In April, Brazil’s Economic Uncertainty Index (IIE-Br) rose 2.7 points to 106.5, as reported by the Getulio Vargas Foundation (FGV). This uptick signals a slight shift towards uncertainty, even as the index remains within a favorable range. Economist Anna Carolina Gouveia from FGV/Ibre highlighted that the index increased after two consecutive months of decline. This […]
Related Posts
Battle for Europe’s Electric Future Rages in Dunkirk
Known for its WWII battle and automotive legacy, Dunkirk now leads Europe’s electric vehicle (EV) revolution. The city is drawing attention from both Asian and local firms as Europe aims to reduce its reliance on Chinese EV parts. ProLogium, a Taiwanese company, is investing €5.2 billion ($5.564 billion) in a Dunkirk factory specializing in solid-state […]
BRICS nations boost Brazilian agribusiness with US$56 billion in purchases; China leads
The coalition formed by Brazil, India, China, Russia, and South Africa, established in 2009, promotes mutual assistance and economic collaboration. In 2022, other BRICS nations purchased Brazilian agribusiness goods worth US$56 billion. This amount equates to 35% of the sector’s total export revenue for that year. Of this, China alone accounted for US$50 billion, marking […]
The Rise of Mozambique’s Sovereign Wealth in 2023
On Friday, Mozambique took a significant step by establishing the Mozambique Sovereign Fund (FSM). Fueled by natural gas revenues, the fund marks a crucial development in utilizing the nation’s gas resources. The FSM is projected to generate substantial income, with estimates suggesting gas exports could yield around $91.7 billion throughout the project. By the 2040s, […]