The Beira-Zimbabwe fuel pipeline, operational since 1984, is going through a significant change. The government recently withdrew a decree giving control to specific ministers. Initially, the company Companhia de Pipeline Moçambique-Zimbabwe (CPMZ) managed the pipeline. Moving forward, three government ministers will take charge. These officials oversee finance, mineral resources and energy, as well as transport […]
Related Posts
Strategic Steel Quotas: Brazil’s New Economic Defense
The Brazilian government has introduced a 25% surcharge on steel imports that surpass established quotas. This measure aims to protect its domestic steel industry from intense foreign competition, notably from China. This policy stands as relatively moderate compared to more extensive trade protection tactics utilized by Europe and the United States. In Europe, the European […]
Electoral Court Clears Senator Moro of Charges, Shaping Brazil’s Politics
The Superior Electoral Court (TSE) unanimously rejected charges against Senator Sérgio Moro, marking a significant event in Brazil’s political scene. The accusations claimed Moro boosted his Senate campaign visibility through improper pre-campaign activities. However, the TSE found these allegations unsupported by evidence, thus affirming the legitimacy of his campaign spending. Transitioning from a key figure […]
Analysts Predict 169.3% Argentina Inflation in 2023
Experts informed Argentina’s Central Bank that the predicted 2023 inflation rate is now 169.3%, a 28.6-point jump from earlier estimates. The bank released these new numbers in a recent report. The experts gave their inflation outlook for the first time since August 14. On that day, the Central Bank hiked the main interest rate to […]