In June 2023, Colombian exports amounted to US$3.986 billion, marking a 27.5% decline compared to June 2022, according to data from Dane and Dian. This decline was primarily due to a 38.9% drop in external sales from fuels and products of extractive industries. These exports accounted for 50.3% of the total value, followed by manufactures […]
Related Posts
São Paulo Records Warmest Winter in 62 Years
This year, São Paulo experienced its warmest winter since 1961, with the National Institute of Meteorology (INMET) reporting an average temperature of 26°C. The previous record stood at 25.2°C in 1961. Winter officially ended early Saturday, making way for spring. The forecast for Friday showed a high of 34°C. This would top the year’s previous […]
Ibovespa Stumbles Below Milestone Amid Global Uncertainty
This Monday, the Ibovespa index dipped by 0.31%, landing at 127,750.92 points—a significant retreat of nearly 400 points. Initially promising, the index faltered, mirroring persistent market jitters in São Paulo. During XP’s morning call, Fernando Ferreira voiced investor concerns. Post-government fiscal revisions in April, anticipation of worsening fiscal outcomes has grown. Additionally, a recent Copom […]
Brazil’s Decisive Strides Towards Lower Deforestation Rates
Rodrigo Agostinho, head of Ibama, believes Brazil is on track to reduce deforestation within one to two years significantly. Brazil’s environmental agency, Ibama, actively implements policies and regulations to protect the country’s diverse ecosystems and natural resources. His confidence stems from Brazil’s ongoing conservation efforts. These efforts are particularly focused on the Amazon region. Agostinho […]