Brazilian President Luiz Inácio Lula da Silva signed the promulgation decree formalizing the entry into force of the Mercosur-EU trade deal—ending 26 years of negotiations between the two blocs and creating the largest South-South-North free-trade zone in modern history. Coverage: 31 countries (27 EU + 4 Mercosur), 720 million inhabitants, US$22 trillion combined GDP. Brazilian Senate ratification completed in March 2026. EU Commission applies the deal provisionally despite a

The concept of a “G2”—a more exclusive version of the Group of Seven or Group of 20 forums—was introduced in 2005 by American economist C. Fred Bergsten to underscore the importance of communication between the world’s two biggest economies. There is no doubt that China and the U.S. have a significant impact on the world. But we should not forget there are more than 190 countries on our planet,” Chinese Foreign Minister Wang Yi said in response to a question from NBC News. “W

Everywhere people are chatting about AI (Artificial Intelligence). It appears to be all the rage … dominating the news media and Wall Street. Investors are scrambling to buy the stocks of companies that are offering AI-related services Since the release of ChatGPT in 2022—widely considered to be the launch point of AI—the value of America’s stock market has risen by $21 trillion. Just 10 firms—including Amazon, Broadcom, Nvidia—accounted for 55% of this rise. Investment analy

The United States is the biggest recipient of China’s lending activities globally, according to a study which tracked Beijing’s credit activities and found it is increasingly lending to higher-income countries over developing countries. The report, published by AidData, a research lab at U.S. university William & Mary, said China’s lending and grant giving totaled $2.2 trillion across 200 countries in every region of the world from 2000 to 2023. Beijing’s portfolio size is tw