On Tuesday, Brazilian Defense Secretary José Múcio revealed that 2023 defense exports had reached $1.1 billion. This marks a 60% increase over last year’s total. Additionally, Múcio mentioned a new funding package to invest R$53 ($10.7) billion in critical technology. This initiative, announced by President Lula, aims to boost national sovereignty. Lastly, he clarified that […]
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Week’s Focus: Chinese Rate Cuts and US Financial Merger
After a US holiday, global markets are back with a cautious outlook, partly due to China’s efforts to support its struggling real estate sector. This week’s spotlight includes the US Leading Indicators Index and non-manufacturing activity, plus European construction and car registrations. These will help assess the real economy’s response to current high interest rates. […]