Your Global News Source
In May, Peru’s economy showed signs of contraction after stagnant growth, contradicting earlier predictions of a gradual recovery following intense political uncertainty. Peru’s economy shrank by 1.43% compared to the previous year, according to the national statistics agency INEI. This figure, the largest recorded since the peak of the pandemic in 2021, did not align […]
Serasa Experian reports a significant increase in Brazilian companies seeking judicial recovery in November 2023. A total of 175 firms, marking a substantial 196.6% rise from the previous year, opted for restructuring. This reflects an 8.0% increase from October, indicating a growing trend. Economist Luiz Rabi from Serasa Experian notes that the recovery sector is […]
Foreign investors have pulled out R$694 million ($138.8 million) from Brazil’s B3 stock market, continuing a 10-day withdrawal streak. This activity deepens a 2024 trend of R$24.16 billion ($4.832 billion) in net outflows, a sharp reversal from the previous year’s R$44.9 billion ($8.98 billion) inflow. This retreat is partly due to the uncertainty in the […]
The government is in ‘critical’ meetings to try to agree new policy on asylum seekers. A meeting of party leaders last night began at 9.30pm and Dutch media report that prime minister Mark Rutte wants to reach a decision by Friday, so is putting pressure on his three coalition partners. Rutte has said that he […]