Yesterday, a U.S. court made a crucial decision in the Citgo Petroleum case. It accepted claims worth $20.8 billion against Venezuela. These claims, reduced from an initial $24 billion, relate to losses from nationalization and debt defaults. Major companies like ConocoPhillips and ExxonMobil are among the claimants. They have sought compensation following the Venezuelan government’s […]
Related Posts
A Closer Look at the Dollar’s Surge Amid Economic Turbulence
The US dollar has seen a notable increase against the Brazilian real, closing at R$5.6404, marking a 0.46% rise. This uptick reflects a broader pattern influenced by global economic currents and contrasting national economic performances. Initially, the dollar softened against the real as Brazil‘s GDP for the second quarter outperformed expectations. The Brazilian economy expanded […]
Argentina’s Soccer Team Keen to Compete After World Cup Win
Before a match against Paraguay, Argentina’s soccer coach, Lionel Scaloni, expressed the team’s undiminished eagerness to win. This game is a qualifier for the 2026 World Cup. Scaloni wants to keep the team’s current playing style. He says they’ll make changes only when needed, as opponents also study their game. Regarding Lionel Messi, Scaloni didn’t […]
Dollar Ends Near Stability in Brazil Amid Mixed Signals
On Wednesday, the US dollar showed little change in Brazil, ending the day almost unchanged. This stability came amid mixed global signals, leaving investors waiting for a clear direction. The spot dollar ended slightly up by 0.10%, at 4.9681 reais. Throughout February, it has gained 0.60%. By the end of trading in the B3 market, […]