Copper is spiraling lower as investors increasingly write off the prospects for a decisive economic recovery in China

Ron DeSantis will officially enter the 2024 presidential race on Wednesday following months of speculation. The Florida governor will take part in a live Twitter event with Elon Musk on Wednesday night, NBC News reports. Afterward, the campaign will release an official launch video. On Tuesday night Casey DeSantis kicked off her husband’s campaign by posting a video of him getting ready to go on stage in front of an American flag. “America is worth the fight... Every. Single. Time,” Ms DeSantis tweeted along with the expensively produced video. On Monday, Mr DeSantis, 44, teased his 2024 bid while speaking at the National Religious Broadcasters Convention in Orlando in which he outlined his vision for a conservative grip on the Supreme Court to last a quarter of a century. In what appeared to be a subtle swipe at Donald Trump he announced his plans to run for eight years – something Mr Trump cannot do. Mr DeSantis, 44, is seen as Mr Trump’s biggest rival for the Republican vote with several Republican lawmakers and right-wing media rallying behind him after the midterms. However, the latest polls show Mr DeSantis trailing Mr Trump. This comes at a time when Mr DeSantis is going to war with Disney and pushing back on the NAACP‘s advisory warning travellers that Florida is “openly hostile” towards Black people, people of colour and LGBT+ people due to his laws. Read More DeSantis’s wife launches his presidential campaign with first 2024 video: ‘America is worth the fight’ Everything Elon Musk has said about the 2024 election so far David Sacks: The controversial entrepreneur hosting Ron DeSantis 2024 event with Elon Musk

Ecuador's National Electoral Council announced on Tuesday that early presidential elections would be held on Aug. 20 after President Guillermo Lasso dissolved the National Assembly by decree last week and brought forward the vote scheduled for 2025. Lasso's decision to dissolve the opposition-led legislature came as lawmakers tried to impeach him for not stopping a deal between the state-owned oil transport company and a private tanker company, accusations he denies. In disbanding the assembly, the president made first use of an option available to him under the constitution in conflicts with the legislative branch. Elections had to be called within three months, for both the assembly and presidency, and the winners will serve out what would otherwise have been the remainder of the terms of those elected officials. If there is no outright winner a runoff vote will be held in October. Lasso can choose to run in the presidential election. In the meantime, he can rule by decree for up to six months. Ecuador’s Constitutional Court on Thursday rejected multiple challenges that sought to invalidate Lasso’s decree dissolving the National Assembly. Lasso, a 67-year-old former right-wing banker, took power in May 2021 for a four-year term after winning the general election. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide

New Zealand’s central bank raised interest rates by a quarter-percentage point and unexpectedly signaled that no further policy

Talks over forming Thailand’s next government are well into their second week and there’s still no sign that

New York City Mayor Eric Adams has asked a judge to temporarily suspend a 42-year-old court ruling requiring

After more than three years, the global Covid emergency is officially over. Yet it’s still killing at least

Chinese stocks fell, with the benchmark index close to erasing its gains for the year, as a weaker

Billionaire Anil Agarwal’s debt-strapped Vedanta Group took out a fresh loan for about $850 million, its latest effort

Hong Kong, which is preparing to introduce a new regime for trading digital assets, is responding to concerns

Pakistan’s former human rights minister has become the most high profile figure to quit Imran Khan’s party amid

Quebec’s government has chosen former pension fund head Michael Sabia as the next chief executive officer of Hydro-Quebec,