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As Venezuela gears up for the presidential elections on July 28, the European Union (EU) has made a strategic pivot by easing some sanctions against key Venezuelan officials.

This shift marks a thaw in the icy relations that have persisted due to human rights concerns under President Nicolás Maduro’s regime.

The decision to remove sanctions against

Details: Category: Brazil; Published: 14 May 2024

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The global cocoa market recently experienced significant volatility, with cocoa futures plummeting by 20% in May 2024, marking one of the sharpest declines in recent years.

On May 13, cocoa prices on the New York ICE collapsed to $7,166 per ton, wiping out the gains from the previous week.

This reflects the precarious nature of agricultural

Details: Category: Brazil; Published: 14 May 2024

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On Monday, May 13, 2024, the U.S. dollar recorded a slight dip, reflective of market caution ahead of key economic updates.

Closing down 0.13%, the spot dollar settled at R$5.150 for buying and R$5.151 for selling. The slight decline also saw the nearest futures contract for the dollar fall by 0.30% to 5,159 points.

This cautious trading atmosphere

Details: Category: Brazil; Published: 14 May 2024

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In April 2024, Angola experienced a sharp rise in inflation, reaching a seven-year peak of 28.02%. This boost marks the 12th consecutive month of upward movement, as reported by the National Institute of Statistics (INE). The jump represents a significant rise of 17.61 portion points compared to the very same duration the previous year. It is nearing

Details: Category: Brazil; Published: 14 May 2024

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On May 13, 2024, the oil market witnessed a substantial rebound, with rates climbing due to increased need from the world's leading customers, the United States and China.This uptick eliminated the $1 per barrel reduction observed in the previous session.West Texas Intermediate (WTI) futures rose by 1.1% to $79.12 a barrel, while Brent crude saw a

Details: Category: Brazil; Published: 14 May 2024

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In Brazil's air travel market, Azul notched a record Ebitda margin in early 2024, highlighting its robust performance.Despite increasing financial obligation, the airline accomplished a 37% Ebitda growth, revealing strong financial management.This achievement improved Azul's stock to R$ 11.28 ($2.19) by Monday afternoon. Aiming for its 2024 monetary goals, Azul needs 22% y