Following a decline in oil prices, OPEC+ made a crucial decision to agree on reducing oil production. Experts predict an oil surplus next year. The group’s members will cut oil supply by 1 million barrels per day. This adjustment was made at their latest meeting. Saudi Arabia played a key role. They chose to extend […]
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Banxico unanimously maintained its interest rate at 11.25% for the fourth consecutive time, aligning with expert predictions. In March, the rate was raised to this level. Later, May, June, and August meetings also saw no change. September’s decision follows this trend. The current rate is the highest since January 2008. At that time, Banxico started […]
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In Brazil, the Northeast is poised to reclaim its historic economic role. From 2026 to 2034, the region is set to grow by 3.4% annually. This exceeds the national forecast of 2.5%, driven by R$750 billion ($150 billion) in investments focused on energy and infrastructure. Historically, the Northeast has seen economic highs, notably during the […]