South Korea unveils smallest budget increase in 20 years amidst weakened tax revenue

North Korea claims it tested nuclear-capable underwater drone capable of destroying naval vessels and ports

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Here’s what happened during Trump’s 11th week in office

President Donald Trump marked the week by unveiling an unprecedented wave of tariffs on imports to the U.S., aligning with his long-held position that other countries have taken advantage of the U.S. in trade. Trump disclosed the historic tariffs in a ceremony at the White House’s Rose Garden for a “Make America Wealthy Again” event, […]

Brazil’s Economy Under Lula: Old State Wine in New Bottles

(Analysis) From 2016 to 2022, Brazil’s economy, under Presidents Michel Temer and Jair Bolsonaro, shifted towards privatizing state-run businesses. State enterprise numbers shrank dramatically during this period, dropping from 228 to 122. The government implemented a crucial law in 2016 that limited political appointments, improving governance. With the return of President Luiz Inácio Lula da […]