Yomiuri reports Japan plans to support banks to provide financing for investments aimed at boosting economic growth.

Prime Minister Carney congratulated Lula on his re-election as Brazil’s president, saying Canada-Brazil relations have advanced and urging use of the moment to deepen ties to pursue new trade opportunities, environmental cooperation and greater prosperity for both countries.

Insper political scientist Carlos Melo said anti‑Bolsonaro sentiment outweighed voter concerns about a Lula return in the runoff; falling abstention and strong support in the northeast were key to the result. He said both Lula (first round) and Flavio (second round) were overconfident. Melo flagged Lula’s immediate market‑relevant challenge as assembling a team capable of ensuring effective governance and reengaging business leaders, financial markets, agribusiness and the middle class, saying his current team is insufficient and must be reshaped.