12 killed in Brazil shootout

Speaking to journalists, Silveira said the country's fuel supply remains stable and the government is closely monitoring developments in the international oil market as well as domestic price movements.

Speaking alongside Lula, the South African leader highlighted the importance of the Brazilian president's leadership in deepening bilateral ties and expanding cooperation between the two nations. He described Brazil as a vital strategic partner for South Africa across multiple sectors, as per the reports of Brasil 247.

The remarks came during a meeting with Cyril Ramaphosa at the Planalto Palace in Brasilia as part of Ramaphosa's state visit aimed at deepening bilateral relations between the two countries.

In a press statement, Khaled Mohamed Balama, Governor of the UAE's central bank, said banks, financial institutions, and insurance companies across the United Arab Emirates continue to operate normally and are providing services efficiently and without disruption nationwide.

According to Brasil 247, Data from the Quarterly National Accounts indicated that all three principal sectors -- Agriculture, Industry and Services posted growth during the year, highlighting the economy's resilience despite tight monetary conditions.

According to Brasil 247, the discussion followed Brazilian President Luiz Inacio Lula da Silva's recent visit to India, highlighting contrasting national strategies. Gala underscored India's long-term commitment to industrialisation under initiatives such as Make in India, supported by state-backed industrial corridors designed to channel infrastructure, incentives, and investment into priority sectors and regions. He noted that India has tripled its per capita income over two decades, sustaining annual growth rates of 6 to 7 per cent, a trajectory he described as comparable, though smaller in scale, to China's ascent.

In Press Release No. 66, published earlier in the day by the Ministry of Foreign Affairs, Brazil stated that the strikes took place "in the midst of a negotiation process between the parties," which it described as the only viable path to peace.

Roth highlighted Luxembourg's robust financial sector, which comprises 115 banks, an investment portfolio of 8 trillion euros in asset management, and a presence in investment and financial services across around 80 countries. In this context, he expressed his eagerness to further strengthen financial relations with India, particularly with Gujarat.

Brazil's Chamber of Deputies approved, in the early hours of Wednesday, a bill creating the Special Tax Regime for Data Centre Services (Redata), a measure designed to attract large-scale digital infrastructure investments with an estimated tax waiver of R$ 7 billion over three years. The proposal now moves to the Federal Senate, which must vote on it before midnight when the provisional measure underpinning the policy expires.

"Held a constructive meeting with Arvind Krishna, CEO of IBM. We discussed the company's expanding footprint in India, with a strong focus on advancing AI skilling initiatives to equip our talent with future-ready capabilities. Encouraging to see global technology leaders contributing meaningfully to India's innovation and sustainability goals," the Union Minister posted on X.