Lula vs Bolsonaro kicks off

The frontrunners for Brazil's presidential elections just launched their campaigns on Sunday, ahead of what's shaping up as a race tighter than your jeans after Carnival.
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The frontrunners for Brazil's presidential elections just launched their campaigns on Sunday, ahead of what's shaping up as a race tighter than your jeans after Carnival.
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OMAN
President Trump has threatened to bomb Oman (the long-standing US security partner opposite Iran) if it “gets in the way” of an Iran deal. Trump later dialled down the rhetoric, insisting he’s not yet lost patience with Muscat, which is negotiating with Tehran to reopen Hormuz. Meanwhile, the fragile 60-day US-Iran ceasefire has now formally lapsed. (BBC)
MEXICO
The Mexican banking affiliates of BoA, Santander, BBVA, Citi, Deutsche, and HSBC have agreed to pay a cool $86M to settle a long-running US lawsuit over rigging (via private chatrooms) the market for Mexican government bonds. Everyone denies wrongdoing. (Mexico Business News)
VIETNAM
Google has told suppliers it’ll stop making all Pixel smartphones, watches, and earbuds in China from 2027, shifting to Vietnam and India. (Nikkei)
GREECE
The Greek foreign ministry has slammed Turkey’s establishment of two national marine parks which — according to Athens — infringe on Greece’s continental shelf. (The National Herald)
CANADA
The Canadians are bracing for a fresh round of 50% US tariffs due tomorrow (Wed) on a range of items from cement to hockey gear. (CBC)
UNITED STATES
Reports from Hong Kong’s South China Morning Post claim Pete Hegseth is “on the verge of losing his job” due to President Trump’s mounting frustration over the stalled Iran conflict and ongoing Pentagon controversies (like crew welfare aboard the USS Abraham Lincoln). (SCMP $)
ZAMBIA
President Hichilema has won a second five-year term with more than 61% of the vote, handily defeating a divided opposition in a tense election cycle marked by opposition arrests. (Al Jazeera)
CHINA
President Xi is reportedly skipping next month’s annual UN General Assembly in New York, choosing instead to fly straight to DC for his next highly-anticipated summit with President Trump. (Politico)
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