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Brazil April inflation hits 26-year high

AFP

Brazil’s inflation rate hit a 26-year high for the month of April, the government said Wednesday, as spiraling prices continued to defy the central bank’s push to rein them in.

The national statistics institute, IBGE, said inflation in the 12 months through April rose to 12.13 percent, the highest since 2003 and well above the central bank’s target of 3.5 percent.

The rate for April came in at 1.06 percent, the highest for the month since 1996, IBGE said.

That was worse than the forecast of one percent by analysts polled by business daily Valor.

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Food prices were the main inflation driver in April, rising more than two percent.

Fuel prices remained an underlying factor, up more than 33 percent in the past year.

“The strength of price pressures is likely to keep policymakers at the central bank concerned,” William Jackson, chief emerging markets economist at consulting firm Capital Economics, said in a note.

Brazil’s central bank has been on one of the most aggressive monetary tightening cycles in the world, rapidly hiking the key interest rate from two percent in March 2021 to 12.75 percent currently.

But inflation has so far remained stubbornly high, hurting Brazilians’ wallets — and President Jair Bolsonaro’s popularity as he gears up to seek reelection in October, trailing leftist ex-president Luiz Inacio Lula da Silva (2003-2010) in the polls.

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International

King Charles III to visit the U.S. on first state trip since taking the throne

King Charles III and Queen Camilla will undertake a state visit to the United States on the recommendation of the British government, Buckingham Palace announced on Tuesday, adding that further details will be released at a later date.

The visit aims to highlight the historic ties and current relationship between the United Kingdom and the United States, as both countries prepare to mark the 250th anniversary of American independence in 2026.

The trip is expected to take place at the end of April and follows U.S. President Donald Trump’s visit to the United Kingdom last year, which sought to strengthen bilateral relations.

This will be Charles III’s first state visit to the United States since ascending to the throne in 2022, although he previously traveled there 19 times as Prince of Wales.

By comparison, Queen Elizabeth II made four state visits to the United States—in 1957, 1976, 1991, and 2007—while U.S. presidents have carried out four state visits to the United Kingdom since 1952, in 2003, 2011, 2019, and 2025.

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Following the U.S. trip, the monarch is also expected to travel to Bermuda, marking his first official visit to the territory since becoming head of state.

The visit comes amid tensions between the two countries due to differences between President Trump and British Prime Minister Keir Starmer over the war in Iran. Starmer has reiterated that the United Kingdom will not take part in the conflict, although it will defend its interests and support allies in the Persian Gulf.

Trump has criticized that stance, urging countries not involved in the military campaign to act decisively, stating that “the hardest part is already done.”

The trip also follows a request by U.S. Congressman Ro Khanna, who called on the king to meet privately with victims linked to convicted sex offender Jeffrey Epstein during his stay.

The case has also involved the king’s brother, Prince Andrew, who has faced scrutiny over his past associations with Epstein. The former royal, stripped of his titles and honors, has denied any wrongdoing despite ongoing allegations and investigations.

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Leopoldo López thanks Spain for fast-track citizenship but says “I am still Venezuelan”

Venezuelan opposition leader Leopoldo López expressed gratitude on Tuesday to the Government of Spain after being granted Spanish citizenship through an expedited process, following the revocation of his Venezuelan nationality by the administration of Nicolás Maduro.

Speaking in Madrid, López acknowledged the gesture but admitted having mixed emotions. “I am grateful to the Spanish government for granting me citizenship, but I have mixed feelings, as do millions of Venezuelans who have had to leave their country. It is not easy,” he said.

The opposition figure highlighted Spain’s role as a refuge for Venezuelans, while emphasizing that his identity remains unchanged. “Spain has been, for me, my family, and hundreds of thousands of Venezuelans, a homeland away from home. That does not mean we stop being Venezuelan. I am Venezuelan, I carry Venezuela in my heart, and everything I have done has been for Venezuela,” he added.

López requested Spanish nationality after the Venezuelan government stripped him of his citizenship in October, accusing him of promoting a “military invasion,” a move that left him effectively stateless.

Initially, he applied through the standard process in late 2025 but, unable to meet the requirements, later sought nationality through a special mechanism known as “carta de naturaleza,” with the support of Spain’s foreign minister, José Manuel Albares.

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To support his application, López submitted documentation from the Inter-American Court of Human Rights, which determined that he had been a victim of political persecution, arbitrary detention, imprisonment, and other actions by the Venezuelan government.

“For me, this has been a long journey. The persecution by the dictatorship against me began many years ago. I was banned, persecuted, censored, imprisoned, and sentenced to 14 years in prison. I had to escape from Venezuela, from prison,” he said.

Spain’s decision to grant him citizenship through an exceptional procedure was justified by his “very special situation,” including the lack of documentation and legal status.

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International

White House says Cuba policy unchanged despite sanctioned fuel shipment

The White House said Monday that it has not changed its policy toward Cuba, despite allowing a sanctioned Russian oil tanker to deliver fuel to the island on humanitarian grounds.

U.S. officials emphasized that the decision was made as an exception and does not signal a broader shift in policy.

The administration added that similar decisions would be evaluated on a case-by-case basis, depending on humanitarian considerations.

The clarification comes amid ongoing restrictions related to U.S. sanctions policy, which continue to limit trade and financial flows involving Cuba.

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