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Debts are strangling Brazilian families despite a slight economic improvement

2 October 2026 at 15:28

Never before have so many Brazilians held a job, but never have so many families — eight out of 10 — been strangled by debt. Paying it off consumes a third of household budgets in Latin America’s largest economy. And it is there that much of the discontent weighing on Luiz Inácio Lula da Silva’s electoral prospects is born. His 2022 promise that, with him in power, the glorious days of the picanha, the grilled meat, the Sunday barbecue, would return remains a dream for most. For his compatriots, the cost of living is too high. Paying the bills is often impossible, even though the president insists unemployment is at a historic low (5.3%), inequality is falling, and inflation is under control.

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© NurPhoto (NurPhoto via Getty Images)

Municipal Market of Sao Paulo, Brazil

A fake story about the Virgin of Aparecida, patron saint of Brazil, marks the end of the presidential campaign

29 September 2026 at 13:12

A fake story, with the Virgin of Aparecida, patron saint of Brazil, as an unwitting protagonist, has sparked a major controversy and poisoned the final stretch of the electoral campaign in Brazil. The contention, which harms Bolsonarismo, grew until it drew the direct intervention of the two leading candidates — President Luiz Inácio Lula da Silva and Flávio Bolsonaro — the Bishops’ Conference, and the Supreme Court. Since Thursday night there have been statements, official notes, mutual accusations, and conflicting judicial rulings. The falsehood, which continues to circulate on social media, could affect an election that promises to be extremely close.

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© Miguel Schincariol (Getty Images)

Tribute to Our Lady of Aparecida at the Basilica of the National Shrine, in Aparecida, São Paulo, on Thursday, October 12, 2023.
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