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Turkey Seeks to Join BRICS to Strengthen Global Influence

Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s…

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First Solana Spot ETF Raises $2.75 Million on Brazilian Stock Exchange

On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3, the Brazilian stock exchange. The product, previously approved for trading…

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Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally

The price of frozen concentrate orange juice futures contract has reached all-time high numbers this month, hitting 514.65¢ per lb and setting the stage for retail prices to skyrocket. The…

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Mercado Libre, Latam’s Largest Company, Launches Own Dollar Stablecoin

Mercado Libre, the largest public company in Latam by market capitalization, has announced the release of its own dollar-pegged stablecoin, the meli dolar, for the Brazilian market. The development was…

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X Ceases Operations in Brazil After Refusing to Comply With Censorship Orders

X’s Global Government Affairs Team reported on August 17 that the social network would be forced to shut down its local operations in Brazil due to judicial orders issued against…

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Binance Pays $1.75 Million to Settle Irregular Derivatives Offering Procedure in Brazil

Binance, one of the largest cryptocurrency exchanges in the world, has settled an administrative procedure with the CVM, the securities regulator of Brazil. The exchange proposed to pay 9.6 million…

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BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert

The vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on the U.S. dollar, opting instead to trade…

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