Asian investors struggled Tuesday to recover from the previous day's losses on growing fears over Europe's worsening energy crisis, China's economic slowdown and central bank efforts to contain surging inflation.. However, while central banks are lifting borrowing costs to fight surging prices, they have little power over the cost of oil, a key driver of the rises.
Former president Luiz Inacio Lula da Silva's social programs helped lift tens of millions of people from poverty and chip away at deep-rooted inequality and discrimination in Brazil -- gains supporters hope will now resume.. "He enabled millions of Brazilians to escape poverty.
Four years after President Jair Bolsonaro rode to victory on a groundswell of support from Brazil's "Bibles, bullets and beef" coalition, that powerful trio of groups is still the core of his base.. But the facts speak for themselves, he says: Bolsonaro has been the best president in recent history for Brazil's agribusiness industry, opening new markets in Asia and investing in infrastructure that helped boost exports.
Colombia's army put on a show of force at the weekend in a town whose population is at the mercy of two warring gangs.. But the army has tried to assert some state control by coming out in force in several neighborhoods in Colombia's main port city.
Typhoon Hinnamnor made landfall in South Korea early Tuesday, causing power outages and leaving one person missing, but with few early reports of major damage as it headed back to sea.. The typhoon was moving at a speed of 43 metres per second when it made landfall, authorities said.
Escalating drug cartel-related violence, including indiscriminate attacks on civilians, has deepened concerns about whether Mexican President Andres Manuel Lopez Obrador's "hugs not bullets" security strategy is working.. Lopez Obrador says his "hugs not bullets" strategy aims to tackle violent crime at its roots by fighting poverty and inequality with social programs, rather than with the army.
British Prime Minister Boris Johnson formally tenders his resignation to Queen Elizabeth II on Tuesday, handing over power to Liz Truss after his momentous tenure dominated by Brexit and Covid was cut short by scandal.. All eyes will be on her return to the British capital and first address as prime minister, which is expected to take place outside 10 Downing Street on Tuesday afternoon -- weather permitting.
A Brazilian Supreme Court judge on Monday temporarily suspended several provisions implemented by far-right President Jair Bolsonaro that allowed people to buy weapons, citing a "risk of political violence" during the electoral campaign. . "The start of the election campaign exacerbates the risk of political violence," which "makes the need to restrict access to weapons and ammunition extremely and exceptionally urgent," Justice Edson Fachin wrote.
Canadian police issued warrants on Monday for the arrest of two fugitives who are the target of a massive manhunt after allegedly carrying out a stabbing spree that left 10 people dead and 18 wounded. . "I gave her two guns and a bat," he said. - 13 crime scenes - Police Assistant Commissioner Rhonda Blackmore said that authorities believe some of the victims were targeted and others were attacked randomly.
Peru's embattled President Pedro Castillo, the subject of six criminal investigations, appeared before prosecutors Monday to respond to accusations that he ran a corruption network from his office.. A scheduled appearance by Castillo's 49-year-old wife Lilia Paredes, accused of criminal conspiracy and money laundering as part of an alleged graft network headed by her husband -- was cancelled at the last minute, her lawyer said.
