Read the latest news from regional and global sources, presenting different voices and perspectives.
Oil Prices Set to End the Week Flat Amid Conflicting Signals
Oil Price
·
July 11, 2025
Crude oil prices recouped some of the losses they booked on Thursday today but looked set to end the week with little change, amid tariff worries, OPEC+’s decision to boost supply, and a threat of a diesel shortage in key markets, and the prospect...
Oil ticks up as fuel demand offsets trade tensions
Azzet
·
July 10, 2025
Oil prices were slightly higher in Asian trading on Thursday, as markets balanced the potential economic drag from renewed United States tariff threats with signs of strong American fuel consumption. By 3 pm AEST (5 am GMT) Brent crude futures...
Brazil’s B3 Faces Tariff Shock as Trade Frictions Hit Market Confidence
The Rio Times
·
July 11, 2025
The Bovespa Index closed at 136,743 points on July 10, 2025, as official market data confirmed a sharp decline of 0.54%. The day’s trading reflected the impact of new U.S. tariffs on Brazilian exports, which triggered immediate risk aversion among...
Brazilian co-op bank teams up with Asian investor on solar finance
Co-Operative News
·
July 11, 2025
The Asian Infrastructure Investment Bank is lending $100m to Banco Sicredi to expand small-scale solar to households and SMEs The Asian Infrastructure Investment Bank (AIIB) has approved a US$100m loan to Brazilian co-op bank Banco Sicredi to...
Oil at the Center as U.S. and Brazil Edge Toward a Trade War
Oil Price
·
July 11, 2025
Brazil is preparing to defend its oil export sector as former U.S. President Donald Trump threatens to impose a 50% tariff on Brazilian imports starting August 1. The move has escalated tensions between the two countries, with Brazilian President...
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Brazil hits back at Trump tariffs as Lula threatens 50% levies on US goods
Firstpost
·
July 11, 2025
Brazilian President Luiz Inacio Lula da Silva has threatened to impose a 50 per cent tariff on all US goods after his American counterpart, Donald Trump, announced 50 per cent duties on all its exports. “If he charges us 50 per cent, we’ll charge...
Renewables Boom Highlights Growing Regional Divide
MENAFN
·
July 10, 2025
(MENAFN- Caribbean News Global) ABU DHABI, UAE – Over 70 percent of renewable energy capacity growth occurred in Asia, while other regions particularly Africa lagged behind, according to new IRENA data. The Renewable Energy Statistics 2025...
Latin America at the Crossroads: Reviving Nuclear Leadership for a Safer World
The Globalist
·
July 9, 2025
In 1967, Latin America and the Caribbean made history. With the Treaty of Tlatelolco, it became the world’s first nuclear-weapon-free zone, positioning itself as a moral compass in a world on the brink of annihilation. For decades, the region led...
Argentina appeals U.S. court ruling in energy company YPF's expropriation case
Xinhua News Agency
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BUENOS AIRES, July 10 (Xinhua) -- The Argentine government on Thursday filed an appeal against a recent ruling by a U.S. court that ordered the country to hand over a 51 percent controlling stake in its state-run energy company Yacimientos...
Brazil’s Lula pledges retaliation to Trump tariffs but keeps diplomacy open
The Straits Times
·
July 10, 2025
BRASILIA - President Luiz Inacio Lula da Silva said he wanted to find a diplomatic solution to US President Donald Trump’s threat of 50 per cent tariffs on Brazilian exports, but vowed to reciprocate like-for-like if they take effect on Aug 1....
Oil prices recover slightly but US tariffs, OPEC downgrade weigh
Yahoo Finance
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By Colleen Howe BEIJING (Reuters) -Oil prices steadied in early trading on Friday following a 2% drop in the previous session that was driven by U.S. President Donald Trump's new tariffs, expected to hurt economic growth, and a cut to OPEC demand...
Oil falls over 2% amid bearish Trump tariff outlook
The Malaysian Star
·
July 10, 2025
HOUSTON: Oil prices fell more than 2% on Thursday, as investors weighed the potential impact of US President Donald Trump's tariffs on global economic growth. Brent crude futures settled at US$68.64 a barrel, down US$1.55, or 2.21%. US West Texas...
Renewables capacity grows, but regional divides persist
Engineering News
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Despite renewables capacity having grown by more than 15.1% in 2024, the growth gap widens across regions, the ‘Renewable Energy Statistics 2025’ report released by international organisation the International Renewable Energy Agency (Irena)...
Brazil vows to match any tariffs after Trump threat
Gulf Daily News Online
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Brazilian President Luiz Inácio Lula da Silva has said he is ready to match any tariffs imposed on Brazil by the US. Lula was responding to Wednesday’s threat by his US counterpart, Donald Trump, to impose a 50 per cent import tax on Brazilian...
Argentina files emergency appeal in US to put YPF stake turnover on hold
Regional Media News - Iowa
·
July 10, 2025
By Jonathan Stempel and Eliana Raszewski BUENOS AIRES/NEW YORK (Reuters) -Argentina on Thursday filed an emergency appeal of a U.S. judge’s order that it turn over its 51% stake in oil and gas company YPF to partially satisfy a $16.1 billion court...
Argentina appeals US court order to hand over YPF shares
Buenos Aires Times
·
July 10, 2025
Argentina lodged an appeal Thursday after a US court ordered the nation to sell its majority stake in oil firm YPF, at the heart of a long-running nationalisation dispute. Last week, a federal judge in New York ordered Argentina to sell its 51...
Brazil's Lula warns of 50% tariffs on U.S. goods after Trump trade threat
NPR
·
July 10, 2025
A container ship docked at the Port of Rio de Janeiro in Rio de Janeiro, Brazil, on Thursday, July 10, 2025. Dado Galdieri/Bloomberg via Getty Images hide caption toggle caption Dado Galdieri/Bloomberg via Getty Images RIO DE JANEIRO, Brazil —...
Argentina’s economy sees year-on-year growth following Milei’s controversial austerity measures
Argentina Reports
·
July 10, 2025
Medellín, Colombia – Argentina’s economy recorded a surge of 7.7% in April 2025 compared to the same month last year, outperforming projected growth rates for the Latin American nation. Since the second half of 2024, the country has continued to...
Oil Teeters as Tariffs and Output Risks Unbalance Market
Rigzone
·
July 10, 2025
Oil futures sank as the escalating global trade war and the possibility that OPEC+ may halt output hikes flashed warning signs for energy demand. West Texas Intermediate futures fell to settle below $67 a barrel after Bloomberg reported that the...
Capital Fliers: Record Breaking Exodus of Latin America Millionaires
Nearshore Americas
·
July 9, 2025
A record number of millionaires are fleeing Latin America. The region’s four largest economies — Brazil, Mexico, Colombia and Argentina — are set to lose around 1,600 high-net-worth individuals (HNWIs) by 2025. The breakdown is stark. Brazil alone...