Brazil’s real plunges as central bank chief softens stance on rate hike
The Brazilian real suffered significant losses on Tuesday after central bank governor Roberto Campos Neto tempered…
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Brazil
World Bank issues $225m Amazon reforestation bond
The World Bank has successfully priced a groundbreaking 9-year, $225 million Amazon Reforestation-Linked Bond,…
URGENT: OPEC+ lowers ’24 oil demand forecast
OPEC+ has revised its oil demand forecast for 2024, lowering it by 135 thousand barrels per day (tb/d) to 2.1…
EU, Mercosur aim to finalise trade deal by year-end
The European Union (EU) and the Mercosur bloc, comprising Argentina, Brazil, Paraguay, and Uruguay, are targeting…
Brazil’s unemployment falls again, sparks inflation fears
Brazil's unemployment rate continued its downward trend in June, marking the third consecutive month of decline,…
Uber, BYD to deploy 100,000 EVs in major global deal
Uber Technologies Inc. has announced a major partnership with Chinese automaker BYD Co. to integrate 100,000…
Egypt seeks more investments, strengthens Singapore ties
Egypt is actively working to enhance its business environment to attract investors from various sectors.
Malaysia wants BRICS membership – PM
Malaysia has applied to join BRICS, confirmed by Prime Minister Anwar Ibrahim in a meeting with Russian Foreign…
Egypt anticipates IMF’s approval of 3rd review – FinMin
Egypt's Finance Minister is optimistic about the IMF Executive Board's approval of the country's economic reform…
BRICS to establish joint geological platform
The BRICS countries, with Egypt's participation, have agreed to establish a joint geological platform aimed at…
