
Flavio Bolsonaro Leads Brazil Vote as Runoff Sets Up High-Stakes Economic Test
Brazil’s presidential race heads to an October 25 runoff after Flavio Bolsonaro led Lula da Silva in the first round with 47.03 percent.

Brazil’s presidential race heads to an October 25 runoff after Flavio Bolsonaro led Lula da Silva in the first round with 47.03 percent.

North Korea’s reported missile launch adds economic risk to renewed peninsula tensions after Seoul accused Pyongyang of an armistice violation.

Kaja Kallas urged EU envoys to renew Russia sanctions as member states debated whether to delist Alisher Usmanov and Mikhail Fridman.

The Fed lifted rates to 3.75-4 percent, citing persistent inflation and reviving tensions between price stability, credit costs and politics.

The US targets five Cuban state enterprises controlling 40% of GDP, intensifying economic sanctions amid historic political tensions and legal claims over nationalized assets.

SpaceX’s $75 billion IPO, valued at $1.77 trillion, sets a historic benchmark, reflecting transformative economic shifts in the commercial space industry and broader markets.

Sources close to Chancellor Friedrich Merz dismiss claims of his early replacement as unfounded, despite declining public support and media speculation amid Germany’s political challenges.

The EU has postponed appointing a special negotiator with Russia, emphasizing the need to first establish a clear strategy before engaging in talks to end the Ukraine war.

Octobank has launched a new service enabling direct money transfers from South Korea to Uzbekistan's HUMO cards via E9PAY, enhancing remittance efficiency and regional fintech integration.

Uzbek banks will now maintain a minimum card balance during automatic loan repayments, protecting customers from full account depletion starting April 15, 2025.