Latin America News
LAST UPDATE: May 22, 2025
Canadian finance minister touts progress in talks with US counterpart
Canadian Finance Minister François-Philippe Champagne reported positive developments in bilateral talks with US Treasury Secretary Scott Bessent during the G7 summit.
Insight
The constructive discussions signal a potential strengthening of US-Canada economic relations, focusing on shared priorities and collaborative approaches.
Carney Says Canada, US Are in ‘High Level’ Talks on Golden Dome Defense System
Canadian Prime Minister Mark Carney confirmed that Canada is in high-level discussions with the US regarding participation in the “Golden Dome” missile defense system.
Insight
Canada’s involvement in the US-led defense initiative reflects deepening security ties and a commitment to collaborative defense strategies in response to evolving global threats.
Brazil central bank sees stable inflation expectations as key to pausing rate hikes, says director
Brazil’s central bank emphasizes that stable inflation expectations are crucial for halting interest rate increases.
Insight
The focus on inflation expectations highlights the bank’s cautious approach amid economic uncertainties.
