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Recent figures from the Brazilian Institute of Geography and Statistics (IBGE) reveal an uptick in tourism activity in Bahia, which exceeded the national average in May. Specifically, the tourism inflow to Bahian cities rose by 13.6% in May compared to the same month in 2022, surpassing the national increase of 8.6%. Analysts attribute this growth […]
Unexpected Wheat Harvest in the U.S. May Ease Commodity Prices
The latest wheat harvest in Kansas, USA, has outperformed expectations, suggesting potential stabilization in global wheat prices. Wheat is essential for making everyday foods like bread, pasta, and couscous. Global wheat supply tightens due to adverse weather, mainly affecting Russia, the leading exporter. As a result, wheat prices have soared, rising over 10% in May […]