Data Centers Become Political Liability in Midterm Races
Trump's pro-data center stance contrasts with growing voter anger and political attacks in midterm races.
Economy
Peru Targets $33 Billion in Mining Investments Under Fujimori
Peru's government expects $33 billion in mining investment over five years, aiming to approve 240 projects this year.
US Treasury Chief Says Growth, Not Cuts Alone, Will Address $40 Trillion Debt
Treasury Secretary Scott Bessent says the US must 'grow its way out' of record $40 trillion debt, citing fiscal consolidation and tariff income.
Mexico's central bank signals extended hold on rates as inflation cools
Mexico's central bank signals rates will stay at 6.5% for longer, citing services inflation and global uncertainty.
US Treasury Chief Vows 'Toughest Sanctions in History' Against Iran
US Treasury Secretary Scott Bessent says Washington will impose its toughest-ever sanctions on Iran and presses China to cooperate.
Bulgaria's Kozloduy Nuclear Plant Trims Output as Danube Hits Record Lows
Bulgaria's Kozloduy NPP will cut capacity by 12% due to critically low Danube water levels, a first in its 52-year history.
China's yttrium exports to US climb in July, easing aerospace supply fears
Chinese yttrium oxide exports to the US hit 29 metric tons in July, the second-highest since April controls, offering some relief to aerospace buyers.
Bessent Signals Further Expansion of Treasury Buyback Program
Treasury Secretary Scott Bessent indicated the government may further increase its bond repurchase volumes, following a surprise doubling of the program.
Trump's Iran Threat Puts Key Trading Partners in the Spotlight
US threats to isolate Iran economically could hit major trading partners. Here's a look at the key relationships and their exposure.
Canada and US Resume Trade Talks as Tariff Deadline Looms
Top Canadian and US negotiators meet again in Washington to finalize a trade deal before a Saturday tariff deadline, with progress reported on vehicles, steel, and aluminum.
US Energy Department awards $500 million to boost domestic mineral projects
The US Energy Department is giving $500 million in grants to seven companies for domestic mineral processing and battery projects.
Heatwave in Europe prompts IGC to trim global wheat and corn forecasts
The IGC lowered its 2026/27 world wheat and corn forecasts, citing heat damage in Europe and Black Sea export disruptions.
Global Race for Rare Earths Puts Brazil's Mineral Wealth in Spotlight
Brazil sees a surge in rare earth exploration, driven by foreign firms seeking alternatives to China, but environmental and sovereignty concerns remain.
Smuggling booms in Gaza as Israeli restrictions push prices skyward
An investigation reveals a booming smuggling trade in Gaza, with soldiers and middlemen accused of profiting millions as residents face soaring prices.
Karachi Mourns Sailor Killed in Houthi Missile Attack on Red Sea Vessel
Pakistani sailor Mohammad Akram, killed in a Houthi missile attack on a commercial ship, is laid to rest in Karachi.
Mauritius and India Sign Long-Term Oil Supply Pacts
Mauritius signed long-term oil import deals with India, including a pact with Indian Oil, during a visit by India's Oil Minister.
Franca's shoe factories idle as US tariffs bite into exports
US tariffs on Brazilian goods have slashed footwear orders, forcing factories in Franca to cut staff and idle production lines.
Putin Pushes New Investment Cycle as Russian Economy Shows Modest Growth
Putin urges a new investment cycle for industry, agriculture, services, and housing as GDP grows about 1%.
Brazil's Rare Earth Rush Draws Foreign Investors, Raises Environmental Questions
Foreign investors are driving a surge in rare earth mining applications in Brazil, raising environmental concerns near protected zones.
Quebec Premier Demands Details Before Backing Canada-US Trade Deal
Quebec's premier says Canada-US trade talks are 'far from over,' seeking more details from PM Carney on protections for dairy and forestry before endorsing any deal.