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Peru’s economy grew by 2.88% from January to August 2024, according to the National Institute of Statistics and Informatics (INEI). The INEI’s technical report on National Production revealed that economic activity increased by 3.53% in August alone. This growth was primarily driven by 11 economic sectors, with mining and hospitality leading the way. The mining […]
Underinvestment Leaves Brazilian Infrastructure in Critical Condition
Brazil faces a severe infrastructure crisis, with investment levels at their lowest since 2013. Economist Claudio Frischtak from Inter.B consultancy emphasizes the urgent need to increase infrastructure spending to 4–4.5% of GDP annually. Currently, investments are below 2%, leading to rapid deterioration of existing assets. Doubling investment over the next two decades could enhance public […]
Brazil’s Corn Production Set to Surpass Expectations
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