A Reuters investigation reveals a startling truth: nearly every farmer affected by Brazil’s Soy Moratorium has illegally cleared land, raising serious questions about the policy’s effectiveness in stopping deforestation in the Amazon rainforest
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Australia’s financial watchdog has taken a bold step, ordering Binance’s local unit to undergo a thorough audit amid growing worries over potential money laundering activities, Reuters reports. This decisive move aims to strengthen regulatory compliance and bring greater transparency to the market
A U.S. appeals court has handed a significant victory to Argentina, blocking the sale of shares in YPF, the state-backed oil powerhouse. This ruling puts a temporary stop to any shifts in ownership as the fierce legal battles over control of YPF continue to escalate
Kenya is poised for a surge in economic growth in 2025, fueled by a significant yen-denominated loan secured from Japan, Reuters reports. This vital funding will drive major infrastructure and development initiatives, strengthening the dynamic partnership between the two countries like never before
Indian Oil and BPCL have reignited their Russian oil purchases for September, sources told Reuters, marking a bold strategic shift as global sanctions continue to disrupt supply chains. This move highlights India’s agile energy strategy in the face of escalating geopolitical tensions
Huge wildfires in Spain are finally starting to stabilize as cooler weather moves in, offering a much-needed breath of relief and renewed hope that the worst may be over. Firefighters continue to stand strong on the front lines, courageously battling the flames amid these improved conditions, Reuters reports
Italy has arrested a Ukrainian national suspected of playing a key role in the Nord Stream pipeline attacks, German prosecutors confirmed. This arrest marks a significant breakthrough in the ongoing investigation into the sabotage
A UK council has secured approval to relocate asylum seekers from a hotel, responding to ongoing anti-immigration protests. This move aims to ease tensions and provide a safer environment for all, Reuters reports
Russia is ramping up efforts to expand LNG exports to India, aiming to strengthen energy ties amid shifting global markets, Reuters reports. This move underscores India’s growing demand for cleaner energy alternatives in the region
Australia’s banking regulator has delivered a powerful warning: rising geopolitical tensions may trigger a wave of cyber attacks aimed at financial institutions. In light of this, banks are being called upon to strengthen their cybersecurity defenses and stay one step ahead of these growing global risks
India and China envoys held pivotal talks focused on preserving border peace and enhancing trade cooperation. This crucial dialogue aims to reduce tensions and strengthen bilateral relations amid ongoing regional challenges, Reuters reports
Exclusive: Nvidia is reportedly developing a cutting-edge AI chip tailored exclusively for the Chinese market, set to deliver performance that surpasses its H20 model, sources told Reuters. While details remain limited, excitement is building around this powerful new innovation
China’s top diplomat Wang Yi urged China and India to embrace partnership over rivalry, emphasizing that cooperation and mutual respect are key to boosting regional stability, Reuters reports
Google has agreed to pay a staggering $36 million fine over anti-competitive agreements with Australian telecommunications companies, Reuters reports. This significant penalty shines a spotlight on troubling unfair market practices in the region
Italy’s Mediobanca has just received the green light from the European Central Bank to acquire Banca Generali, a bold move poised to turbocharge its wealth management division, Reuters reports. This deal marks a significant milestone in the dynamic consolidation of Italy’s banking sector
Germany has urgently urged the Israeli government to halt all settlement construction in the West Bank, warning that ongoing expansion not only jeopardizes peace efforts but also violates international law, Reuters reports
China emphatically reaffirmed that the Taiwan issue is an exclusively internal matter, delivering a sharp rebuttal to former U.S. President Trump’s comments. Beijing highlighted its steadfast commitment to national sovereignty and issued a powerful warning against any attempts at foreign interference
Britain has dropped plans for extra border checks on animals following major breakthroughs in UK-EU trade talks, Reuters reports. This move promises to ease disruptions and unlock a smoother path for post-Brexit trade between the UK and the EU
Japan’s government has strongly dismissed allegations that the U.S. is pressuring the Bank of Japan to raise interest rates. Yet, as global inflation concerns intensify, investors remain on high alert, scrutinizing every decision from the BOJ and keeping markets tense
Brazil is actively teaming up with Canada to revive the stalled Mercosur trade deal, aiming to turbocharge bilateral trade and strengthen economic ties, Reuters reports. These talks are zeroing in on breaking through long-standing barriers to breathe new energy into this vital partnership