BRAZIL NEWS
School assembly news headlines October 27: Top national, international, business, sports updates
On October 27, significant news from India includes Prime Minister's warning about cyber terrorism and a cyclone alert. The Indian Army has refuted claims regarding Chinese control in Arunachal Pradesh. In international news, Saudi coalition intercepted a missile, and Brazil's left-wing leader won a surprising victory. Indian sports updates include preparations for the T20I series against New Zealand. Lastly, Pakistan has defeated England by one wicket after a notable performance.
India’s ‘dear friend’ is back in power in Brazil, and a $30 billion trade opportunity is on the table
Prime Minister Narendra Modi congratulated Brazilian President-elect Luiz Inácio Lula da Silva on his re-election, pledging to deepen the India-Brazil Strategic Partnership. Bilateral trade rose 25% to $15.21 billion in 2025, with Lula setting a target of $30 billion.
Lula wins a historic fourth term, but Bolsonaro's refusal to concede clouds Brazil's political future
Senator Flavio Bolsonaro has questioned the legitimacy of President Luiz Inacio Lula da Silva's election results following the recent elections. Despite trailing by over 4 million votes, Bolsonaro plans to challenge the results, which is unlikely to succeed. Lula's victory defies both polling predictions and global sentiments against incumbents in Latin America. However, Lula faces numerous challenges with a Congress that includes many Bolsonaro supporters.
Top 7 equity mutual funds deliver over 30% CAGR since last Diwali. Have you invested in any?
In the latest analysis by ETMutualFunds, the top seven equity mutual funds have recorded an impressive over 30% CAGR since last Diwali. Leading the pack, the Nippon India Taiwan Equity Fund delivered an astonishing return of approximately 87.36%. Other noteworthy performers included ICICI Pru Strategic Metal and Energy Equity FoF, alongside HSBC Brazil Fund. However, it's important to note that some ICICI Prudential funds faced significant losses.
'I feel so happy!': Ecstasy, relief among Brazil's Lula supporters
Thousands of Brazilians celebrated Luiz Inacio Lula da Silva’s presidential election victory over right-wing rival Flavio Bolsonaro in Sao Paulo, waving national flags and chanting slogans. Lula secured 51.8% of the vote against Bolsonaro’s 48.2%, with supporters hailing the result as a victory for democracy, workers and minorities.
Brazil presidential election results: Five economic challenges facing re-elected President Lula
Brazil's economy is encountering significant challenges as President Lula starts his fourth term in January. Soaring public debt and rising mandatory spending limit budget flexibility, complicating fiscal management. High interest rates and persistent inflation hinder economic growth, impacting household and business debt levels. Lula's ability to implement reforms may be constrained by a conservative Congress, complicating his agenda.
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Lula, Bolsonaro trade barbs over cost of living in final debate before Brazil runoff
Brazilian Senator Flavio Bolsonaro and President Luiz Inacio Lula da Silva engaged in a heated debate on cost of living. Both candidates aimed to win over undecided voters ahead of a tight election runoff. Bolsonaro criticized Lula's past while emphasizing his proposals for security and welfare. Lula defended his minimum wage increases and highlighted progress in reducing hunger in Brazil.
Fed sneezes, but emerging markets aren't catching a cold yet: McGeever
Emerging markets are displaying surprising economic resilience in light of the Federal Reserve's tightening measures. Stronger fiscal fundamentals and high bond yields provide emerging market central banks with greater flexibility. Some countries are even considering rate cuts, which may not have been possible in the past. Investor sentiment is shifting towards emerging markets as they are viewed more favorably compared to developed economies.
Giant 'heat storms' are scorching the Earth. This is the story of the biggest one on record
Heat storms have increased dramatically, causing severe global consequences including excess deaths and environmental catastrophes. Recent heat storms have been identified as a new classification, representing larger and more persistent heat events. The intensity of these heat storms has worsened due to climate change and greenhouse gas emissions. Associated weather patterns have significantly disrupted ecosystems and agriculture worldwide.
Brazilian man sells belongings, travels 2,000 km to meet woman he hoped to marry, but she was not real
A Brazilian bricklayer sold his belongings and travelled nearly 2,000 km to meet a woman he believed was his future wife, only to discover that she was an AI-generated character on TikTok. Edimar Martins, 49, ran out of money after failing to find her and received assistance to return home. The person behind the account denied speaking to him or inviting him to travel.
Meta employees said Lula's accounts were hindered during Brazil election: Report
The messages also acknowledged that the platform recommended the profile of challenger Flavio Bolsonaro, as well as his WhatsApp channel, according to the report.
NYT, AFP, The Economist join 40+ publishers to stop AI firms monetising content without permission
Over 40 publishers have united in the SPUR coalition to protect their content from unauthorized AI usage. This initiative includes prominent outlets like The New York Times and the Financial Times. Recent legal actions have aimed at stopping AI companies from using copyrighted materials for training purposes. SPUR is also working on ways for publishers to track content usage and enforce licensing.
AI latest update: Why are New York Times, Agence France-Presse, The Economist joining over 40 publishers in coalition against Artificial Intelligence usage?
OpenAI and its backer, Microsoft, also face similar copyright claims from prominent authors and news organizations, including the New York Times.
ET Evoke: ‘Shipping, moving 80% world trade, is far more volatile than stocks,’ says Harvard University's Myrto Kalouptsidi
Myrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and Ukraine can sharply reduce effective fleet capacity, trigger volatile freight rates and raise goods prices. She also discusses empty ships, global trade imbalances, China’s shipbuilding dominance and climate change risks to maritime infrastructure.
