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Bank Earningsin Financial Markets
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UniCredit boosts 2025 outlook on strong Q2 results, while Banorte holds steady despite a weaker quarter, and EFG profits surge despite dollar concerns.

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Financial Markets
Japan PM Ishiba to announce resignation by August end – Mainichi
NeutralFinancial Markets
Japan's Prime Minister Ishiba is reportedly planning to step down by the end of August, according to Mainichi. While the exact reasons aren’t detailed here, sudden resignations in politics often signal internal party struggles or shifting power dynamics.
Editor’s Note: Leadership changes in Japan can have ripple effects—both domestically and internationally—given the country’s economic and geopolitical influence. Ishiba’s exit might hint at behind-the-scenes turbulence or set the stage for a new direction in policy. Either way, it’s worth watching who steps up next.
Lawyers for Brazil's Bolsonaro say he did not violate social media ban
NeutralFinancial Markets
Lawyers representing Brazil's former president Jair Bolsonaro are pushing back against allegations that he violated a social media ban. They argue that his recent online activity—posting a video criticizing Brazil’s electoral system—doesn’t break the rules because the ban only applies to his personal accounts, and the video was shared through an official party channel.
Editor’s Note: This isn’t just about a technicality—it’s part of a bigger fight over Bolsonaro’s influence and free speech in Brazil. The case could set a precedent for how banned politicians navigate social media, especially as Bolsonaro remains a polarizing figure. Whether he’s skirting the rules or exploiting a loophole, it’s another chapter in Brazil’s tense political drama.

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