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Brazil’s New Forest Revival Plan
The Brazilian government has launched a plan focusing on forest recovery and sustainable use. This initiative targets enhancing the country’s forestry sector. It also aims to create effective public policies for a forest-based economy. The Farming Ministry introduced this plan, named Sustainable Forest + Plan, which begins on December 1. Key features of the plan […]
Small Banks’ Aggressive Growth Strategies Worry Brazil’s Regulators
In Brazil’s bustling financial world, a new trend is turning heads and raising eyebrows. Smaller banks are offering Certificates of Deposit (CDs) with eye-popping interest rates, some as high as 140% of the country’s benchmark rate. This move has caught the attention of big banks, regulators, and even lawmakers. These high-yield CDs have become a […]
Guatemala’s President-Elect Calls for Legal Chiefs to Resign
Bernardo Arévalo, the next President of Guatemala, wants the country’s top legal authorities to resign. He spoke at a press conference. Arévalo accuses Attorney General Consuelo Porras, prosecutor Rafael Curruchiche, and Judge Fredy Orellana of risking democracy. Arévalo also stopped his own transition to the presidency set for January 2024. This comes after a search […]