The sugar surplus on the global stage is predicted to expand beyond initial expectations for the 2023-24 cycle, StoneX reports. Key recoveries in India and Thailand’s sugar production towards the end of their harvest periods have led to this upward revision. StoneX estimates the global sugar output will exceed demand by 3.88 million metric tons, […]
Related Posts

Performance of Brazil’s mining industry in the first half of 2023
The mining sector in Brazil achieved R$120 (US$25) billion in revenues for the first half of 2023, marking a 6% increase from the same period the previous year, as reported by Ibram’s president, Raul Jungmann. He anticipates 2023’s total will exceed that of 2022. Taxes and duties collected during this period amounted to R$41.4 (US$8.6) […]
Vermont’s Bold Climate Law Targets Big Oil, Aims for Accountability
In a daring legislative strike, Vermont is taking on the giants of the oil industry with the Climate Superfund Law. This first-of-its-kind bill is designed to hold major oil companies accountable for climate change disasters. Passed overwhelmingly by the state legislature in Burlington this week, with a vote of 26-3 in the Senate and 94-38 […]
Brazil’s Tourism to Earn $92 Billion in 2023
The Brazilian Chamber of Foreign Trade CNC projects a real revenue of R$458 billion ($92 billion) for Brazil’s tourism in 2023. This marks an 8.8% increase from 2022. Extended holidays contribute to this growth. Each long holiday could add 2.1% to yearly revenue. In monetary terms, that’s an extra R$48 billion ($9.6 billion). This is […]