Amid rising U.S. tariffs triggered by Trump’s trade war, Brazil’s Lula and India’s Modi are forging a stronger alliance, tapping into new markets and boosting collaboration to overcome economic hurdles and secure lasting growth
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Former U.S. Treasury Secretary Larry Summers raises concerns about Bessent’s proposed rescue plan for Argentina, highlighting the unpredictable challenges of the nation’s deepening economic crisis, Bloomberg reports
Baker Tilly Germany is considering selling a stake to private equity, Bloomberg reports. This bold strategy aims to supercharge growth and expand their service portfolio, positioning them strongly amid rising competition in the accounting industry
Japan is facing a growing labor shortage and urgently needs foreign workers to bridge the gap. However, rising far-right opposition is fueling resentment and resistance against immigration policies, making it increasingly challenging to address the country’s workforce needs
Glencore has landed a $395 million lifeline from the Australian government to keep its smelter humming. This vital support aims to protect jobs and give the local economy a much-needed boost amid challenging industry conditions
Sanctions-hit Nayara Energy has reignited its fuel sales to Brazil and Turkey, making a bold strategic move to reclaim market share amid mounting geopolitical challenges, Bloomberg reports. This marks a pivotal milestone in the company’s ambitious push for a global trade comeback
Turkey is ramping up efforts to strike a rare earths supply deal with the US, following sluggish talks with China and Russia. As global supply chain uncertainties mount, Turkey is determined to secure these critical minerals, Bloomberg reports
Italy is about to embark on an extraordinary journey: constructing the world’s longest suspension bridge, a visionary project long delayed by political and financial hurdles. Now, experts are weighing in-could this daring dream finally become a reality?
Sanae Takaichi’s rise sparks a fiery debate: Will she transform Japan with daring Thatcher-style reforms, or falter like Truss? Her leadership could redefine Japan’s political and economic future at this critical moment
Bessent emphasizes currency swaps as the smarter choice over direct cash aid, as Argentina works to stabilize the peso amid persistent economic challenges. This strategy aims to bolster reserves without increasing debt, signaling a savvy new approach to managing the crisis
Nations are reevaluating their commitments ahead of the Brazil climate summit as soaring costs strain budgets. Delegates face tough choices in the midst of these financial hurdles, decisions that could ultimately determine the success of this pivotal negotiation
China’s ambitious green initiatives have ignited a wave of enthusiasm in ESG investing. However, investors remain cautious, highlighting ongoing concerns over transparency and enforcement gaps. Genuine market confidence will only emerge with clearer regulations and stronger accountability measures
LG Electronics is gearing up to raise a staggering $8.7 billion by taking its India unit public in an upcoming IPO, Bloomberg reports. This bold move is set to tap into the booming Indian market and supercharge the company’s growth across the region
A candidate backed by Giorgia Meloni is pulling ahead in a fiercely contested local election in Italy, signaling potential shifts in the region’s political landscape, reports Bloomberg.com
Big industrial farms are rapidly expanding across the Amazon, fueling deforestation at an alarming rate and threatening its incredible biodiversity. As Bloomberg reports, this surge highlights the urgent need for stronger environmental protections to safeguard this vital region
Brazil’s Braskem has enlisted financial advisers to explore dynamic opportunities for optimizing its capital structure, aiming to strengthen its balance sheet and enhance financial flexibility, according to sources cited by Bloomberg
Western diplomats have delivered a powerful warning to Russia: NATO is prepared to shoot down any warplanes that breach its airspace, Bloomberg reports. This urgent alert underscores the escalating tensions amid ongoing regional conflicts
Trump’s steel tariffs are sparking a surge of counterattacks from US neighbors targeting China, ramping up trade tensions like never before. These daring moves highlight shifting alliances in the heart of a fierce global economic showdown
Russia’s aggressive interference in Moldova’s elections threatens the very core of the nation’s democracy. Through relentless disinformation campaigns and cyberattacks, it seeks to manipulate voters and destabilize the pro-Western government
Air Canada has slashed its profit forecast following a costly cabin crew strike that erased $270 million in earnings, Bloomberg reports. This significant disruption delivered a severe blow to the airline’s financial performance