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Monday, October 26, 2026Updated 23:19 UTC

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Brazil’s real sinks after Lula’s re-election victory

Source: Al Jazeera · Oct 26, 2026 18:27 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Investors react to Lula's victory with a sharp decline in the real and concern over increased spending and fiscal challenges.

Read the full story at Al Jazeera

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to Al Jazeera.