
Uruguay and Argentina ratified on Thursday the trade agreement between Mercosur and the European Union, becoming the first founding members of the South American bloc to complete parliamentary approval. Whether the treaty begins to apply now hinges on decisions inside the EU, as a separate legal review process continues following moves in the European Parliament.º
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UK Labour government is taking action to help families with the cost of living, “We know that families across the country are feeling the impact of the cost of living - it’s the number one issue impacting working people.
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A fresh round of tariff moves announced by U.S. President Donald Trump has reintroduced market volatility and added pressure on the dollar, as investors and banks debate whether the currency is losing part of its traditional safe-haven role.
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Argentina’s federal courts have begun closing hundreds of tax-evasion in bulk following the rollout of the so-called Fiscal Innocence framework, a reform that sharply raised the monetary thresholds required for tax evasion to qualify as a criminal offense and that is being applied retroactively under the “more benign criminal law” principle.
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Brazil’s Vice President and Industry and Trade Minister Geraldo Alckmin said on Monday that shorter working hours are a “global trend” and that Brazil should debate the issue in depth, as business leaders push to delay discussion of ending the widely used 6x1 work schedule.
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A special committee of Uruguay’s parliament tasked with reviewing the EU–Mercosur agreement approved the ratification bill on Monday, clearing the way for floor votes in the Senate and lower house in the coming days — a timetable that could make Uruguay the first Mercosur member to complete domestic approval.
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Italian Foreign Minister Antonio Tajani said on Monday he would seek “clarity” from the United States during a G7 videoconference on international trade and urged restraint as Washington’s latest tariff moves inject fresh uncertainty into transatlantic commerce.
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The International Monetary Fund (IMF) is urging countries to modernize how they measure inflation and other key indicators, integrating point-of-sale and online data to reduce “blind spots” that, the institution argues, are widening as the economy becomes more digital and traditional surveys lose accuracy.
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US President Donald Trump said on Saturday he will lift the temporary “global” tariff his administration unveiled just a day earlier from 10% to 15%, after the Supreme Court struck down his broader tariff program. The shift requires amending the proclamation and related measures issued on Friday.
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US President Donald Trump lashed out at the Supreme Court hours after it curtailed his ability to impose sweeping tariffs under emergency powers, and signaled he intends to press ahead with his trade strategy. “I’m ashamed of certain members of the court, absolutely ashamed,” he said at the White House.
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