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China's real estate market recession is casting long shadows over the global iron ore industry, challenging the recent modest uptick in ore prices.While early April saw iron ore prices surge past $100 per load due to short-term steel market strengths in China, the wider, more sustained outlook remains fraught with uncertainty.At an essential industry
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Read more: China's Economic Pivot and Its Impact on Global Iron Ore Markets
Write comment (98 Comments)Adverse weather and conflict are placing global wheat supplies under severe strain, raising fears of escalating food prices.
Analysts
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Read more: Global Wheat Supply Under Pressure from Adverse Weather and War
Write comment (95 Comments)Eletrobras (ELET6), a leading Brazilian energy company, reported a regulatory net revenue of R$9.7 billion ($1.9 billion) for Q1 2024.
This represents a 9% increase from Q1 2023. Primarily, tariff adjustments in the transmission segment propelled this growth.
Meanwhile, the generation sector faced challenges due to low energy prices and selling the
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Read more: Eletrobras Reports Strong 9% Revenue Growth Amid Economic Shifts
Write comment (90 Comments)This Sunday, Panama holds an essential presidential election with José Raúl Mulino, linked to ex-president Ricardo Martinelli, as the frontrunner.He pledges to deal with migration concerns, battle drug trafficking, and renew Panama's failing economy.In the early 2000s, Panama enjoyed financial success, ranking amongst the most successful emerging
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Read more: Panama Election: Mulino Steps Up
Write comment (97 Comments)In 2023, Spain confirmed its status as a prime location for Latin American financiers, doubling their investments to $3.051 billion.Elisa Carbonell from ICEX and Andrés Allamand, Ibero-American Secretary General, showcased this in the Global LATAM 2024 report.During the presentation, they worried Spain's strategic function as an entrance to Europe a
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Read more: Latin American Firms Double Investments in Spain
Write comment (91 Comments)Today, Latin America prepares for vital financial updates, with Brazil, Chile, Colombia, and Mexico set to release their newest inflation figures.Analysts project a diverse economic landscape. Brazil and Colombia might show slight improvements in their consumer price indices.Brazil's inflation rate is anticipated to approach the 3% target, signaling
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Read more: [Brazil] - A Week of Economic Decisions in Latin America
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