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Trump-Xi, Rio bodies, Melissa and Fed

U.S. President Donald Trump shaves China tariffs after an “amazing” meeting with Chinese President Xi Jinping. Hurricane Melissa tears through the Caribbean, as the extent of its devastation begins to emerge. Brazil’s deadliest police raid leaves over 100 dead, with corpses lying on the street just days ahead of COP30. And the Dutch centrist party makes huge election gains, delivering a blow to the far-right. Plus, the Fed says not to assume another interest rate cut is on the cards for 2025. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here…

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