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

Billed as the first high-level AI gathering to be held in the Global South, the India AI Impact Summit has given the world’s most populous country a stage to promote itself as a global AI player, broadening the AI conversation to include countries in Latin America, Africa and beyond. “The solutions presented here—in agriculture, security, assistance for persons with disabilities, and addressing the needs of multilingual populations—are powerful examples of Made in India stren

The U.S. and China began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world’s two largest economies. China said it had started to collect the special charges on U.S.-owned, operated, built or flagged vessels but clarified that Chinese-built ships would be exempted from the levies. In details published by state-run broadcaster CCTV, China spelled out spec