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Mexican drug cartels want to expand into Brazil, reports Intelligence agency
Mexican drug cartels want to expand into Brazil, reports the Intelligence Agency ABIN. The Sinaloa cartel, once led by the infamous Joaquín ‘El Chapo’ Guzmán, currently incarcerated for life in the United States, is reportedly planning to expand its operations into the largest Latin American country. It is suspected to have connections with the First […]
Emergency Aid Sought by Brazil’s Cotton Farmers
Cotton farmers are gearing up to submit a proposal for emergency support to the federal government soon. This move came from a special session of the Cotton Sectoral Chamber last Thursday. Led by the Brazilian Cotton Producers Association (Abrapa), the initiative seeks to lessen the blow of recent crop failures due to harsh weather, notably […]
Colombian Peso Stands Firm Amid Foreign Debt Market Exit
Foreign investors are selling Colombia’s debt, yet the Colombian peso stays strong. Leading this trend, Norway’s sovereign fund sold off 1.4 trillion pesos ($369 million) in local bonds last month. Other notable sellers include Wellington Management, Saudi Arabia’s central bank, the UK’s Universities Superannuation Scheme, and Citigroup. Conversely, local pension funds are buying more. They […]