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Bolivia is seeking partnerships with Argentina and Chile to impact the global price of lithium as a sort of lithium OPEC. Together, these countries possess the largest lithium reserves worldwide, with Bolivia holding 21 million tons, Argentina 19 million tons, and Chile 9 million tons. Bolivia has established agreements with Argentina’s Y-TEC and its own […]
Oil futures climbed to their highest since October on Monday, spurred by surprising industrial data from China and the US. This rise comes as the market anticipates the next OPEC+ meeting on Wednesday. West Texas Intermediate (WTI) for May saw a 0.65% increase, reaching $83.71 a barrel on the New York Mercantile Exchange. Brent crude […]
In a recent interview, Finance Minister Fernando Haddad indicated that the performance of the agribusiness sector early this year will be the main contributor to Brazil’s Gross Domestic Product (GDP) growth in 2023. Despite a potential slowdown in the year’s second half, Haddad stressed that the strong performance in the first quarter would significantly underpin […]
The U.S. Air Force recently ordered StormBreaker bombs from RTX Corporation, previously known as Raytheon Technologies Corporation. These air-to-surface bombs, valued at about $400 million, are notable for their high precision. They feature a unique triple guidance system designed to perform well in harsh weather and tough battlefield conditions. Raytheon developed StormBreaker as an advancement […]