Amid rising geopolitical tensions and economic shifts, gold prices have reached unprecedented heights, recently surpassing $2,400 per troy ounce. Projections suggest they might exceed $2,500 this year. This increase highlights gold’s enduring appeal, boosted by substantial purchases from central banks, especially China’s. China has aggressively added to its reserves, now nearing 2,300 tons after 17 […]
Related Posts
Steady Rise in Brazil’s Economic Activity
February saw the fourth straight month of growth for the Brazilian Central Bank’s Economic Activity Index (IBC-Br), a precursor to GDP. The index rose by 0.40% from January, with adjustments for seasonal influences, continuing its positive trajectory. Previously, the IBC-Br had faltered, posting declines across three months from August to October.2.59%, complemented by a 2.95% […]
On Track for Transformation: São Paulo’s Urban Rail Revolution
Governor Tarcísio de Freitas is transforming São Paulo’s transport by partnering with private firms to launch four major urban rail projects. These developments strengthen city connections, like between Santos and São José dos Campos, and bring modern Light Rail Transit systems to Campinas and Sorocaba. These efforts expand on the São Paulo to Campinas rail […]
Work to quake-proof Groningen houses needs to speed up DutchNews.nl on 4 de July, 2023 at 10:34
Work to protect houses in Groningen from future earthquake damage needs to speed up dramatically if the cabinet’s completion date of 2028 is to be met. The mining regulator SodM said more than 1,000 homes were strengthened in the 12 months to April, up from 650 in the previous year. But the rate of repair […]