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São Paulo, the economic powerhouse of Brazil, weaves a captivating tapestry of rich history, diverse culture, and vibrant modernity. The state, named after the city of São Paulo, the largest in the southern hemisphere, holds a prominent position both nationally and internationally, offering a wealth of experiences that attract tourists from every corner of the […]
Amid fluctuating market performances, the Ibovespa edged higher by 0.2%, reaching 128,200 points. Interestingly, this modest gain came despite a notable 2.84% decline in Petrobras shares following the ousting of its CEO. Such executive shake-ups, often spurred by political pressures, tend to shake investor confidence, particularly those seeking stable and liquid investments. Experts have voiced […]
Banco Unión, Bolivia’s state-owned bank, has started transacting in Chinese yuan, according to Bolivia’s Minister of Economy, Marcelo Montenegro. In addition, the government is discussing the potential implementation of a Chinese bank within the country. Due to an ongoing dollar shortage in Bolivia, the government is exploring other currencies, such as the yuan, for financial […]
