Brazil's gross debt is expected to climb to 77.7% of GDP this year, an increase from last year's 77.4%, with projections indicating a further rise to 80.2% by 2025. These figures come from the Independent Fiscal Institution (IFI), a transparency organization linked to the Federal Senate. This adjustment reflects a minor improvement in outlook compared […]
Venezuelan President Nicolás Maduro hosted Turkish Foreign Minister Hakan Fidan in Caracas, aiming to enhance their nations’ economic, political, and diplomatic ties. Maduro praised the “excellent” meeting, noting their strong friendship and productive work plan, which includes concrete agreements for mutual prosperity. Fidan’s visit, his first to Latin America and the Caribbean, highlights the significance […]
Wilsinho Fittipaldi, fondly known as Wilson Fittipaldi Junior, passed away at 80, leaving behind a legacy from his celebrated journey through three Formula 1 seasons. Wilsinho, with his brother Emerson, founded Copersucar, the sole Brazilian team in F1 history. He had been receiving medical care since December. His burial is scheduled for Sunday at São […]
This Saturday features an exciting array of football matches across various leagues, both domestically in Brazil and internationally across Europe. In Brazil’s Paulista Championship, Palmeiras looks to return to winning ways against Mirassol at Arena Barueri following a draw with Corinthians. The Carioca Championship sees Vasco face Volta Redonda while Botafogo competes against Audax-RJ. A […]
The U.S. dollar's rise against the Brazilian real, for three straight sessions, signals a broader trend. This increase, by 0.83% to R$4.9935, points to the dollar's strength against currencies from nations that export commodities. The backdrop includes notable drops in global oil prices and the Fed's potential delay in cutting interest rates until June or […]
The Ibovespa index fell on Friday, dropping beneath the 130,000-point mark. This break ended its six-day upward trend. Profit-taking and Petrobras share declines influenced this drop, along with U.S. interest rate cut concerns. The Brazilian stock market's benchmark, Ibovespa, decreased by 0.63% to 129,418.73 points. Yet, it ended the week up by 0.54%. The day […]
Tech advancements, especially in AI, have driven the S&P 500 and Dow Jones to new heights. Nvidia’s AI progress significantly fueled this climb. Tech stocks, with Nvidia at the forefront, have powered market expansion. Nvidia briefly topped a $2 trillion market value, highlighting the tech impact on financial trends. Although the Nasdaq saw a slight […]
On Friday, oil prices fell nearly 3% after a Federal Reserve official suggested interest rates might not be reduced for at least another two months. Brent crude futures went down $2.05, reaching $81.62 a barrel. Similarly, U.S. West Texas Intermediate (WTI) futures decreased by $2.12, landing at $76.49. Throughout the week, Brent's value dropped about […]