Angolan economy shows limited growth in Q1 2023 as oil prices fall

Following an unexpectedly robust U.S. job report, the dollar surged by approximately 1% to $4.96. This reversal came after a downtrend over three sessions, suggesting the Federal Reserve may hold off on cutting interest rates in March. Closing at R$ 4.9661, the dollar saw a 1.04% increase, cumulating a 1.12% weekly gain. The futures market […]

The Brazilian stock market experienced a day of mixed signals as investors grappled with domestic fiscal concerns and global economic data. The Ibovespa, Brazil’s main stock index, closed slightly lower at 130,639.33 points, a marginal decrease of 0.07%. This performance mirrored the weakness seen in New York’s stock exchanges and reflected ongoing uncertainty in Brazil‘s […]

President Gustavo Petro announced the tragedy on social media, expressing his condolences to the families of the deceased. The Huey II FAC-4441 helicopter was on a humanitarian mission when it went down in Cumaribo municipality. The Ministry of Defense confirmed that four women were among the victims. They have deployed mobile intervention teams to provide […]