U.S. sugar producers are pushing to lower sugar imports from Mexico, pointing to violations of trade agreements. They have petitioned Commerce Secretary Gina Raimondo for a 44% cut in Mexico’s sugar export quota to the U.S., starting April 1 for the fiscal year ending in September. Despite a drop in Mexico’s sugar production last season, […]
Related Posts
NY Stocks Fall, Nasdaq Down 2% Post-Powell Comments
Yesterday, New York’s stock exchanges saw a notable decline sparked by Federal Reserve Chairman Jerome Powell’s remarks. He indicated that March would not see an interest rate cut. This news shifted investor focus and also tuned into the current earnings season featuring Mastercard and Boeing. The Dow Jones Industrial Average fell by 0.82%, closing at […]
Lula Pushes for Closer Mercosur-Vietnam Ties
Brazil’s President Luís Inácio Lula da Silva met with Vietnam’s Prime Minister, Pham Minh Chinh. They discussed a potential trade deal with Mercosur. Lula plans to leverage Brazil’s current leadership in Mercosur for this venture. He believes this will bring the two regions closer. Next, Brazil’s Foreign Minister, Mauro Vieira, will visit Indonesia. The aim […]
Bitcoin Surges Towards All-Time High: Crypto Market Reacts to Global Economic Shifts
The cryptocurrency market experienced a significant upturn as Bitcoin (BTC) approached its all-time high. This surge came amid expectations of new economic stimulus measures in China and potential interest rate cuts in the United States. The world’s largest cryptocurrency reached $65,830.18, just 11% shy of its record peak. China’s Ministry of Finance hinted at upcoming […]