The Brazilian Institute of Geography and Statistics (IEBG) reported a slight growth of 2.9 % in the GDP of the South American country in 2023. According to the information released on Friday, March 1, by the IBGE, the agricultural sector showed the greatest expansion last year, "with a year-on-year…
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Cuba will increase the cost of gasoline by 500 %

The Cuban government announced that the increase in gasoline by almost 500 % will come into effect next March 1, a month after the originally planned date. In addition, as part of a series of measures to tackle the country's fiscal deficit,…

G7 must reach agreement on frozen Russian assets

U.S. Treasury Secretary Janet Yellen stressed the urgency of the G7 reaching an agreement to use the proceeds from frozen Russian assets and redirect them to Ukraine. This is raised as a crucial step ahead of the next meeting of the group…

IMF issued warning on agrarian protests in Europe

The International Monetary Fund (IMF) issued a warning about agrarian protests in Europe, noting that they could have an impact on prices if they persist. However, the IMF also states that these protests are not expected to have a major…

EU approved new sanctions against Russia

The European Union adopted its thirteenth package of sanctions against Russia in response to Russia's aggression against Ukraine. This new package affects some 200 individuals and entities, mainly from Russia. Here are the key details:…