Pentagon’s US$1.5 Trillion Budget Explained
The Pentagon wants US$1.5 trillion for 2027, but US$350 billion depends on a party-line vote leaders doubt. What it means...
October 28, 2026Section
Economy
California Billionaire Tax Vote Explained
California votes 3 November on a one-time 5% tax on billionaires. Who pays, where the money goes, and why two...
October 28, 2026
Brazil Factories Choke on 13.75% Rates
Brazil's CNI says 13.75% interest rates pushed its 2026 growth forecast down to 1.6% on 28 October. Factories take the...
October 28, 2026
Fed Plans 1 Meeting With No Rate Vote
Fed Chair Kevin Warsh said on 28 October 2026 that one 2027 meeting with no rate vote and no statement...
October 28, 2026
US September Goods Deficit Hits US$134.9B
The US goods trade deficit widened to US$134.9 billion in September 2026 against US$130.4 billion expected, while wholesale inventories rose...
October 28, 2026
US$7bn of Brazil’s Inflow Was Not Fresh
Brazil received US$11.3 billion in direct investment in September 2026, but about US$7 billion was not fresh outside capital. The...
October 28, 2026
Brazil Audit Court Proposes 11.3% Sales Tax
Brazil's Federal Audit Court proposed an 11.3% rate for the new CBS sales tax in 2027, above the 9.21% a...
October 28, 2026
Somalia Budget Falls 9% to US$1.26 Billion
The Somalia budget for 2027 stands at US$1.26 billion after cabinet approval on Tuesday 27 October, about 9% below this...
October 28, 2026
Brazil Factory Prices Jump 4.34% in a Year
Brazil factory prices rose 1.54% in September and 4.34% over 12 months, up from 2.50%, as oil and food climbed,...
October 28, 2026