Brazil broke its own beef export record in April 2024 by shipping 236,842 loads and creating $1.043 billion in revenue.The Ministry of Development, Industry, Trade, and Services MDIC associated this success to strong global demand.In the first four months of 2024, Brazil exported 835,328 lots of beef, marking a 37.2% increase over the exact same duration
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Brazil has reacted to devastating floods by deploying over 20,000 military personnel in Rio Grande do Sul.This action, referred to as Operation Taquari 2, tackles the region's serious flooding, the worst in its history.Defense Minister José Múcio and Army Commander Tomás Paiva revealed the mobilization in Brasilia.They explained the operation as
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As Argentina ushers in a pivotal moment for its defense method, the country's Naval Fleet finds itself at a vital juncture.The recent acquisition of F-16 jets brings a wave of optimism, sharply contrasting with the grim state of the aging Maritime Fleet.This fleet, coming to grips with outdated ships and an absence of practical submarines and
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On Thursday, the U.S. dollar experienced a significant increase of over 1%, a reaction to the contentious choice by Brazil's Monetary Policy Committee (COPOM) to decrease the speed of Selic rate cuts.This choice, a close call at 5 votes to 4, was made late Wednesday, lowering the Selic rate by 25 basis indicate an annual rate of 10.50%. This vote
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Peru's President Dina Boluarte deals with extreme analysis after the arrest of her brother, Nicanor Boluarte.Authorities implicate him of leading a criminal network affecting federal government appointments.His arrest sparked an examination into possible abuse of authority after President Boluarte dissolved the authorities unit that had actually been investigating him.Inte
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The Ibovespa index took a significant hit, closing 1% lower at 128,188.34 points after the Central Bank of Brazil (Copom) trimmed the Selic rate to 10.50% per annum.

The reduction by 0.25 percentage points, down from 10.75%, surprised markets and signaled a cautious approach to monetary easing.

This slight rate cut amplified investor concerns,

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