The Brazilian Development Bank (BNDES), plans to pay out approximately R$ 16 ($3) billion in dividends to the Brazilian federal government in 2024. Declared at the Priority 2024 Investment Forum in Rio de Janeiro, these payments are hefty.They amount to 50% of the bank's net benefit from 2023-- double the 25% legal minimum.Additionally, there's an extra R$ 5 billion (
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Starting July 4th, the European Union (EU) will enforce tariffs ranging from 17.4% to 38.1% on Chinese electric vehicles.This action originates from findings in an examination initiated on October 4, 2023, which points to China's unfair aids to its electrical car industry.As an outcome, Chinese vehicles are sold in the EU at lowered rates,
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On Monday, the U.S. dollar soared to its highest value against the Brazilian real since January 4, 2023, closing at R$5.357.

This spike mirrors broader global financial trends and escalating political unease in Europe.

Domestically, Brazil’s fiscal uncertainties significantly influenced the Central Bank’s interest rate decisions, further propelling t

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This week, global markets responded as China's central bank stopped its routine gold buying, indicating an end to a notable acquiring period.Concurrently, natural gas traders brace for prospective disturbances. This Wednesday, the U.S. Department of Agriculture (USDA) is set to launch new supply and need estimates.These are likely to impact
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On Monday, oil prices jumped nearly 3%, hitting a week’s peak. The market reacted to the expected spike in summer fuel demand.

This uptick occurs amidst a robust U.S. dollar and the Federal Reserve’s signal to keep interest rates high for longer.

Throughout 2022 and 2023, the Fed tackled inflation by hiking rates. High rates have since lifted

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Ukraine’s grain production is set to decline by 12% in 2024, totaling 52.76 million tons, almost matching the Ukrainian Ministry of Agriculture’s estimate of 52.4 million tons.

The expected yield includes 19.99 million tons of wheat, 26.77 million tons of corn, and 4.51 million tons of barley, as reported by APK-Inform.

This downturn is primarily

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