Regional News

Brazil’s President Luiz Inacio Lula da Silva and China’s President Xi Jinping shake hands as they sign bilateral agreements, in Brasilia, Brazil November 20, 2024. REUTERS/Adriano Machado 
Brazil’s President Luiz Inacio Lula da Silva and China’s President Xi Jinping shake hands as they sign bilateral agreements, in Brasilia, Brazil November 20, 2024. REUTERS/Adriano Machado 

Xi and Lula elevate China-Brazil ties in state visit

BRASILIA, (Reuters) – China’s President Xi Jinping and his Brazilian peer Luiz Inacio Lula da Silva yesterday upgraded the status of diplomatic relations and struck agreements on infrastructure, energy and agribusiness, tightening links between two of the world’s largest developing economies.

(Reuters photo)

Venezuela depreciation risks reversing years of inflation gains

CARACAS, (Reuters) – Currency depreciation is set to reverse years of declining inflation in economically beleaguered Venezuela, public and private sector sources say, as foreign currency sales fall short of demand and the socialist government keeps tight-lipped about its strategy.

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