EconomicUnited States·27 Oct 2026
Vale Shares Fall 3.23% in New York; Rio Tinto Gains 0.36%
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Following the re-election of Lula, Brazilian financial markets experienced a significant downturn on October 26, 2026, with the Ibovespa index falling 13.88% and the dollar rising 8.79% against the real. Brazilian iron-ore miners faced losses, as Vale dropped 3.23% in New York and CSN Mineração fell 6.21% in São Paulo. Conversely, global miners Rio Tinto…
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Rio Times
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