Brazil

Rio de Janeiro-based Petrobras, Latin America's largest oil company, is contemplating the possibility of trading in national currencies instead of relying solely on the US dollar, according to CEO Jean-Paul Prates, writes Sputnik.Prates stated that Petrobras is open to conducting contracts in yuan, particularly for countries like Argentina that face a scarcity of dollars.However, the company's shift towards national currencies would require authorization from the Central Bank and the Ministry of .
.
.To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
Already Subscribed? Login Here





Unlimited Portal Access + Monthly Magazine - 12 issues


Contribute US to Start Broadcasting - It's Voluntary!


ADVERTISE


Merchandise (Peace Series)

 


EU-Andean Trade Pact Takes Full Effect After 11-Year Provisional Period


Election Uncertainty Spurs Rich to Transfer Wealth Early in the U.S.As the 2024 U.S. presidential election approaches, wealthy Americans are speeding up wealth transfers to their heirs.They goal to take advantage of estate tax exemptions set to expire in


Chile and Australia Strengthen Defense Ties in Inaugural Bilateral Dialogue


[Brazil] - International Innovation Index 2024: Switzerland Leads, Brazil Tops South America


Violence and Corruption: Key Factors Limiting Mexican Investment


Mexico's Automotive Industry Expands to New States


[Brazil] - Brazil's Foreign Reserves Reach Five-Year High: A Closer Look at Economic Stability


[Brazil] - Santos' Promotion to Serie A Hangs in Balance as Ceará Secures Crucial Victory


Binance Gains Users, Loses Market Share After Regulatory Overhaul


Record Growth in Brazilian Agribusiness: 34 New Markets Opened in October


Kenya Revives Contested Tax Hikes Amid Economic Pressures


Gates Foundation's Diplomatic Shield in Kenya: A Troubling Precedent


Brazil’s Ibovespa Drops 1.23% as Fiscal Concerns Grow


Brazil’s Pre-Salt Oil Fields Achieve Record Production in September


A New Chapter for Botswana: Duma Boko’s Rise to Power


Oil Prices Edge Up Slightly, Yet End Week with Over 3% Decline


Economic Data Clash Leaves Gold Market Flat


Dollar Hits 4-Year High as Brazil Faces Fiscal Uncertainty


Ayodhya's Diwali Spectacle: A Record-Breaking Hindu Celebration of Light and Tradition


Separatist Sentiments Stir in Southern Peru


Senegal Partners with Turkey for Food Sovereignty Amid Ankara's Growing African Influence


[Brazil] - Hypera's Stock Plummets as EMS Withdraws Merger Proposal


[Brazil] - France's Loaded G20 Defense Pitch: Helicopters, Jets, and Submarines for Brazil


Ethiopian Airlines Clinches Top Honors at 2025 APEX Passenger Choice Awards


Colombia's Unemployment Rate Drops to 9.1% in September


Chile Leads Latin America in Immigration Opposition


Chad Launches Military Offensive Against Boko Haram in Lake Region


[Brazil] - Ibovespa Ends October Down as Dollar Surges; Markets Dips 1.6% in October


[Brazil] - Embraer Expands into North Africa with Morocco Alliance





70