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Lula urges Mercosur-Japan deal to counter Trump protectionism
Lula urges Mercosur-Japan deal to counter Trump protectionism
by  AFP

Brazil's President Luiz Inacio Lula da Silva called Wednesday for a trade deal between South America's Mercosur bloc and Japan to counter growing US protectionism. The Keidanren business federation "urgently" called in November for "expedited efforts" towards a Japan-Mercosur Economic Partnership Agreement (EPA), an accord similar to a free trade deal.

ECB's digital euro sparks flurry of online misinformation
ECB's digital euro sparks flurry of online misinformation
by  AFP

European Central Bank president Christine Lagarde's recent remarks on a "digital euro" prompted a fresh wave of misinformation online, highlighting an uphill battle ahead to convince the public of the project's merits. - 'Strategic autonomy' - The ECB and dozens of other central banks worldwide are exploring or putting in place central bank digital currencies (CBDCs) as cash use declines.

ECB pushes back against calls for looser bank rules
ECB pushes back against calls for looser bank rules
by  AFP

The European Central Bank has pushed back against calls to loosen rules for eurozone banks despite fears they could fall behind US rivals if President Donald Trump implements major deregulation. - Banking rules stall - Still, Montagner conceded it was ultimately not his call to set rules for the eurozone banking system -- that is up to European lawmakers.

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