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Richard Mann

Richard Mann is a German native and has worked as a freelance journalist for many years. He travels all over Brazil and is mainly interested in business, art, and culture and also likes to write articles about spiritual topics and unusual events.

Oil Prices Dip as Supply Rises

On January 24, 2024, a surge in oil production from the United States, Libya, and Norway led to a slight fall in oil prices. Brent...

Fitch’s Outlook on Brazil Achieving Investment Grade

Fitch Ratings predicts Latin America's economies will face challenges in 2024, with economic growth slowing to 1.5% from 2.3% in 2023. This slowdown stems from...

Ibovespa Gains Momentum with Key Stock Contributions

Ibovespa, Brazil's leading stock index, experienced a significant rise on Tuesday, driven by the rebound of Vale's shares and gains in Petrobras. The index increased...

Brazilian Real Strengthens as Dollar Dips Post-Surge

The U.S. dollar, after a more than 1% increase due to concerns about Brazil's fiscal balance, saw a decline against the Brazilian real on...

Revolutionizing Crypto: Figure’s Interest-Bearing Token

Figure Technologies Inc., led by former SoFi CEO Mike Cagney, is pursuing U.S. regulatory approval for an innovative stablecoin. This stablecoin, unique in its nature,...

Global Markets: Key Trends and Updates

Investors are currently scrutinizing corporate earnings, seeking indicators of the global economy's condition and supply chain dynamics. They are also closely monitoring the evolving conflicts...

BNDES’s Key Role in Brazil’s Industrial Renewal

The Brazilian National Development Bank (BNDES) is central to Brazil's new industrial plan, "Plano Mais Produção." Rio-based BNDES is a leading development bank, significantly impacting...

Petrobras’ Credit Outlook: Stability Amidst Industry Challenges

Fitch Ratings recently reaffirmed Petrobras' 'BB' global and 'AAA' national credit ratings with a stable outlook. This mirrors a similar action by S&P, who also...

Oil Prices Climb Amid Global Tensions

On Monday, January 22, Brent crude oil prices significantly rose, surpassing $80 per barrel for the first time in ten days. This increase stems from...

Brazil’s Dollar Surge Amid Industrial Program

Brazil's announcement of a new industrial development strategy, involving significant financing, has prompted a notable rise in the dollar's value against the real. This financial...

Mexican Retail Sector: A Balancing Act in 2024

In 2024, Mexico's retail sector will navigate a complex economic environment. The sector's progress reflects not only local conditions but also broader regional and...

Bitcoin’s Waning Momentum Amid ETF Speculation

Bitcoin's momentum slowed, nearing a fall below the $40,000 threshold on Monday. This decrease contrasted sharply with the broader rally in traditional markets. As cryptocurrencies,...

Foreign Investors Exit Brazil’s Ibovespa Amidst January Slump

In January, the Ibovespa stock index saw a notable decline. This was mainly due to foreign investors pulling out. These developments were the focus of...

Japan’s Nikkei Hits 34-Year Peak Thanks to Chip Sector

On January 22, 2024, the Nikkei Stock Average reached a 34-year high of 36,546, following a 1.6% surge from the previous day. The rise was...

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