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Brazil’s Top 40 Most Valuable Football Clubs Announced
A recent study by Sports Value has appraised the top 40 football clubs in Brazil at a combined R$ 34.4 billion ($7.02 billion). Flamengo and Palmeiras lead as the country’s most valuable clubs, jointly accounting for R$ 8 billion ($1.63 billion). This valuation, as per Sports Value, factors in club assets, market potential, fan base […]
Milei Leads Argentina Away from BRICS
Argentina’s President Javier Milei has formally notified BRICS leaders of Argentina’s withdrawal from the bloc’s membership. This move, detailed in a letter to Brazil’s President Lula, marks a significant policy shift. Milei’s foreign policy starkly contrasts with his predecessor, Alberto Fernández, who favored joining BRICS by January 2024. Now, Milei plans to reassess and possibly […]
Brazil’s Economic Ranking to Drop Then Climb Through 2028
The International Monetary Fund released new projections showing Brazil’s changing position among world economies. Brazil will drop to tenth place globally in 2024, despite stronger economic growth than initially expected. Brazil’s economy will grow by 3% in 2024, surpassing earlier predictions of 2.1%. The stronger US dollar, which gained 17% against the Brazilian real, affects […]