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Economy Dec, 02, 2024 0

China Expands Maritime Influence Across Latin America

China is increasing its dominance in Latin America’s maritime sector, flooding the region with crane exports and investing heavily in port infrastructure. These actions are connected to Beijing’s Belt and…
Economy Nov, 28, 2024 0

Argentina Surprises and Reduces Pressure on Official Dollar in October

Contrary to expectations of increased pressure on the US dollar due to accumulated import payments in October, the scenario unfolded more favorably. The initial forecast was that Argentina would settle…
Photo by Rolled Alloys Specialty Metal Supplier: https://www.pexels.com/photo/industrial-machinery-in-factory-8973680/
Economy Nov, 28, 2024 0

Machinery sales rebound after 28-month decline, association says

Manufacturers of machinery and equipment experienced their first month of growth in total net revenue in October after 28 consecutive months of year-on-year decline. According to data released on Wednesday…
halal market
Economy Nov, 27, 2024 0

Bosnia and Herzegovina authorized Brazilian exports of poultry meat

The Brazilian government welcomed Bosnia and Herzegovina’s announcement authorizing the import of Brazilian poultry meat, marking a significant step in strengthening trade ties between the two nations. This new market…
Economy Nov, 26, 2024 0

Poland opposes EU-Mercosur trade deal in current form, says PM

Poland opposes the EU-Mercosur free trade deal with South American countries in its current form, the prime minister said on Tuesday, joining France in standing against an agreement European farmers…
Economy Nov, 26, 2024 0

Rising imports drive Brazil’s external deficit

The surge in imports of goods, combined with a deficit in the services account, has led Brazil’s current account deficit to reach $43.6 billion from January to October. This figure…
Economy Nov, 26, 2024 0

Trump Announces Tariff Hikes on Mexico, Canada, and China Over Drugs and Immigration

U.S. President-elect Donald Trump announced on Monday (25) plans to impose 25% tariffs on imports from Mexico and Canada, citing a need to halt what he described as an “invasion”…
Economy Nov, 25, 2024 0

Brazil’s Trade Balance Hits $543 Billion in Flow, $69 Billion Surplus by October’s 4th Week

Brazil’s Trade Balance recorded a surplus of US$2.1 billion and a trade flow of US$11 billion in the fourth week of November 2024, resulting from exports worth US$6.533 billion and…
Economy Nov, 22, 2024 0

Shipping Costs for a Container from China Surge 250% to $7,500 Amid Rising Demand and Port Congestion

Until March, the freight for a 40-foot container cost around $3,000, but now it has reached $7,500, representing a 250% increase in less than a year. According to Rodrigo Giraldelli,…
China
Economy Nov, 21, 2024 0

Brazil pursues “shared future” with China, skips Belt and Road

Brazil’s President Lula and China’s top leader, Xi Jinping, signed a joint declaration on Wednesday (20) elevating their bilateral relationship to a “Brazil-China Community of Shared Future for a More…