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This week, lawmakers are back in Brasília. The return of politicians to the federal capital is likely to speed up negotiations for government positions and there are expectations that President Luís Inácio Lula da Silva might announce new ministers. The government also anticipates progress in discussions for approval of the fiscal framework, which was sent […]
On Wednesday, Bitcoin’s value surged past the $51,000 barrier, hitting its peak since December 2021. CoinGecko reports a 3.8% rise in the last day, summing up to a 20% increase over the week. The surge pushed Bitcoin’s value over $1 trillion, boosting investor interest and Ether’s value by 16% to $2,754. João Galhardo from Mynt, […]
The industry trade group increased its projection for Brazil’s 2023 GDP growth from 1.2% in April to 2.1% in June, attributing this uptick to a strong agricultural sector. The National Confederation of Industry (CNI) suggests that Brazil’s economy, the largest in Latin America, will grow 2.1% this year, spurred by a projected 13.8% expansion in […]
Cattle smuggling from Argentina into Brazil’s Paraná, Santa Catarina, and Rio Grande do Sul is on the rise. The Brazilian Federal Police report more illegal cattle crossing the border. Despite higher prices in Argentina, smuggling has increased. This issue affects livestock quality, especially European breeds. These activities threaten Brazil’s meat market, the world’s top exporter. […]