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Following Azerbaijan’s military actions in Nagorno-Karabakh, Yerevan reports that 13,000 people have sought refuge in Armenia. Additionally, a fuel depot explosion claimed 20 lives and injured 280 people. Local authorities are calling for international aid. So far, 20 fatalities are confirmed and 13 remain unidentified. Meanwhile, cars line up at the Lachin corridor, the only […]
Yduqs Faces Financial Headwinds Amid Citi’s Downgrade
Amidst a turbulent financial climate, Yduqs Participações (YDUQ3) recently saw a significant adjustment by Citi. The firm shifted its stock rating to “neutral” and slashed the target price from R$20 to R$14, sending ripples through the market. This decision reflects growing concerns over the company’s slowing revenue growth, increased defaults, and higher marketing costs. Moreover, […]
East Timor Approves Two MOUs with China
Portuguese-speaking East Timor’s government has approved the signing of two Memorandums of Understanding (MOUs) with China. The first focuses on enhancing trade, investment, and tourism. The Ministry of Planning and Strategic Investment of East Timor and China’s National Development and Reform Commission will sign it. The second MOU aims to boost local development in the […]