On Tuesday, the US dollar fell to 4.9630 reais, a 0.38% drop. This move away from the 5.00 reais level aligns with global trends. Investors worldwide turned to riskier assets. This shift came after signs that the Federal Reserve might postpone cutting rates. The dollar’s slight rise of 0.50% in February contrasts with this drop. […]
Related Posts
Brazil’s Chemical Industry Hits Historic Low Capacity in 2023
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 […]
Beirut Drone Strike Kills Hamas Leader, Heightening War Tensions
A drone strike in Beirut’s Dahiyeh neighborhood, a Hezbollah stronghold, killed Saleh al-Arouri, the deputy chief of Hamas, and left six people dead. Hamas condemned the attack as Israel’s “cowardly assassination.” Al-Arouri was a key Hamas figure and a founder of its armed wing. He lived in exile in Lebanon after an Israeli imprisonment. Israeli […]

The Wagner Group’s golden goose in Mali
Since late 2021, the Russian Wagner Group, led by Yevgeny Prigozhin, has shown a keen interest in Mali’s abundant gold resources. They have pursued various avenues, including obtaining mining permits, establishing local companies, engaging in artisanal gold panning, and trafficking gold through Dubai, writes Roger. Russian mercenaries have even set up mining companies in Mali […]