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Brazilian inflation hits nearly three-year low; rate cuts on the horizon

Brazil's annual inflation in June fell to its lowest level since September 2020, data from statistics agency IBGE showed on Tuesday, renewing bets that an interest rate cut is around the corner as consumer prices continue to trend down. ....

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Argentina delegation travels to meet with IMF in US, source says

An Argentine team is traveling on Tuesday to the United States to meet with officials from the International Monetary Fund (IMF) to negotiate terms to relax the agreement between the two, a source at Argentina's economy ministry said. ....

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Explainer: What happens if Black Sea grain corridor deal is not extended?

A deal allowing Ukraine to export grain via the Black Sea expires on July 17 and with Moscow saying it sees no grounds for an extension there are fears it may collapse. ....

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Paraguay president-elect to visit 'great friend' Taiwan's Tsai

Paraguay's president-elect, Santiago Pena, will visit Taiwan this week and meet "great friend" President Tsai Ing-wen, he said on Sunday, shoring up a relationship at a time China is working to entice the island's dwindling allies. ....

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Rio government names anti-racism law after Vinicius Jr

The Rio de Janeiro government named an anti-racism law after Real Madrid forward Vinicius Jr on Wednesday which will see sporting events stopped or suspended in the event of racist conduct. ....

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