Portuguese exports to Angola grew almost 60% in 2022

Brazil’s President, Luiz Inácio Lula da Silva, is actively laying the groundwork for a Global Alliance Against Hunger and Poverty. His recent trip to Addis Ababa, the capital of Ethiopia and the center of the African Union, underscores this mission. The visit coincides with the Union’s 37th Summit, emphasizing the importance of international collaboration. Social […]

Ferbasa (FESA4) reported a net profit of R$41.1 million ($7.98 million) for Q1 2024, marking a 68.8% decline from the same period last year. Adjusted EBITDA fell by 58.3% to R$78.4 million ($15.22 million). Net revenue for the quarter stood at R$509.5 million ($98.83 million), showing a 28.9% decrease from last year. Despite these declines, […]

Argentina, with Economy Minister Luis Caputo’s announcement, initiates a substantial economic reset, paving the way for significant transformations. These aim to address the country’s deepening economic woes. Peso’s Steep Devaluation The government plans to devalue the peso by over 50%, fixing it at 800 per dollar. This move targets Argentina’s severe economic challenges, particularly its […]