Brazil - TheIndianSubcontinent

(Analysis) After multiple delays, the European Central Bank (ECB) and the Federal Reserve seemed finally set to lower interest rates in June.

Yet, the Organization of the Petroleum Exporting Countries (OPEC) threatens to complicate their plans.

OPEC’s repeated artificial production cuts have pushed crude oil prices significantly higher than market f

Details: Category: Brazil; Published: 30 March 2024

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On Thursday, the STOXX 600, a crucial European index, reached a new peak, protecting gains for another quarter.JD Sports, a significant seller, saw its biggest surge in over 4 years, thanks to validating its earnings outlook.The index climbed up 0.18% to 512.67 points, closing the week strong regardless of small changes. This marked its second quarter of

Details: Category: Brazil; Published: 29 March 2024

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Oil costs jumped more than $1 per barrel Thursday, ending the month higher.OPEC+'s continuous production cuts, attacks on Russian energy infrastructure, and fewer U.S. oil well have tightened up supply, pressing prices up.May Brent unrefined reached its highest since October 27 at $87.48 per barrel, up $1.39, or 1.6%. The busier June agreement rose to $87, a

Details: Category: Brazil; Published: 29 March 2024

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Cuba faces alarming power and food lacks, triggering widespread demonstrations, the most substantial given that 2021. Today, a glimmer of hope docks at Matanzas port: a Russian tanker with 715,000 barrels of oil, the very first in a year.Cuba, coping a serious recession, blames the U.S. trade embargo, which has actually been in place since the 1959 revolution.De

Details: Category: Brazil; Published: 29 March 2024

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Brazil’s Ibovespa closed up for the second day, gaining 0.33% to hit 128,106 points.

The week ended up at 0.85%, despite March dropping by 0.71% and the first quarter being down by 4.53%.

The US dollar also climbed, reaching R$5.01, a 0.74% increase. Futures interest rates ended the day higher.

Investors stayed cautious before the US released its PCE

Details: Category: Brazil; Published: 29 March 2024

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Sam Bankman-Fried, once a star in the cryptocurrency universe as the CEO of FTX, received a 25-year jail sentence from a U.S. federal court.This decision concludes a noteworthy trial focusing on a large monetary scams, where Bankman-Fried was accused of misappropriating $8 to $14 billion from customers and investors.His sentencing represents a