Fourth of July weekend marred by gun violence across U.S.

IMF and World Bank Meet to Talk African Economy

The International Monetary Fund (IMF) and the World Bank kick off their Annual Meetings in Marrakech, Morocco on Monday. They return to Africa for the first time since 1973. IMF Executive Director Kristalina Giorgieva speaks at the opening. She says the world economy is stronger than last year but warns of challenges in Africa. Next, […]

Itaú Unibanco’s Impressive Q1 Surge

In Brazil’s bustling economic landscape, Itaú Unibanco stands tall, marking a stellar start to 2024. As the country’s and LatAm’s largest bank, Itaú posted a net profit of R$ 9.77 billion ($1.92 billion) for the first quarter. This amount signifies a robust 15.8% increase year-over-year and a 3.9% rise from the previous quarter. This financial […]

Brazil’s Stock Market Hits Third Consecutive Record

The Ibovespa, Brazil’s main stock index, hit a new high on Tuesday, closing at 131,850.91 points. Earlier in the day, it even surpassed 132,000 points. This marks its third consecutive record day. The streak of records started last Friday. This was right after Brazil’s Chamber of Deputies approved a tax reform. The market has been […]