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Chinese Suppliers for Tesla’s Mexico Plant Raise U.S. Concerns
Near Monterrey, Chinese auto part makers are quickly establishing plants to supply Tesla Inc.'s new factory, sparking US alarms.
This development is part of the...
Argentina’s Milei Seeks Macri’s Support for Reforms and Governability
After visiting Israel and the Vatican, Argentina's President Javier Milei is back. His trip included a notable meeting with Pope Francis.
Milei's goal now is...
OPEC Enacts Supply Cuts Amidst Global Efforts
In a decisive move last month, OPEC scaled back its oil production, aiming to curb a global surplus and stabilize prices.
This decision saw a...
Steady Corn Prices Amid Ethanol Boost and Supply Trends
On January 31, the Chicago Board of Trade (CBOT) witnessed corn prices displaying a mixed yet stable trend.
Initially marked by notable losses, the market...
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...
Russia Becomes China’s Top Oil Supplier, Overtaking Saudi Arabia
In a notable shift, Russia has surpassed Saudi Arabia to become China's leading oil supplier in the past year.
This change underscores the limited success...
Grain Supply Challenges in 2024
Experts anticipate that El Niño's weather impact, export restrictions, and rising biofuel costs might challenge the global grain supply in 2024.
These issues could raise...
Brazil Overtakes U.S. as China’s Top Corn Supplier
Just a year after China approved Brazilian corn imports, Brazil has surpassed the United States as the main corn supplier to China, according to...
IMF Supports Argentina’s New Economic Measures
The International Monetary Fund (IMF) today welcomed Argentina's first set of economic measures announced by its new government.
These measures focus mainly on increasing the...
Gaza’s Dire Food Crisis: Only 10% of Needed Supplies Delivered
The United Nations' World Food Programme (WFP) reports that only 10% of necessary food supplies reach Gaza.
This situation arises amidst ongoing conflict between Israel...
UN Rallies Support for São Tomé and Príncipe Democracy
The United Nations (UN) is actively seeking international financial assistance to strengthen democracy in São Tomé and Príncipe.
This effort, announced by Adbou Abarry, the...
Portugal Signs New Military Support Pact with Guinea-Bissau
Portugal has established a defense cooperation pact with Guinea-Bissau to enhance the capabilities of the Guinean Armed Forces and police.
The announcement came from the...
Panama’s Food Shortage Worsens, Supply Chain Disrupted
In Panama, a vegetable shortage at the pivotal Merca Panamá market is causing scarcities of essential foods like lettuce and potatoes, leading to rising...
Sugar Supply Threat Looms as Shortages Near
The sugar industry is on high alert as the world's leading sugar trading firm, Alvean, anticipates a crisis, evoking memories of the early 2010s...