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Ecuador’s exports drop 10% in H1 2023
In the first half of 2023, Ecuador reported exports valued at US$15.159 billion, marking a 10% decline compared to the same period in 2022. The decline is attributed mainly to oil exports. Excluding oil, the total exports amounted to US$11.169 billion, showcasing a 5% increase, as highlighted in the August report by the Ecuadorian Exporters […]
Brazil’s Major Federal Enterprises Not in Top Form under Lula
In 2023, Brazil’s major federal companies, including Petrobras, Banco do Brasil, BNDES, Caixa, and Correios, saw their profits drop by 24% to R$182 billion ($36.4 billion). This downturn occurred in the first year of President Lula’s third term. Petrobras notably experienced a 33% reduction in profit to R$124.6 billion ($24.92 billion). However, the oil giant […]
Georgia bill to facilitate return of marshlands to private citizens advances
A proposal to reduce the legal burden for proving private ownership of coastal marshlands first granted to Georgia settlers centuries ago was advanced Tuesday by a state House committee. The House Judiciary Committee voted 6-5 to approve House Bill 370 during a meeting streamed online from the state Capitol in Atlanta, sending it to the […]