In the World

Brazil elections: Whoever wins, debt reigns

Lula wins in Brazil with 51.8% of the vote

Luiz Inácio Lula da Silva, leader of the Workers’ Party and acting President of Brazil, re-elected his presidency yesterday, October 25, after securing more than 64.2 million votes in the second round of the presidential election—51.8% of the votes cast—compared to the 59.8 million votes obtained by his opponent, the leader of the Liberal Party, Flávio Nantes Bolsonaro. Polls pointed to a very tight result and almost a technical tie….

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US CPI gives no cause for concern, easing by 1/10 percentage point in July to 3.4%

The US CPI for July, the key indicator of the week, came in entirely in line with expectations: month-on-month 0.1% (against 0.1% expected and negative 0.4% previously), month-on-month core 0.2% (compared to 0.2% expected and against 0.0% previously), year-on-year 3.4% (against 3.4% expected and against 3.5% previously) and core year-on-year 2.5% (against 2.5% expected and against 2.6% previously). Report by Intermoney On Wednesday, we saw the week’s key figure, the…