President Luiz Inácio Lula da Silva renewed his criticism of Brazil’s central bank for failing to lower borrowing costs, saying Brazilian society can no longer stand the Selic benchmark rate at 13.75%.
The hardline CGT union, which has been among the forces driving months-long protests against Emmanuel Macron’s plans for pensions reform, agreed to meet with his prime minister.
Alcoholic shots are not on the menu when Japanese Prime Minister Fumio Kishida visits Seoul for a landmark summit, according to South Korea’s presidential office.
Charles III was crowned king, ending his seven-decade wait in a gilded spectacle marking a turning point for the UK and the monarchy as it attempts to adapt to the current era of technological and social change.
Former Italian Prime Minister Silvio Berlusconi addressed his party faithful Saturday in a video recorded at the Milan hospital where he’s been receiving treatment since early April — railing against Communism and comparing his party to a religion.
Follow us at @BloombergUK and on Facebook, and wrap up your day with The Readout newsletter. Hello from London, and unless you’ve been living under a rock, you will know that King Charles III and Queen Camilla were crowned today in a display of pageantry that only the British could conjure up (full disclosure: your correspondent hails from the colonies.)
Yevgeny Prigozhin, the founder of Russia’s Wagner mercenary group, renewed a threat to pull his forces from the battlefield near Bakhmut in eastern Ukraine because of an ammunition shortage.
Charles III arrived at Westminster Abbey to end his seven-decade wait to be crowned king, part of a gilded spectacle celebrating the monarchy’s medieval roots and attempting to position it to survive the current era of technological and social change.
Rishi Sunak’s UK Conservatives lost hundreds of local council seats in a bruising first election for the prime minister, a result that suggests the ruling party is in danger of losing power in a national vote that’s expected next year.
Vietnam’s Communist government “resolutely” opposes Australia’s issuance of coin sets depicting the flag of the country’s defeated US-backed southern regime and asks Canberra to halt their distribution.
