Zimbabwe’s President, Emmerson Mnangagwa, has rejected electoral fraud allegations by the main opposition party, Citizens Coalition for Change (CCC), following the presidential elections held on August 23 and 24. Mnangagwa, who was reelected, insisted that the elections were conducted in a free and fair environment and urged the opposition to accept their defeat and work […]
Related Posts
Petrobras Seeks Chinese Funding for Offshore Oil
Brazil’s oil giant Petrobras is courting Chinese banks for deep-sea exploration funds. The move aligns with Brazil’s strategy to strengthen its partnership with China. These talks aim to secure affordable capital for upcoming projects. China is Brazil’s biggest trade ally, buying almost a third of its exports. In a recent interview, CFO Sergio Caetano Leite […]
Mercado Libre Surges with Stellar Q1 Earnings
Mercado Libre’s net profit soared to $344 million in the first quarter of 2024, marking a 71% jump. This financial feat significantly outpaced analyst projections, which had pegged net profits at $314 million. Brazil and Mexico played crucial roles in this success, helping counterbalance less favorable outcomes in Argentina. The company operates a sprawling e-commerce […]
