Will a new border deal with the US open a backdoor into Kiwis’ personal data? 
What does China’s host bid mean for the High Seas Treaty? 
Makemation: a Nollywood movie that shows AI in action in Africa 
Trump Tariffs Show Minimal Economic Impact but Boost Federal Revenue, Study Finds 
God on their side: how the US, Israel and Iran are all using religion to garner support 
Time to buy local: war fuel price shocks reveal the folly of a long food supply chain 
Goldman Sachs Raises Oil Price Forecasts Amid Strait of Hormuz Disruptions 
US-Iran Ceasefire Talks Underway: What You Need to Know 
Brazil's economy has been hit the hardest this year as its central bank hiked interest rates to their highest levels in nine years in a bid to battle inflation, which has moved to almost 12 year high.
Inflation has reached 9.56% in July while Central Bank is trying to target it at 4.5%. Interest rates in Brazil stands at 14.25%, highest among major world economies.
In the midst of this battle -
- Recession seems to be deepening. This year's recession could be worse in at least a quarter century.
- Real dropped to new 12 year low against Dollar. Real is likely to fall further against Dollar and developed market currencies.
- Political crisis might explode as demonstrators are demanding resignation of President Dilma Rousseff over a corruption scandal in Petrobras, state owned oil major.
- Commodities rout, such as sugar, orange juice, Coffee have worsened Brazil's current account deficit.
- Deepening recession has dwindled government tax revenue, which is struggling to balance budget.
