Federal Reserve Chairman Jerome Powell recently hinted that interest rate cuts might be postponed, pointing to persistent inflation pressures as the main reason. Powell, alongside Bank of Canada Governor Tiff Macklem, cited inflation stagnation for the Fed’s cautious stance at the Wilson Center. Powell stated, “If price pressures continue, we may need to maintain rates […]
Related Posts
Angola’s $6 Billion Leap Towards Energy Self-Reliance
Angola’s government has signed a deal with CNCEC, a Chinese company, to build a new refinery. This refinery, known as the Lobito Refinery, will be in Benguela province. The project will cost $6 billion. Sonangol, Angola’s state-owned oil firm, also joined this effort. It signed three contracts. The first is for building the refinery with […]
Under Bolsonaro, Convicts Received Army Weapon Licenses
Brazilian Army granted CAC licenses to convicted individuals, including drug traffickers, murderers, and those with active arrest warrants. TCU report shows Bolsonaro’s push for more CAC registrations, impacting firearm control from 2019 to 2022. The TCU document, spanning 139 pages, discloses that 5,235 individuals under sentence managed to secure, renew, or keep their registration certificates […]
State of Mexico Emerges as Key Destination for Swedish Business Expansion
Sweden and Mexico are writing a new chapter in their economic partnership. The two countries are exploring fresh opportunities for trade and investment. This development comes as Swedish companies show growing interest in the Mexican market. Swedish Ambassador to Mexico, Gunnar Aldén, recently led a delegation of Swedish businesspeople to Mexico. They met with officials […]