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Brazil’s Consumer Price Index Drops to 0.51% in October, Signaling Inflation Slowdown
Brazil’s Weekly Consumer Price Index (IPC-S) showed a decrease in the second quadriweek of October 2024. The Getulio Vargas Foundation (FGV) reported that the index rose by 0.51%, down from 0.64% in the first week. This change suggests a possible easing of inflationary pressures in the Brazilian economy. The 12-month accumulated inflation rate now stands […]
Chile Predicts Higher Copper Prices in 2024-2025
Chile’s National Copper Commission (Cochilco) forecasts a rise in copper prices to $3.85 per pound in 2024 and $3.90 in 2025. This forecast comes from the recent “Copper Market Trends Report,” which focuses on the metal’s future price, demand, and supply. The report shows that global copper production is set to rise. In 2024, the […]
Mexico City’s $12.5 Billion Water Challenge
Mexico City faces a critical water management crisis, requiring a 250 billion peso ($12.5 billion) investment over the next 25 years. This substantial sum aims to address both water supply and sanitation issues in the metropolis, where 20% of Mexico’s population resides. Arturo Jiménez, director of Planning, Systems, and Control S.A. de C.V., emphasizes the […]