Rio de Janeiro / AFP The sweeping victory of centrist and right-wing parties in municipal elections on Sunday will give Brazil’s new President Michel Temer at least a temporary boost as he pushes through austerity reforms, analysts said. The once-dominant leftist Workers’ Party was routed in the nationwide polls, confirming Brazil’s shift to the right in the wake of ...

  Ottawa / AFP Canada will impose a national minimum carbon price in 2018 in order to meet its Paris accord commitment to slash greenhouse gas emissions, Prime Minister Justin Trudeau said. “All Canadian jurisdictions will put a price on carbon pollution by 2018… To get there, the government will set a floor price for carbon pollution,” he said in ...

  Bloomberg It’s Italy’s turn to worry the bond market. Two months before a referendum on reducing the power of the Senate, the country now pays the most to borrow compared with Spain since 2014 based on government bond yields. Prime Minister Matteo Renzi said previously he would quit if he lost the vote, making it effectively a judgment on ...