A recent study by Abrainc and Fipe reveals a 13.8% decline in new home launches in Brazil during the first half of 2023. The research accounted for 49,505 units, marking a 1.7% decrease in overall value, equating to R$15 billion ($3.05 billion). Twenty member companies contributed to the study. For medium and high-end homes, the […]
Related Posts
Oil Prices Slide to Near $70: A Closer Look at Market Dynamics
Oil prices experienced another drop, with barrels closing around the $70 mark; this signifies the lowest level in nine months for West Texas Intermediate (WTI). On Wednesday, amidst ongoing market dynamics and geopolitical tensions, the price of oil fell by over 1%. This decline followed a session of losses. It was influenced by the anticipation […]
Algeria’s Iron Ore Revolution
Since July 2022, Algeria has taken a significant step in mining. Over 250,000 tons of iron have been extracted from the Gara Djebilet mine. Reda Belhadj, Deputy Director-General of FERAAL, shared this update on national radio. Belhadj stated that this iron would meet part of Algeria’s market needs. The rest is set for export, leveraging […]
