In a new development in Brazil, rice prices have started to decline following a 40% increase over the past year. As of January, the cost for producers reached R$ 128.83 ($25.8) per sack, up from R$ 91.45 in January 2023. The spike resulted from global market shifts, including India’s export ban on its primary rice […]
Related Posts
Lithium Lure: Chile and Argentina’s Rising Economic Fortunes
Lithium’s pivotal role in the electric vehicle market presents a golden opportunity for Latin American countries. Specifically, Chile and Argentina are seizing this opportunity. On the other hand, Bolivia remains a question mark, while Brazil’s contributions are minor for now. According to Benchmark Mineral Intelligence, Chile led with 34% of the world’s lithium output in […]
Europe’s biggest IPO prudently tests the water
Europe’s biggest listing this year is off to a cautious start. Hidroelectrica, Romania’s top hydropower producer, priced on Wednesday its initial public offering (IPO) at 104 lei ($22.87 per share, the middle of a proposed range, raising 1.8 billion euros. That values the whole utility at 46.8 billion lei, or 9.4 billion euros. It also […]