China’s real estate market downturn is casting long shadows over the global iron ore industry, challenging the recent modest uptick in ore prices. While early April saw iron ore prices surge past $100 per ton due to temporary steel market strengths in China, the broader, more sustained outlook remains fraught with uncertainty. At a pivotal […]
Related Posts
Mexico Invests $6 Million in Next-Gen Armored Vehicle
Mexico’s Defense Secretariat says the DN-XIII armored vehicle will be ready by February 2025. Approved last November, the vehicle has a 15-month development plan. It comes equipped with video cameras, GPS, and 0.50-caliber ballistic shields. Also, it features a rotating turret and all-terrain tires. For development, the Defense Secretariat has set aside $6 million. This […]

Niger’s military has taken control and announced border closures
Niger’s military declared on Wednesday the suspension of the current republic and the displacement of the country’s president, Mohamed Bazoum. This action follows an asserted deterioration of security and mismanagement of economic and social affairs. Additionally, the military has enforced a closure of Niger’s borders. Delivering statements via Niger television, the military faction, self-identified as […]
European Stocks Hit Peak Following US Inflation Insights
European stocks surged to record highs fueled by automotive and banking sectors, reacting to US inflation data, sparking speculation on a June Federal Reserve rate cut. The STOXX 600, a benchmark pan-European index, notched a 1% gain, closing at 506.52 points, despite trimming gains post-US consumer price data. February saw a notable rise in the […]