David Arana always had a thing for numbers. That passion took him to MIT to study mathematics and later to New York, where he traded credit derivatives for Deutsche Bank AG.
In 1967, a helicopter from United States Steel Corp. carrying a team of geologists made an accidental discovery after landing in a remote corner of the Amazon rainforest: a giant iron-ore deposit that would become Carajás, one of the world’s richest mineral regions.
If I told you Argentina is the world’s hottest new market for copper, you might be likely either to scratch your head or just laugh.
As leaders of the China-led group of emerging-market economies known as the BRICS descend on Rio de Janeiro for their summit starting Sunday, expect the usual coterie of talking heads offering prepared remarks to the media with the city’s iconic Sugarloaf mountain serving as a picturesque backdrop.
That would be my advice for the Brazilian government on how to approach US President Donald Trump’s tariff-palooza.
By sparing Mexico and Canada from his reciprocal tariffs on Wednesday, US President Donald Trump has kept the pact known as USMCA on life support. That’s no small feat given the animosity shown by the US government toward its neighbors in the past weeks.
Hopes for regime change in Venezuela have surged in recent weeks, the result of a coalescing political opposition and apparent divisions within President Nicolás Maduro’s ruling socialist party ahead of July 28 elections.
