The World Bank cut Brazil’s 2026 GDP growth forecast from 2.0% to 1.6% in its April Latin America Economic Outlook, citing the Iran conflict’s oil shock and restrictive monetary policy. Brazil now ranks 22nd out of 29 Latin American and Caribbean economies — behind Guyana (16.3%), Paraguay (4.4%), Suriname (4.0%), Panama (3.9%), Guatemala (3.7%), Argentina, Costa Rica, and the Dominican Republic (all 3.6%) [...]