Brazil central bank still uneasy on inflation outlook, governor says

BRASILIA (Reuters) -Brazil’s central bank remains dissatisfied with progress toward bringing inflation back to its target, its governor said on Monday, stressing that policymakers will maintain a data-dependent approach. Speaking at an event hosted by banking lobby Febraban, Gabriel Galipolo said the bank is “clearly moving in the desired direction to fulfill our mandate” of…

Read More

US labels another Venezuelan group as terrorist, ramping up pressure

By Daphne Psaledakis WASHINGTON (Reuters) -The United States on Monday formally designated Venezuela’s Cartel de los Soles as a foreign terrorist organization, layering additional terrorism-related sanctions on the group it has said includes President Nicolas Maduro and other high-ranking officials. Venezuela’s government rejected what it called a “ridiculous” U.S. plan to designate the “non-existent” group….

Read More

EU states back away from forcing Big Tech to detect and remove child pornography

BRUSSELS (Reuters) -European Union member states have agreed a common position on draft online child protection legislation without forcing global tech companies to identify and remove online child sexual abuse. The position, announced on Wednesday by the European Council, represents a victory for U.S. companies such as Alphabet’s Google, Meta and others as well as…

Read More