Brazil - TheIndianSubcontinent

The Brazilian auto market saw a considerable increase in car sales with a 7.3% surge in June, thanks to a government reward program to minimize the expense of popular vehicles.According to a survey conducted by Fenabrave, 189,528 automobiles were offered during the period, consisting of cars and trucks, light commercials, trucks, and buses.This represents a

Details: Category: Brazil; Published: 05 July 2023

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The International Maritime Organization (IMO), a UN firm, is working on a greenhouse gas technique for international shipping.Their objective is to achieve net-zero emissions by 2050. Throughout a recent conference in London, member countries discussed this problem and are anticipated to reach an agreement soon.The IMO had formerly set a target in 2018 to decrease

Details: Category: Brazil; Published: 05 July 2023

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Cape Verde's trade balance deficit revealed a decline of 11.6% year-on-year in May, reaching 67.5 million euros, as reported by the National Statistics Institute (INE). The month-to-month analytical report on Foreign Trade from INE exposes that this enhancement was driven by a 10.5% reduction in imports compared to May 2022, totaling 7,883 million escudos

Details: Category: Brazil; Published: 05 July 2023

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Uruguay expressed increased criticism of Mercosur during a top of the South American custom-mades union, highlighting trade barriers affecting its exports to Argentina and the bloc's guidelines hindering an open market agreement with China.Foreign Minister Francisco Bustillo, speaking at the LXII Ordinary Meeting of the Mercosur Common Market Council

Details: Category: Brazil; Published: 05 July 2023

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In May, Brazil experienced a considerable 11.2% boost in oil production compared to the very same duration in 2022, leading to a day-to-day output of 3.2 million barrels.This marks a 1.9% boost from April, as announced by the authorities.According to the National Petroleum Agency (ANP), the main source of this production rise remains the deepwater

Details: Category: Brazil; Published: 05 July 2023

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The federal governments of Honduras and China have started settlements for a Free Trade Agreement (FTA) between the 2 nations.The launch of the trade effort follows the current state check out of Honduran President Xiomara Castro to China, where 17 arrangements were signed to enhance exchanges throughout various socioeconomic sectors.This visit also marked