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Bahia Town Leads Brazil in Guaraná Farming
In 2022, Ituberá in Bahia, Brazil, led the country by producing 407 tons of guaraná. This amount makes it the biggest municipal producer in Brazil. Ituberá accounted for 16.5% of Brazil’s total guaraná output last year. Put, out of every 100 tons of guaraná produced in Brazil, Ituberá contributed about 17 tons. Bahia, the state […]
Brazil’s Interest Rates Sync with Global Decline Amid 2024 Outlook
On Tuesday, Brazil’s principal DI contract rates dropped, echoing a decline in U.S. Treasury bonds and a slight dip in the country’s 2024 inflation expectations. January 2025 DI rates fell to 9.88%, 2026 to 9.665%, 2027 to 9.865%, and 2028 to 10.125%. The January 2031 contract dropped to 10.54% from 10.603%. This trend aligned with […]
UBS’s Contrarian Bet: Why China’s Stock Market Might Defy Economic Gloom
UBS Group AG has taken a surprising stance on China’s stock market, predicting a potential 10% rise in the MSCI China Index over the next three to six months. This forecast is based on expected earnings growth and enhanced shareholder returns through buy-backs and improved governance. The MSCI China Index, which includes 655 companies like […]