On August 1, 2024, the U.S. dollar enhanced notably versus the Brazilian genuine and other currencies. This change resulted from worldwide financial shifts and specific geopolitical events.On that day, the USD/R$ rate struck a high of R$ 5.7383, marking a 1.46% boost from the previous day, and closed at R$ 5.7268. Increased geopolitical stress due
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Explore the most recent advancements and insights from throughout the African continent.This collection of posts brings you updated info from diverse areas, highlighting significant financial, political, and social events.Each segment is dedicated to particular parts of Africa-- Northern, Western, Central, Eastern, and Southern-- supplying a com
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On a subtly well balanced Tuesday, the U.S. dollar closed almost the same at R$ 5.61 against the Brazilian real, despite day-to-day variations. This calm closing masked a day charged with anticipation.Investors changed their strategies based upon expected monetary policy shifts from the Bank of Japan, the U.S. Federal Reserve, and Brazil's Central Bank.From
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In the first quarter of 2024, Mozambique's gas exports soared by 30%, reaching $340.9 million.This growth comes from the launch of operations in Area 4 of the Rovuma Basin. This took place in spite of a 43.5% drop in international market prices.The Mozambique Central Bank report highlights this increase, noting the nation as Africa's third-largest n
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For the third consecutive day, oil markets have been under pressure, ending lower despite geopolitical tensions.

On July 30, 2024, West Texas Intermediate (WTI) for September delivery dropped by 1.42% to close at $74.73 per barrel.

In parallel, Brent crude for October delivery fell by 1.24% to $78.07 per barrel.

The declines unfolded on the New York

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After Nicolás Maduro’s controversial re-election, Venezuela faced chaos, protests, fraud claims, and international criticism.

This turmoil exacerbated existing political divisions, influencing a series of domestic and global reactions.

This detailed account captures the entirety of these events and the reactions that followed.

Timeline and Analysis

Ele

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