Brazilian prosecutors have taken a bold step by filing a lawsuit against Chinese automaker BYD, accusing the company of serious labor rights violations. This high-profile case brings urgent attention to growing concerns over labor practices in Brazil’s fast-growing electric vehicle industry
UK Chancellor Jeremy Reeves spotlights encouraging signs of economic recovery, but he also acknowledges rising public frustration over soaring inflation and stagnant wage growth-underscoring the tough challenges that lie ahead for government policy
The United States and China are gearing up to meet in London on Monday for pivotal trade talks, aiming to ease ongoing tensions and explore fresh opportunities for collaboration amid persistent economic disputes, Reuters reports
Russia delivers a stark warning about the fading nuclear arms pact with the US, calling their relationship “ruined” and shutting down any hope for renewed cooperation. Amid rising tensions, the future of vital arms control agreements now hangs precariously in the balance
Argentina’s inflation is set to ease to 28.6% by year-end, Reuters reveals. This encouraging decline marks a significant shift from earlier highs, showcasing the government’s relentless efforts to stabilize the economy amid ongoing challenges
As Spain faces an escalating housing crisis, Madrid’s authorities are turning abandoned ghost towns into vibrant, affordable communities. This daring move not only eases urban overcrowding but also ignites a fresh wave of economic revival in these once-forgotten areas
Brazil has just secured an impressive $2.75 billion in its second dollar bond offering of 2025, Reuters reports. This robust demand reflects a surge in investor confidence, as the country’s credit default swaps (CDS) have fallen to their lowest level in a year, signaling optimism about Brazil’s financial future
China has dramatically tightened export controls on rare earth minerals-crucial building blocks for the electronics and defense industries. This bold strategy highlights Beijing’s growing influence amid rising global trade tensions, sending shockwaves through supply chains worldwide, Reuters reports
Scientists in Japan have unveiled a revolutionary plastic that disappears in seawater within hours, presenting a game-changing breakthrough in the fight against ocean pollution and marine waste, researchers announced on Thursday
Thailand’s poultry industry is on the brink of a thrilling surge, fueled by Brazil’s bird flu outbreak that’s reshaping the market and boosting demand for Thai exports. As feed costs fall, production is accelerating, solidifying Thailand’s position as a powerhouse in the global arena
The US has pressed pause on raising tariffs on UK steel and aluminum, signaling exciting progress as both nations sprint toward a swift trade agreement. This move highlights growing cooperation amid ongoing negotiations, Reuters reports
China’s factory activity stumbled in May, weighed down by rising US tariffs. This downturn underscores growing hurdles for the manufacturing sector amid ongoing trade tensions, Reuters reports
At a recent Asian summit, Europe firmly resisted US proposals, showcasing starkly contrasting approaches. Meanwhile, tensions flared as India and Pakistan clashed once more, bringing ongoing regional hostilities into sharp focus, Reuters reports
Exclusive: Miner Vale has missed the critical deadline to secure power connections for its expanding nickel complex in Brazil, putting production targets at risk and clouding the project’s timeline with uncertainty
Japan stands firm against making easy concessions on U.S. tariffs and is committed to pushing negotiations forward in June to ease trade tensions, Reuters reports. Both countries are working hard to achieve a fair and balanced agreement as discussions move ahead
Coinbase has been linked to a major customer data leak in India, sources told Reuters. This breach reportedly exposed sensitive user information, raising urgent questions about the security of the cryptocurrency platform. Investigations are now actively underway
Japan has launched an ambitious economic policy roadmap aimed at boosting domestic ownership of Japanese Government Bonds (JGBs). This bold move seeks to enhance financial stability and reduce reliance on foreign investors, Reuters reports
UK Prime Minister Keir Starmer raised urgent concerns as the situation in Gaza “worsens by the day,” urging swift humanitarian aid and stronger diplomatic efforts to address the rapidly escalating crisis, Reuters reports
Former President Donald Trump has accused China of breaking their trade agreement and announced a bold plan to double tariffs on steel and aluminum imports, intensifying the trade war between these two economic powerhouses
Germany’s defense minister revealed that upcoming arms shipments to Israel will hinge on developments in Gaza, signaling a careful and measured stance amid the escalating conflict, Reuters reports