Brazil election: Bolsonaro’s son Flavio surges as father’s political comeback gathers pace
Jair Bolsonaro, the former president of Brazil, remains under house arrest while his family gains political power. His son Flavio Bolsonaro won a surprising victory in the presidential election's first round. The right-wing Liberal Party saw significant success, indicating growing public support despite Jair's legal challenges. The new Congress will prioritize potential amnesty for Jair Bolsonaro in the upcoming session.
After 11 World Cups, football finally comes home for one Indian fan
Dipak Nandy, a 77-year-old football enthusiast, is counting down the days to Brazil's highly anticipated friendly match against India in Kolkata. With 11 World Cups under his belt since 1986, he has vivid memories of seeing icons like Diego Maradona and Zinedine Zidane. Nandy acknowledges India’s difficulties in football due to its diverse culture and management issues yet expresses no regrets over his extensive involvement in the sport.
‘India’s biotech ecosystem holds tremendous promise’: Eli Lilly CEO
Eli Lilly has experienced significant growth, reaching a market capitalization over $1 trillion. The company aims to maintain its leadership in anti-obesity drugs through ongoing innovation and development. With successful trials for drugs like retatrutide and Foundayo, Lilly is expanding its product offerings. The company recognizes the importance of India as a growing market for healthcare investments and partnerships.
Captain Gurpreet wants India to be brave in international friendlies vs Brazil, Uruguay and Panama
Gurpreet Singh Sandhu and the Indian football team are focusing on their upcoming matches against Panama, Brazil, and Uruguay. They see these fixtures as opportunities to gain valuable experience against top-level opponents. With Sunil Chhetri's retirement, younger forwards are encouraged to seize their chances during these important games. Sandhu emphasizes the need for a brave approach in possession and a strong team effort.
Macron says France, US to 'act together' to ease energy market tensions, protect Strait of Hormuz
French President Emmanuel Macron said France and the US have agreed to work together to ease energy-market tensions, protect critical infrastructure in West Asia and ensure freedom of navigation in the Strait of Hormuz. His remarks came as Iranian officials arrived in New York for the UN General Assembly amid regional tensions.
Kamala Harris steps up midterm campaigning as 2028 ambitions remain in focus
Kamala Harris is increasing her campaign appearances for Democrats while considering a presidential run. Her visits to Michigan, Nevada, and Georgia are strategically important for the party. These appearances could shape perceptions of her future White House prospects. Some Democrats believe it is time for new leadership within the party. Harris has stated her current focus remains on the midterm elections.
School Assembly News Headlines, September 15, 2026: Top national, international, business, sports updates and thought of the day
Today’s school assembly news headlines (September 15): Due to unfavourable weather conditions, the Adi Kailash Yatra in Uttarakhand has been postponed until September 20. Meanwhile, Uruguay's Foreign Minister commended India’s effective leadership during the BRICS Summit, praising Prime Minister Modi's role. Union Home Minister Amit Shah encouraged the promotion of Indian languages and applauded the Vande Mataram rule. In the global aviation sector, airlines are advocating for increased competition in used jet engine parts.
PM Modi holds bilateral meeting with Abu Dhabi Crown Prince on sidelines of 18th BRICS Summit
Prime Minister Narendra Modi met Abu Dhabi Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan. This meeting occurred on the sidelines of the 18th BRICS Summit in New Delhi. The UAE's recent membership in BRICS was a key discussion point for both leaders. Discussions focused on strengthening the Comprehensive Strategic Partnership between India and the UAE.
The world wishes it had a 'diesel printer' as two wars push fuel to the brink
The world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global trade. Diesel prices have hit record highs, with US retail prices crossing $6 a gallon, up from about $3.50 at the start of the year.
'Breakthrough', 'good move': Several foreign journalists covering BRICS Summit welcome New Delhi Declaration
Foreign journalists covering the BRICS Summit in Delhi welcomed the New Delhi Declaration. Some called the consensus document a breakthrough while others described it as a good move. The declaration addressed global governance and promoting peace through dialogue and diplomacy. It also highlighted practical cooperation and the role of the New Development Bank. BRICS leaders also condemned terrorism and backed India's call for zero tolerance.
Modi, Xi meet in Delhi, call for stable ties as India-China thaw gathers pace
Indian Prime Minister Narendra Modi and Chinese President Xi Jinping met at the BRICS summit. They discussed repairing ties strained by a deadly border clash six years ago. Both leaders reaffirmed commitment to a fair settlement of the boundary dispute. They also explored expanding people-to-people and business ties between the nations. This meeting marks another effort toward a cautious thaw between the rival neighbors.
BRICS Summit: Xi Jinping arrives in Delhi after 7 years; PM Modi meeting to test India-China reset
Chinese President Xi Jinping arrived in New Delhi for the 18th BRICS Summit. He will hold talks with Prime Minister Narendra Modi on the summit's sidelines. This marks Xi's first visit to India in nearly seven years. China aims to enhance cooperation and manage differences with India. The summit addresses global issues and BRICS cooperation development.
Sweet trouble: Sugar prices surge to 17-month high as govt warns mills against festival hoarding
Raw sugar futures have reached their highest level since March 2025. Strong Indian import demand and Brazilian supply disruptions are driving these gains. India has opened a tax-free import quota to meet domestic needs. The government warns mills against unjustified price increases during festivals. El Niño and oil prices also influence the global sugar market.
Meta tests fact-check replacement in Latin America
Meta said Wednesday it had begun testing Community Notes in 16 Spanish-speaking countries in Latin America, a step toward replacing the professional fact-checking program it runs with partner organizations across the region.is among the fact-checking organizations that participate in Meta's program in Latin America and elsewhere.
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