In 2023, with the United States’ approval, Honduras initiated the modernization of its air force by upgrading its previously inactive F-5 jets. This move was crucial because Honduras could not buy parts needed for the jets from the U.S. without this approval. Honduras has made it into a global list of the top 100 nations […]
Related Posts
Morgan Stanley Leans into Brazilian Stocks Tied to Interest Rates
Morgan Stanley now focuses on Brazilian firms responsive to interest rate shifts, driven by the FOMC’s positive view on U.S. rates. The decision aligns with the Federal Reserve’s expectation of rate reductions, enhancing the appeal of Brazilian stocks sensitive to such economic indicators. On Wednesday, the firm shared insights anticipating four rate cuts this year, […]
Mexican Peso Hits Peak Against Dollar Since July 2023
Yesterday, the Mexican peso reached its highest exchange rate compared to the US dollar since the end of July 2023 This surge comes as the US currency weakens and oil prices soar, say experts and Mexico’s central bank, Banxico. The peso’s closing rate hit 16.6759 per dollar, marking its best performance since July 28 last […]
Dollar Falls Amid Rising Commodities and U.S. Economic Data
On Tuesday, the U.S. dollar saw a near 1% drop against the Brazilian real as global commodity prices, like iron ore, climbed. Investors were also reshaping their strategies, awaiting crucial economic updates from the U.S. later in the week. The day closed with the dollar at 4.9334 reais, marking a 0.98% decline. Throughout February, it […]