The Ibovespa index started the week positively, overcoming a dip in Vale’s shares and lackluster U.S. market performances. On Monday, it rose 0.22% to 129,706.34 points, driven by a 1.89% increase in Petrobras stocks and a boost from rising oil prices globally. Meatpackers like JBS and BRF also contributed to the index’s rise, especially as […]
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Argentine Election Heats Up Over Fuel Crisis
Sergio Massa faces two big tasks. He’s Argentina’s Economic Minister and also a presidential candidate. Recently, fuel became scarce in Argentina. Long lines formed at gas stations in Buenos Aires and other cities. Javier Milei, Massa’s opponent, is using this issue in the campaign. Last Sunday, Massa issued a warning. He said if the fuel […]