Brazil faces grim fiscal future with debt projected to top 100% of GDP
Brazil’s fiscal picture is rapidly deteriorating, according to a stern assessment from the Independent Fiscal Institution (IFI), a technical advisory…
Greece tops NATO defence spenders as Turkey tensions drive strategic push
Greece is once again among the top NATO defence spenders, with fresh data showing the Mediterranean nation allocated 3.1% of…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Asia’s energy security under threat as Middle East tensions drive up LNG prices
Recent hostilities in the Middle East with Iran and Israel trading strikes, and the US joining the latter in carrying…
EU metal producers push for export curbs on scraps amid US demand surge
Metal producers within the European Union are urging the bloc to implement export duties or restrictions on scrap metal shipments. …
Trump-brokered Israel-Iran ceasefire tested as missile strikes raise tensions
A ceasefire agreement brokered by US President Donald Trump between Israel and Iran was put under immediate strain on Tuesday,…
Trump says Israel jets standing down, Iran’s nuclear rebuild ‘will never’ happen
US President Donald Trump on Tuesday accused both Israel and Iran of violating a recently brokered ceasefire, expressing clear dissatisfaction…
Brazil’s Central Bank signals pause in rate hikes amid persistent inflation concerns
Brazil’s central bank has closed its cycle of monetary tightening, according to the local Monetary Policy Committee (Copom) decision, signalling…
Canada inflation unchanged at 1.7% as core prices ease
Canada’s consumer price index (CPI) remained unchanged in May, offering some reassurance to Bank of Canada (BoC) policymakers concerned about…
Fed Chair Powell signals caution on rate cuts amid tariff uncertainty
Federal Reserve Chair Jerome Powell told legislators on Tuesday that the central bank will need more time to examine whether…