Canberra and New South Wales have committed A$2.5 billion over a decade to keep Australia’s largest aluminium smelter alive, a bailout that lays bare the accelerating global race to subsidise strategic metals. SYDNEY, August 13, 2026. Australia’s federal government and the New South Wales state government on Thursday jointly announced a rescue package worth A$2.5…
Brasilia rewrites the tariff fine print on hundreds of machines, chips and truck parts, betting that cheaper imported equipment can keep its reindustrialization drive on track while a 25 percent United States tariff squeezes its exporters from the outside. BRASILIA, August 10, 2026 Brazil’s foreign trade chamber has pushed through one of the broadest single-week…

On 3 June 2026, reporting from Brussels confirmed what European industry had been bracing for through a long, anxious spring: the European Union is preparing to warn its own citizens and companies that a trade conflict with China is now the most likely path forward. After a closed-door meeting of senior Commission officials, the message…

A window into how Washington is now buying American pharmaceutical capacity and what the Lebanon expansion tells us about the new U.S. industrial-policy architecture for pharma Eli Lilly is making another major investment in U.S. manufacturing, announcing plans to spend an additional $4.5 billion at two of its sites in Lebanon, Indiana. The headline figure…