President Luiz Inacio Lula da Silva’s key nominee to Brazil’s central bank said financial markets have already priced in interest rate cuts this year and that his arrival to the board of the institution would not speed up the beginning of the easing cycle.
Turkish commercial lenders pushed up the cost of buying dollars on the interbank market after the central bank asked them to minimize foreign currency sales to companies ahead of Sunday’s presidential election.
Poland’s ambassador to Hungary lashed out at the country’s new army chief over comments defending Prime Minister Viktor Orban’s call for peace talks over Ukraine, in which he claimed that World War II could have been stopped with negotiations.
Britain’s ability to to cut inflation in half by the end of the year isn’t a given, Rishi Sunak’s spokesman said, casting doubt on the achievement of one of the UK prime minister’s five key promises to voters.
Anti-abortion politicians and activists are coalescing around early gestational limits that providers say could deny care to up to 90% of patients
The European Union needs to work with allies to reduce the risks from China’s rise as a global power, but shouldn’t be drawn into a zero-sum contest between Washington and Beijing, according to a new draft paper by the bloc’s foreign policy chief.
The European Union shouldn’t prevent China from becoming a world power and should focus instead on managing how Beijing uses its new might, the bloc’s foreign policy chief said.
India’s top court ruled that the previous government of Maharashtra, the country’s wealthiest state, cannot be reinstated, a respite for the current ruling alliance that has the support of Prime Minister Narendra Modi’s party.
The European Union is weighing a plan that would require cloud providers to store all of their data within the bloc in order to qualify for its highest cybersecurity certification.
The Biden administration is cracking down on planet-warming pollution from the US electric sector with proposed requirements that would force the nation’s coal plants and largest gas-fired units to stifle nearly all their carbon dioxide emissions.
