On August 10, West African leaders contemplated potentially employing a standby force to reaffirm Niger’s constitutional framework. This move follows failed interventions from both regional figures and the global community. The ECOWAS conference in Abuja concluded with the decision to ready this force for potential deployment, though specifics remained scarce. ECOWAS chief, Omar Touray, alluded […]
Related Posts
Ibovespa Rises 1%, Hits 128,500 with Positive Global Market Sentiments
The Ibovespa, Brazil’s benchmark stock index, ended the week on a high note, climbing 1.09% to 128,508 points. This increase, over 1,300 points, marks its second consecutive week of gains. Surprising low U.S. payroll figures suggest a possible slowdown in the labor market, contributing to market uplift. This could lead the Federal Reserve to consider […]
Brazil Holds Steady in Fitch Ratings Amid Growth
On Friday, Fitch Ratings reaffirmed Brazil’s BB credit rating, sustaining a stable outlook, building on an earlier upgrade bestowed in July. Fitch acknowledges the Brazilian government’s pragmatic approach under President Luiz Inácio Lula da Silva. The administration has focused on revenue-enhancing measures and increased state investments. However, it has avoided major shifts in the monetary […]
Russia Becomes China’s Top Oil Supplier, Overtaking Saudi Arabia
In a notable shift, Russia has surpassed Saudi Arabia to become China’s leading oil supplier in the past year. This change underscores the limited success of Western sanctions aimed at restricting the Kremlin’s funds amidst the Ukraine conflict. China, the largest oil importer globally, bought a record-breaking 107 million tons of Russian crude in 2023. […]