On Monday, the U.S. dollar rose against Brazil's real, reflecting global economic trends and investor focus on upcoming key data and rate decisions. The dollar's rise, closing at 4.9514 reais, reflects a broader trend of a 2.06% gain in January. Concurrently, Brazil's B3 exchange saw the nearest future dollar contract rise by 0.53%, hitting 4.9480 […]
January saw a notable surge in Brazilian industry confidence, highlighting improvements in both present and future business prospects. The Getúlio Vargas Foundation (FGV) reported this upswing on Monday (29). The Industry Confidence Index (ICI) rose by 1.8 points to 97.4, marking its fourth consecutive increase. This level is the highest since August 2022, when it […]
Uranium’s market is showing significant growth potential in 2024, driven by the global shift towards nuclear energy. Analysts, including those from Goldman Sachs Wealth Management, point to the surging demand for uranium, fueled by nuclear power’s prioritization worldwide. This trend is evident in the price of uranium, which has tripled over the past three years. […]
In a groundbreaking shift, India and China are redefining the global space race, a move that resonates deeply with the Global South. At the heart of this transformation is India’s Agnikul Cosmos, a startup operating from the prestigious Indian Institute of Technology Madras. Here, innovation thrives as small rockets come to life through advanced 3D […]
St. Vincent and the Grenadines' government is eyeing the purchase of Baliceaux Island, priced at $30 million. This untouched island is significant for its history with the Garifuna people, descendants of African and Carib natives. They were forcibly taken there, never reaching their intended destination of Roatán, Honduras. Ralph Gonsalves, the Prime Minister, has initiated […]
The U.S. reviews its Venezuela sanctions policy amid rising tensions after Maria Corina Machado’s disqualification from the presidential elections. This development challenges the U.S.’s earlier decision to ease trade restrictions, a move that contributed to an 8% growth in Venezuela’s economy last year, the highest in over a decade. Washington’s easing of sanctions was contingent […]
In 2024, critical issues will confront the world, especially Latin America. Ipsos, a market research firm, conducted the "What Worries the World" survey. This study shows that inflation is a major global concern for the 22nd month in a row. Among participants from 29 nations, 36% point to soaring prices as their top worry. This […]