Australia

Macri regrouped his troops at the Pensar Foundation and made a surprising confession

Macri regrouped his troops at the Pensar Foundation and made a surprising confession

The former president Mauricio Macri closed the opening day of the relaunch of the Pensar Foundation in Paraná, Entre Ríos, with a speech full of self-criticism and messages about power and politics. Macriwho avoided directly criticizing the president Javier Milei Amid growing tensions between the two, he described the allegations of gender violence facing the ...

Lula appoints an ally to head the central bank and there is distrust in the market

Lula appoints an ally to head the central bank and there is distrust in the market

Brazilian President Luiz Inácio Lula da Silva has chosen Gabriel Galipolo as the next head of the central bank, consolidating the head of state’s influence over an institution he has criticized for keeping interest rates high. Galipolo, a 42-year-old economist and current director of monetary policy at the bank, will replace Roberto Campos Neto, whose ...

Retail sales fell in states that are key to Mexico's economy

Retail sales fell in states that are key to Mexico’s economy

The Economist – Mexico City During the first half of this year, Key entities for the Mexican economy recorded declines in their retail sales, main indicator of private consumption. According to data from the National Institute of Statistics and Geography (Inegi), Total revenue from the supply of goods and services in retail trade fell 0.05% ...

Warren Buffett's Berkshire Hathaway crosses $1 trillion market cap line

Warren Buffett’s Berkshire Hathaway crosses $1 trillion market cap line

Berkshire Hathaway has become the first non-tech company in the U.S. to surpass $1 trillion in market value. Shares of Warren Buffett’s conglomerate rose on Wednesday to push its market capitalization above the mark for the first time. The stock has risen this year thanks to strong results from insurers and economic optimism. The Omaha, ...

China proposes restrictions on grain imports to boost prices

China proposes restrictions on grain imports to boost prices

China is asking domestic traders to buy less foreign grain as abundant stocks and weaker-than-expected demand weigh on prices and threaten its long-standing policy of supporting local producers. This week, Beijing He called major importers for meetings and suggested they halt purchases of barley and sorghum, according to people familiar with the matter.The move, ahead ...

Trump and Harris agree to mute their microphones for the September 10 debate

Trump and Harris agree to mute their microphones for the September 10 debate

Republican presidential candidate Donald Trump said Tuesday that an agreement was reached to turn off the microphones at the US presidential debate on September 10 with his Democratic rival Kamala Harris. Harris’ campaign did not immediately respond to a request for confirmation about the ABC debate. The candidates’ campaigns clashed Monday over the prearranged debate, ...

There are three Spanish investment bankers among the top 30 in Europe

There are three Spanish investment bankers among the top 30 in Europe

The Spanish investment banking market is far from reaching the volume that moves in RUnited Kingdom, France, Germany either Italybut That has not stopped three bankers with offices in Madrid enter the list of the 30 best in Europe. Son Ignacio de la Colina, President and CEO of JPMorgan in Spain and Portugal; Juan Pedro ...

Ecuadorian government to begin regularization process for Venezuelan migrants

Ecuadorian government to begin regularization process for Venezuelan migrants

The Ecuadorian government has begun a regularization process so that Venezuelans in an irregular situation can obtain temporary residence visas for up to four years. President Daniel Noboa decreed an eight-month immigration amnesty for these migrants, along with an extraordinary regularization process. For the next eight months, Venezuelans who are not regularized will be able ...

Analysts see less room for interest rate cuts in the medium term

Analysts see less room for interest rate cuts in the medium term

The Brazilian analysts raised their interest rate forecasts for the end of 2026as central bankers say they have all policy options on the table to contain inflation above target. The benchmark Selic rate will reach 9.5% in December 2026, up from a previous estimate of 9%, according to a weekly survey by the central bank ...

Lula da Silva and Gustavo Petro insist on verifiable electoral data in Venezuela

Lula da Silva and Gustavo Petro insist on verifiable electoral data in Venezuela

The governments of Colombia and Brazil requested this Saturday the publication of the minutes breakdowns of the electoral process in Venezuela to ensure reliable verification of the results. In a new joint statement, both countries emphasized that transparency in the publication of data is crucial to restoring the credibility of the electoral process. The statement ...