Two ships have sunk near the strategically important Strait of Hormuz after being struck by projectiles, according to a Reuters report published on October 14, 2026. The incidents come amid a surge in attacks on commercial shipping, raising fresh concerns about maritime security and the safety of vessels navigating one of the world’s most critical […]
Brazil’s upcoming presidential runoff is emerging as a pivotal moment for the country’s economic relationship with the United States, with trade tariffs, access to critical minerals and investment in strategic industries at stake. The October 25, 2026, runoff will see President Luiz Inácio Lula da Silva face conservative Senator Flávio Bolsonaro, following a closely watched […]
Government Seeks Higher Fund Spending to Finance Public Expenditure Norway’s minority Labour government has proposed withdrawing 608.4 billion Norwegian crowns ($63.6 billion) from the country’s sovereign wealth fund in 2027 to help finance public spending. The planned withdrawal would be higher than the 583.4 billion crowns revised for 2026, according to the government’s 2027 budget […]
Indian Prime Minister Narendra Modi is expected to visit Canada in December to sign a trade agreement with the Canadian government, The Globe and Mail reported on Tuesday, according to media outlet. Trade Deal Signals Renewed Economic Ties The potential visit comes as India and Canada work to strengthen economic relations and advance negotiations on […]
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to hold high-level economic talks in New York on Sunday, September 20, as Washington and Beijing seek to prepare the ground for a major meeting between US President Donald Trump and Chinese President Xi Jinping later this week. The discussions, which will […]
New Zealand’s Parliament has passed legislation to implement the country’s free trade agreement with India, clearing a major legislative step toward bringing the landmark pact into force. The legislation was approved by 93 votes to 29, with support from the opposition Labour Party. The agreement, signed in New Delhi on April 27, 2026, is designed […]
Seoul is preparing to unveil major investments in U.S. energy, nuclear power and shipbuilding as Washington presses for progress on a $350 billion commitment U.S. President Donald Trump is expected to announce details of South Korea’s planned investment in the United States on Friday, September 18, according to South Korean lawmaker Yoon Hu-duk, as Washington […]
LN24 INTERNATIONAL REPORTS FROM NEW DELHI AS BRICS DISCUSSES THE FUTURE OF EMERGING ECONOMIES The 18th BRICS Summit is taking centre stage in New Delhi as leaders and business representatives from across the grouping gather for discussions on trade, investment, economic cooperation and the future direction of the bloc. At the centre of the conversations […]
LN24 International Senior Correspondent Yvonne Katsande reports live from Delhi, India, bringing the latest from the 2026 BRICS Summit as leaders turn their attention to trade, investment, innovation and the growing role of smaller economies in the global economic landscape. As the expanded BRICS grouping meets in New Delhi, discussions are focusing on how emerging […]
Brent Crude Approaches Key $100 Threshold as Escalating Regional Conflict Threatens Energy Supplies Oil prices are surging toward $100 a barrel, with renewed military attacks across the Middle East raising fears of further disruption to regional energy supplies and shipping routes. Brent crude futures rose 1.3% to $99.22 a barrel by 0614 GMT on Wednesday, […]