Brazil's supreme court has prevented Jair Bolsonaro from running again in the 2026 presidential election, yet the former president and his team are hoping the incoming Trump administration might help.

Brazil's annual inflation came in slightly below market forecasts in December but still ended 2024 above the upper limit of the central bank's target range, with policymakers tightening monetary policy as they vow to bring prices back to their goal.

Brazil consumer price rises are expected to have gained traction in December as energy and goods costs fell less than in the previous month, a Reuters poll showed. In November, power bills dropped sharply due to big cuts in surcharges for lower hydroelectric output related to a drought earlier in 2024.

Brazilian authorities are gathering in capital Brasilia to mark the second anniversary of an alleged coup attempt by supporters of former far-right President Jair Bolsonaro.

Electric vehicle producer BYD brought hundreds of Chinese workers on irregular visas to build a factory in Brazil, a key labor inspector told Reuters on Tuesday, adding the company has pledged to comply with local labor laws for the workers remaining in the country.

Brazil’s industrial output fell for the second straight month, signaling that tight financial conditions are taking toll on the credit-dependent sector as the central bank prepares to take interest rates even higher.

A soccer-loving nun from Brazil is believed to have become the world’s oldest living person at nearly 117 following the recent death of a woman from Japan.

Hilal in 2024 and pocketed billions of shillings. The Brazil star spent most of 2024 recovering from an ACL injury he suffered in 2023.

With just 12 wins and one head coach employed between them, the Cleveland Browns, Jacksonville Jaguars and New York Jets will be glad to see the back of 2024. They can at least look forward to a change of scene in 2025.

Last but not least, buy Nu Holdings stock like there's no tomorrow simply because it's undervalued. Shares soared in 2023 and 2024, when many investors first began stumbling across this hidden gem following the end of the COVID-19 pandemic.

A judge in Brazil has now fined Apple and Google for distributing, in their respective app stores, FaceApp: an app that seemingly doesn't care for user privacy. A few years ago, FaceApp stormed the internet with curious and slightly creepy AI-powered ways to get you to age or change your hair color without actually doing it in real life.

Q4 2024 saw high levels of volatility in the market, but many of our investments worked out as expected. Click here to read the full fund letter.