In 2023, Peru faced a deepening economic strain, evidenced by rising poverty levels and falling real incomes.

Nearly 30% of Peruvians, equating to 9.7 million individuals, lived below the poverty line, marking an increase of 1.5 percentage points from the previous year.

This trend was particularly pronounced in urban areas, where poverty rates

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Category: Brazil

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The Community of Portuguese Language Countries (CPLP) now commands the world’s fourth-largest Exclusive Economic Zone (EEZ), spanning approximately 7.9 million square kilometers.

This massive area is predominantly influenced by Brazil, Portugal, and Cape Verde, which contribute 47%, 22%, and 10% of the territory, respectively.

Other contributors

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In the early months of 2024, witnessed a downturn in its Economic Climate Indicator, signaling a shift in business sentiment.

The National Institute of Statistics (INE) reported a decline from the upbeat trends of late 2023.

However, the current figures still surpass the recent year averages, suggesting a lingering optimism not seen at the start of

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China's real estate market recession is casting long shadows over the global iron ore industry, challenging the recent modest uptick in ore prices.While early April saw iron ore prices surge past $100 per load due to short-term steel market strengths in China, the wider, more sustained outlook remains fraught with uncertainty.At an essential industry
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The Bank of Mexico (Banxico) chose to keep its rates of interest unchanged at 11%, stopping its current relieving cycle. This move aligns with the expectations of numerous analysts surveyed by Citibanamex.Banxico's financial policy committee unanimously selected this course, highlighting the central bank's careful technique to consistent inflation risks, regardless of so
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Adverse weather and conflict are placing global wheat supplies under severe strain, raising fears of escalating food prices.

In various parts of the world, farmers are grappling with numerous setbacks.

These range from waterlogged fields in Western Europe to the dry terrains of Australia, plus the effects of Russia’s incursion into Ukraine.

Analysts

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  1. Eletrobras Reports Strong 9% Revenue Growth Amid Economic Shifts
  2. Latin American Firms Double Investments in Spain
  3. Panama Election: Mulino Steps Up
  4. [Brazil] - A Week of Economic Decisions in Latin America
  5. [Brazil] - Bolsonaro Speaks Out on Free Speech in Brazil

Bomb explodes in Narathiwat, no injuries

              

Philippines sends out ships to contested atoll

              

[Thailand] - Govt eager to host next meet

              
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