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Market Jitters: Ibovespa’s Third Consecutive Week of Losses
This week, Ibovespa dropped by 0.74% to 126,741 points, continuing its downward trend for the third week by losing 0.26%. The dollar reached R$5 but ended at R$4.99, up by 0.22%. Interest rates also saw a rise, mostly staying above 10%. Guide Investments highlighted that market volatility might continue until the Federal Reserve’s interest rate […]
Kenya and Namibia’s Grey Listing: A Call for Financial Integrity
In February 2024, FATF gray-listed Kenya and Namibia due to anti-money laundering and counter-terrorist financing concerns. This development is critical, as both countries aim to establish themselves as secure, investment-friendly environments within Africa. Kenya and Namibia’s presence on the gray list acknowledges strategic AML/CTF deficiencies in both countries. They must now act swiftly to address […]
Florida’s progressive abortion amendment fails following DeSantis push against ‘bait and switch’ legislation
Abortion on the ballot has been seen as a sticking point for Republicans since the overturning of Roe V Wade, but a major amendment in Florida failed after voters voted “No” on the progressive legislation. The measure needed a 60 percent supermajority to pass, the highest threshold in the country. It failed after 43% voted “No” […]