AllianceBernstein and UBS say Brazilian currency is one of the main beneficiaries of dollar’s decline

Pedro Briones, a prominent figure in Ecuador’s Citizen Revolution Movement (RC5) led by former President Rafael Correa (2007-2017), was shot dead in San Mateo, located in the Esmeraldas province near the Colombian border, as confirmed by party members. The RC5’s presidential candidate for the upcoming general elections on August 20th, Luisa González, acknowledged Briones’ death […]

Colombia recently confirmed its most significant gas discovery since the 1990s. The Sirius project, formerly known as Uchuva, has proven the existence of 6 trillion cubic feet of natural gas. This offshore project in the Caribbean Sea, led by Ecopetrol and Petrobras, could potentially double Colombia’s current reserves. However, it won’t solve the country’s immediate […]

In 2023, Brazil’s Arco Norte ports – Barcarena, Itaqui, Itacoatiara, and Santarém – experienced a decline in their share of soybean and corn exports. The previous year, these ports had managed 33.8% of the country’s soybean exports and 41.6% of its corn shipments. However, their share decreased despite leading in grain exports in 2022, with […]