In April 2024, Brazil’s construction sector witnessed a significant and impactful shift in its operations. The National Civil Construction Index (Sinapi) escalated to 0.41%, a high not recorded since September 2022. Released data by the Brazilian Institute of Geography and Statistics (IBGE) reflected a marked increase from March’s modest 0.07%. This uptick indicates dynamic economic […]
In March 2024, Brazil’s industrial regions painted a complex picture of growth and decline, as detailed by the IBGE Monthly Industrial Survey. While the national industrial output modestly increased by 0.9%, regional performances varied significantly. Pará led with a notable 3.8% growth, driven by its strong extractive sector. Following closely, Mato Grosso and Santa Catarina […]
Iraq firmly opposes any additional oil production cuts ahead of the OPEC+ meeting scheduled in Vienna on June 1. Oil Minister Hayyan Abdul Ghani emphasized Iraq’s refusal to support new reductions due to its critical economic needs. This decision reaffirms Iraq’s commitment to current export levels while aiming to stabilize oil prices amid persistent economic […]
Russia has reiterated its dedication to reinforcing relations with Chad following the re-election of Mahamat Idriss Déby as president. Moscow acknowledged the recent elections as a landmark in Chad’s transition to civilian rule. The Russian Foreign Ministry MID noted the peaceful proceedings and high voter turnout of 75.9%, reaffirming their readiness to bolster long-standing diplomatic […]
In a heated diplomatic row, Colombian President Gustavo Petro and Israeli Prime Minister Benjamin Netanyahu have publicly traded sharp criticisms. Petro has rebuffed claims of supporting Hamas and sharply criticized Israel’s military actions in Gaza as genocidal. Netanyahu earlier accused Petro of being an “antisemitic supporter of Hamas.” This accusation followed Petro’s call for the […]
(Analysis) In the complex American financial landscape, small-cap stocks uniquely blend potential with significant peril. Currently more affordable than in decades, they face a daunting $600 billion debt set to mature within five years. This situation signals a substantial risk, demanding attention from the Federal Reserve to attract investors. The Russell 2000 Index, which measures […]
In Brazil, high demand and limited funding are keeping mortgage rates elevated for the foreseeable future. Although reductions in the Selic rate last year hinted at lower mortgage rates, these expectations have not materialized. Analysts now predict a rise in interest rates, driven by strong credit demand and a lack of affordable financing options. The […]
In Brazil, the Northeast is poised to reclaim its historic economic role. From 2026 to 2034, the region is set to grow by 3.4% annually. This exceeds the national forecast of 2.5%, driven by R$750 billion ($150 billion) in investments focused on energy and infrastructure. Historically, the Northeast has seen economic highs, notably during the […]
Grêmio, Internacional, and Juventude called on the Brazilian Football Confederation (CBF) to completely suspend the Brazilian Football League. They highlighted the ongoing public emergency in Rio Grande do Sul, where recent calamities have made sports activity untenable. They requested a halt of up to three rounds of Série A matches while the crisis is addressed. […]
Cruzeiro has pursued a three-year deal for Cássio, a veteran goalkeeper who has built a legacy at Corinthians since 2012. Their interest underscores a strategic effort led by Pedro Lourenço, who recently took control of the club. Lourenço aims to invest heavily to revitalize the team, even with the current transfer window closed. The window […]
In the humid arena of Manaus, a single goal shattered Santos’ perfect record in Série B, pushing the team from first to third in the standings. On May 11, Amazonas claimed a 1-0 victory, marking a significant shift in the league’s dynamics. Enio, a striker for Amazonas, found the net in the 18th minute, a […]