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US gains authority to unilaterally enforce maritime law in Pacific amid regional tensions with China
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Biden admin strikes deal with Iran to swap prisoners, release $6 billion in frozen funds
The Biden administration has struck a deal with Iran to swap prisoners and release $6 billion in frozen Iranian funds. Per the deal, Iran will release five American citizens detained in Iran and the U.S. release five Iranian citizens being held in the U.S. The deal creates a blanket waiver to transfer $6 billion in […]
Brazil launches US$347 billion growth acceleration program to promote green transition and economic revitalization
The Brazilian government has unveiled its Growth Acceleration Program (GAP) aimed at injecting R$1.7 trillion (US$347 billion) into the economy. This funding, sourced both from public and private sectors, aims to spur employment, increase income, address regional and social disparities, and stimulate the nation’s economic growth. Brazil’s president, Luiz Inácio Lula da Silva, introduced the […]
BYD Seal Takes on Tesla in Brazil
BYD’s new electric sedan, the Seal, has debuted in Brazil, positioning itself as a strong competitor to Tesla’s Model 3. Swiss bank UBS decided to study this Chinese car closely. After a thorough check, experts have a clear message: competitors should take notice. The Seal shines for a roomy interior, 5G support, and a rotating […]