In 2023, Brazil significantly reduced its natural gas imports to just 6.5 billion cubic meters, the lowest in 20 years. This trend of declining imports continued since 2015, except for a brief increase in 2021. The reduction aligns with Brazil’s push to increase domestic natural gas production and pivot toward renewable energy sources. The National […]
Related Posts
Chile Boosts 2024 Growth Forecast to 2.7%
The Chilean government raised its economic growth forecast for 2024 to 2.7%, up from 2.5%. This optimistic projection comes from the Ministry of Finance’s first-quarter Public Finance Report. The report was presented to the Senate. Several factors contribute to this revised outlook. The Ministry of Finance attributes the increase to accumulated momentum since mid-2023 and […]
Mexican Stock Market Stagnates During AMLO’s Presidency
The Mexican stock market experienced minimal growth during Andrés Manuel López Obrador’s six-year term. No new companies joined the market, while several existing ones were delisted. This stagnation contrasted sharply with the record-breaking performance of major U.S. indices. The Institutional Stock Exchange (BIVA) launched with ambitious plans just before AMLO’s presidency began. However, these plans […]