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The Secretary General of the Organization of American States (OAS), Luis Almagro, will travel to Guatemala on Monday. The visit comes at the invitation of Guatemala’s President, Alejandro Giammattei. Almagro will meet with government officials to discuss the country’s political and electoral situation. The Guatemalan Foreign Minister, Mario Adolfo Bucaro, extended the invitation on behalf […]
São Paulo’s industry experienced a positive growth rate for the third consecutive month, with a 2.9% increase in May compared to April. This growth surpassed the national average of 0.3%. The Brazilian Institute of Geography and Statistics (IBGE) reported these findings in their Regional Monthly Industrial Survey (PIM regional). São Paulo’s industry has accumulated a […]
On Tuesday, the U.S. dollar saw a significant uptick, rising nearly 1% against the Brazilian real. This increase coincides with gains in other emerging market currencies, amid scrutiny of Brazil’s first quarter GDP and U.S. economic indicators. During the session, the dollar nearly touched R$5.30, peaking at R$5.296. By day’s end, the spot dollar had […]
The U.S. has ceded its corn export crown to Brazil, possibly forever. For over fifty years, the United States held sway over the international corn market, exporting more of this essential commodity than any other nation. Recently, Brazil surpassed the US in corn exports. This change could be permanent. In 2023, the US accounted for […]