BlackRock sees a major risk in the ongoing tensions between the United States and China. According to their Investment Institute, this conflict has a high-risk score of 1.5. In contrast, the risk score for a significant terrorist act is much lower. This marks the rivalry as a critical concern for global markets. Both countries aim […]
Cryptocurrency imports in Brazil are on the rise, affecting the country's trade balance. The Central Bank of Brazil reports that these imports reached $7 billion this year until August. Interestingly, this number is close to last year's total of $7.4 billion. In August alone, Brazil imported $1.14 billion worth of cryptocurrencies. This figure represents a […]
In a time when digitalization is taking over traditional ways of living, getting a hang of online transactions is essential. We’re all hopping onto different platforms for our shopping sprees, right? So having friendly and reliable payment methods is a huge part of our experience. They don’t just make buying stuff a breeze but also […]
For the first time in its history, AC Milan surpassed a financial milestone by generating over €400 million ($432 million) in revenues. Alongside this, it reported a net profit of €6.1 million ($6.588 million). This significant financial achievement comes under the guidance of RedBird Capital. The club’s General Assembly met on June 23. They approved […]
On August 27th, a day dedicated to real estate agents in Brazil, a new social network called Buy & Rent Now (CAA) was launched. Its main goal is to elevate real estate agents in the industry. Just one month after the launch, the platform’s user base expanded by 130%, reaching over 3,300 members from various […]
(Opinion) In 2022, global deforestation increased by 4%, putting the world 21% behind the target to eliminate this environmental issue by 2030. A coalition of civil society and research organizations sounded this alarm, assessing the slow progress countries, corporations, and investors are making to restore 350 million hectares of degraded land by 2030. Preserving primary […]
Flavio Dino, Brazil's Justice Minister, announced that more National Force officers are heading to Rio de Janeiro. This decision follows a series of crimes related to Matheus Rezende's death, known as Faustão. Faustão was related to a prominent local militia leader. Dino took to social media to reveal this information. He emphasized that federal teams […]
Bitcoin is seeing a big price increase and the cryptocurrency reached $35,150, making it the highest value in 2023. Experts say this jump is partly because people think a new Bitcoin ETF will soon launch in the U.S. Right now, the price of Bitcoin is $34,702, up 13.38% in just one day, according to data […]
Market experts are skeptical about Petrobras's latest plan to modify its corporate rules. On Monday, Petrobras revealed a plan to create a capital return reserve. Yet, it left investors guessing by not providing details. Meanwhile, it stated that the existing policy for shareholder payments stays the same. Consequently, the firm's preferred shares tumbled, losing 6.16% […]
Rio de Janeiro saw an unprecedented event. On a single day, a record number of buses went up in flames. This burning of buses was in retaliation for the killing of Matheus da Silva Rezende. He was a high-ranking member of a militant group. Before this, only four buses had been set on fire in […]
Argentine Economic Minister Sergio Massa recently unveiled a new dollar rate aimed at boosting the export of goods and services. The new policy will last until November 19, which is the day of the next presidential round. The aim is to keep the foreign currency reserves stable in Argentina. In the election’s first round, Massa […]