Brazil’s President, Luís Inácio Lula da Silva, welcomed two new ministers into his cabinet. André Fufuca will oversee Sports, and Sílvio Costa Filho will handle Ports and Airports. The ceremony took place at the Planalto Palace in Brasilia. Fufuca comes from the Progressive Party, a recent ally of ex-President Bolsonaro. Costa Filho belongs to the […]
Related Posts
Bolivia Strengthens Economic Stability with Reserve Growth
As of August 31, 2024, Bolivia’s Net International Reserves (NIR) climbed to $1.905 billion, marking a $196 million increase from the previous year, a growth of 6%. The Central Bank of Bolivia (BCB) acknowledges this upward trend, sustained over 12 consecutive months, despite numerous global and domestic adversities. Edwin Rojas, the BCB President, underscored the […]
Weekly copper price decline by 1.6% reported Chilean Copper Council
The Chilean Copper Council (Cochilco) reported that the price of copper, a major Chilean export, was US$3.83 per pound this Friday, marking a weekly decline of 1.6%. This is attributed primarily to Fitch’s downgrading of the US credit rating due to projected fiscal deterioration over the next three years and high government debt, which adversely […]