Second decline in Brazil’s tax revenue in June despite record first-half total

Petróleos Mexicanos (Pemex), Mexico’s state-run oil giant, dramatically reduced its crude exports to unprecedented levels. This strategic shift supports the government’s plan to refine more oil domestically, including at the new Dos Bocas refinery. In March 2024, Pemex’s daily crude exports plummeted to 686,800 barrels, the lowest since record-keeping began in January 1990. This marked […]

Uruguay’s Agriculture Ministry MGAP, led by Fernando Mattos, is considering extending the farming emergency. He mentioned an upcoming meeting to discuss the plan. “The drought is over, but the damage remains,” Mattos said on local TV. Soil moisture has improved. However, the lengthy dry period still affects the market. Continued support for farming is vital, […]

Venezuelan President Nicolás Maduro’s announcement of a referendum to annex 74% of Guyana’s land has triggered international alarm. Guyana’s sovereignty is challenged by the aggressive Venezuelan territorial claim. The country is the fastest-growing economy in the world. Set for December 3, this move by Venezuela has been criticized by Guyana as legally invalid and provocative. […]