Brazil's exports to the EU rose roughly 4% in the first 60 days of the Mercosur-EU trade deal, VP Geraldo Alckmin said at Brazil's Agribusiness Congress on Monday.

U.S. revokes Brazilian ambassador's visa amid bilateral tensions. Brazil's Lula office calls it 'deliberate escalation of hostile measures' driven by ideology, analysts say.

Rising diplomatic and trade tensions between the United States and Brazil have prompted analysts and former diplomats to warn that ideology and political alignment are increasingly displacing traditional state diplomacy. The latest flashpoint was Washington's revocation of the visa of BrazilianMaria Luiza Ribeiro Viotti last week, reportedly in retaliation for Brazil's denial of visas to two American diplomats seeking to visit ahead of Brazilian elections, against a backdrop of 25% U.S. tariffs on Brazilian goods and Brazil's withholding of approval for the U.S. ambassador nominee.

Gold hits $4,400 per ounce, reaching a 10-week high amid sustained Chinese demand and US-Iran uncertainty over the Strait of Hormuz

Gold price hits $4,400 per ounce, reaching 10-week high amid sustained Chinese demand, US-Iran uncertainty over Strait of Hormuz.

South Africa's unemployment rate rose to 33.6% in Q2 2026, with 345,000 more people jobless to reach 8.5 million, Statistics South Africa reported Tuesday.

South Africa's official unemployment rate rose 0.9 percentage points to 33.6% in Q2 2026, with the unemployed tally climbing by 345,000 to 8.5 million, Statistics South Africa reported.

China's NEV penetration hit a record 65.1% of passenger car retail sales in July, up 11.6 percentage points year-on-year, the China Passenger Car Association said. Domestic brands reached 83.8%.

China's NEV penetration rate hit a new high of 65.1 percent of total passenger car retail sales in July, up 11.6 percentage points year-on-year, according to the China Passenger Car Association. Among domestic brands the rate reached 83.8 percent, while luxury vehicles stood at 30.9 percent.