Brazil’s Justice and Public Security Minister, Flávio Dino, revealed plans to change the country’s terrorism law. The goal is to include criminal gangs under its scope. The change aims to weaken these organizations financially through stricter sanctions. This proposed change follows a wave of violence in Rio de Janeiro. There, criminal gangs set fire to […]
Related Posts
Mexico’s Public Debt Burden Reaches New Heights: A Record-Breaking Financial Cost
Mexico’s public debt has reached an unprecedented financial cost in recent months. From January to August 2024, the government spent 722,746 million pesos (approximately $129 billion) on debt servicing. This amount translates to a monthly average of 90,340 million pesos ($16 billion). The financial cost of Mexico’s public debt has grown by 4.0% compared to […]
Tecnisa Faces Q1 Loss as Localiza and Caixa Seguridade Report Strong Gains
In the first quarter of 2024, Tecnisa (TCSA3) posted a significant net loss of R$20.7 million ($4.06 million). This marked a drastic drop from the prior year’s R$4.1 million ($0.80 million) profit. Changes in revenue recognition and rising expenses led to a significant downturn. The adjusted EBITDA, at R$4.3 million ($0.84 million), fell by 83.1% […]