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Brazil sees the Mercosur-EU deal as relief in a turbulent world
Justice Department announces a $1.7B fund to compensate Trump allies
EU says Mercosur free trade deal will start May 1, linking 700 million people
Ukraine's attack on Moscow is another sign the war is not so distant
EU will 'provisionally implement' trade deal with South American bloc Mercosur
World shares mostly retreated and oil prices jumped Monday after U.S. President Donald Trump warned Tehran that the “clock is ticking” as U.S.-Iran negotiations over a permanent end to the war stall. U.S. futures fell and markets in Japan and South Korea pulled back from their records.
BUENOS AIRES (AP) – Uruguay and Argentina on Thursday became the first founding members of the Mercosur bloc of South American nations to ratify a long-sought free-trade agreement with the European Union to establish one of the world’s largest free-trade zones.
BEIRUT (AP) – The death toll in the latest round of fighting between Israel and the Iranian-backed Hezbollah in Lebanon surpassed 3,000, Lebanon’s health ministry said Monday. The ministry said the toll is now 3,020 killed in the Israeli strikes, including 292 women and 211 children.
OAKLAND, Calif. (AP) – A federal court on Monday dismissed claims filed against OpenAI and its top executives by Elon Musk, who accused them of betraying a shared vision for it to remain a nonprofit dedicated to guiding artificial intelligence’s development for the good of humanity.
HONG KONG (AP) – Liquidators of the failed Chinese property developer China Evergrande are seeking 57 billion yuan ($8.4 billion) from accounting firm PwC over its auditing work, a Hong Kong court heard on Monday.
NEW YORK (AP) – U.S. prosecutors asked a judge Monday to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautam Adani, who had been accused of duping investors in a massive solar project in India. Adani, one of the world’s richest people, was accused in 2024 of paying massive bribes to ensure the project’s success.
WASHINGTON (AP) – The Trump administration on Monday announced the creation a $1.7 billion fund to compensate allies of the Republican president who believe they were mistreated by the Biden administration Justice Department.
BEIJING (AP) – Russian President Vladimir Putin is traveling to China to meet with Chinese leader Xi Jinping less than a week after U.S. President Donald Trump wrapped up his own trip to Beijing.
World shares mostly retreated and oil prices jumped Monday after U.S. President Donald Trump warned Tehran that the “clock is ticking” as U.S.-Iran negotiations over a permanent end to the war stall. U.S. futures fell and markets in Japan and South Korea pulled back from their records.
NEW DELHI (AP) – Iran ‘s foreign minister said a lack of trust is the biggest obstacle in negotiations to end the war with the U.S., saying Friday that Tehran would be open to diplomatic help, particularly from China, to help ease tensions. Iranian Foreign Minister Abbas Araghchi said contradictory messages have “made us reluctant about the real intentions of Americans.”
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