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'Definitive solution' on Brazil-US trade within days: Lula
'Definitive solution' on Brazil-US trade within days: Lula
Economy
by  AFP

Brazil's President Luiz Inacio Lula da Silva said Monday a trade deal with the United States could happen within days, possibly easing punitive tariffs after months of animosity. Lula met President Donald Trump at an Association of Southeast Asian Nations (ASEAN) summit on Sunday, after urging the US leader earlier this month to lift punitive 50 percent trade tariffs.

ECB to hold interest rates steady with inflation subdued
ECB to hold interest rates steady with inflation subdued
Economy
by  AFP

The European Central Bank is expected to hold interest rates steady this week for its third straight meeting, with inflation under control and the long-struggling eurozone economy looking healthier. The eurozone economy has long been treading water, dragged down in particular by a poor performance in Germany, with growth rates lagging far behind those of China and the United States.

Australia sues Microsoft over 'misleading' AI offer
Australia sues Microsoft over 'misleading' AI offer
Economy
by  AFP

Australia's competition watchdog accused Microsoft on Monday of misleading people into paying for its AI assistant Copilot. But there was a partly hidden third option -- visible only when people started to cancel -- of sticking to existing "Classic" plans without Copilot for the original price, the Australian Competition and Consumer Commission said in a statement.