Brazilian Stocks Plunge 13.7% and the Real Slides After Lula Wins Runoff
Investors had bet on a Bolsonaro victory after the first round. Lula's narrow comeback reversed that trade and put Brazil's debt back in focus.
World
EU and China Reach Hybrid Car Understanding, Pledge Faster Rare Earth Licenses
Two days of talks in Beijing pulled both sides back from a trade war, but EV duties stay in place and the hybrid terms remain unpublished.
How the USMCA Review Works Now That Washington Has Declined to Extend the Pact
The U.S. did not confirm a 16-year extension in July, setting up yearly reviews. Here is what that means for Asian companies producing in Mexico and Canada.