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.
Brazil’s Coffee Production to Rise by 4.6% in 2024/25
Itaú BBA reports that better weather conditions for arabica beans will drive a 4.6% increase in the 2024/25 coffee harvest in Brazil, reaching 69.4...
Rising Rice Prices and Efforts for Self-Sufficiency in Nigeria
In a new development in 2023, Nigeria saw a dramatic rise in rice prices, a staple providing 9% of Africa's calories.
Prices jumped 37%, making...
Investor Focus Shifts Amid US Data and Chinese Growth Potential
Today, investors focused on the US Producer Price Index after US retail sales dropped, unexpectedly boosting stocks.
This paradox shows how bad news can sometimes...
Asian Markets Surge, Eyeing China’s Post-Holiday Return
Asian markets closed higher on February 16, 2024, riding the wave of a new closing record set by the S&P 500 in New York,...
Brazil’s Unique Mandatory Vaccination for Young Children
Brazil's Ministry of Health refuted claims last month, stating it's not the only country vaccinating children against COVID-19.
Yet, Brazil is the sole nation currently...
Wall Street Gains as Drop in Retail Sales Signals Possible Rate Cuts
On Thursday, Wall Street saw an uptick as unexpected dips in U.S. retail sales for January fueled anticipation of imminent Federal Reserve interest rate...
Gaza Tops 2023’s Journalist Danger List
In 2023, Gaza was the deadliest area for journalists, and the CPJ attributes most of the 99 worldwide media deaths to Israeli actions.
Of these,...
OpenAI’s Sora Revolutionizes Video Creation
On Thursday, OpenAI launched Sora, a new AI capable of generating realistic videos from text.
Its impact on advertising and film could be transformative, arriving...
Brazilian Judiciary Proceeds with Charges Against Bolsonaro Family
The Civil Police charged Jair Renan Bolsonaro, youngest son of the former president, with money laundering, ideological falsehood, and use of false documents.
The investigation...
Ibovespa Climbs, Fueled by Global Markets and Key Stocks
The Ibovespa index saw a positive turn, ending Thursday on a high note after a series of losses.
Petrobras shares (PETR3 and PETR4), lifted by...
Record Ethanol Sales in January: A Boost for Brazil’s Biofuel Market
In January, Brazil's South-Central region processed an impressive 714,01 thousand tons of sugar cane, more than doubling the previous year's figure for the same...
Financing Ukraine’s Future: A $486 Billion Challenge
The World Bank, alongside the United Nations, European Commission, and Ukrainian officials, projects Ukraine's reconstruction post-2022 invasion to cost $486 billion.
This staggering sum is...
Oil Rallies Despite Demand Concerns
Crude oil futures rose on Thursday, bouncing back from Wednesday's fall triggered by increased U.S. stockpiles.
A softer dollar helped, as did ignoring forecasts of...
Dollar Stable Against Real Amid US Data
The US dollar remained steady against the Brazilian real after weak US economic data. These figures fueled speculation about an impending Federal Reserve rate...