Portugal saw a major political change as Marcelo Rebelo de Sousa made Luis Montenegro, chief of the center-right Democratic Alliance (AD), Prime Minister. This followed the March 10, 2024, elections where AD led with 80 seats, slightly ahead of the Socialist Party’s 78. This victory signals a shift, emphasizing the nation’s varied political scene. Montenegro’s […]
Related Posts
Brazil’s Coffee Comeback: A Brew of Growth and Opportunity
Brazil, the global leader in coffee production, is poised for a remarkable increase in its 2024 coffee harvest. This marks a significant recovery, setting the stage for more growth. Conab has forecasted that Brazil will produce 58.81 million 60-kilogram bags of coffee this year. This indicates a 6.8% increase from 2023 and an impressive 15.5% […]
BRICS bank’s $5 Billion Loan Strategy for 2024 Amid China Lending Low
Founded in 2015 by BRICS countries, the New Development Bank (NDB) is set to issue $5 billion in loans in 2024, marking its significance in global finance. This move aligns with a time when China’s lending in Africa has dropped to its lowest in two decades. With $100 billion in initial capital and $50 billion […]
