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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 […]
Brazil’s Congress overturned President Luiz Inácio Lula da Silva’s veto on a bill limiting Indigenous land claims. This pivotal move challenges the president’s efforts to protect Indigenous rights. The veto, initially imposed by President Lula, sought to safeguard land claims for Indigenous people living on these lands since 1988. This decision now faces scrutiny by […]
The Ibovespa index started the day strong but ended with a significant decline. It fell by 0.58%, closing at 123,779.54 points, losing over 700 points. Meanwhile, the commercial dollar decreased by 0.35%, settling at R$5.154 for buying and R$5.153 for selling. The first maturing dollar futures contract on B3 dropped 0.26%, ending at 5,160 points […]
