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On Wednesday, April 17, global oil markets experienced a sharp decline, with prices falling more than 3%.
This drop came in the wake of Iran’s recent attack, after which Israel has yet to respond.
The absence of immediate retaliation has fueled speculation that the conflict may not escalate further at this time.
Additionally, concerns about a
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Read more: Oil Prices Fall Over 3% Amid Muted Israel-Iran Tensions
Write comment (100 Comments)Niger is advancing its autonomy in foreign policy by integrating Russian military trainers, marking a significant shift in its security alliances, and enhancing its national sovereignty.
This
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Read more: Niger Embraces Russia in a Strategic Shift from Western Alliances
Write comment (90 Comments)The Brazilian stock market experienced its sixth consecutive day of declines, with the Ibovespa index falling 0.17% to 123,171 points, shedding 217 points in the process.
The trading session started on a positive note, with the index briefly climbing to 125,000 points, but it soon reversed these gains, continuing its downward trend.
This marked the
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Read more: Continued Investor Caution Amid Fiscal Risks Impacts Brazilian Shares
Write comment (98 Comments)Cape Verde sent a 15-person delegation to the Web Summit in Rio de Janeiro to enhance remote work collaborations with Brazilian companies.
Led by the Secretary of State for the Digital Economy, the initiative introduces a new talent platform.
Pedro Lopes explained at the summit that this platform allows Cape Verdeans to remotely work for Brazilian
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Read more: Cabo Verde’s Planned Digital Bridge to Brazil
Write comment (91 Comments)The Biden administration has actually ended a six-month leniency duration by restoring oil sanctions on Venezuela.This action follows President Nicolás Maduro's failure to comply with arrangements aimed at making sure reasonable elections arranged for July.The U.S. Treasury Department has actually announced that the relevant license for oil and gas production will expire
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Read more: U.S. Reinstates Sanctions on Venezuela Citing Election Agreement Breaches
Write comment (99 Comments)(Analysis) Jerome Powell, Chairman of the U.S. Federal Reserve, recently announced that U.S. interest rates might stay high for longer, complicating global monetary policy.
Made on Tuesday, this announcement predicts delays in anticipated rate cuts due to ongoing high inflation.
This change from Powell’s earlier statements has driven U.S. Treasury y
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Read more: Global Central Banks Constrained by Steady U.S. Interest Rates
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