The oil market experienced a downturn as prices fell for the second consecutive day. Brent crude, the global benchmark, dropped to $73.19 per barrel, its lowest since December 10.

Meanwhile, West Texas Intermediate (WTI) settled at $70.08 per barrel. This decline stems from a combination of factors affecting global oil demand.

China’s recent e

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Italian Prime Minister Giorgia Meloni has thrown a wrench into the EU-Mercosur trade agreement, demanding significant changes. Her stance echoes concerns from other European nations, particularly France, about the deal’s impact on local farmers.

Meloni’s declaration in the Italian Parliament underscores a growing rift within the EU. She stressed t

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The gold market experienced its 4th consecutive day of decrease on Tuesday, December 17, 2024. Financiers remained careful as they expected the Federal Reserve's upcoming financial policy decision.February gold futures closed at $2,662.00 per troy ounce on the Comex department of the New York Mercantile Exchange, marking a 0.30% decline. Market
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The U.S. dollar broke new ground against the Brazilian real, crossing the R$ 6.20 mark for the first time. This occasion signals substantial shifts in the economic landscape, affecting both investors and everyday citizens.The dollar's rise shows broader financial uncertainties. Investors looked for haven in the U.S. currency as international stress i
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France’s economy teeters on a precarious edge as Moody’s downgrades its credit rating to Aa3. This move, announced on December 14, 2024, sends ripples through the financial world.

The downgrade reflects deep-seated issues in France’s fiscal management and political landscape. At the heart of the problem lies France’s swelling public deficit.

It’s p

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Brazil has joined the global push for fairer corporate taxation. The Chamber of Deputies recently approved a 15% minimum tax on large multinational companies’ profits.

This move targets firms with annual revenues over €750 million, affecting about 290 corporate groups in Brazil. The new measure aims to prevent tax base erosion and ensure m

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