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Fate of major trade deal with EU hangs over Mercosur summit
Fate of major trade deal with EU hangs over Mercosur summit
Economy
by  AFP

The fate of a landmark trade deal with the European Union, which France is trying to block, looms large over a summit this week of South America's Mercosur bloc. - 'Lowest ebb' - The biannual Mercosur summit comes at a low point in relations between Brazil and Argentina, South America's biggest and second-biggest economies respectively.

Philippines biodiversity hotspot pushes back on mining
Philippines biodiversity hotspot pushes back on mining
Economy
by  AFP

A nickel stockpile towers over farmer Moharen Tambiling's rice paddy in the Philippines' Palawan, evidence of a mining boom that locals hope a new moratorium will tame. For some in Palawan, the demand for nickel to power EVs has a certain irony.

Deal or no deal: What happens with Trump's July tariff deadline?
Deal or no deal: What happens with Trump's July tariff deadline?
Economy
by  AFP

A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst. This week, EU trade chief Maros Sefcovic is in Washington in a push to seal a trade deal, with the EU commission having received early drafts of proposals that officials are working on. bys/sla