The European Union reached a blockbuster free trade agreement Friday with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance, capping a quarter-century of on-off negotiations even as France vowed to derail the contentious accord. Provided it is ratified, the accord would create one of the world’s largest free trade…
A military police officer has been arrested in Brazil after a video emerged of him throwing a civilian over a bridge in Sao Paulo on Monday, sparking protests in the city. The video, which was shared widely on social media and the Brazilian press, showed an officer grabbing a civilian by the shirt and walking…
Property tycoon Truong My Lan was one of Vietnam’s richest businesswomen. She amassed an eye-wateringly valuable portfolio of luxury homes, hotels and commercial properties all over the country and abroad – allegedly by effectively turning a major bank into her own personal ATM. On Tuesday, the 68-year-old lost her appeal against the death sentence for…
South Korean President Yoon Suk Yeol has apologized to the nation in his first public comments since his abortive attempt to impose martial law threw the country into political chaos and led to calls for his impeachment. “This emergency martial law declaration stemmed from my desperation as the ultimate responsible party for state affairs,” Yoon…
Global stakeholders now have to reckon with the geopolitical impact of a rebel offensive led by an Islamist group in Syria that could potentially threaten President Bashar al-Assad’s hold over the country. Syrian rebels have made a lightning advance in the north of the country, taking two major cities: Aleppo, the second biggest city, and…
NexGen Energy (TSX:NXE,NYSE:NXE,ASX:NXG) said on Wednesday (December 4) that it has set up its first uranium sales agreements with several leading US nuclear utility companies. These contracts, starting in 2029, cover the delivery of 5 million pounds of uranium over a five year period and employ market-related pricing mechanisms to optimize returns by leveraging future…
US President Joe Biden directed an additional US$600 million to the Lobito Corridor project during a visit to Angola, reinforcing a commitment to enhancing critical minerals supply chains in the African region. The funding builds on the US$553 million committed earlier this year to the corridor, which connects the copper-rich Democratic Republic of Congo (DRC)…
The S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 1.22 percent on the week to close at 610.22 on Friday (December 6). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 0.16 percent increase to reach 25,691.8, while the CSE Composite Index (CSE:CSECOMP) dropped 2.68 percent to 137.68. The US Bureau of Labor Statistics released its employment situation…
Tech stocks surged this week as US and Canadian jobs data bolstered interest rate cut expectations. Apple (NASDAQ:AAPL) hit a new all-time high on Wednesday (December 4), closing at nearly US$244, while Super Micro Computer (NASDAQ:SMCI) hit a weekly high of US$45.21 after a clean financial audit on Tuesday (December 3). Super Micro Computer also…
Will First Majestic Silver CEO’s silver price prediction of more than US$100 per ounce come true? The silver spot price made waves in 2020 when it rose above US$20 per ounce for the first time in four years, and the precious metal has repeatedly tested US$30 per ounce since. Since September, silver has held above…
