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The Ibovespa, Brazil’s main stock index, kicked off the week with a strong performance on Monday, January 6, 2025. The index closed up 1.26% at 120,021.52 points.
This surge came after The Washington Post reported that President Donald Trump might moderate his tariff plans. The US dollar weakened against the Brazilian real, falling 1.11% to 6.11
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Read more: Brazilian Stock Market Soars as Trump Considers Easing Tariff Plans
Write comment (96 Comments)Oil prices eased slightly on January 6, 2025, despite reaching their highest levels since October. Brent crude futures fell to $76.30 per barrel, while West Texas Intermediate (WTI) crude dropped to $73.56 per barrel.
The market experienced a six-day rally before this minor setback. Weak economic data from the United States and Germany contributed
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Read more: Oil Prices Dip Amid Mixed Economic Signals and Geopolitical Tensions
Write comment (97 Comments)Gol Linhas Aéreas Inteligentes S.A., Brazil's significant airline, slashed its month-to-month losses by nearly half in November 2024. The business reported a bottom line of R$ 176 million ($29 million), down from R$ 338 million ($55 million) in October.This 48% decrease happened while Gol browsed Chapter 11 bankruptcy defense. On January 6, 2025, Gol's stock p
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Read more: [Brazil] - Brazilian Airline Gol Cuts Losses by 48% Amid Bankruptcy Restructuring
Write comment (94 Comments)Gold prices retreated on January 6, 2025, as investors anticipated key economic indicators. Spot gold fell 0.3% to $2,632.47 per ounce, while February gold futures dropped 0.4% to $2,644.50 on the Comex division of the New York Mercantile Exchange.
Rising U.S. Treasury yields pressured gold prices. The 10-year Treasury yield reached a one-week
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Read more: Gold Prices Dip as Market Awaits Economic Data
Write comment (96 Comments)The Nigerian Exchange Limited (NGX) reports a strong start to 2025, building on its impressive 37% gain in 2024. The All-Share Index rose 1.42% to 103,586.33 points in the first trading week.
Market capitalization increased by 2.02% to N63.166 trillion ($38.56 billion), representing a total gain of N1.25 trillion ($762.5 million). This growth
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Read more: Nigerian Stock Market Soars in 2025’s First Week, Defying Economic Headwinds
Write comment (98 Comments)France’s military footprint in Africa has dramatically shrunk from 10,000 troops to just 2,000 in five years, marking a seismic shift in its long-standing defense strategy on the continent.
President Emmanuel Macron is spearheading a strategic pivot, redefining France’s role in Africa amid growing anti-French sentiment and increased competition f
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Read more: France Slashes African Military Presence by 90% in Five Years
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