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Valmex, an investment fund operator, has cautioned that Mexico’s economy will face a deceleration in the near future due to monetary restrictions and a potential recession in the United States, its partner country. Valmex updated its economic forecasts and predicted a slowdown for Mexico, starting in the latter half of 2023, resulting from a downturn […]
Petrobras’s shares fell sharply on Wednesday, with a 3.8% dip in preferred shares. CEO Jean Paul Prates indicated a shift towards a cautious dividend strategy amidst renewable energy goals during a Bloomberg interview. Preferred shares fell to R$40.45 and common shares to R$41.88, ranking them among the Ibovespa’s biggest declines. The market’s anticipation of high […]
By Kate Schecter* (Opinion) The Latin American countries that share the Amazon rainforest recently met to find ways to prevent further destruction of this precious natural treasure. As a vast carbon sink, losing more to clear-cutting will exacerbate climate change. To protect this massive forest, important to the entire world, Brazil’s government seeks to build […]
