Prime Minister Narendra Modi on Friday surprised markets by naming Nirmala Sitharaman, formerly the country’s defence minister, as the next finance minister at a time when Asia’s third-largest economy is stuttering.

Region:

India

Category:

Politics

President Jair Bolsonaro’s far-right government launched a barrage of measures on its first day in office on Wednesday to crack down on crime and shrink the size of the state, sending Brazilian markets higher.

Region:

America

Category:

Politics