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.
Dollar Stays Steady Against Real Amid Key Financial Events
The US dollar remained steady against the Brazilian real on Thursday, influenced by Ptax rate determinations and US inflation data aligning with predictions.
This situation...
China’s Economic Hurdles: Falling Short of High-Income Status
China faces significant economic challenges as it diverges from the World Bank's high-income country threshold.
In 2023, its per capita gross national income (GNI) slightly...
Canada Restores Visa for Mexicans to Cut Asylum Seeker Numbers
Canada plans to bring back visa rules for Mexicans to slow down the number of asylum seekers flying in.
This move, announced to start on...
Brazil Champions Controlled Inflation at G20
Roberto Campos Neto, leading Brazil's Central Bank, underscored the need for low, stable, and predictable inflation at the G20 meeting in São Paulo.
He argued...
Petrobras Downturn Drags Ibovespa Lower
On Wednesday, the Ibovespa index fell 1.17% to 130,151.88, reversing its upward trend.
Petrobras shares led the decline, with PETR3 and PETR4 dropping 5.66% and...
Spot Dollar Climbs Amid Global Uncertainties
After two sessions of decline, the spot dollar closed on Wednesday with a firm rise against the real, following the nearly generalized advance of...
Brazil Hits Fertilizer Import Milestone
In January 2023, Brazil achieved a record in fertilizer imports, reaching 2.77 million tons. This marked a 15% increase from the previous year's 2.41...
Cocoa Market Sees Sharp Decline Despite Supply Worries
Cocoa futures on the ICE market saw a dramatic decline, dropping over 6% on Wednesday, marking significant losses for the second straight session.
This downturn...
Varied Closures in European Stocks; London Hit by Company Slumps
European stock exchanges ended Wednesday with uneven performances. London market hit by sharp falls in Reckitt Benckiser and St. James’s Place due to disappointing...
Oil Prices Dip Amid U.S. Inventory Build
Oil futures experienced a downturn following a significant increase in U.S. crude inventories, countering the previous session's gains fueled by anticipated supply reductions.
Talks of...
Brazil’s Stock Market Sees Surge in Domestic Investors
Brazil's B3 stock market reported a significant rise in individual investors, up 11% from 17.2 million in 2022 to 19.1 million in a year.
This...
Boosting Brazil-Russia Farming Links
The 12th Brazil-Russia Intergovernmental Commission meeting in Moscow brought together key figures from both nations to fortify agricultural relations.
This session, chaired by Brazil's Ambassador...
Air Travel Disrupted Between Argentina and Brazil
On Wednesday, February 28, 2024, a strike by employees at Intercargo and Aerolíneas Argentinas halted flights between Argentina and Brazil.
Workers demanded higher wages, disrupting...
Wealth Entry Threshold for Global Elite Rises
A Knight Frank study reveals that securing a place in the United States' top 1% now requires at least $5.8 million, marking a nearly...