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According to insiders familiar with the matter, Petrobras, Brazil’s state oil giant, is likely to miss the government’s target of reducing natural gas prices by 40%. The main reason cited is the high cost of extracting gas from ultra-deep waters, which significantly exceeds the production expenses of onshore shale gas drillers in other countries. Petrobras […]
Three years after the implementation of the United States-Mexico-Canada Agreement (USMCA), tensions with China have brought the trade bloc into focus. The original goal of attracting manufacturers to the U.S. has not been fully achieved. Despite stricter requirements for tariff-free trade, many companies are still choosing to produce in Mexico due to lower labor costs, […]
Israel’s military persists in Gaza operations on Saturday, even as the U.S. urges for “humanitarian pauses.” Post visiting Israel, U.S. Secretary of State Antony Blinken meets regional leaders in Jordan. The talks follow the conflict’s ignition a month ago due to a Palestinian militant attack. Israel’s bombardment of Gaza persists. It complements a ground offensive […]
