    10/26/2026 9:25:08 AM PDT · by E. Pluribus Unum · 33 replies
    The Wall Street Journal ^ | Updated Oct. 26, 2026 12:11 pm ET | Fabiana Negrin Ochoa , Chelsey Dulaney and Renae Dyer
    Investors had hoped for friendly overhauls such as spending cuts and deregulation Brazilian financial assets were swept by a historic rout Monday after the surprise election victory of President Luiz Inácio Lula da Silva wrong-footed investors who had bet on his defeat.The Brazilian real slid more than 10% against the U.S. dollar while the country’s benchmark stock index fell nearly 17%, which would mark a record daily loss. The index’s plunge triggered a circuit breaker, leading Brazil’s stock-exchange operator to temporarily halt trading.Global investors had piled into Brazilian markets in recent weeks after Flávio Bolsonaro—the eldest son of former President...