Court proceedings for two leaders of last year’s trucker rally in Canada started this week. Named the Freedom Convoy, the group came to Ottawa in early 2022 to oppose COVID-19 vaccine rules. Three days of unrest followed. Prime Minister Justin Trudeau used special emergency powers to remove the protesters. Critics called this move excessive. Organizers […]
Related Posts
ELN Frees 26 Hostages, Advances Peace Talks with Colombian Government
The National Liberation Army (ELN) released 26 hostages since December, fulfilling a pledge to the Colombian government. This announcement came from the peace negotiation delegates on February 28. Colombia’s President Gustavo Petro, aiming for peace, had earlier provided the ELN with a list of captives in Mexico City, prompting their release across different dates. This […]
Market Forecasts Brazilian Economy to Grow Above 2% for the First Time
For the first time, Brazil’s economy is set to grow over 2% in 2024, indicating a positive economic shift, according to market participants. On April 23, 2024, the Central Bank’s Focus Bulletin reported Brazil’s GDP is expected to grow by 2.02%. This milestone shows revived market confidence in Brazil’s economic resilience and potential. However, this […]
Brazil’s Stock Appeal: Bright Yet Hinges on Fed Moves
JPMorgan strategist Emy Shayo highlights a positive view on Brazilian stocks among U.S. investors, driven by anticipation of Federal Reserve rate cuts this year. This outlook aligns with the pattern where markets with high beta values prosper as the Fed lowers interest rates. Brazil’s decreasing interest rates and low valuations enhance its attractiveness. Shayo’s recent […]