UNITA’s leader, Adalberto Costa Júnior, announced Angola’s deep economic crisis and the fading reality of diversifying its economy. He spoke at a conference addressing the country’s economic obstacles and budget strategies, highlighting oil’s persistent dominance in the economy despite government reports. Costa Júnior remarked on Angola’s abundant resources, which should preclude such poverty. He criticized […]
Related Posts
Brazil and Angola sign seven agreements to promote cooperation
Much of the future lies in Africa, and Brazil is committed to revitalizing its relationship with the continent, particularly with Portuguese-speaking countries, which have been overlooked in recent years. Achieving a new level of strategic relations is a priority for Brazil, as it seeks to foster cooperation, promote agricultural development, and ensure the region’s economic […]
Global Markets Focus: Aluminum, Corn, and Solar Energy Developments
The world’s investors have turned their attention to commodities, gold, solar energy, aluminum, and corn. Recent events have sparked significant changes in these markets. Let’s explore five key trends shaping the global commodity landscape this week. The Bloomberg Commodity Spot Index has climbed to levels not seen since late May. Gold’s record-breaking performance plays a […]
Brazil’s Financial Morning Call for October 31, 2024
As trading commences on Thursday, October 31, 2024, investors are turning their attention to a series of domestic and international economic indicators poised to significantly influence the Brazilian markets. At 8:30 AM, Brazil’s Gross Debt to GDP ratio will be released. This indicator measures the country’s fiscal health by comparing its total debt to its economic […]