Global oil costs today took an unexpected dip, tipping over 3% in spite of ongoing production cuts by OPEC+ and its allies. This shift sent out rates tumbling to their most affordable levels since February. West Texas Intermediate (WTI) for July saw a drop of 3.60% to $74.22 per barrel, while Brent crude for August fell 3.39% to $78.36 per barrel. The backdrop? OPEC
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In May, Brazil's industry faced significant challenges due to floods in Rio Grande do Sul. Company closures and lower demand also affected the sector.Despite these setbacks, the sector remained in development area for the 5th successive month. The Purchasing Managers' Index (PMI), released on Monday, validated this trend.S-& P Global compiled
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Picture beginning your day without a cup of coffee. Hard to picture, right? Comprehending the international 2023-2024 coffee forecast is important for both coffee lovers and worldwide economies.This year, production is prepared for to strike around 178 million 60-kg bags. Going into specifics, Coffea arabica, known for its smooth, fragrant flavor, dominates
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Chile’s economy has contracted for two straight months due to declines in mining and commerce, dampening early-year growth.

April’s Monthly Economic Activity Indicator (Imacec), a proxy for GDP, fell by 0.3%. This drop was less severe than the forecasted 0.6%, signaling a slowdown.

Interestingly, compared to last April, activity has risen by 3.5%.

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Real Madrid has actually caught Kylian Mbappé, setting a high-profile tone for their 2024/25 season.This statement accompanied the club's triumphant 15th European Cup victory.Presently with the French team PSG, the 25-year-old Mbappé has actually signed a five-year agreement with Madrid.His main discussion at Santiago Bernabéu awaits the competition's co
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Dive into today's necessary products-- from your day-to-day coffee to the energy that powers your home.Here's why these markets are making headings and what it implies for you.Robusta Coffee Heats UpVietnam, a top robusta coffee producer, faces challenges from extreme hot and dry conditions, impacting their essential harvest season.With robusta coffee
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