Taiwan election: Ruling party candidate wins tightly contested presidential race, upsetting China’s ambitions

On January 24, 2024, a surge in oil production from the United States, Libya, and Norway led to a slight fall in oil prices. Brent crude dropped to $79.55 per barrel, a 0.6% decrease. Similarly, U.S. West Texas Intermediate crude fell to $74.37 per barrel, down 0.5%. This price drop directly resulted from increased production, […]

Moody’s, the renowned credit rating agency, has upgraded Brazil’s sovereign debt rating from Ba2 to Ba1. This new rating brings Brazil one step closer to the coveted “investment grade” status. The agency announced its decision after the São Paulo Stock Exchange closed on Tuesday. The upgrade highlights the success of President Luiz Inácio Lula da […]