After a BRICS summit on Tuesday, August 22, discussions about the expansion of the BRICS group, which currently consists of Brazil, Russia, India, China, and South Africa, made notable progress. While a final decision wasn’t reached, it’s evident that the group’s membership might soon grow to include up to six new countries. Though Indonesia was […]
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Brazil’s Stock Market Hits Third Consecutive Record
The Ibovespa, Brazil’s main stock index, hit a new high on Tuesday, closing at 131,850.91 points. Earlier in the day, it even surpassed 132,000 points. This marks its third consecutive record day. The streak of records started last Friday. This was right after Brazil’s Chamber of Deputies approved a tax reform. The market has been […]