Argentina’s libertarian firebrand Javier Milei has seized key seats in Congress, igniting the path for a daring reform agenda. Riding a wave of momentum, he is now laser-focused on building alliances to push through sweeping economic and political changes
Belarus is gearing up to deploy Russia’s state-of-the-art Oreshnik missile system this December, TASS reported, citing official sources. This daring move underscores the deepening military partnership between the two countries amid rising regional tensions
China’s latest five-year plan makes a surprising move by leaving out electric vehicles, highlighting a strategic shift amid a growing industry oversupply. As manufacturers struggle to balance production with demand, this decision marks a major change in policy, Reuters reports
Italy’s central bank is urging local banks to strengthen their reserves, gearing up for possible losses amid tough economic times. This proactive step underscores the critical push to safeguard financial stability amid persistent uncertainties, Reuters reports
India’s BPCL is set to launch a spot crude oil tender designed to replace Russian supplies, a source told Reuters. This bold step underscores India’s determination to diversify its crude oil sources amid the shifting dynamics of the global energy market
Gold prices plunged over 2%, sinking to a three-week low as optimism grows around easing US-China trade tensions. With diplomatic ties warming, investors are turning away from gold’s safe-haven status. This sharp decline underscores a surge in market confidence, Reuters reports
China’s Foreign Minister held a pivotal conversation with U.S. Senator Marco Rubio ahead of the eagerly awaited Trump-Xi summit, aiming to ease tensions and ignite meaningful dialogue between the two global giants, Reuters reports
The UK government is gearing up to dramatically cut the tax-free savings allowance in the upcoming November budget, Reuters reports, citing The Telegraph. This bold strategy aims to increase revenue amid mounting economic challenges
German business activity soared to its highest level in over two years this October, driven by strong expansion in both manufacturing and services, according to the latest Purchasing Managers’ Index (PMI) data released by Reuters
Toyota is reportedly preparing to export US-made vehicles to Japan, NHK reveals. This bold strategy signals a major shift in their supply chain approach amid escalating trade tensions and aims to cut production costs, according to Reuters
India’s RBI is gearing up to roll out fresh limits on banks’ exposure to capital markets and acquisition financing, aiming to tighten risk controls and strengthen financial stability, Reuters reports. Stay tuned for the latest updates!
US and China signal easing tensions, igniting a powerful rally across global markets. Oil prices soar on upbeat demand forecasts, fueling investor excitement. Traders remain alert as shifting geopolitical dynamics reshape the economic landscape. Reuters reports
Canada’s factory sales are set to soar by 2.8% in September, according to a Statscan flash estimate reported by Reuters. This striking increase signals a powerful surge in manufacturing activity, underscoring the strong momentum driving the ongoing economic recovery
Petrobras and Equinor stole the spotlight in Brazil’s latest pre-salt auction, securing major offshore oil blocks that promise to reshape the energy landscape. This thrilling development underscores a booming wave of interest and investment in the country’s vast deepwater reserves, Reuters reports
ECB President Lagarde has enthusiastically backed Germany’s ambitious plan to establish a European stock exchange-a strategic move aimed at boosting market integration and supercharging the EU’s financial ecosystem, Reuters reports
Russia has confirmed that preparations for the eagerly awaited Putin-Trump summit are in full swing, Reuters reports. Officials reveal that both the agenda and logistics are being carefully finalized as the much-anticipated talks draw near
Japan’s likely next finance minister is signaling possible shifts in monetary policy, sparking both excitement and uncertainty among yen bears. Market experts are gearing up for moves that could strengthen the yen, challenging the recent downward momentum
Brazil’s Petrobras has just received the green light from the government to begin oil drilling near the mouth of the Amazon River, sparking intense environmental alarm over the threats posed to this delicate and crucial ecosystem
Japan’s Economy Minister Takaichi passionately urged the Bank of Japan to focus on achieving inflation by ensuring steady wage growth, emphasizing that boosting household income is key to powering a robust economic recovery
Brazil’s bar and restaurant sales have plunged sharply following a sudden surge in beverage poisoning cases, a recent survey reveals. This alarming health crisis is rattling consumer confidence and delivering a heavy blow to industry revenues nationwide
