Brazilian President Luiz Inacio Lula da Silva scraps a tax on imports valued at $50 or less, a measure that could boost his popularity less than five months before the election.

Brazil's April inflation matches forecasts despite growing external risks. The country's latest economic data aligns with expectations.

Brazil's April inflation figures aligned with expectations, despite increasing external risks.

New Zealand Prime Minister Luxon announces NZ$2.1 billion in new spending initiatives, falling approximately NZ$300 million short of the December target.

New Zealand Prime Minister Luxon states that new initiatives will cost NZ$2.1 billion, which is approximately NZ$300 million less than the December target.

Bank Indonesia pledges smart interventions in foreign-exchange markets as the rupiah hits a record low. The central bank aims to stabilize the currency following recent volatility.

Bank Indonesia has announced plans for "smart interventions" in foreign-exchange markets following the rupiah's decline to a record low.

A U.S. federal appeals court has temporarily paused a lower court ruling that blocked President Donald Trump’s 10% global tariff. The stay allows the administration's trade policy to remain in effect while the legal challenge proceeds.

A U.S. federal appeals court has issued a temporary stay on a lower court ruling that had previously blocked Donald Trump's 10% global tariff policy.