Tuesday brought gains across Europe’s main stock markets. The DAX index in Frankfurt hit a new high. This happened as investors waited for inflation data. They believe this data will guide future decisions on interest rates. The STOXX 600 index rose slightly by 0.18% to 496.33. A 1.7% increase in the mining sector helped this […]
Latin America employs diverse strategies for taxing wealth. Colombia, Uruguay, and Argentina tax overall wealth. Chile, Mexico, and Peru focus on specific assets, like real estate. Brazil targets the ultra-rich with a new tax. This taxation sparks debate. Supporters see it as embodying fairness and redistribution. Critics, citing the international firm Garrigues, argue it discourages […]
U.S. Treasury Secretary Janet Yellen praised Brazil for its promising role in global supply chains. She urged Brazil to create a welcoming environment for private investments to flourish. Yellen lauded Brazil's groundbreaking tax reform, highlighting its appeal to both American and global companies seeking operations within Brazil. Marking two centuries of U.S.-Brazil diplomatic ties, she […]
The U.S. dollar is showing remarkable strength, nearing its highest point since the pandemic. This comes as U.S. assets, especially stocks, surge. The dollar now stands 17% higher than its 20-year average against other major currencies. This strength is supported by the U.S. economy’s resilience, leading to reduced bets on Federal Reserve rate cuts. Higher […]
This February, the Amazon faced a record-breaking number of fires. The National Institute for Space Research (Inpe) had spotted 2,924 fires by February 26. This is the highest since 1999. Last year, parts of the forest, including Amazonas, saw more fires. President Luiz Inácio Lula da Silva's team admitted firefighting efforts fell short, even after […]
In the early months of 2024, Brazil's soybean exports to China will have nearly doubled from the previous year. Despite a lack of new large-volume sales, Brazil's exports are thriving on deals made when prices were more attractive. According to the Secretariat of Foreign Trade (Secex), Brazil shipped 4.986 million tons of soybeans in the […]
As of early this year, 261 mobile operators in 101 countries have initiated commercial 5G services. Nations such as Brazil, Chile, and Uruguay in Latin America are advancing in 5G adoption. Meanwhile, Colombia is just entering the 5G scene. The GSMA's Annual Mobile Economy Report, unveiled at the Mobile World Congress in Barcelona, reveals that […]
In 2023, Brazil witnessed its chemical industry's lowest capacity utilization at 64%, falling six points from the year before. This detail comes from the Brazilian Chemical Industry Association (Abiquim) in its latest report. December saw a sharper drop to 60%, a decline from both the previous year and month. The year also saw production dip […]
Over the last five years, Brazil has witnessed a 45% yearly increase in biopesticide use. This growth far exceeds the 6% seen in traditional agricultural chemicals. Now, biopesticides cover 70 million hectares in Brazil. A recent symposium, in collaboration with international universities and Ballagro Agro Technology, highlighted this shift. Wagner Bettiol from Embrapa Environment praised […]
Middle East logistic issues are disrupting global coffee exports. Ethiopian shipments to China and Japan face delays because ships are rerouting. The amount of delayed coffee remains unspecified. Local reports have brought this situation to light. Ships avoiding the Suez Canal now use the Cape of Good Hope, causing these delays. “One ship used to […]