Macau has unveiled an ambitious plan, targeting 81 key projects over the next five years to diversify its economy. This initiative aims to reduce reliance on gaming revenues. The plan includes tourism, gaming, and the development of new industries in health, finance, and high-tech. Additionally, the convention, exhibition, and commerce sectors are a focus. During […]
Related Posts
African Union rejects military action in Niger and challenges ECOWAS directive
The African Union (AU) has expressed opposition to military intervention in Niger and is expected to formally announce its stance soon. Differing from the approach of ECOWAS, the AU’s Peace and Security Council (PSC), responsible for such matters, recently held an extensive meeting discussing the situation in Niger. This prolonged session concluded with the PSC […]
Brazil’s $200 Million Move for Minerals
Brazil has started a $200 million mineral fund. This effort, by the Ministry of Mines and Energy and the BNDES, aims to boost mining. They plan to put money into 15 to 20 companies that look for and develop important minerals. These minerals are key to making energy sources cleaner. The BNDES promises up to […]
Brazil’s Top Dividend Payers Cut Back
Petrobras and Vale, Brazil’s largest dividend-paying companies, have cut their dividend distributions to shareholders. A study by Meu Dividendo shows their contribution dropped to 38% this year. For Vale, a struggling Chinese economy is to blame. China is a key buyer of iron ore, which affects Vale’s financials. On the other hand, political shifts impact […]