Luiz Inacio Lula da Silva, Brazil's president, left, and Fernando Haddad, Brazil's finance minister, at the Planalto Palace in Brasilia, Brazil, on Thursday, May 9, 2024. Haddad rolled out a plan worth 50.9 billion reais ($9.9 billion) to help millions of people hit by devastating floods in the nation's south as investors keep a wary eye on spending. Photographer: Andressa Anholete/Bloomberg via Getty Images