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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 Falls Below R$5 as Fed Holds Rates

The U.S. dollar dipped over 1% to under R$5 on Wednesday, reacting to the Federal Reserve's decision to keep its base rate steady and...

Brazil’s Rice Exports Decline in Early 2024

In the first two months of 2024, Brazil witnessed a notable 24% decline in rice exports, shifting from 239.4 thousand tons in the same...

Bitcoin Rebounds Alongside Wall Street, Trimming Weekly Losses

Following a sluggish start to the day, Bitcoin (BTC) witnessed a notable recovery, turning positive by Wednesday afternoon. From an early low of $60,900, the...

Argentina Faces Economic Dip in 2023, Aims for Recovery

In 2023, Argentina's economy shrank by 1.6%, with a 1.9% GDP drop in the last quarter reported by the national stats agency Indec. Despite this,...

Fed Keeps Rates Steady, Foresees Hike in Future

This Wednesday, the Federal Reserve held interest rates steady, ranging from 5.25% to 5.5%, as market analysts anticipated. Initially, a 70% likelihood of a rate...

Ethiopia Faces Critical Drug Shortage Amid Forex Shortfall

Ethiopia is grappling with a severe medicine shortage, largely due to an ongoing forex crisis. A personal initiative to bring essential medicines from Kenya highlighted...

Wednesday Morning Call: Market Awaits Decisions on Key Interest Rates

Today's financial update highlights Wednesday (20) as crucial, with the stock market anticipating key decisions from the Federal Reserve (Fed) and Brazil's Monetary Policy...

U.S. and Germany Fall from Top 20 Happiest Countries

For the seventh straight year, Finland holds the title of the happiest country globally, with Brazil moving up five spots to 44th. In South America,...

NY Stocks Rise, S&P Sets Record Before Fed Meet

On Tuesday, New York's stock markets ended on a high note, and the S&P 500 hit an unprecedented peak right before a key Federal...

Brazil Expands Global Reach with 100 New Agricultural Markets

Since January 2023, Brazilian agriculture, under President Lula's third term, gained 100 new markets in 49 countries. Recent developments this Tuesday in Egypt have enabled...

Orange Prices in Brazil Reach Historical High

In São Paulo, orange prices reached a historic high this March. Cepea reports the Pera variety selling for up to R$100 ($20) per 40.8...

Ibovespa Rises Amidst Diverse Stock Performances

The Ibovespa index rose 0.45% to 127,528.85 points, reflecting New York's calm yet anticipative market sentiment. It achieved a daily high of 128,000 points. Concurrently,...

Dollar Climbs as Investors Eye Central Bank Decisions

On Tuesday, the dollar witnessed a modest increase against the Brazilian real, extending its climb above the 5-real mark for the second consecutive session. This...

Oil Prices Rise on Demand and Geopolitical Outlook

On Tuesday, oil prices increased, reflecting expectations for greater global demand, US economic resilience, and China's economic rebound. Despite this, experts warn the uplift could...

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