This week focuses on key global economic events, including Brazil's first inflation data of 2024 with the IPCA-15 index. Additionally, President Luiz Inácio Lula da Silva's recent meeting with China's Foreign Affairs Minister Wang Yi underscored Brazil's commitment to the 'One China' policy. This meeting is crucial in the lead-up to Chinese President Xi Jinping's […]
In a key meeting, Brazilian President Lula and China's Foreign Minister Wang Yi reaffirmed Brazil's 'One China' policy commitment. This policy recognizes a single Chinese state and opposes Taiwan's independence. The discussion at Fortaleza Air Base prepared for Chinese President Xi Jinping's state visit to Brazil during the G20 summit in Rio de Janeiro in […]
Following President Javier Milei’s election, Argentina’s main stock index, the S&P Merval, reached an unprecedented peak. On January 19, 2024, it soared to 1,174 billion points, a notable increase of 3.6% in its latest session. Since Milei’s victory, the index has impressively climbed by 82.1%. For five days straight, the nation’s stock market has been […]
On January 20, President Javier Milei’s government in Argentina announced significant cuts in social benefits. Over 27,000 individuals are affected, with a halt in payments totaling 2 billion pesos ($35 million). Minister Sandra Pettovello from the Human Capital Ministry indicated these cuts were due to irregularities in beneficiary registration. Issues identified include ineligible beneficiaries, like […]
The Venezuelan Confederation of Industrialists (Conindustria) forecasts a potential 10 percent growth for the industrial sector in the upcoming year, contingent on the continuation of eased U.S. sanctions against Venezuela. Luigi Pisella, the president of Conindustria, shared with local broadcaster Unión Radio that the industry is anticipating growth. “With the current scenario of eased sanctions, […]