Ibovespa, Brazil’s stock index, experienced a decline on Thursday, influenced by robust US employment data and Brazil’s PMI figures. The US ADP employment report disclosed the creation of 164,000 new jobs in December, surpassing the projected 125,000. As their recent meeting minutes indicated, this unexpected increase in job growth suggests investors should be cautious about […]
Related Posts
São Paulo Holds the Line Against Barcelona-EQU
In a recent Copa Libertadores group stage match, São Paulo FC battled to a 0-0 draw with Ecuador’s Barcelona SC. This result solidifies São Paulo’s second-place position in Group B, just three points shy of leader Talleres. Moreover, a decisive home match on May 29 could catapult them to the top of the group. São […]
Water Shortage Hits Peru’s Largest Amazon Rainforest City
Iquitos, the largest city in Peru’s Amazon region, is gearing up for a water shortage. Officials point to reduced levels in the Amazon River as the culprit, largely attributing it to climate change. Seda Loreto, the company responsible for water supply in the Loreto department, gave some assurances. They stated that the water supply won’t […]
Brazil’s Cocoa Comeback
Brazil’s cocoa industry is experiencing a notable revival, rebounding from a major setback in the 1980s when disease ravaged its once globally dominant cocoa crops. Today, the nation is on the brink of a cocoa renaissance. Fresh investments are flowing in, rejuvenating both new and traditional cultivation areas. Valmir Ortega of Belterra Agroflorestas believes Brazil […]