Paraguay’s capital, Asunción, is decked in national colors in anticipation of the inauguration of Santiago Peña as its president and to mark Asunción’s 486th anniversary. Flags flutter across many locations, with the historic López Palace, dating back to 1857, standing out prominently. Peña, who emerged victorious in the recent elections with 1,292,079 votes, will assume […]
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Sugar Futures Climb on Global Exchanges Amid Oil Rally
Sugar futures recorded notable rises on the New York and London exchanges during the Wednesday afternoon trading session. Upward movement influenced by oil price surge, currency fluctuations, and concerns over reduced sugar harvest outputs in key regions. By midday in Brazil, the most traded contract for raw sugar on the New York Exchange saw an […]
Oil Rallies Despite Demand Concerns
Crude oil futures rose on Thursday, bouncing back from Wednesday’s fall triggered by increased U.S. stockpiles. A softer dollar helped, as did ignoring forecasts of sluggish global demand. Markets also closely monitored global tensions. In New York, April’s WTI contract grew 1.61% to $77.59 a barrel. London’s Brent for April went up 1.54% to $82.86 […]