The eurozone has shown clear signs of resilience this year, with GDP up 0.4% in Q1, driven by strong job markets and falling inflation, currently at 2.2%. But growth prospects took a hit after the US announced a 20% levy on EU goods, denting exports and business confidence.

Brazil’s 2026 election may be a breaking point for the country’s markets and policies. Fiscal rules, interest rates, and asset returns all depend on who wins. With questions over whether Lula will seek re-election and no clear conservative successor to Bolsonaro, the field is wide open.

Monetary debasement has been a recurring process throughout economic history, with governments and central banks seeking ways to manage mounting debts and economic crises. In its simplest form, debasement refers to the reduction in the value of a currency, historically through lowering the precious metal content (such as gold and silver) in coins, and in modern times through excessive creation of money. While these measures have sometimes provided short-term relief, they carry hidden costs that can have profound long-term implications.