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Brazilian mining sector records 6% growth in H1 2023
In the first half of 2023, the Brazilian mining industry reported a 6% increase in revenue and tax collection compared to the same time the previous year, according to data from the Brazilian Mining Institute (Ibram). From January to June, revenue amounted to R$120 billion (US$25 billion), with tax contributions coming in at R$41.4 billion […]
Japan’s Nikkei Hits 34-Year Peak Thanks to Chip Sector
On January 22, 2024, the Nikkei Stock Average reached a 34-year high of 36,546, following a 1.6% surge from the previous day. The rise was led by semiconductor-related stocks, fueled by recovery hopes in the chip market. The U.S. stock market had rallied over the weekend, especially tech stocks. This included a 4% rise in […]
China Bolsters Brazilian Infrastructure with $54 Billion
Since 2003, China has invested $54 billion in Brazil, covering 100 projects. This move aims to deepen China’s ties with Latin America and showcases a diverse partnership spanning energy, telecommunications, and agriculture. Initially focusing on energy, especially electricity, China’s interests have broadened to finance, IT, and green energy, underscoring a commitment to Brazil’s development. The […]