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May 2024 saw a decrease in Buenos Aires' inflation rate to 4.4%, a noteworthy drop from April's 9.8%, according to INDEC Argentina.This reduction offers a look of stabilization in an otherwise volatile financial landscape.By the end of May, cumulative inflation for the year had hit 80.2%, with a year-over-year rate of 280.9%. Food costs, a
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Read more: May Sees Notable Inflation Decrease in Buenos Aires
Write comment (98 Comments)Bolivia experienced a significant drop in both exports and imports during the first quarter of the year 2024.
According to the IBCE, using data from the INE, exports fell 27% and imports 16% compared to last year.
External sales, which were $2.645 billion in the first quarter of 2023, decreased to $1.921 billion in the same period of 2024.
Imports
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Read more: Bolivia’s Trade Troubles: Exports and Imports Plunge in Early 2024
Write comment (94 Comments)In an event in Aragua, President Nicolás Maduro of Venezuela and Turkish delegates established an innovative tactical partnership.They signed contracts on mining, gas, and petrochemicals, targeting economic improvement for both nations.Maduro declared, Our win-win collaboration will revitalize essential sectors: mining, gas, and petrochemicals. The
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Read more: Stimulating Futures: Venezuela and Turkey's Strategic Pact
Write comment (92 Comments)PetroReconcavo, when concentrated on development, is now emerging as a dividend powerhouse, mesmerizing the marketplace with substantial investor payouts.This shift highlights two important advancements in the business's technique. Just recently, PetroReconcavo revealed a substantial interest in equity circulation of R$ 410 million ($78.24 million). This relocation
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- Category: Brazil
Read more: [Brazil] - PetroReconcavo's Path to Dividend Dominance
Write comment (90 Comments)Last week, Chicago’s wheat futures recorded their most substantial weekly drop in nearly a year, plunging by 7.5%.
This downturn was precipitated by Turkey’s announcement to halt wheat imports from June 21 to at least October 15, aiming to support its domestic producers.
The cessation is particularly impactful for the Black Sea wheat, especially
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Read more: Significant Weekly Decline in Chicago Wheat Futures
Write comment (94 Comments)On Friday, oil markets exhibited subtle shifts that signaled broader economic currents.
As the trading day concluded, both major types of crude oil reported minor losses, reflecting a restrained market response to a robust U.S. employment report.
West Texas Intermediate (WTI) for July delivery dipped by just 0.03% to $75.53 per barrel, while Brent
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Read more: Oil Edges Lower as Dollar Strengthens
Write comment (99 Comments)Page 394 of 628
