Brazil - TheIndianSubcontinent

Gold closed with a strong increase of 1% on the very first trading day of 2025, driven by a robust demand for security. Experts highlight ongoing unpredictabilities in the global economy and geopolitical stress, which sustain interest in the precious metal.On the Comex division of the New York Mercantile Exchange (Nymex), gold for March delivery rose by

Details: Category: Brazil; Published: 03 January 2025

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Argentina’s grain and derivative exports generated $1.966 billion in revenue for December 2024, according to the Argentine Chamber of Oilseed Industry (Ciara) and the Center for Cereal Exporters (CEC).

This figure shows a 1.6% decline compared to November but marks a significant 58% increase from December 2023. These organizations represent nearly

Details: Category: Brazil; Published: 03 January 2025

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Brazil's reserve bank diminished over 8% of its global reserves in December 2024. This marks the largest month-to-month drop considering that record-keeping began in 2008. The bank's aggressive interventions aimed to prop up the falling genuine against the rising US dollar. Brazil's reserves plunged from $363 billion to $332.3 billion, striking their lowest point s

Details: Category: Brazil; Published: 03 January 2025

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Argentina's stock exchange rose on the first trading day of 2025, continuing its impressive performance from the previous year.According to current reports, the Buenos Aires Stock Exchange's Merval Index rose around 6% on January 2, 2025, building on a staggering 172% boost in 2024. This excellent growth placed Argentina as the top

Details: Category: Brazil; Published: 03 January 2025

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Brazil just recently experienced a noteworthy increase of foreign financial investment, with R$ 1.3 billion ($0.21 billion) entering the B3 stock exchange in between December 20 and December 27. This activity highlights a growing interest from foreign financiers in Brazil's monetary markets, regardless of a general yearly deficit that now reaches R$ 31.7 billion ($5.11 billion).

Details: Category: Brazil; Published: 03 January 2025

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Tesla, the electrical vehicle giant led by Elon Musk, has actually reported its very first yearly sales decrease in over a years. The company delivered 1,789,226 lorries worldwide in 2024, a 1.1% decrease from 2023. This unanticipated recession marks a substantial shift in the quickly progressing EV market. The fourth quarter of 2024 saw Tesla deliver 495,570 automobiles,