Brazil’s coffee production forecast has been adjusted downward by hEDGEpoint Global Markets, now projected at 67.46 million 60-kg bags. This represents a 4.9% reduction from previous estimates. This revision reflects the impact of adverse weather conditions on crop yields. However, an increase of 1.8% in total production compared to the last season is still anticipated, […]
Related Posts
Japan’s export engine sputters: a dive into the economic powerhouse’s trade turbulence
An economic powerhouse, Japan recently experienced a subtle jolt in its export dynamics. For the first time in over two years, July saw a dip in the country’s exports, with a 0.3% year-on-year decline, according to data released by the Finance Ministry. This development, coming after a consistent rise since February 2021, raises questions about […]
Chile serves as an example of LatAm’s commitment to renewable energy and self-reliance, despite China’s influence
(Opinion) The growth of renewable energy in Latin America is often attributed to Chinese influence, which is indeed significant. Chinese companies produce about 90% of the wind and solar technologies installed in the region. China’s State Grid controls over half of Chile’s regulated energy distribution. Additionally, China has made substantial investments in Latin America’s critical […]
TotalEnergies Bets Big on Green Hydrogen
TotalEnergies aims to make their European oil refining greener by buying 500,000 tons of green hydrogen annually. Sébastien Bruna, the company’s hydrogen head, said, “We want a greener industry.” The firm will replace 500,000 tons of gray hydrogen by 2030. This hydrogen currently removes sulfur in six European refineries and two in France. Jean-Marc Durand, […]