Yesterday, the Mexican peso reached its highest exchange rate compared to the US dollar since the end of July 2023 This surge comes as the US currency weakens and oil prices soar, say experts and Mexico’s central bank, Banxico. The peso’s closing rate hit 16.6759 per dollar, marking its best performance since July 28 last […]
Related Posts
Illegal Mining Spreads in Brazilian Amazon
A new MapBiomas study finds 41% of Amazon’s mined areas were developed in the last five years. Illegal mining in Brazil increased by 35,000 hectares in 2022, with the Amazon holding 92%. National parks and indigenous lands are particularly affected. MapBiomas reports that mining has taken place in these areas for over 20 years. However, […]
Peru’s Economy in 2023: A Brief Analysis
In 2023, Peru’s economy encountered challenges, experiencing a 0.57% decline from January to November. Yet, November showed a 0.29% rise, suggesting a possible end to the recession. This data comes from Peru’s National Statistics Institute INEI. The overall performance from late 2022 to late 2023 decreased by 0.42%. Positive growth happened in only three months. […]
Brazil, UAE, Azerbaijan: Global Trio Forms to Tackle Climate Change
Brazil, the UAE, and Azerbaijan have joined forces in a new alliance to fight global warming. They announced this partnership on Wednesday. They call themselves the “Trio.” Their goal is to take action against the planet’s rising temperatures. Marina Silva, Brazil’s Environment and Climate Change Minister, made the announcement. She used social media to share […]