Thu, Dec 19, 2024

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Foreign investment in Brazil falls to lowest level since December 2021

After a period of resurgence in May, the inflow of foreign investment in Brazil’s production sector experienced a decrease in June. The balance of Foreign Direct Investment in the Country (FDI), which accounts for both incoming and outgoing investment, was recorded at US$1.9 billion. This marks the lowest level of investment since December 2021, when […]

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Eve’s Q3 Loss Widens to $35.8M Amid eVTOL Development

Eve, Embraer’s subsidiary, reported a net loss of $35.8 million in the third quarter of 2024. This figure represents a 14.7% increase compared to the same period last year. The company remains in a pre-revenue phase, focusing on developing its electric vertical takeoff and landing (eVTOL) aircraft. The increased net loss stems from higher Research […]

Mercosur and Japan Set for Free Trade Agreement Talks

Paraguay’s Foreign Minister announced in the Nikkei outlet that Mercosur and Japan will start free trade discussions next month. During his Japan visit, Ruben Ramirez Lezcano pinpointed the start date for these crucial discussions, which have piqued interest on both sides. As Mercosur’s current leader, Ramírez aims to boost the group’s agricultural exports to Japan, […]

U.S. Job Market Surges: September Payroll Exceeds Expectations

The Labor Department’s payroll report revealed remarkable strength in the United States job market, with 254,000 new jobs created in September. This figure surpassed market expectations, which had predicted only 147,000 new positions. September’s job growth marked a significant increase from August’s 142,000 new positions. The unemployment rate slightly decreased from 4.2% to 4.1%, with […]

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