Last Thursday marked a turning point in the oil markets. U.S. oil stockpiles dwindled more substantially than anticipated, driving oil prices upward in the middle of a busy travel season.On the New York Mercantile Exchange, West Texas Intermediate (WTI) for August delivery saw a boost of 0.72%, closing at $81.29 per barrel.Similarly, Brent crude for
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In the world of global copper production, Peru is setting ambitious goals. Peru intends to surpass Chile's 2023 yield of 5 million metric heaps with a considerable increase in output.This vision, as outlined by Minister Rómulo Mucho, depends upon a remarkable $40 billion investment.These funds aim to establish completely new mining tasks, contrasting
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In a tactical move on June 20th, Claudia Sheinbaum, soon to be Mexico's first female president, announced her preliminary cabinet choices in Mexico City.She presented a team that includes experienced political figures and new academic factors, showing a detailed technique to governance.Among these consultations, Juan Ramón de la Fuente
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Ambev, recognized on the stock exchange as ABEV3, finds itself at a crossroads, with analysts sharply divided over its future.Bank of America remains positive, anticipating a 38.4% gain with a target price of R$ 15.50, suggesting a substantial undervaluation offered the current trends.Conversely, XP Investimentos embraces a more cautious position,
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In 2023, Brazil experienced a considerable decline in foreign direct investment (FDI), with figures plunging by 10% to $65.8 billion.This stark decrease contrasts sharply with the $73.3 billion recorded in 2022 and mirrors levels seen in 2019. This sharp decline was reported by the United Nations Conference on Trade and Development (UNCTAD), which
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In a bold financial effort, the Dominican Republic intends to double its GDP by 2036. President Luis Abinader envisions changing the country into a completely established nation within a decade.The strategy includes creating 1.7 million new tasks, tripling average wages, getting rid of severe poverty, and increasing life expectancy by six years.The nation's
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