RT Staff Reporters
The Rio Times staff is a network of freelance journalists and bloggers from around the world who inform us about news from their regions and specific topics. This information is collected, reviewed and processed in our newsroom.
U.S. Dollar Dips as Investors Eye Powell’s Speech and US Data
The US dollar slightly dipped against the Brazilian real to R$ 4.94 as market players awaited key US economic indicators and Federal Reserve Chair...
Weekly U.S. Soy, Corn, and Wheat Shipments Meet Market Expectations
The United States Department of Agriculture (USDA) has recently shared its weekly shipment data. The figures for soybeans, corn, and wheat closely match market...
Angola Faces Steep Drop in Current Account Amid Oil Export Slump
In 2023, Angola saw its current account surplus dramatically decrease by 64.2% from the previous year, ending at $4.2 billion.
This significant shrinkage was mainly...
OPEC+ Production Cut Extension Fails to Boost Oil Prices
Oil prices dipped on Monday, despite an initial overnight uptick. The market had adjusted for OPEC+'s decision to maintain production cuts.
Despite this development and...
Ibovespa Starts Week Lower, Blue Chips Weigh Down
The Ibovespa (IBOV) experienced a downturn at the start of the week, declining by 0.65% to 128,340.54 points, mainly due to the slump in...
Crucial Win for Trump at the U.S. Supreme Court
The Supreme Court's recent verdict, just before Super Tuesday, has overturned a Colorado court's decision that barred Donald Trump from the presidential primaries.
This development...
Macau’s Economy Rebounds in 2023 with Tourism Revival
In 2023, Macau's GDP surged by 80.5% due to lifted COVID restrictions and tourism recovery, official data shows.
Macau's GDP rebounded to 379.5 billion patacas...
Indian Sugar Output Declines, Impacting Biofuel Plans
This season, sugar production in India saw a slight decrease of 1.2%, totaling 25.54 million metric tons.
This reduction stems mainly from lower yields in...
Brazil’s Avian Flu Cases Surge to 158
Brazil recently confirmed three additional cases of avian flu, as reported by the Ministry of Agriculture, Livestock, and Supply.
On March 2nd, two cases emerged...
Toyota’s $2 Billion Boost to Brazil’s Economy
On Sunday, March 3, 2024, Vice President Geraldo Alckmin announced Toyota's $2 billion investment in Brazil.
This initiative aims to create 2,000 new jobs. Alckmin,...
Gold Surges as Economic Data Falters
Gold hit a two-month peak, driven by poor U.S. manufacturing data and declining consumer confidence, suggesting potential interest rate cuts.
February's sharp decrease in U.S....
Ibovespa Edges Up with Key Stocks in Focus
The Ibovespa index modestly climbed at March's onset, echoing trends from Wall Street. It finished the day up 0.12%, at 129,180.37 points, despite a...
Coffee Markets Show Mixed Results: Arabica Down, Robusta Up
Last week, Arabica coffee futures closed lower on the New York Stock Exchange (ICE Future US), while Robusta coffee on the London Stock Exchange...
Oil Prices Surge Amid Renewed Gaza Tensions
This week, oil prices saw an upward trend, fueled by worries over supply amid rising geopolitical tensions.
The faltering peace talks between Israel and Hamas...