Bank of America (BofA) projects a 2.7% GDP growth for Brazil in 2024, outpacing general market predictions. Despite potential setbacks from flooding in Rio Grande do Sul, the outlook stays upbeat. Several factors bolster this forecast. Brazil’s increasing GDP potential, alongside positive early-year economic indicators, supports growth. BofA economists David Beker and Natacha Perez indicate […]
Related Posts
Israel Affirms It Can Address Rafah Conflict Alone
Ceasefire discussions between Israel and Hamas have reached an impasse due to significant disagreements and escalating tensions. Despite ongoing negotiations, progress remains challenging as both sides hold firm. Hamas demands a permanent ceasefire and the withdrawal of Israeli forces from Gaza, which Israel firmly rejects. Meanwhile, Israeli Prime Minister Benjamin Netanyahu insists on maintaining military […]
France Seeks Mongolia’s Riches After Losing Niger’s Uranium
France and Mongolia inked a $1.7 billion deal, paving the way for uranium mining in Mongolia, according to Orano’s chairman. The deals came during Mongolian President Ukhnaagiin Khurelsukh‘s visit to Paris. This venture may provide 4% of the world’s uranium supply. The move offers France an alternative to its current sources, such as Niger. Recently, […]
Italy’s ‘Mattei Plan’: A €5.5 Billion Investment in Africa
Italy’s “Mattei Plan,” a €5.5 billion investment in Africa, marks a pivotal shift in its foreign policy and economic strategy. PM Meloni’s plan: €3B from Italian Climate Fund, €2.5B from Development Cooperation Fund, integrates credits, donations, guarantees. The plan’s objectives are to strengthen ties between Italy and various African nations through projects in education, health, […]