Last week, Brazil's corn prices rose significantly in major markets, influenced by 2024's early rain pattern changes, as observed by Safras Consultancy. The South saw less rain, while the Central-North regions experienced improved conditions. This change affected crops differently: soybeans in Mato Grosso and Goiás received late rains, but it was timely for the 2024 […]
In 2023, Brazil recorded the seventh highest inflation among G20 countries, reports Alex Agostini, Austin Rating's chief economist. The country ended the year with a 4.62% annual rate, its lowest since 2020. This marked the first time in three years Brazil met its inflation target. Argentina led the G20 in inflation, ending 2023 with a […]
Over the weekend, Taiwan elected Lai Ching-te as its president, an event that has garnered significant global attention, especially from the United States. Lai Ching-te, known for his strong pro-independence stance, has been an influential figure in Taiwanese politics, notably serving as Premier before his election as President of Taiwan. The U.S. showed its support […]
Global coffee production achieved a notable milestone in the 2022-2023 coffee year, reaching approximately 10.1 million tons. This amount indicates a slight increase of 0.1% compared to the previous year. The International Coffee Organization (ICO) defines the coffee year from December to November, and this information is detailed in their November 2023 Coffee Market Report. […]
Bernardo Arévalo took office as Guatemala’s president on January 14, 2024, marking a historic moment in the country’s history. The inauguration, delayed by over eight hours, was a departure from the constitutionally mandated schedule. The ceremony at the Miguel Ángel Asturias Cultural Center saw Arévalo and Vice President Karin Herrera sworn in. Samuel Pérez, the […]
Over the weekend, catastrophic weather struck Rio de Janeiro, Brazil, with torrential rains causing floods and landslides that led to the deaths of at least eleven people. The Baixada Fluminense region and the northern part of the city were particularly affected. These deaths occurred due to drowning, electric shocks, and being buried under debris, as […]