Brazilian Federal Police and the Comptroller General’s Office have exposed a massive fraud scheme affecting six million retirees across the country.

“Operation Sem Desconto” revealed unauthorized deductions totaling R$6.3 billion ($1.125 billion) from pension benefits between 2019 and 2024. Authorities launched the operation on April 23, executing o

Silver prices gained modest ground on May 2, 2025, trading at $32.56 per troy ounce, up 0.39% for the day after three consecutive sessions of decline. The precious metal has climbed 12.77% since January, adding $3.69 per ounce to its value despite recent pressure.

The small recovery follows Thursday’s drop when prices fell over 1% toward $32 per o

Iron ore prices continued their downward trend with the SGX TSI Iron Ore CFR China (62% Fe Fines) Index opening at $96.65 on Friday morning, May 2, 2025.

The benchmark price reflects a slight decline of 0.10 (-0.10%) today, extending losses that began in mid-April when prices first dropped below the psychologically important $100 per tonne level.

Mar

Copper prices climbed to $4.68 per pound Friday morning, continuing their recovery from Wednesday’s dramatic 5% plunge. The metal stabilized Thursday around $4.57 per pound as traders responded to positive signals about potential trade agreements.

This volatility reflects copper’s ongoing struggle between immediate economic concerns and long-term d