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 […]
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U.S. Economic Activity Remains Steady Amid Election Concerns
Economic activity in the United States showed little change from September to early October. Businesses noted an increase in hiring, continuing recent trends. These developments have strengthened expectations that the Federal Reserve will opt for a smaller interest rate cut of 25 basis points in November. The Federal Reserve’s latest assessment of the economy revealed […]