The UN's Economic Commission for Latin America and the Caribbean (ECLAC) has downgraded its 2025 growth forecast to 2%, adding to a chorus of international institutions painting a bleak outlook for the region.
The expanded BRICS alliance has emerged as a potent diplomatic force at its foreign ministers’ summit in Rio de Janeiro on April 28 ahead of the July meeting.
Global military spending hit $2.7 trillion last year, according to the latest data by the Stockholm International Peace Research Institute (SIPRI), Statista reports.
Leaders of more than a dozen countries, including China’s President Xi Jinping and European Commission President Ursula von der Leyen, gathered virtually last week for high-level climate talks ahead of the Brazilian COP30.
Economic expansion for region projected to be slowest globally as external pressures mount
Capital markets are essential for driving economic activity, providing mechanisms for raising funds and allocating resources efficiently. The stability of these markets and the financial institutions that intermediate them are critical.
Global public debt is set to rise to 95% of GDP this year and will continue to climb in the next years to top 100%, says the IMF.
Ukraine has recalled its ambassador to Brazil without naming a successor, leaving its embassy in Brasília under a chargé d’affaires until at least 2026, the foreign ministry confirmed.
Rice, the most widely consumed grain in the world, is likely to become increasingly toxic as global temperatures and carbon dioxide levels rise, according to new research published in The Lancet on April 17.
After enduring a prolonged and unprecedented series of shocks, the global economy appeared to have stabilized, with steady yet underwhelming growth rates, the International Monetary Fund said in its latest World Economic Outlook.
Chinese tech major Huawei is targeting Brazil's energy storage sector ahead of the country's first battery auction expected in the second half of this year.
The 4th BRICS Employment Working Group (EWG) Meeting concludes in Brasília today, following three days of discussions focused on artificial intelligence, digital transformation and just transition in the world of work.
A new global economic paradigm is taking shape as major economies pivot towards policies rooted in narrow national self-interest, a shift that political analysts at Oxford Economics believe will have lasting repercussions.
Latin America's economy is slowing, with Mexico at the centre. The IMF slashed its 2025 forecast, citing US tariffs, global tightening, and rising geopolitical tensions.
Who will attend Putin’s Victory parade on May 9? The guest list will be a barometer of Russia’s standing in the world and how far he has got in building an alternative international community in the Global South.
Brazilian airline Gol has pushed back the deadline for investors to analyse its proposed $1.9bn financing package, citing market volatility created by US President Donald Trump's recently announced tariffs.
When destination countries tighten migration and refugee policies, it has economic ripple effects elsewhere, the International Monetary Fund (IMF) said in a blog. Migration has always been an integral part of humanity’s history and success.
Latin American leaders gathered in Honduras on April 9 to condemn United States trade measures during the ninth summit of the Community of Latin American and Caribbean States (CELAC).
Trump's trade war unexpectedly boosts Latin America, with investors spotting fresh opportunities in a reshuffled global economic landscape.
Brazil's agricultural sector is bracing for mixed impacts from newly announced US tariffs, with analysts suggesting the country could emerge relatively advantaged despite the blanket 10% levy.