The Brazilian Institute of Geography and Statistics (IBGE) recently reported varying inflation rates. The 12-month Broad Consumer Price Index-15 (IPCA-15) revealed a low of 3.61% in Rio de Janeiro and a high of 6.16% in the Federal District. On average, the nation saw a 5% increase in prices. IBGE tracks inflation in nine city regions […]
Related Posts

Over 77,000 customers’ personal information is exposed in Fidelity Investments data breach
Fidelity Investments is the latest American company to be hit by a massive data breach. The company is one of the world’s largest asset managers, yet it still can’t get its cybersecurity infrastructure together. This incident marks the firm’s second breach in 12 months, occurring in August. While no Fidelity accounts were compromised, personal information […]
Peru struggles with recovery and lowers 2023 GDP growth forecast to 1.1%
Peru struggles with recovery and lowers 2023 GDP growth forecast to 1.1%. However, the government stated that the country is striving to regain the rapid growth that made its economy stand out in emerging markets this century. “The economy’s growth capacity has declined in the past 12-13 years, and the pandemic accelerated this slower growth […]
Chile’s Economic Watchdog Approves América Móvil’s Takeover of ClaroVTR
Chile’s National Economic Prosecutor’s Office (FNE) has given the green light to América Móvil’s takeover of ClaroVTR. The FNE concluded that the acquisition would not significantly reduce market competition. The regulatory body approved the merger in Phase 1, ending the investigation that began last August. This decision allows the Mexican company to acquire Liberty Latin […]