European stock markets mostly saw declines on Monday, influenced by growing skepticism around a potential US interest rate cut in March. Federal Reserve Chairman Jerome Powell, in a CBS interview, suggested a March rate cut is unlikely, cooling investor optimism. In Paris, the CAC-40 index slightly fell by 0.03%, closing at 16,904.06 points. London’s FTSE-100 […]
Related Posts
Climate Events Surge in Brazil, Averaging Three Daily
In 2023, Brazil experienced a record 1,161 climate-related emergencies, resulting in 132 fatalities, injuring more than 9,200 individuals, and displacing almost 600,000 people, according to Cemaden. For the first time, the country saw more than 1,000 such events in one year. Floods made up 716 of these, and landslides accounted for 445. Manaus saw the […]
Mexico develops home grown armored tactical vehicle
The National Defense Secretary allocates approximately 6.6 million dollars, or 119,446,562 pesos, towards the ‘Military Assembler’ investment program. This initiative aims to use automotive sector components to construct Armored Tactical Vehicles (VTB) under the General Directorate of Military Industry’s supervision. The overarching goal is to utilize the Directorate’s new infrastructure for the assembly and upkeep […]
Shifting Tides: Brazil Sees Capital Outflow as U.S. Rates Soar
Foreign investors have pulled out R$694 million ($138.8 million) from Brazil’s B3 stock market, continuing a 10-day withdrawal streak. This activity deepens a 2024 trend of R$24.16 billion ($4.832 billion) in net outflows, a sharp reversal from the previous year’s R$44.9 billion ($8.98 billion) inflow. This retreat is partly due to the uncertainty in the […]