As 2023 ends, Argentina braces for significant inflation, especially in food prices. The Commerce Secretary is negotiating with food industry leaders to control these increases, focusing on essential goods. The election results have already led supermarkets to receive lists with price hikes up to 45% from multinational companies. These hikes exceed the limits set by […]
Related Posts
Brazil’s environmental agency Ibama postpones award of license to Petrobras in Amazon estuary region
The Ibama President, Rodrigo Agostinho, voiced his concern over Brazil’s decision to allow Petrobras, the state-run oil company, to explore the ecologically sensitive Foz do Amazonas basin without exhaustive studies. He argued that the nation should have ensured a more detailed investigation of the potential environmental impacts as part of Petrobras’ strategic business planning. The […]
Mixed Closures in European Stocks with US CPI and Lisbon Election in Focus
European stocks ended Monday’s session mixed as anticipation built for the upcoming US Consumer Price Index (CPI) announcement on Tuesday. This data is poised to influence US interest rate forecasts significantly. Following a political shift to the right in its Parliament elections, the Lisbon Stock Exchange closed almost unchanged. Meanwhile, in Milan, TIM shares experienced […]
