
The United Kingdom's public sector net debt reached £2,985.5 billion — close to £3 trillion, some US$4 trillion — at the end of August, equivalent to 93.8% of gross domestic product, according to figures published on Tuesday by the Office for National Statistics. The agency noted these are levels last seen in the early 1960s.
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Canada's Finance Minister, François-Philippe Champagne, has proposed that the United Kingdom join the economic alliance Ottawa is negotiating with the European Union, in comments to the BBC. We are independent and sovereign, but we are stronger together, he said. The British government has not publicly responded to the proposal.
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With presidential elections in two weeks’ time, Brazil’s central bank cut its benchmark interest rate for the fifth straight time. The bank lowered the so-called Selic rate from 14% to 13.75%, and is part of a cycle that began in March after almost two years of rate hikes.
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President Donald Trump said he has confidence in the recerntly appointed Federal Reserve chair Kevin Warsh and found a way to justify the central bank’s decision to increase the benchmark interest rate to 4%, the first since 2023.
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Brazil is expected to harvest a record 361.7 million metric tons of grains and fibers in the 2025/26 crop year, according to the latest estimate from Conab, the country’s food supply and crop agency.
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European Commission President Ursula von der Leyen proposed on Wednesday that Canada become the European Union's first associate member, a status not provided for in the bloc's treaties and whose details have not been defined.
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The British government published guidance on Tuesday for companies and individuals conducting economic activity in the Falkland Islands or supplying goods and services to the archipelago, offering assistance to those who receive correspondence or threats of legal action from the Argentine authorities.
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The Argentine government has insisted, following the recent presidential Summit between Javie Milei and Chilean leaded Jose Antonio Kast, that their Andean neighbor will continue to strongly support Argentina’s claim over the Falkland Islands and will render no logistic support related to any hydrocarbons extraction in the Islands”.

Argentina's manufacturing output fell 5% in July from June in seasonally adjusted terms, the sharpest monthly decline so far in 2026, the National Institute of Statistics and Census (INDEC) reported on Tuesday.

Brent crude for November delivery rose above US$100 a barrel on Wednesday for the first time since late July, in a session shaped by escalating attacks between the United States and Iran and by fears of further supply disruptions in the Middle East.