Iron production at Brazil’s Vale up 6% in first half of 2023

The United States has voiced apprehension about Chinese state-owned companies investing in Mexico’s automotive industry. Katherine Tai, the US Trade Representative, highlighted these concerns during her visit to Brazil. Tai emphasized that if Chinese car manufacturers set up operations in Mexico, the US would scrutinize several aspects. These include worker conditions, environmental impact, and the […]

Three years after the Abraham Accords, Israel is pursuing formal relations with Saudi Arabia, a major influence in the Middle East and globally. The nation has significant business and religious influence. Secret meetings between the two countries have happened for years. Still, Saudi Arabia has not officially recognized Israel. This is partly due to its […]

Brazil faces a critical decision regarding its petroleum future. Without new discoveries, the country may become a net oil importer within a decade. This shift could significantly impact Brazil’s energy independence and economic stability. Currently, Brazil produces 3.47 million barrels of oil daily, totaling 1.2 billion barrels annually. With proven reserves of 15.9 billion barrels, […]