Brazil is making strides in olive oil production, aiming to cater to its vast market, among the largest in the world, amidst global price hikes. Now, less than 1% of its olive oil consumption is locally produced. The emphasis on high-quality products could boost domestic demand despite price increases. Production in Rio Grande do Sul […]
Related Posts
Dollar’s dominance wanes as investors eye other currencies amid global economic changes
Despite the dollar’s resilience against predictions of a prolonged fall since the start of the year, many top asset managers believe its days of dominance are limited as the uniqueness of the U.S. economy lessens. They assert that the dollar is weakening as U.S. interest rates near their peak and the aggressive tightening by the […]
How Egypt is Attracting Billion-Dollar Global Investments
Egypt’s President Abdel-Fattah El-Sisi recently unveiled tax breaks designed to spur investment in crucial industries. Industries like green energy, electric cars, and pharmaceuticals will benefit. This move comes amid a high inflation rate of 36.5% for July 2023. Companies can also trade in stable currencies like euros and dollars. In 2021, Egypt made some products […]
In cabinet reshuffle, Venezuelan President Nicolás Maduro appointed new ministers
In a recent cabinet reshuffle, Venezuelan President Nicolás Maduro appointed new ministers for National Commerce, Industries and National Production, and Urban Agriculture in a bid to address various challenges facing the nation. Dheliz Álvarez, who was at the helm of the Venezuelan Corporation for Foreign Trade (Corpovex), will now serve as the Minister of National […]