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Brazil's premier stock index, Ibovespa, continues its difficult journey, ending the day at 119,137.86, a 0.44% decrease.This newest drop extends a downward trend that has seen nearly 9,000 points erased since mid-May. Strategic gains by Petrobras and Itaú offered some resilience, softening what could have been a steeper fall.Amid these
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Read more: [Brazil] - Ibovespa Struggles Amid Economic Uncertainty
Write comment (96 Comments)In Colombia, President Gustavo Petro is getting ready for a considerable cabinet overhaul. Halfway through his term, he targets transformative, irreversible reforms.With only two years left, Petro's focus sharpens. He looks for to seal changes that future leaders can not easily undo.This drive stems from a current pension reform focused on decreasing inequality.H
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Read more: Petro's Strategic Cabinet Reshuffle
Write comment (99 Comments)On the edge of an economic catastrophe, Venezuela deals with the impending loss of Citgo, a valued $13 billion asset.Acquired in 1990, Citgo represents a substantial chunk of nationwide wealth, vital to Venezuela's financial stability.Recently, a U.S. federal court relocated to auction Citgo, triggering intense protest from Venezuelan leaders and people alike.Th
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Read more: Crisis at the Crossroads: The Battle for Citgo and Venezuela's Economic Future
Write comment (95 Comments)Guatemala's twin volcanoes, Acatenango and Fuego, draw thousands annually with their sensational yet dangerous displays.Positioned near Antigua, they display nature's raw power, enchanting visitors with eruptions noticeable from just meters away.In 2022, John Rolstoy experienced these eruptions up close, explaining them as both gorgeous and daunting.F
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Read more: Volcanic Attractions: Guatemala's Dangerous Beauty
Write comment (97 Comments)On a significant Monday, the United States dollar skyrocketed to a commanding position versus the Brazilian genuine, closing at R$ 5.421. This 0.73% walking marked the greatest worth since early January 2023, contrasting starkly with international trends.Investors braced for the Central Bank of Brazil's upcoming choice on the Selic rate, set at 10.50%, which stirred anticipations
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Read more: [Brazil] - Dollar's Surge to Record Highs Reflects Brazil's Economic Strain
Write comment (96 Comments)Oji Holding Corporation, a Japanese pulp market giant, acquired 41,289 hectares in Uruguay.
The deal, worth nearly $300 million, sparked debates about a potential new pulp mill.
This single-payment transaction, totaling $287,598,326, marks one of the largest land purchases in the region.
Details include $140 million for the land and $148 million for
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Read more: Landmark Land Deal: Japanese Firm’s Major Move in Uruguay
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