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Shoppers in the Liberdade neighborhood of Sao Paulo, Brazil, on Sunday, Nov. 16, 2025. Brazil's September activity data may flag the first quarterly GDP contraction after 16 straight expansions. Photographer: Maira Erlich/Bloomberg via Getty Images

Shoppers in the Liberdade neighborhood of Sao Paulo, Brazil, on Sunday, Nov. 16, 2025. Brazil's September activity data may flag the first quarterly GDP contraction after 16 straight expansions. Photographer: Maira Erlich/Bloomberg via Getty Images