Latest news with #preços
Bloomberg
07-07-2025
- Business
- Bloomberg
Angola Raises Transport Fares Up to 50% After Diesel Price Hike
Angola hiked public-transport fares by as much as 50% after raising diesel prices by a third last week, the road transport regulator said. A ride in shared minibuses will increase to 300 kwanzas ($0.32) from Monday, compared with 200 kwanzas previously, while urban bus fares will rise 33% to 200 kwanzas, the National Land Transport Agency said in a statement on Sunday.
Reuters
04-07-2025
- Business
- Reuters
Global coffee supply relief possible in three years, ICO head says
CAMPINAS, Brazil, July 3 (Reuters) - Global coffee supply could improve in three years as new plantations spurred by record high prices start producing, International Coffee Organization (ICO) Executive Director Vanusia Nogueira said on Thursday at an event in Brazil. The outlook, however, depends on market conditions remaining favorable enough for farmers to maintain their crops, Nogueira told journalists at an event organized by the Brazilian coffee exporters group Cecafe. Global coffee supply is tight as several years of production deficits, impacted by extreme weather in key producing regions, push prices up. Nogueira said it could take about three years for new coffee plantings to ease supply pressures. "These are plantations that will start producing in about three years, so then, in three years, we should have some additional supply." Nogueira said the end of successive deficits in the global coffee market could happen in 2026, depending on the weather in the main producing countries, such as Brazil, Colombia and Vietnam. "I think (the end of the deficits) will depend a lot on this climate issue," said Nogueira, noting that there is still some risk of frost for Brazil's crop in July.
