Brazil’s Central Bank has just thrown a curveball by nudging its benchmark interest rate, the Selic, to an anticipated 10.25% for 2024. Initially, it seems a modest hike from 10%, yet it’s actually a signal of a 0.25 percentage point drop from today’s numbers. Such tweaks might seem minute, but they ripple across the economy, […]
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Decline in India’s Key Crop Yields
India’s rice output is set to decrease for the first time in eight years in the 2023–24 season, affected by scant rainfall. The Indian government reports a 1.8% decrease in wheat production compared to the previous year. This forecast comes after India, the leading rice exporter, imposed a ban on non-Basmati white rice exports last […]
House prices inch up in second quarter, still 2.4% down on 2022 DutchNews.nl on 6 de July, 2023 at 9:22
House prices have inched up in the second quarter of this year, although they are still 2.4% less than they were last year, reports estate agents organisation the NVM. The body, which records the median figure from sales registered by its agent members, said that prices agreed from April to June were 2.8% higher than […]