Brazil’s real reached its weakest level against the dollar since its introduction in 1994, driven by investor frustration with President Lula’s spending cuts. The currency depreciated by 2.8% to 6.26 per dollar, losing 23% in value this year. Despite government efforts to shore up finances, concerns remain over inflation and economic stability as Congress debates key spending restrictions.
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Arrest of South Korea’s former spy chief sheds light on martial law conspiracy
South Korean authorities arrested retired military intelligence commander Noh Sang-won for his alleged role in President Yoon Suk-yeol's failed attempt to impose martial law, revealing a network of loyalists involved in the self-coup. Noh, former head of the Defence Intelligence Command, was taken into custody after refusing to attend a court hearing on evidence tampering and fleeing charges. Opposition lawmakers claim Noh assisted Defence Minister Kim Yong-hyun in drafting the martial law decree, which was...
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