Brazil
COP30: China holds back on Brazil forest fund
China has decided not to provide funding at this stage to Brazil’s new rainforest protection mechanism, citing the principle that wealthier nations should take the lead in climate finance.
COP30: Climate negotiators forge ahead despite loss of US delegation
Brazilian President Lula has urged nations to step up efforts as Trump withdrew from the Paris Agreement for the second time, leaving 195 countries to tackle climate change.
.jpg)
EU-Latin America summit confronts trade tensions and regional divisions
The EU and Latin American nations concluded their fourth summit on November 9 with a 52-point declaration championing multilateralism and containing veiled critiques of US policy.
COP30: Brazil's $125bn forest initiative draws support from dozens of nations
Brazilian President Luiz Inácio Lula da Silva has unveiled a global facility to protect tropical forests, securing commitments worth several billion dollars from both wealthy and developing nations at the COP30 climate summit.
Malaysia’s naturalisation policy in the spotlight as FIFA bans seven football players
Malaysia’s football community has been thrown into turmoil following FIFA’s decision to uphold sanctions against the Football Association of Malaysia (FAM) and seven of its naturalised players for alleged document falsification.
_1762522568.jpg)
World leaders gather in Brazil for climate summit amid waning political will
COP30 opens in Belém with Trump's absence looming large and UN chief warning of 'moral failure' on 1.5°C target
IEA pledges major role in climate finance as COP30 opens in Brazil
The International Energy Agency is taking on an expanded role in accelerating clean energy investment as global leaders gather in the Amazonian city of Belém for the COP30 climate summit.
_1762436112.jpg)
Brazil unveils $125bn tropical forest fund ahead of COP30 summit
Brazil will launch a new financing mechanism to reward countries for preserving tropical forests, seeking $125bn in public and private investment, the finance ministry said ahead of the COP30 climate summit in Belém.
Telefónica pulls out of its last Spanish-speaking markets in Latin America
Telefónica SA has entered a decisive phase of restructuring, marking a retreat from Latin America’s Spanish-speaking markets as it consolidates operations in Europe and Brazil.
Brazil's Lula "horrified" as Rio police raid death toll reaches at least 130
Brazilian President Luiz Inácio Lula da Silva expressed shock at the fatalities from a massive police operation targeting Rio drug gangs that left scores dead, while residents and rights advocates accused authorities of summary executions.
The Arctic and Antarctica record "off the charts" heat as polar warming accelerates
Parts of both the Arctic and Antarctic have experienced historically high temperatures in recent weeks, with weather stations in East Antarctica recording record-breaking warmth for the month of October, alarming climate scientists.
Lula says Trump assured him of trade accord as US explores Brazil rare earths ties
Brazilian President Lula voiced optimism that his country will secure a trade agreement with the US following talks with President Trump, as Washington simultaneously stepped up engagement with Brazilian mining executives to discuss rare earths.
.jpg)
Brazil and US to start urgent tariff negotiations after Trump-Lula meeting
Brazilian President Luiz Inácio Lula da Silva and US President Donald Trump have agreed to start immediate negotiations on tariffs and sanctions imposed by Washington, following a meeting in Malaysia that sought to ease trade tensions.
_1761305900.jpg)
Latin America edges up growth forecasts but remains trapped in low gear, ECLAC says
Latin America and the Caribbean will expand 2.4% this year, the Economic Commission for Latin America and the Caribbean said, marking the second upward revision since April but pointing to the region's struggle to escape chronically weak growth.
Brazil's Lula announces fourth presidential run at 80
Brazilian President Luiz Inácio Lula da Silva has announced he will seek re-election in October 2026, confirming his candidacy during a state visit to Indonesia on October 23.
_Foto2_Divulgação_Foresea_(1)_1761062969.jpg)
Petrobras secures controversial Amazon drilling licence ahead of COP30 climate summit
Brazil's Petrobras has obtained authorisation to drill an exploratory well near the mouth of the Amazon River, sparking fierce criticism from conservationists just weeks before Brazil hosts UN climate talks.
IMF: Global economic outlook shows modest change amid policy shifts and complex forces
Dialing down uncertainty, reducing vulnerabilities, and investing in innovation can help deliver durable economic gains.
_1759927176.jpg)
World Bank nudges up Latin America growth forecast to 2.3% but warns of skills shortage
The World Bank expects Latin America and the Caribbean’s economy to expand 2.3% in 2025, a slight uptick from 2.2% in 2024, with growth projected to reach 2.5% in 2026.
_1759848608.jpeg){kind=spacer}
Brazil's Lula asks Trump to lift tariffs and sanctions in first formal talks
Brazilian President Luiz Inácio Lula da Silva asked US President Donald Trump to remove punitive tariffs on Brazilian goods and sanctions on officials, in the first formal discussion between the leaders following months of tension.
Telefónica's mass redundancy plan signals deepening Latin American retreat
Spanish telco giant Telefónica SA is preparing to unveil a sweeping redundancy programme affecting more than 6,000 workers before year-end, marking the telecommunications company's most extensive workforce reduction in recent memory.