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France’s military footprint in Africa has dramatically shrunk from 10,000 troops to just 2,000 in five years, marking a seismic shift in its long-standing defense strategy on the continent.
President Emmanuel Macron is spearheading a strategic pivot, redefining France’s role in Africa amid growing anti-French sentiment and increased competition f
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Read more: France Slashes African Military Presence by 90% in Five Years
Write comment (93 Comments)The Financial Times reports that the dollar fell over 1% against the Brazilian real on Monday. This decline aligns with a positive outlook for emerging market currencies.
The shift follows news that the Trump administration may implement less aggressive import tariffs in the United States. The U.S. currency closed above 6.10 reais, despite its
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Read more: Dollar Drops as Trump Administration Considers Moderate Tariffs
Write comment (96 Comments)Brazil’s Ministry of Development, Industry, Trade, and Services reported record-breaking exports in 2024. The country achieved unprecedented export values to approximately 50 markets worldwide.
Notable destinations included the United States, Spain, Canada, the United Arab Emirates, and Indonesia. This diversification underscores Brazil’s expanding
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Read more: Brazil’s 2024 Exports Soar Despite China Slowdown
Write comment (91 Comments)UBS Group has increased its stake in Casas Bahia (BHIA3) to over 5%, signaling growing international investor confidence in Brazil’s retail sector despite economic challenges.
Here’s why you should read this: Understanding this story provides insights into foreign investment trends in emerging markets, which could affect both global investors and B
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Read more: UBS Group Increases Stake in Casas Bahia to Over 5%
Write comment (96 Comments)The National Institute of Statistics and Geography (INEGI) reported Mexico’s new light vehicle sales reached 1,496,806 units in 2024. This figure represents a 9.8% increase compared to 2023 sales.
The 2024 sales total marks the third-highest year in Mexico’s automotive industry history. However, it fell slightly short of the 1.5 million unit
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Read more: Mexico’s Auto Sales Surge 9.8% in 2024, Marking Third-Highest Year
Write comment (90 Comments)Bitcoin's price reached $99,612.93 early Monday, nearly touching the desired $100,000 mark. The cryptocurrency market showed strong momentum to start the brand-new year. Bitcoin rose 1.24% in the last 24 hours, trading at $99,579. The international cryptocurrency market cap increased to $3.54 trillion, up 0.29% from yesterday.Analysts associate the rally to
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Read more: Bitcoin Surges Past $99,000 as Market Anticipates $100,000 Milestone
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