Bloomberg President Jair Bolsonaro said, without providing evidence, that Brazil’s highest electoral authorities stole votes in previous elections and will do it again in the 2022 presidential contest unless congress approves his proposal to reintroduce paper ballots. The allegations are the latest in a series of unsubstantiated vote-fraud claims made by the far-right leader. They come just as opinion polls ...

Bloomberg China’s central bank cut the amount of cash most banks must hold in reserve, a move that went further than many economists had expected and suggested growing concerns about the economy’s faltering recovery. The People’s Bank of China (PBOC) will reduce the reserve requirement ratio by 0.5 percentage point for most banks, according to a statement. That will unleash ...

Bloomberg India’s central bank set a coupon of 6.10% for the new 10-year bond sale, higher than that of the current benchmark, signaling a slight tolerance for higher yields after months of trying to cap them at 6%. The government sold 140 billion rupees ($1.9 billion) of the new bond as part of a 260-billion rupee sale, the Reserve Bank ...