Chile’s 2025 presidential election has become a contest over fiscal policy, with official data from the Central Bank of Chile, the Ministry of Finance, and the International Monetary Fund showing the stakes for business and investors.

The country’s public debt stands at 41.7% of GDP in 2024 and is expected to reach 41% by the end of 2025. This f

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Brazil’s government, according to official statements from Finance Minister Fernando Haddad, will propose a 17.5% flat income tax on financial investments to Congress.

This proposal will replace the current system, which taxes investment returns at rates between 15% and 22.5% depending on how long investors hold their assets.

The flat rate aims to

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Petrobras, Brazil's state oil giant, saw its shares drop after two major banks, Santander and Bank of America, devalued their stock ratings on June 9, 2025. Both banks moved their outlook from purchase to neutral, pointing out issues about lower anticipated returns and a tough capital structure.Santander set a new cost target of $13 per share,
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On June 9, 2025, Israeli marine forces obstructed the British-flagged aid ship Madleen in worldwide waters as it approached Gaza.The Freedom Flotilla Coalition, which arranged the mission, reported that the crew included Swedish activist Greta Thunberg, French parliamentarian Rima Hassan, and ten others. The ship carried a small but symbolic
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Russia has moved to strengthen its ties with African nations by launching a new phase of cooperation under the Africa Corps, a Kremlin-controlled paramilitary force.

This shift follows the withdrawal of the Wagner Group from Mali, where it had supported the military government in its fight against Islamist militants.

Despite Wagner’s exit, Russia s

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Japanese Prime Minister Shigeru Ishiba and Paraguayan President Santiago Pena agreed Wednesday to raise bilateral relations to a strategic collaboration during their conference in Tokyo.The leaders signed a memorandum developing a bureau-chief-level policy dialogue structure that will fulfill roughly every 2 years to check out deeper
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