Vale is set to face a significant legal challenge in the Netherlands, linked to the catastrophic 2015 Mariana dam collapse in Minas Gerais, Brazil. This disaster, Brazil’s most severe environmental crisis, led to a lawsuit potentially costing Vale 3 billion pounds ($3.8 billion). Initiated against Vale and its partner Samarco, the case involves thousands of […]
Related Posts
Europe Leads in Global Militarization Surge
Europe has recently doubled its arms imports, positioning itself as a leading force in the rise of global militarization. The Stockholm International Peace Research Institute (SIPRI) highlighted this increase, which contrasts with the decline in arms imports across other regions, such as Africa, the Middle East, and Southeast Asia. Europe’s imports have jumped by 94%, […]
OPEC+ Postpones Production Increase as Oil Prices Falter
The Organization of Petroleum Exporting Countries (OPEC) and its allies have delayed a planned production increase. This decision comes as oil prices continue to struggle amid weak global economic prospects. The group announced the postponement on Sunday through a statement on OPEC’s website. OPEC+, led by Saudi Arabia and Russia, had intended to boost production […]
Morning Call: Brazil’s Economic Focus Shifts to Upcoming GDP Release
This Thursday (February 29) is busy with economic events, yet all eyes are on Friday (March 1) for Brazil’s GDP announcement for Q4 and the year’s summary. This revelation is pivotal for assessing Brazil’s economic progress. Despite the National Monetary Council’s meeting delay, today’s agenda still presents crucial data points, including Brazil’s January unemployment rate […]