Brazil
Lavrov hits back at Nato’s Rutte, denies Russian plans to invade Europe or attack Nato
Russian Foreign Minister Sergey Lavrov hit back at Nato General Secretary Mark Rutte's claims that Chinese President Xi Jinping could ask Russia to attack Nato to clear a path for China’s occupation of Taiwan, or that it plans to invade Estonia.
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Brazil opens door to Chinese AI investment while avoiding Belt and Road
Brazil and China have unveiled plans for a joint artificial intelligence research facility targeting agricultural development, in a significant expansion of technological cooperation between the two emerging powers.
Global South unity on display at BRICS summit, leaders avoid criticising Russia
The BRICS leaders gathered in Rio de Janeiro, Brazil, on July 6 for the annual meeting, where they condemned Israel’s actions in Gaza, the US airstrikes on Iran and Ukraine’s drone strikes on trains, but not Russia's war in Ukraine.
Experts warn of “cascading” climate tipping points that will kill the climate without immediate global action
World leaders must act with “immediate, unprecedented” urgency to prevent cascading climate tipping points that could have catastrophic consequences for billions of people, according to the Global Tipping Points Conferenrence delegates.
BRICS leaders gather in Rio to challenge Western dominance
Leaders from the BRICS group have convened in Rio de Janeiro for their 17th annual summit, casting the expanded bloc as a counterweight to Western institutions whilst grappling with internal divisions over key geopolitical flashpoints.
Southern Ocean current reverses for first time, signalling risk of climate system collapse
A major ocean current in the Southern Hemisphere has reversed direction for the first time in recorded history, in what climatologists are calling a “catastrophic” tipping point in the global climate system.
Brazil president visits former Argentine president under house arrest
Brazil's President Luiz Inácio Lula da Silva visited former Argentine President Cristina Fernández de Kirchner at her Buenos Aires apartment on June 3.
Death on a volcano and a day of reckoning for Indonesia’s mountain rescue teams
Juliana Marins, 26, fell into a 600-metre ravine near the summit of Mount Rinjani during a guided hike with five other tourists. The volcano, rising 3,726 metres above sea level is one of Indonesia’s most popular but perilous trekking destinations.
Short-term forecast for global offshore wind downgraded, says industry report
The Global Wind Energy Council has downgraded its short-term forecast by 24% for 2025-2029 compared with its prediction last year.
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SAS orders 45 Embraer jets worth $4bn in largest fleet deal since 1996
Scandinavian airline SAS plans to buy up to 55 E195-E2 aircraft from Brazilian manufacturer Embraer in a deal worth approximately $4bn.
Argentina prepares to host Mercosur summit
Argentine President Javier Milei gears up to host Mercosur heads of state in Buenos Aires this week as he continues his campaign to liberalise what he considers the regional trade bloc's restrictive regulations
COMMENT: Critical minerals pose new test for global energy security
As the world’s energy system transforms at unprecedented speed, so too must our understanding of energy security. While governments continue to focus on securing supplies of traditional fuels, new critical mineral vulnerabilities are emerging.
Brazil's Lula takes Congress to Supreme Court over tax revolt
Brazil's President Luiz Inácio Lula da Silva has resolved to launch legal action at the Supreme Federal Court (STF) following Congress's decision to overturn his administration's increase to the Tax on Financial Operations.
Tosyali dethrones Eregli to become largest Turkish steelmaker
Company owner Fuat Tosyali became a favourite businessman of president Erdogan. Projects he’s involved in include making Turkey’s “native and national” Altay battle tank.
Fitch affirms Brazil 'BB' rating but flags fiscal uncertainties
Fitch Ratings has affirmed Brazil's long-term foreign currency rating at 'BB' with a stable outlook, citing the country's resilient economy but warning of mounting fiscal pressures and political uncertainties.
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Putin to skip Rio BRICS summit over ICC warrant as Xi signals no-show
Brazil's hosting of next month's BRICS summit is being overshadowed by the likely absence of two of the bloc's most powerful leaders, threatening to dent the gathering's geopolitical significance.
COMMENT: The long road to a BRICS-led world order hits familiar obstacles
Brazil's upcoming BRICS summit exposes the bloc's growing pains as 21 members wrestle with deep divisions. The group's ambitious challenge to US financial dominance hits reality as internal disagreements threaten its push for global clout.
Farmers powerless to prevent five of the six staple crop yields from plummeting – New Scientist
Efforts by farmers to adapt to rising temperatures will not be enough to prevent severe losses in global staple crop production due to climate change, according to a new study published in New Scientist on June 18.
Where the world is losing tree cover fastest – Statista
North America is close on the heels of Latin America when it comes to tree cover loss, according to data published by the World Resources Institute, Statista reports.
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Huawei and ByteDance plan significant Brazil tech investments amid US-China rivalry
Chinese technology major Huawei Technologies and TikTok owner ByteDance are preparing substantial investments in Brazil's cloud infrastructure and artificial intelligence sectors.