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World in Brief — Tuesday

• •EU and Mercosur sign the long-awaited trade pact after 25 years of negotiation; ratification battles loom in France.
• •Federal Reserve holds rates steady; Powell signals two cuts likely in 2026 as core PCE eases to 2.4%.
• •South Korea's parliament impeaches the acting president, deepening a constitutional crisis ahead of elections.
• •OPEC+ extends voluntary cuts through Q2; Brent crude climbs 3% on the news.
• •Cyclone Chido leaves Mayotte facing what officials call the worst destruction in a century.