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Economic Expectations in Brazil Hit Lowest Since 2015 Amid Fiscal Uncertainty
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 […]
President Biden, Jill visit Hawaii for first time since wildfires devastated Maui
President Biden and First Lady Jill Biden will visit Hawaii for the first time since severe wildfires left more than 100 residents dead. The visit also comes amid criticism from both sides of the aisle that Biden has been publicly quiet toward Hawaii and its residents. During the visit, the president and first lady are […]
Suez Canal Revenue Plummets 60% Amid Red Sea Attacks
The Suez Canal faces unprecedented challenges as regional instability disrupts global shipping. Recent data shows a 60% drop in revenue and a 49% decline in ship traffic since early 2024. These figures spell trouble for Egypt’s economy and international commerce. Osama Rabie, head of the Suez Canal Authority, points to the Red Sea’s growing instability […]