Americas
Brazil’s Minimum Wage Has Outrun Its Economy by Six to One – and the Bill Is Coming Due
Real wages up 188% since the Plano Real, productivity up 30%. With debt heading for 95% of GDP and the Selic pinned at 15%, Brazil's social model is running out of room.
Forex
China Outbuilds the US in Nuclear Submarines for the First Time — and the Gap Is Widening
China launched 10 nuclear submarines displacing 79,000 tonnes in 2021–2025, outpacing US output for the first time as American shipyards fall behind.
Europe
X Appeals €120 Million EU Fine in First Legal Test of Digital Services Act
X filed three appeals at the EU General Court challenging the first DSA fine — €120M for deceptive blue checkmarks, opaque ads, and blocked researcher access.
Europe
British Steel Restarts 24/7 Production for First Time in a Decade After Landing Turkish Rail Deal
British Steel restarts 24/7 rail production at Scunthorpe for the first time in a decade after winning an eight-figure contract to supply 36,000 tonnes for Turkey's Ankara-İzmir high-speed line.
Europe
Sterling Slides Below $1.36 as UK Unemployment Hits Five-Year High of 5.2%
Sterling slides to $1.353 as UK unemployment hits 5.2% — a five-year high — with private sector wages at their slowest in five years and markets pricing a 76% chance of a March BoE cut.
Asia Pacific
Japan Authorizes $117.5 Billion Bond Issue in New Fiscal Gamble
USD/JPY holds near 153 as Japan's ¥18.3T bond blitz collides with BOJ April hike bets, record JGB yields and a Reuters report showing debt issuance surging 28% by 2029.
Americas
Argentina Targets Hidden Dollar Hoards with Radical Tax Reform
Argentina formalizes ambitious tax reform targeting $170bn in undeclared 'mattress dollars' to boost currency stability and forex reserves
Americas
Mexican Peso Strengthens to 17.18 Per Dollar in Third Straight Session
Mexican peso strengthens to 17.1804 per dollar with 0.12% daily gain, marking third consecutive session of appreciation according to Banxico data.
Emerging
European Parliament Backs Digital Euro Project Despite Conservative Opposition
EU Parliament strongly backs digital euro project with 443-188 vote, supporting both online and offline versions to reduce European dependence on US payment systems.
Emerging
What’s Behind Trump’s $500M UAE Crypto Deal Denial?
Trump denies knowing about $500M UAE investment in his crypto venture while seeking $1B damages from Harvard University. Administration faces scrutiny over foreign influence and trade policies.
Emerging
Yuan Dreams Big, Regional Currencies Fall Short
China's Xi Jinping pushes yuan as global reserve currency while dollar strength pressures Asian currencies including Indian rupee and Vietnamese dong.
