Bunge, the global agribusiness leader, has surpassed Wall Street’s profit expectations for the third quarter of 2024. The company’s success stems from increased volumes in grain trading and oilseed processing, offsetting lower margins in the current market. Bunge reported an adjusted earnings per share of $2.29, exceeding analysts’ estimates of $2.15. The agribusiness segment saw […]
Related Posts
Brazil’s Industrial Goods Face a Tax Burden 28 Times Europe’s Rate
Febrafite, the esteemed national association of state tax auditors in Brazil, has highlighted the stark contrast between Brazil and Europe regarding tax accumulation. Their comprehensive study meticulously examines the tax burden across a variety of products, uncovering significant disparities. In Brazil, a complex tax system results in taxes stacking up at numerous stages within production […]
Strategic Shifts: Unpacking Xi Jinping’s Military Reforms
Less than ten years after its establishment, China’s Strategic Support Force, once heralded as a beacon of modern military strategy under President Xi Jinping, has been disbanded. Initiated in 2015, the force was designed to enhance China’s capabilities in cyber, space, and electronic warfare. It aligns with the traditional military branches such as the Army, […]
Massa Announces 60-Day $-Policy for Vaca Muerta exports
Economy Minister Sergio Massa announced a special exchange rate on Tuesday for hydrocarbon exports from Vaca Muerta in southern Argentina. The goal is to strengthen foreign reserves and ease currency stress. The new policy lasts for 60 days. During this period, oil companies can settle 25% of exports at the “Cash with Liquidation” rate. Currently, […]