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Global Coffee Prices Hit 16-Year High Amid Supply Concerns
Coffee markets in London and New York saw notable increases in their major contracts, driven again by worries over the robust coffee supply from...
Global Sugar Supply Surges, Prices Dip
This Friday, sugar futures saw a sharp decline in the New York and London markets.
This drop came after reports of better-than-expected sugar crops in...
Brazil’s Lula Pushes for End to Cuba Blockade, Supports Falklands Sovereignty
In a significant appeal to regional leaders, Brazilian President Lula da Silva urged for lifting the economic blockade against Cuba and backed Argentina's claim...
Colombia Ceases Military Deals with Israel, a Key Security Supplier
In a significant social media stir, Colombian President Gustavo Petro announced a stop to all military transactions with Israel.
This follows an event where over...
Nations Rally to Support Haiti Against Gang Violence
The United Nations announced receiving support from five nations—The Bahamas, Bangladesh, Barbados, Benin, and Chad—to strengthen Haiti's fight against gang violence.
These countries have committed...
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...
Banco do Brasil Resumes Support for Defense Sector
Banco do Brasil is reinstating its support for the defense sector through the Official Export Credit System.
This reversal came after a meeting led by...
Yellen Highlights Brazil’s Potential in Global Supply Chains
U.S. Treasury Secretary Janet Yellen praised Brazil for its promising role in global supply chains.
She urged Brazil to create a welcoming environment for private...
Diesel Demand and Global Supply Shifts
On Monday, oil prices rose, pushed by Europe's growing demand for diesel amid Russian sanctions and shipping interruptions.
In the US, refinery production was down...
State Support Sought at Rice Harvest Event in Brazil
On February 22, the rice and lowland grain harvest kick-off in Capão do Leão, RS, highlighted food security, drawing attention from officials, farmers, and...
Lula and Blinken Support Palestinian Statehood
During a landmark meeting on Wednesday, Brazil's President Luiz Inácio Lula da Silva and U.S. Secretary of State Antony Blinken found common ground on...
Ibovespa Climbs with Support from Vale, Caps Off Upbeat Week
The Ibovespa index notched gains, ending Friday up by 0.72% at 128,725.88, despite a rise in future interest rates shadowing global Treasury movements.
Boosted by...
Leading Lithium Supplier Foresees Price Increase
Albemarle Corporation signals a critical shift in the lithium market, emphasizing that the current low prices are unsustainable.
As the leading global lithium supplier, the...
Oil Surplus Looms as Demand Slows, Supplies Grow
The IEA predicts a global oil surplus as demand slows and non-OPEC+ supplies increase.
Last quarter's global consumption growth slowed by 35%, especially due to...