Thursday's rundown exposed a plain change in forecasts for US rates of interest, driven by a higher-than-expected March Consumer Price Index (CPI). Chief Economist Mario Mesquita from Itaú Unibanco voiced unpredictabilities around the anticipated cuts.Initially, specialists predicted financial reducing as early as March, with expectations later shifting to May,

Write comment (94 Comments)

On April 10, President Bernardo Arévalo of Guatemala announced a 30-day national state of emergency due to widespread wildfires and a major landfill fire.

These blazes pose serious health threats to the country’s residents.

This decisive action, agreed upon by the cabinet, targets the enhancement of firefighting efforts by better allocating

Write comment (94 Comments)

In April 2024, Mali experienced a record heatwave with temperatures hitting 48.5°C (119.3°F), the highest April temperature in Africa.

This event is not isolated but part of a concerning trend where extreme temperatures have threatened lives across the continent.

With over 100 deaths attributed to this specific heatwave, the incident underscores the

Write comment (97 Comments)

On April 8, 2024, Zimbabwe transitions to the gold-backed ZiG currency, moving away from the depreciating ZWL.This effort, led by Central Bank Governor John Mushayavanhu, depends on 2.5 lots of gold and diverse foreign currency reserves.The change lines up with substantial financial reforms focused on supporting Zimbabwe's economy in the middle of inflation a

Write comment (99 Comments)

(Opinion) Elon Musk, who heads the platform X, formerly Twitter, just recently criticized Alexandre de Moraes, a questionable Brazilian Supreme Court Justice.In an April interview with Fox News, he stressed the vital role of the next elections.He hinted at Moraes's involvement in political matters, consisting of the release and political support of

Write comment (96 Comments)

Oil costs saw a decline on Monday as stress in the Middle East reduced following reports that Israel had actually downsized its ground forces in the southern part of the Gaza Strip.This development follows oil costs surged last week. On the NY Mercantile Exchange, May delivery WTI dropped 0.55% ($0.48) to $86.43/ barrel.Similarly, Brent crude for

Write comment (93 Comments)