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In the second quarter of 2023, the Angolan central bank sanctioned both banking and non-banking financial institutions for various infractions, resulting in a total amount of 473.5 million kwanzas (US$575,000) in penalties. The sanctions were imposed due to actions such as providing false information to the supervisory body. The National Bank of Angola (BNA) reported […]
Oil futures ended higher last Friday, propelling Brent crude to a peak of $91 per barrel, fueled by mounting tensions in the Middle East and Eastern Europe, which threaten supply lines. The upbeat demand forecast in the United States, underscored by a report revealing job growth exceeding expectations, also supported oil prices. WTI crude for […]
In Brazil, the jobless rate dropped to 7.8% for the quarter that ended in August 2023. This marks a decrease of 0.5 percentage points from the prior quarter spanning March to May 2023. Furthermore, it’s the lowest unemployment rate observed since a 7.5% rate in February 2015. Compared to last year’s time frame, there’s a […]
