Brazil, one of the largest emerging economies in Latin America, is grappling with significant economic turbulence as a critical inflation report reveals persistent challenges. Published on July 10, 2025,

These kinds of tax debt transactions were originally created to grant discounts on debt renegotiation for companies in serious financial situations. They were made more flexible by a 2024 regulation that allowed the government to seek agreement with large companies to avoid costly and potentially unsuccessful court actions.

The Philippines, Sri Lanka, Algeria, Iraq, Libya, Brunei and Moldova are the latest tariff targets. Read more at straitstimes.com. Read more at straitstimes.com.

Brazil, Russia, India, China, and South Africa—has uniquely emerged as a geopolitical player. Since its establishment, it has transformed

A summit of leaders from the BRICS group of major emerging economies kicks off in Brazil Sunday – but without the top leader of its most powerful member.

The BRICS Summit 2025, hosted by Brazil on July 6-7, brought together leaders of Brazil, Russia, India, China, and South Africa to discuss pressing global issues.

FOR years, the emerging-market club of Brics appeared to lack momentum at successive summits. But that perception changed last year, with the club welcoming new members from the Global South, alongside its growing global economic footprint and efforts at non-Western innovation,