Recent setbacks in a few international offshore wind ventures may raise questions about its economic soundness, yet they don’t portray the whole industry. In fact, average costs for offshore wind projects have steadily decreased, pulling in diverse companies, even oil giants like Petrobras, Equinor, and Shell. A report by A&M, in association with Brazil’s Wind […]
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Third Consecutive Day of Dollar Decline Against Real
The U.S. dollar continued its downward trend against the Brazilian real, marking its third consecutive day of decline. This trend aligns with falling Treasury yields globally, as investors respond to recent U.S. inflation data and GDP reports. On Thursday, the spot dollar closed at 4.9228 reais, reflecting a 0.19% drop. Over three days, the currency […]