President Luis Arce addresses Bolivia’s urgent energy needs by launching a state agrofuel plant and exploring unconventional oil and gas. These steps come after a disappointing outcome from the Astillero X-1 well, which failed to find expected gas reserves. Facing an energy trade deficit of $1 billion in 2023 and a significant drop in gas sales, […]
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This upcoming week in Brazil is set to highlight key economic indicators and political events following a veto on payroll tax relief that led to a decline in the Ibovespa stock market. Significant reports include the IPCA-15 inflation figures, industrial production stats, and CAGED employment numbers. Monday begins with the Getúlio Vargas Foundation’s INCC-M and […]
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On a quiet Monday, the U.S. dollar climbed slightly, regaining some strength after last week’s sharp decline. This subtle rise set the stage for Wednesday’s eagerly anticipated meeting of Brazil’s Central Bank (COPOM). Market watchers are keenly observing this event, as decisions made here could influence global currency flows. Investors are bracing for a potential […]