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In 2023, Mozambique’s natural gas exports skyrocketed, hitting $1.726 billion, tripling the figures from 2022 and potentially overtaking coal as the nation’s prime export. The Bank of Mozambique highlights a 218% jump, with the year’s exports matching the total from 2017 to 2022, which was over $1.866 billion. The surge stems from MRV launching operations […]
The Brazilian Stock Market Faces Headwinds Despite Economic Growth
In a surprising twist of events, the Brazilian stock market, represented by the Ibovespa index, continued its downward trend for the second consecutive session. This occurred despite Brazil’s economy reporting stronger-than-expected growth for the second quarter of 2024. On the same note, activity data from the United States painted a mixed economic picture, influencing market […]
S&P 500’s Record Surge and Market Dynamics
January’s positive impact on the American stock market is evident again, with the S&P 500 nearing the 5,000-point threshold. This notable rise reflects a new peak in market capitalization. Major tech companies, Tesla excluded, have played a key role, outperforming other sectors and capturing investor interest. The current state of the U.S. stock market aligns […]