Banco Master scandal adds pressure to Brazil's presidential race
A major banking scandal is adding uncertainty to Brazil's presidential race as voters prepare for the first round of the presidential election on Sunday. The case centres on Banco Master, a mid-sized lender whose rapid expansion has now become part of a wider political dispute. The scandal has touched figures across Brazil's political and business establishment, creating fallout for both the centre-left and the far right.President Luiz Inacio Lula da Silva, 80, is seeking an unprecedented fourth term and is currently described as the frontrunner. His main challenger is Senator Flavio Bolsonaro, 45, the eldest son of former President Jair... [Continue Reading]
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Chagos sovereignty deal stalls amid fears of further delays
Renewed talks over the stalled UK-Mauritius agreement on the Chagos archipelago have revived hopes of eventual resettlement, but many displaced Chagossians say time is running out. In Mauritius, campaigners described the delay as deeply painful for older islanders who fear they may never return to their homeland. The treaty, signed in May 2025, has still not entered into force.The agreement would transfer sovereignty over the archipelago to Mauritius while allowing the United Kingdom to retain rights over the Diego Garcia military base for an initial 99-year period. It also provides for the resettlement of Chagossians on islands other than Diego... [Continue Reading]

