U.S. President Donald Trump indicated that he will announce the successor to Jerome Powell, current chairman of the Federal Reserve (Fed), in early 2026.
Trump stated that he had offered the position to Treasury Secretary Scott Bessent, but the official does not want it. On the other hand, his…
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OPEC+ maintains oil supply levels
OPEC+ announced that it will maintain its current global oil supply levels until April 1, 2026. The production cuts established in 2022 will also remain in effect, but only until December 31 of the same year.
The alliance, led by Saudi…
Poverty rates have decreased in the European Union
According to the EU's statistical office, Eurostat, “the overall poverty rate in the EU fell to 17.4 %, decreasing sharply in southern and eastern countries (Cyprus -38 %). However, Eurostat confirms that it rose in France (+2 %) and the…
Passengers without REAL ID will pay an additional $45 starting in February in the United States
The Transportation Security Administration (TSA) announced on Monday, December 1, its decision to charge a $45 fee starting in February 2026 to passengers within the United States who do not comply with the federal REAL ID Act.
The…
Cryptocurrency platform suspected of money laundering dismantled in Europe
In a joint operation by German and Swiss authorities, Europol, and Eurojust, a cryptocurrency platform was dismantled for allegedly operating with money derived from drug trafficking, money laundering, digital fraud, and drug or arms…
Venezuela and Russia sign 42 new agreements
Venezuela and Russia signed 42 agreements in various key areas for both nations, such as agriculture, energy, cooperation, and the extension to 15 years of the license for oil exploration and exploitation by joint ventures.
The meeting…
Colombia could increase the minimum wage by 11 % in 2026
In 2026, workers in Colombia could receive an 11 % wage increase, according to current discussions being held by the Ministry of Labor with other relevant authorities.
It is estimated that next year, the current Legal Monthly Minimum Wage…
Florida bans social media for children under 14
An appeals court gave the state of Florida the green light to implement a law prohibiting children under 14 from having social media accounts.
According to the Eleventh Circuit Court of Appeals, the temporary injunction against HB3,…
Italy passed a law establishing life imprisonment for femicide
Italy passed a law that criminalizes femicide and established a life sentence for perpetrators.
The Parliament's decision, announced last Tuesday, "responds to a wave of homicides and crimes of violence directed against women in the…
Lula da Silva anticipates signing of Mercosur-EU free trade agreement in December
The free trade agreement between the Southern Common Market (Mercosur) and the European Union will be signed on December 20, according to Brazilian President Luiz Inácio Lula da Silva, who made the announcement after participating in the…
Trump removes 40 % tariff on certain Brazilian products
The United States announced the elimination of the 40 % tariff on a list of products from Brazil, following negotiations between Donald Trump and Luiz Inácio Lula da Silva.
The products included are beef and other bovine products; spices,…
CAF approves a $550 million loan for Bolivia
The President of the Development Bank of Latin America and the Caribbean, Sergio Díaz-Granados, announced on Monday an immediate $550 million loan to provide liquidity to Bolivia.
The news was communicated directly to the new president of…