On Tuesday, the U.S. dollar saw a near 1% drop against the Brazilian real as global commodity prices, like iron ore, climbed. Investors were also reshaping their strategies, awaiting crucial economic updates from the U.S. later in the week. The day closed with the dollar at 4.9334 reais, marking a 0.98% decline. Throughout February, it […]
Related Posts
Venezuela expresses firm commitment to joint reforestation of the Amazon region
The Venezuelan government, led by President Nicolás Maduro, has expressed its commitment to working with the Amazon Cooperation Treaty Organization (ACTO) to preserve the Amazon rainforest. President Maduro emphasized the need for institutions from the eight ACTO member countries to unite and cooperate in protecting the region’s vegetation. President Maduro called for comprehensive reforestation efforts […]
China has lent Angola over $42 billion since 2000
Boston University reports that since 2000, China has lent Angola over $42 billion, with the largest portion going to Sonangol, Angola’s state-run oil firm. Angola has taken 258 loans, making up 26.5% of China’s total lending to Africa. Last year, China’s CATIC, a defense company, granted the latest loan. Energy and transport sectors have received […]
Brazil’s Agribusiness Sets New Export Record in 2023
In 2023, Brazil’s agribusiness sector reached a landmark, exporting a record $166.6 billion worth of goods. This impressive amount accounts for 49% of the nation’s total exports for the year. According to the Ministry of Agriculture and Livestock, this represents a significant growth of $7.68 billion, or 4.8%, compared to the previous year. The grain […]