Brazil’s Steel Industry Pushed to the Brink

[ad_1] Brazil’s Steel Industry Pushed to the Brink: A Call for Protection and Reform By Hotspotnews Brazil’s steel industry, a cornerstone of the nation’s industrial might, is teetering on the edge of collapse, warns André Gerdau Johannpeter, chairman of Gerdau SA, one of the country’s largest steelmakers. The sector is grappling with an unprecedented crisis […]

Venezuela on the Brink of Losing Citgo, Its Prized Foreign Asset

[ad_1] Venezuela on the Brink of Losing Citgo, Its Prized Foreign Asset Venezuela faces the imminent threat of losing Citgo, its most valuable foreign asset, as a U.S. court-ordered auction of shares in Citgo’s parent company, PDV Holding, nears its final stages. The auction, driven by an eight-year legal battle in Delaware, could strip Venezuela […]