Brazil seeks new markets as US tariff hits exporters

Brazil is negotiating with the US to reverse a 50 percent tariff on its goods, including beef, fruit, and coffee, Foreign Trade Secretary Tatiana Prazeres said Tuesday. According to Xinhua, the tariff was imposed in response to Brazil’s prosecution of former President Jair Bolsonaro,

Prazeres highlighted efforts to diversify exports, focusing on markets such as Mexico, Canada, and India. Brazil has also filed a complaint with the World Trade Organization over the tariffs.

The government is advancing Mercosur trade talks with Canada, the EU, and the European Free Trade Association. Brazil aims for a constructive “win-win” relationship with Washington, with the US accounting for roughly 12 percent of its exports, Xinhua reported.

Mexican president opposes foreign intervention in sovereign countries

Mexican President Claudia Sheinbaum on Tuesday reaffirmed her opposition to any foreign interference in the affairs of sovereign nations, amid rising tensions between the United States and Venezuela, Xinhua reported.

Speaking at her daily press conference, Sheinbaum emphasized that Mexico’s foreign policy is guided by respect for sovereignty, self-determination, and peaceful conflict resolution. She stressed that Mexico stands against interventionism while supporting nations’ rights to determine their own path.

According to Xinhua, the remarks come as US deployed warships near Venezuela, citing efforts to combat international drug trafficking.

 

25 killed, 27 injured in Kabul road accident

At least 25 passengers were killed and 27 others injured when a bus overturned Wednesday morning in the Arghandi area west of Kabul, officials said. Abdul Mateen Qani, spokesperson for the Ministry of Interior Affairs, attributed the accident to reckless driving. Emergency services promptly transported the injured to nearby health centers, according to Xinhua.

The tragedy adds to a deadly week on Afghan roads, which has seen nearly 100 fatalities. Earlier, a bus-truck collision in Herat province claimed 79 lives, including women and children.

Nepse surges by 53. 01 points on Wednesday

The Nepal Stock Exchange (NEPSE) gained 53.01 points to close at 2,819.10 points on Wednesday.

Similarly, the sensitive index surged by 8.52 points to close at 483. 42 points.

A total of 14,986,142-unit shares of 321 companies were traded for Rs 7. 68 billion.

Meanwhile, Bikash Hydropower Company Limited (BHCL) was the top gainer today, with its price surging by 10. 00 percent. Likewise, 10.25% KBL Debenture 2086 (KBLD86) was the top loser as its price fell by 5. 79 percent.

At the end of the day, total market capitalization stood at Rs 4. 71 trillion.

 

South Korea bans phones in school classrooms nationwide

South Korea has passed a law banning mobile phones during class hours in schools starting March 2026. According to BBC, the move aims to address growing concerns over smartphone addiction, which surveys show affects nearly half of the country’s teenagers.

The law grants teachers authority to restrict phone use on school grounds, while allowing exemptions for emergencies, educational purposes and students with special needs.

Supporters believe it will reduce classroom distractions and bullying, while critics argue it overlooks deeper issues such as academic pressure. South Korea is among the first countries to enshrine such a ban in law, BBC reported.

 

Monk behind Thailand Aids hospice arrested for embezzlement

A respected Thai monk who founded a hospice for HIV/Aids patients has been arrested over alleged embezzlement of donations, BBC reported.

Police detained 65-year-old Luang Phor Alongkot, abbot of Wat Phrabatnampu temple in Lopburi, along with influencer Seksan Sapsubbsakul, who had helped raise funds. Both deny wrongdoing.

Alongkot, who established the hospice in 1992, resigned last week amid growing suspicions of misused funds.

According to BBC, monks are highly revered in Thailand, but recent scandals over fraud and misconduct have put the Buddhist clergy under increased scrutiny.

 

Palestinians flee Israel’s fierce bombardment of Gaza City

Thousands of Palestinians are fleeing Gaza City as Israeli forces intensify their assault, flattening entire neighborhoods and leaving residents with few places to seek safety, according to Al Jazeera.

Israeli tanks and warplanes have struck areas including Sabra, Shujayea, Tuffah and Jabalia, destroying homes, roads and infrastructure. Locals described the bombardments as “earthquakes” aimed at driving people from their homes.

Despite mounting protests in Israel and international condemnation, the military says it is targeting tunnels and weapons. Since August 6, more than 1,000 buildings have been destroyed in Gaza City’s Zeitoun and Sabra districts, according to Palestinian Civil Defence.

Half of Gaza’s population lives in the city, with thousands now pushing westward toward the coast or further south to areas like Khan Younis and al-Mawasi in search of refuge, Al Jazeera reported.

Trump's doubling of tariffs on Indian imports takes effect, hiking tensions

President Donald Trump’s tariff hike on Indian goods took effect Wednesday, doubling duties to as much as 50 percent on products like textiles, jewelry, footwear, furniture and chemicals, Reuters reported.

The move, tied partly to India’s Russian oil purchases, puts thousands of exporters and jobs at risk, especially in Prime Minister Narendra Modi’s home state of Gujarat. India’s Commerce Ministry says it will support affected businesses and encourage them to seek new markets in Asia, Latin America and the Middle East.

A short grace period allows goods already in transit to enter the US at lower rates until September 17.

Washington argues Indian tariffs unfairly restrict US exports, pointing to rates as high as 100 percent on autos and heavy duties on farm goods. India counters its average tariff on US imports is only 7.5 percent, according to Reuters.