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According to sources, Pátria Investments, Shell, and Mitsubishi Power have hired Itaú BBA to manage the sale of Marlim Azul. This 565-megawatt gas-fired power plant in Macaé, Rio de Janeiro, began operations in November 2023. It stands as Brazil's very first thermoelectric plant to run entirely on pre-salt gas. The joint venture partners i
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- Category: Brazil
Read more: [Brazil] - Itaú BBA to Manage Sale of Pioneering Brazilian Gas Power Plant
Write comment (94 Comments)On Thursday, the Ibovespa index operated within a narrow range, reflecting low market liquidity as Wall Street remained closed. The dollar fell by over 1%, closing at R$ 6.05.
The Ibovespa finished the day up 0.12%, reaching 119,770.97 points. The American stock market paused operations to honor former President Jimmy Carter, who passed away on
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- Category: Brazil
Read more: Ibovespa Closes Slightly Higher Amid Low Liquidity; Dollar Drops to R$ 6.05
Write comment (96 Comments)The dollar tipped over 1% on Thursday, dropping below 6.05 reais in a low-liquidity session. United States markets closed for previous President Jimmy Carter's funeral service. Investors adjusted rates after 2024's excesses amidst an empty agenda in Brazil.Reuters reported the area dollar closed down 1.10% at 6.0431 reais. On the B3 exchange, the February dollar
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- Category: Brazil
Read more: [Brazil] - Dollar Dips Below R$ 6.05 Amid U.S. Market Closure
Write comment (92 Comments)In 2024, Africa witnessed a remarkable surge in democratic progress, with eight nations holding truly competitive elections. This development marked a significant shift in the continent’s political landscape.
Senegal, Ghana, and Botswana saw peaceful transfers of power, showcasing the growing strength of democratic institutions. Bassirou Diomaye
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- Category: Brazil
Read more: Africa’s 2024: Democracy Advances Amid Persistent Challenges
Write comment (99 Comments)MarÃa Corina Machado, a prominent Venezuelan opposition leader, was apprehended on Thursday after participating in protests against Nicolás Maduro's inauguration.The event occurred as Machado left a demonstration in Caracas, according to her project team's spokesperson. The detention happened on the eve of Maduro's swearing-in ceremony for his t
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- Category: Brazil
Read more: Venezuelan Opposition Leader Machado Detained Amid Protests
Write comment (90 Comments)China aims to revolutionize energy production with its ambitious space solar power station project. The China Academy of Space Technology recently unveiled plans for this groundbreaking initiative.
The project seeks to harness solar energy in orbit and beam it back to Earth. Chinese scientists envision a solar power station orbiting 36,000
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Read more: China’s 1,000-Tonne Space Solar Station to Beam Energy to Earth
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