This week, oil prices saw an upward trend, fueled by worries over supply amid rising geopolitical tensions. The faltering peace talks between Israel and Hamas have notably influenced market sentiment. In trading, Brent crude for May edged up by 2.00%, closing at $83.55 a barrel on the ICE. Similarly, WTI for April experienced a 2.19% […]
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Brazil to compete with the USA for soybean supplies to China in December
Brazil to compete with the USA for soybean supplies to China in December. As the drought continues to threaten crops in the US, Chinese soybean imports from the US have recorded a significant year-on-year decline. According to BRS Dry Bulk, China, the largest global soybean importer, is increasing imports from Brazil due to lower prices […]
Mexico’s Military Modernizes Fleet
Mexico’s Army is seeking a significant investment to modernize its fleet. They’ve requested about $655 million to update vehicles that have been in service for over 15 years. This request is part of a broader initiative to keep the Army and Air Force well-equipped. The plan includes buying more than 1,300 4×4 Humvee vehicles and […]
