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Brazil's official statistics agency, IBGE, reported that customer costs rose 0.43% in April 2025, pushing annual inflation to 5.53%. This figure stands above the Central Bank's target ceiling of 4.5%, set under the new continuous program presented in January.The regular monthly boost slowed from March's 0.56%, however the annual rate marks the highest s
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Read more: [Brazil] - Rate Hikes Fail to Tame Brazil's Inflation Fueled by Food and Energy
Write comment (96 Comments)Qatar Airways will increase its flights between Doha and São Paulo from 14 to 17 per week starting June 25, 2025, according to official airline statements released in early May 2025.
This move comes as the airline responds to a clear rise in demand for both business and leisure travel between the Middle East and South America.
The new flights will
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Read more: Qatar Airways Expands São Paulo Flights as Business Travel Demand Surges
Write comment (99 Comments)On May 8, 2025, official statements from both governments confirmed that Nigeria and Brazil have reached a decisive stage in finalizing a Bilateral Air Service Agreement (BASA). This deal will allow direct commercial flights between the two countries for the first time.
The move comes after years of bureaucratic delays and follows renewed
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Read more: Nigeria and Brazil Finalize Direct Flights, Paving Way for Closer Commercial Links
Write comment (92 Comments)The US Energy Information Administration reported crude stocks fell by 2.03 million barrels in the week ending May 2. Supplies now stand at 438.37 million barrels, about 7 percent below the five-year seasonal average. Experts had anticipated a 1.3 million-barrel draw.This bigger draw followed a 2.7 million-barrel develop a week previously. Gasoline
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Read more: U.S. Oil Inventories Fall Beyond Expectations, Tightening Supplies
Write comment (91 Comments)The Federal Reserve’s Federal Open Market Committee held its benchmark rate at 4.25 percent to 4.50 percent on May 7. It paused rates for a third straight meeting.
The committee noted that economic uncertainty has risen and that risks of higher inflation and unemployment have increased.
Policymakers warned about stagflation risk as tariffs could
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Read more: Fed Flags Price, Job Risks and Keeps Interest Rate Unchanged
Write comment (99 Comments)According to multiple news sources, Israel carried out several airstrikes in southern Syria between April 30 and May 3. This intervention targeted military sites near Damascus's governmental palace and other program assets.Sectarian clashes erupted on April 28 after a fabricated audio clip presumably insulted the Prophet Muhammad. Equipped groups
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Read more: Druze Caught in Syria's Southern Conflict as Israel Seeks Buffer State
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