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In the first half of the year, foreign tourist spending in Brazil brought in US$3.229 billion (equivalent to R$15.3 billion), a figure 7.2% higher than the US$3.075 billion recorded over the same period in 2019, the last pre-pandemic year. According to the Central Bank’s data, which has been collected since 1995, there’s a noticeable rebound […]
Today’s economic agenda features several key events that could significantly impact Brazil’s financial markets and economic outlook. The IBGE will release the Monthly Retail Survey for August at 9:00 AM, providing insights into consumer spending trends and overall economic activity. At 10:00 AM, CNI will publish the Industrial Entrepreneur Confidence Index (ICEI) for October, offering […]
Mexico’s government, led by President Andrés Manuel López Obrador, announced plans for a pivotal reform in the electric sector on February 1st. This move aims to enhance the national electric industry by proposing a constitutional amendment. The goal is to restore the Federal Electricity Commission’s (CFE) former status, reminiscent of the era of President Adolfo […]
