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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 (90 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 (96 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 (91 Comments)The Financial Times reports that the dollar fell over 1% against the Brazilian real on Monday. This decline aligns with a positive outlook for emerging market currencies.
The shift follows news that the Trump administration may implement less aggressive import tariffs in the United States. The U.S. currency closed above 6.10 reais, despite its
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Read more: Dollar Drops as Trump Administration Considers Moderate Tariffs
Write comment (97 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
Write comment (94 Comments)Brazil’s Ministry of Development, Industry, Trade, and Services reported record-breaking exports in 2024. The country achieved unprecedented export values to approximately 50 markets worldwide.
Notable destinations included the United States, Spain, Canada, the United Arab Emirates, and Indonesia. This diversification underscores Brazil’s expanding
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Read more: Brazil’s 2024 Exports Soar Despite China Slowdown
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