Strong earthquake rocks Indonesia’s Java Island, authorities warn of possible aftershocks

22 de March, 2024

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⟵ UN appeals for $4 billion in aid as Syrian humanitarian crisis deepens

Barça chief: Mbappé would distort Madrid squad ⟶

Russia Commits to Oil Export Cuts Through 2023

Deputy Prime Minister Alexander Novak confirmed that Russia will continue reducing oil exports throughout 2023. The country aims to balance the global oil market. They will cut back on exports by 300,000 barrels daily until December. This announcement came on Sunday. Despite exceeding export targets, Russia remains committed. It stands by its decision along with […]

Since Lula took office, gasoline and ethanol prices have skyrocketed across Brazil

Following the transition to Luiz Inácio Lula da Silva’s presidency, a national increase of 12% in gasoline prices has been recorded. Seven states have experienced a surge exceeding 15%, with Amazonas seeing the highest rise of 25%, bringing the cost per liter to R$6.30 (US$1.26 per liter or US$4.76 per gallon). Other significantly affected states […]

Emerging markets face bond impact as traders shift in anticipation of rate hike

Emerging market assets, which initially experienced a stock downturn and extended to currencies earlier this month, are now impacting bonds. This shift comes as traders rapidly revise bets in anticipation of interest rate cuts. On Thursday, the average insurance cost against default rose across 20 emerging economies, marking its most significant monthly surge since last […]