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The Rio Times

News from Latin America and the Global South

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U.S. Employment Data Impact on Oil Prices

This past week, oil prices witnessed their largest drop in three months. US employment data weaker than expected

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U.S. Employment Data Triggers Sharp Drop in Dollar Value

On May 3, the U.S. dollar declined to R$5.07, a drop of about 0.85%, following U.S. employment figures that fell short of expectations

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Ibovespa Rises 1%, Hits 128,500 with Positive Global Market Sentiments

The Ibovespa, Brazil's benchmark stock index, ended the week on a high note, climbing 1.09% to 128,508 points

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Global Coffee Prices Adjust as Weather Patterns Shift

This past week marked significant shifts in the coffee futures market, influenced heavily by weather forecasts in Vietnam

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Africa's Future Largest LNG Site Set for 2025 Decision

ExxonMobil, the American oil giant, anticipates a pivotal investment decision by the end of 2025 concerning its natural gas project

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Avianca Reconnects Colombia and Cuba with Weekly Flights

Starting July 2, Avianca will reinstate flights between Colombia and Cuba, boosting cultural ties and connectivity.

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Cuba Launches Electronic Visas to Boost Tourism

On May 6, Cuba introduced the Evisa system to modernize entry protocols and enhance its tourism industry this year.

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Brazil's Agrishow 2024 Breaks Records in Business Prospects

Agrishow 2024 concluded in Ribeirão Preto, São Paulo, setting new benchmarks for the global agribusiness sector.

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Brazil and Japan Ink Agreements on Agriculture and Cybersecurity

On Friday, Brazilian President Luiz Inácio Lula da Silva and Japanese Prime Minister Fumio Kishida signed three strategic agreements.

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Gerdau's 2024 Turnaround Sparks Investor Interest

In early 2024, Gerdau showcased resilience, hinting at a significant turnaround, particularly in North America.