Gold rebounds from one-month low as dollar weakens and trade optimism rises
Gold prices edged higher on Monday after slipping to their lowest level in more than a month, supported by a weakening U.S. dollar and easing geopolit...
Mexico, Chile and Uruguay have suspended poultry imports from Brazil after the country reported its first outbreak of bird flu on a commercial farm, Brazilian officials reported.
The move follows similar decisions from China and the European Union, which also paused imports on Friday, according to Brazil’s agriculture ministry.
Mexico’s food safety agency said it was halting imports of chicken meat, eggs, live birds, and other poultry products from Brazil as a precaution. Chile and Uruguay followed suit, the ministry confirmed.
The outbreak was detected in Rio Grande do Sul, a major poultry-producing state in southern Brazil. Authorities have launched a containment plan and notified international health and trade partners.
Brazil is the world’s largest poultry exporter and responsible for 14% of global chicken production. The outbreak raises concerns about broader trade impacts. Earlier this year, U.S. bird flu-related shortages helped push Brazilian egg exports to the U.S. up over 1,000% compared to early 2024.
The agriculture ministry said export restrictions follow health protocols agreed with each trading partner and may vary from full-country bans to region-specific limits.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Authorities in Azerbaijan have launched an investigation into the Baku office of Sputnik Azerbaijan over claims it continued operations illegally after its accreditation was revoked.
As U.S. President Donald Trump’s tariff threats shake confidence in the American market, as investors increasingly turn to Europe, drawn by its relative political stability and infrastructure-driven economic agenda.
The European Council has extended its sectoral sanctions on Russia until January 31, 2026, in response to Russia’s continued destabilising actions in Ukraine.
Temperatures are reaching at least 40 degrees Celsius or more on the last day of June in southern Europe with countries issuing health and environmental warnings in France, Italy, Portugal and Spain.
President Trump's administration has warned Harvard University it may lose federal funds over alleged civil rights violations linked to its treatment of Jewish and Israeli students, according to a Wall Street Journal report.
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