The Brazilian stock market, Ibovespa, closed the week on a negative note, influenced by Wall Street’s weakness. However, Vale’s strong performance helped limit the losses. The main index fell 0.13% to 129,893.32 points on Friday, October 25, 2024, resulting in a 0.46% weekly decline. The US dollar strengthened against the Brazilian real, ending the session […]
Related Posts
Why the MSGBC Region is Africa’s Next Big Thing
The MSGBC zone, which consists of Mauritania, Senegal, Guinea-Bissau, and Cape Verde, is fast becoming an investment hub in areas like energy, mining, and infrastructure. The driving force behind this influx of investment is a mix of good governance, tax benefits, and a focus on sustainable development. Each country in the MSGBC basin has adopted […]
Strengthened Security Pact Between Nicaragua and Mexico
The Nicaraguan Army and Mexico’s National Defense and Navy Departments have solidified their partnership. This is through a Memorandum of Understanding for sharing experiences, training, and cooperation in security and defense. This step occurred during a gathering of the armed forces general staff from both countries in Managua. The meeting was led by General Julio […]
Magdalena Channel is Boosting Argentina’s Trade and Sovereignty
The Magdalena Channel is vital for Argentina, as 80% of the nation’s exports flow through its waterways. Yet, most ships take a detour through Uruguay. This setup limits Argentina’s full control over its trade routes. However, the Magdalena Channel offers a quicker path to international waters. The Argentine government recently started a bidding process for […]