Foreign ministers from Brazil, Germany, Japan, and India met in New York. They gathered during the 78th UN General Assembly. The topic was urgent: reforming the UN Security Council. They warned that delays weaken the Council’s role. Brazil’s President also weighed in. In his opening speech, he said the Council is losing trust. He urged […]
Related Posts
Brazil Central Bank Hints at Slower Rate Cuts
Brazil’s Central Bank, in a recent meeting, indicated fewer rapid interest rate cuts due to high long-term inflation expectations. The bank stated that significant positive surprises would be needed to change this pace. They aim to stabilize inflation expectations, currently above the 3% target for 2024 to 2026. Some board members worry about these steady […]
Blackstone Plans to List Major Investments as Market Conditions Improve
The Blackstone Group, the world’s largest private equity firm, is preparing to take some of its biggest investments public. Jonathan Gray, the company’s president, believes the recent rally in global stock markets, driven by the technology sector, signals a likely return of investor interest in initial public offerings (IPOs). Gray told the Financial Times that […]
Deadly Storm Claims 2300+ in Libya
A storm named Daniel hit Derna in eastern Libya, causing a massive loss of life. Emergency services confirm over 2,300 deaths and thousands missing. In Derna, a city of 100,000, visuals show collapsing buildings by a river. Two dams broke, worsening the flood. An emergency spokesperson, Usama Ali, reports 2,300 deaths, 7,000 injuries, and 5,000 […]