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April 2024 marked a significant milestone for Brazil, as beef and by-product exports soared by 80% compared to the exact same month in 2023. Brazil delivered 252,600 metric loads, making this the 3rd largest month-to-month volume in practically a decade.This rise resulted in an earnings jump to $433.1 million, an increase of 69% over April in 2015. The
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Read more: [Brazil] - Brazil's Beef Exports Surge: A 2024 Snapshot
Write comment (98 Comments)Prime Minister Patrice Trovoada of São Tomé and PrÃncipe just recently highlighted his country's commitment to varied worldwide partnerships, consisting of a notable military arrangement with Russia.This arrangement, mostly focused on basic training and getting rid of out-of-date Soviet-era ammunition, aims to strengthen the nation's defense capabilities.I
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Read more: São Tomé and PrÃncipe's Diplomatic Dance with Global Powers
Write comment (97 Comments)Financing Minister Fernando Haddad recently compared the role of Petrobras' president to that of a government minister.He underscored the position's critical importance shortly after Jean Paul Prates was dismissed from the role.This contrast indicates the tactical significance of Petrobras, Brazil's biggest company, whose operations have broad i
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As the July elections approach, Venezuelan President Nicolás Maduro confidently prepares to face his opponent, Edmundo González Urrutia.
Maduro’s campaign, brimming with anticipation, publicly shuns electoral fraud, emphasizing a desire for a win grounded in legitimacy.
However, insiders hint at backup strategies to retain power if polls favor
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Read more: Nicolás Maduro Gears Up for July Election, Emphasizing a Desire for a Legitimate Win
Write comment (91 Comments)This Friday, Ibovespa slightly dipped by 0.10% to close at 128,150.71 points, marking a modest weekly gain of 0.43% after the previous week's 0.71% fall.Despite a small day-to-day loss, the week ended positively, affected by external stimuli from China and increasing iron ore costs. This softened the Brazilian commercial dollar by 0.55% to R$ 5.10. In the middle of
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Read more: [Brazil] - Ibovespa's Resilient Close Amid Turbulent Week
Write comment (95 Comments)This week, the U.S. dollar witnessed a notable dip, closing at R$5.10 against the Brazilian real.
Influenced by various factors, this movement reflects broader global trends and localized economic strategies.
On Friday, the spot market rates for the U.S. dollar were R$5.101 to buy and R$5.102 to sell.
Meanwhile, the first expiry futures contract
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Read more: Dollar Declines as Brazil’s Central Bank Signals Stability Amid Global Shifts
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