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Exclusive-Brazil prepares new oil auction as trade war threatens budget, sources say

Brazil's government is preparing an extra auction this year of stakes in offshore oil areas to boost revenue, a plan gaining steam amid falling oil prices and rising global trade uncertainty, said four people familiar with the matter. Two of the sources, who spoke on condition of anonymity, said the auction will involve smaller, uncontracted parts of the pre-salt Tupi, Mero and Atapu fields, looking to raise around 20 billion reais ($3.4 billion) in a "worst case" scenario. Brazil's Finance Ministry and the Ministry of Mines and Energy did not immediately respond to requests for comment.

Stocks Slide as CPI Fails to Quell Economic Angst: Markets Wrap

(Bloomberg) -- Risk appetites vanished on Wall Street after the biggest burst of buying in years, with stocks falling even after subdued inflation data extended a bounce in Treasuries. The S&P 500 pared back about a quarter of Wednesday’s surge as investors braced for a potentially protracted period of global trade hostility.The burst of euphoria flipped back to unease on concern tariffs will bring lasting damage to the economy despite President Donald Trump’s surprise reprieve. While the consum

Markets boomerang as 'Trump Blink' redefines volatility

U.S. President Donald Trump's U-turn on tariffs has rained yet more volatility on markets, leaving investors skidding from stocks to safe-havens and back, and while previous crises have seen bigger moves, few have been this fast. With volatility, it's the speed of a move that can set alarm bells off. The S&P 500 soared 9.5% on Wednesday, its biggest daily gain since 2008, while Europe staged its biggest jump since March 2020 on Thursday.

1 Unstoppable Investment Strategy for Buying Bitcoin During a Market Decline

It's safe to say that Bitcoin (CRYPTO: BTC) is entering bear market territory. Wasn't 2025 supposed to be the year that Bitcoin skyrocketed in value on its way to $1 million? If you're feeling nervous about Bitcoin during a market decline, the good news is that there is a tried-and-true investment strategy that seems to be tailor-made for the current situation in the financial markets.