RT Staff Reporters
The Rio Times staff is a network of freelance journalists and bloggers from around the world who inform us about news from their regions and specific topics. This information is collected, reviewed and processed in our newsroom.
U.S. Employment Data Impact on Oil Prices
This past week, oil prices witnessed their largest drop in three months. US employment data weaker than expected, sparking speculation of a Federal Reserve...
U.S. Employment Data Triggers Sharp Drop in Dollar Value
On May 3, the U.S. dollar declined to R$5.07, a drop of about 0.85%, following U.S. employment figures that fell short of expectations.
The April...
Ibovespa Rises 1%, Hits 128,500 with Positive Global Market Sentiments
The Ibovespa, Brazil's benchmark stock index, ended the week on a high note, climbing 1.09% to 128,508 points. This increase, over 1,300 points, marks...
Global Coffee Prices Adjust as Weather Patterns Shift
This past week marked significant shifts in the coffee futures market, influenced heavily by weather forecasts in Vietnam.
Arabica coffee contracts for July/24 saw a...
Avianca Reconnects Colombia and Cuba with Weekly Flights
Starting July 2, Avianca will reinstate flights between Colombia and Cuba, boosting cultural ties and connectivity.
The airline plans six weekly flights, providing over 2,100...
Cuba Launches Electronic Visas to Boost Tourism
On May 6, Cuba introduced the Evisa system to modernize entry protocols and enhance its tourism industry.
At FitCuba 2024, Prime Minister Manuel Marrero unveiled...
Brazil’s Agrishow 2024 Breaks Records in Business Prospects
Agrishow 2024 concluded in Ribeirão Preto, São Paulo, setting new benchmarks for the global agribusiness sector.
The event is Latin America's largest agricultural fair, showcasing...
Gerdau’s 2024 Turnaround Sparks Investor Interest
In early 2024, Gerdau showcased resilience, hinting at a significant turnaround, particularly in North America where demand and profitability remained strong.
Despite tough competition in...
Brazil’s Industrial Sector: Fluctuating Fortunes in March
In March 2024, Brazil's industrial sector saw a modest increase of 0.9% from February, as reported by the Brazilian stats agency IBGE.
This uptick continued...
Friday’s Morning Call: April Payroll Data Highlights End-of-Week Agenda
After a public holiday, Brazil's market bounced back with the Ibovespa index climbing 0.95% to 127,122 points.
Meanwhile, the US dollar dipped by 1.53%, settling...
São Tomé and Príncipe Seeks Colonial Reparations from Portugal
On May 2, 2024, São Tomé and Príncipe in Africa announced its intent to seek colonial reparations from Portugal.
Education Minister Isabel Abreu outlined the...
Paraguay’s Beef Market Expands
Amidst the global food market's volatility, Paraguay's beef industry marked a rise in the early months of 2024.
By April, exports climbed 3.5% to $461.2...
Dollar Weakens After Fed Holds Rates, Boosting Brazil’s Outlook
The U.S. dollar saw a notable decline, dropping over 1% against the Brazilian real as markets reopened after the Labor Day holiday.
This drop was...
Brazil’s Mineral Sector Soars
Brazil's mineral sector showcased a remarkable 25% revenue increase in the first quarter of 2024, hitting R$68 billion (approximately $13.33 billion).
This surge stems from...