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Cina
Fruit exports to China to grow 10%
Fresh fruit exports to China are anticipated to increase by at least 10% this year based on better land transport flow as cross-border trade facilitation improves.
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USA
Airbnb upbeat as tourism rebounds
Airbnb closed 2022 with an impressive turnaround as the pandemic-hit business reported its first annual profit on revenue growth of 40% to US$8.4 billion, with net income of $1.9 billion.
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USA Indonesia
Ford’s Sino-Brazilian partnership ‘threatens US national security
US Senator Marco Rubio has demanded an investigation into a partnership launched by carmaker Ford with a Chinese company and Brazilian mining company Vale, claiming it could "threaten the national security" of the US. Ford announced on March 30 a deal with Zhejiang Huayou Cobalt and Vale's Indonesian subsidiary to ...
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USA Argentina
Reviving Argentina’s economy: dollarization and bitcoin as catalysts for change
Argentina is on the brink of financial collapse as record inflation and the Argentine peso devaluation hit the market. According to research by Steve Hanke, professor of applied economics at Johns Hopkins University, the peso has depreciated 47% against the US dollar, and inflation is over 118% annually. His solution: ...
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Colombia
Colombia plans another tax reform: is it needed and what is it about?
By Daniel Guerrero Gustavo Petro’s government has several reforms among its plans It has already approved tax reform and is making progress in health, pension, and labor reforms, but another tax reform is planned on the horizon, but now focused on territorial taxes. After Ricardo Bonilla arrived at the Ministry ...
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Argentina
Argentina: rents in Buenos Aires soared more than 10% in one month
The rent price in the City of Buenos Aires (CABA) rose 10.1% in April, registering the highest increase ever since the adjustment of the Rent Law in 2020, according to data from the real estate sector. Thus, this year's accumulated increase reached 38.4%, above inflation. While the uncertainty regarding the ...
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USA Argentina
Argentina’s drought: the weather is taking the economic crisis to a new level
By Patrick Gillespie and Jonathan Gilbert Argentina’s record drought is worsening inflation and driving the peso to new lows, undermining the ruling party ahead of October’s presidential elections. This could represent a dramatic change in the country’s political direction. The International Monetary Fund cut its growth outlook for South America’s ...
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Cina Kenya
In East Africa against China
By Horst Teubert and Dr. Peer Heinelt With his current visit to Nairobi, German Chancellor Olaf Scholz is participating in U.S. efforts to tie Kenya more closely to the West again. The East African country, once a fairly close cooperation partner of the transatlantic powers, has greatly intensified its economic ...
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Brasile
Transpetro prepara estudo para voltar a construir navios no Brasil
O presidente da Transpetro, Sérgio Bacci, anunciou nesta quinta-feira (4) que a prioridade da nova gestão é voltar a construir navios no Brasil. A subsidiária da Petrobras atualmente tem 26 navios e contrata os serviços de outros dez de origem estrangeira. A empresa criou um grupo de trabalho interno para fazer um ...
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Brasile
Concessão da BR-163 é transferida ao governo de Mato Grosso
O presidente Luiz Inácio Lula da Silva e o governador de Mato Grosso, Mauro Mendes, oficializaram a transferência da concessão de trecho da BR-163 para o governo do estado, que ...