Despite challenges, Cuba’s tobacco industry flourishes, with exports surpassing $200 million annually, as labeled “iconic” by observers. Notably, the enduring cultural practices of tobacco farming allow for speedy recovery post-disasters. In Pinar del Río, the key region for tobacco farming, resilient farmers recover quickly after natural calamities, backed by Tabacuba. During the latest Habano Festival, […]
Related Posts
São Tomé and Príncipe Seeks Colonial Reparations from Portugal
On May 2, 2024, São Tomé and Príncipe in Africa announced its intent to seek colonial reparations from Portugal. Education Minister Isabel Abreu outlined the planned negotiations with Portugal. She spoke at a regulatory meeting, highlighting the reparations’ complexity and the need for cooperation. Days earlier, President Carlos Vila Nova had criticized Portugal for past […]
Hypera Rejects Merger with EMS, Shares Plunge Over 7% on B3
Hypera’s stock fell over 7% shortly after the market opened on October 24, reacting to the company’s rejection of a merger proposal from EMS. The pharmaceutical company’s shares ranked among the largest losers on the Ibovespa index. This decline followed Hypera’s announcement that it had rejected an unsolicited merger offer from EMS. In a market […]
Brazil’s beef exports drop 29%: analysis of key buyers and market trends to 2023
In July this year, Brazil witnessed a 29% drop in beef exports while only marking a 1% increase in volume. The country earned US$877.1 million from 205,612 tons of beef exports. In contrast, in the same month of 2022, earnings stood at US$1.229 billion from selling 203,592 tons. The Brazilian Frigorificos Association (Abrafrigo) survey indicated […]