The U.S. dollar’s value against the Brazilian real remained stable after recent U.S. inflation figures came out. Investors eagerly awaited these numbers to gauge the Federal Reserve’s next moves regarding interest rate adjustments. Closing at 4.9745 reais in the interbank market, the dollar’s minor drop of 0.01% underscored the market’s calm reaction. Similarly, on the […]
Related Posts
Sky-High Salaries: Why Brazil’s Judiciary Costs So Much More Than France’s
Brazil’s judicial system incurs significant costs, as highlighted by cases managed by Judge Maria Izabel Pena Pieranti. She handled the 2022 homicide case involving a German consul in Rio de Janeiro and revealed ties between the police, organized crime, and politicians. In November 2023, local media reported that Pieranti earned a paycheck totaling 1.1 million […]
Mexico Sees 3.3% Growth in Q3 2023
Despite high-interest rates and slowing inflation, Mexico’s economy expanded by 3.3% in the third quarter of 2023, according to INEGI. Primary activities increased 5.3%, secondary activities 4.5%, and tertiary activities 2.5%. The growth fell short of the expected 3.5% but still marked the tenth consecutive quarter of growth. Comparing quarters, the economy expanded 0.9% from […]