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.
U.S. Embraces Bitcoin ETFs: A New Chapter
Today, the U.S. Securities and Exchange Commission (SEC) made history by approving the country's first Bitcoin Exchange-Traded Funds (ETFs).
This landmark decision includes an ETF...
Commodity Pressures Impact Brazilian Stocks
On Wednesday, Brazil's main stock index, Ibovespa, dropped 0.46% to close at 130,841 points, mainly due to key stocks underperforming.
Vale, a major mining company,...
Uranium Prices Surge to a 16-year High
The uranium industry has witnessed a significant surge, with prices reaching a 16-year high.
As of December 2023, uranium's spot price stood at around $86...
Brazil’s Auto Exports to Mexico Surpass Argentina in 2023
In 2023, Brazil's automotive sector saw a 1.9% decrease in vehicle production, totaling 2.32 million units
This was slightly less than the 2.36 million vehicles...
World Bank Warns of Dire Global Economy 2020-2024
The World Bank, a major financial body, recently forecasted a notable decline in global economic performance from 2020 to 2024.
This period is expected to...
As December Price Surge Nears 30% Argentina Fears Hyperinflation
In December 2023, Argentina grappled with a severe inflation crisis, witnessing a monthly rate close to 30%.
This rate was the highest the country had...
Brazil’s Stock Market Dips, U.S. Awaits Inflation Data
The Ibovespa, Brazil's main stock market index, ended Tuesday's trading session down by 0.74% at 131,446 points.
Falling stocks of major companies like Vale and...
Mexico’s Inflation Exceeds Forecasts in 2023
In the closing months of 2023, Mexico experienced an unexpected rise in inflation, surpassing predictions by market experts and the Bank of Mexico (Banxico).
The...
Chinese Firms Gain Ground on Global Giants
In late 2023, global giants Apple and Tesla faced a market shift due to growing competition from Chinese companies.
Apple's iPhone saw a global market...
Ibovespa’s Decline Amidst Rising Dollar
This Tuesday morning, the Ibovespa index of the Brazilian Stock Exchange fell 0.59% to 131,515 points by 10:46 AM Brasília time.
Concurrently, the U.S. dollar...
Saudi Strategy Upends Oil Prices
Global oil prices dropped sharply on Monday, largely due to Saudi Arabia's decision to slash oil prices for some countries.
Saudi Aramco, the state oil...
Boeing’s Stock Plummets Amid Airline Turbulence
In a new development, Boeing, the aerospace giant, experienced a notable $12.1 billion loss in market value in a single day.
The company's market valuation...
Argentina Declines New IMF Program, Milei’s Spokesperson Confirms
In a pivotal development, Argentina has clarified its stance in ongoing discussions with the International Monetary Fund (IMF).
President Javier Milei's spokesperson announced that Argentina...
Navigating Change: Brazil’s Stock Market in 2024
The year 2024 marks a pivotal phase for Brazil's stock market, buzzing with significant corporate maneuvers.
Leading the charge, Banco do Brasil announces a strategic...