Friday, August 29, 2025
Economy
Brazil Central Bank holds interest rate as tariffs loom
Brasília (AFP) - Brazil's Central Bank on Wednesday held its benchmark interest rate steady at 15 percent, citing "uncertainty" as...
Brazil Central Bank holds interest rate after seven straight hikes
Brasília (AFP) - Brazil's Central Bank on Wednesday held its benchmark interest rate steady at 15 percent after seven straight...
Trump punishes Brazil with tariffs, sanctions over trial of ally Bolsonaro
Washington (AFP) - President Donald Trump ordered massive tariffs on Brazil Wednesday and sanctions against the judge overseeing a trial...
Trump hits India with 25% tariff and ‘penalty’ over Russia ties
Washington (AFP) - US President Donald Trump said Wednesday that imports from India will face 25 percent tariffs, while also...
‘Class war’: outsiders moving to Puerto Rico trigger displacement
Cabo Rojo (Puerto Rico) (AFP) - Gloria Cuevas thought she would live forever in her pink, century-old house on Puerto...
HSBC banks lower profits on higher costs
London (AFP) - Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but...
India exporters steel themselves as tariff clock ticks down
Mumbai (AFP) - Indian exporters were bracing Wednesday for higher US tariffs to kick in as prospects dim for an...
Mercedes-Benz welcomes EU-US deal after profits plunge on tariff woes
Frankfurt (Germany) (AFP) - A new trade deal struck between the United States and European Union is good news despite...
Ryanair says dropping three French airports over ‘harmful’ tax
Paris (AFP) - Irish no-frills airline Ryanair said on Wednesday it was dropping three French airports over a "harmful" tax...
Mercedes-Benz profit plunges on tariff, China woes
Frankfurt (Germany) (AFP) - Premium German carmaker Mercedes-Benz said Wednesday its second-quarter profit plunged nearly 70 percent due to US...
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