Brazil
Brazilian AI startup bags millions for sector push
Artificial intelligence startup Fu2re has secured BRL12.5mn ($2.23mn) in funding to expand its generative AI capabilities.
IPCC releases dire sixth climate update in run-up to COP30
“Any further delay in global action to slow climate change and adapt to its impacts will miss a brief and rapidly closing window of opportunity to secure a liveable and sustainable future for all”.
ICJ declares healthy environment is a human right in landmark climate ruling
The International Court of Justice (ICJ) has issued a historic advisory opinion recognising a clean and sustainable environment as a human right, declaring that states which fail to curb emissions may be in violation of international law.
Brazil braces for $32bn economic hit from Trump tariff threat
Brazil faces potential losses of up to BRL175bn ($31.7bn) over the next decade if the US follows through on plans to impose 50% import tariffs on Brazilian goods.
Earth overshoot day is already long past - Statista
July 24 marks this year's Earth Overshoot Day, the day that humanity’s demand for ecological resources exceeds the resources Earth can regenerate within that year, Statista reports. That day has already long passed.
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Brazil to join South Africa's genocide case against Israel at ICJ
Brazil is set to formally join South Africa's genocide case against Israel at the International Court of Justice, in a move likely to ratchet up international legal pressure on Tel Aviv over the Gaza conflict.
World has less than three years to avert worst climate impacts, scientists warn
A new global climate report warns that the world is on the brink of irreversible damage. The findings come amid sluggish international action ahead of COP30.
COMMENT: Can BRICS deliver beyond the rhetoric? experts weigh in
BRICS has evolved from an emerging economies club into a coalition Trump sees as threatening enough to warrant tariffs. Experts reveal tensions between China's dominance and multipolar goals, with institutional gaps but growing Global South support.
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Brazil’s Lula pushes for BRICS-led subsea cable network
Brazilian President Lula da Silva is backing a feasibility study for a new subsea cable system connecting BRICS nations, aimed at reducing dependency on existing routes concentrated in the Global North.
Fitch upgrades Trump’s effective tariff rate to 19.4%
President Donald Trump’s evolving trade policy is set to sharply increase the United States’ effective tariff rate (ETR), with Fitch Ratings warning of substantial rises as new duties take effect on August 1.
Geopolitics is weighing on FDI, capital chasing certainty over scale – study
The world is living through turbulent times, but investors are still chasing returns which has affected the flows of international foreign direct investment.
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Brazil’s Embraer warns Trump tariffs could add $9mn per aircraft
Brazilian aircraft manufacturer Embraer faces a devastating blow to its business as US tariffs threaten to add $9mn to the cost of each plane, the company's chief executive has warned.
Brazil growth to slow to 2.3% in 2025 before recovering, IMF says
Brazil's economy is expected to moderate in the near term as inflation converges to target, before strengthening to 2.5% over the medium term, the IMF has said in a statement.
Brazil seeks more time to negotiate as Trump tariffs threaten significant economic damage
Brazil will pursue a rapid reversal of Washington's 50% tariff announcement while remaining open to requesting additional negotiation time, according to Vice President Geraldo Alckmin.
IMF: The debate over falling fertility
A decline in global population later this century may threaten human progress, or it may lead to better lives.
COMMENT: Bogotá summit marks Global South’s legal break with the West over Gaza
At the Bogotá summit, the Global South takes charge – no longer waiting for Western permission to enforce international law. From South Africa’s ICJ case to Colombia cutting ties with Israel, countries are defying US pressure over Gaza.
UNFPA survey reveals why millions can’t have the families they dream of
A growing global crisis in reproductive agency – not overpopulation or declining birth rates – is one of the most urgent demographic challenges of our time, the United Nations Population Fund (UNFPA) said.
COMMENT: Trump’s Brazil tariffs are a dangerous assault on judicial sovereignty
Trump draws a line in the sand: 50% tariffs on Brazil unless it drops charges against Bolsonaro. The ultimatum sets up a high-stakes test of sovereignty between the hemisphere's top economies, with Brazil vowing to fight back.
Melting icecaps will cause more and bigger volcanic eruptions, study shows
As the weight of melting ice is lifted off volcanos, eruptions will become more common and more violent, according to a new study of volcanos in Chile’s Patagonia region.
Tipping Point: when populations peak – Statista
As July 11 marks World Population Day, celebrating the approximate date that the world's population reached 5bn in 1987, we're taking a closer at one of the population trends that will affect many countries sooner or later in the 21st Century.