In 2023, foreign direct investment (FDI) in Brazil’s production sector plummeted by 40%. Reports from the Central Bank highlight a decrease from last year’s $68.8 billion to $41.6 billion. This downturn is significant, marking the second-lowest FDI in 14 years. It only outstrips the low of $31.2 billion recorded in 2020, during the COVID-19 pandemic’s […]
Related Posts
FIFA’s New Global Club Tournament Set for 2025
FIFA is launching a new Global Club Tournament in 2025 in the United States, featuring 32 teams from different continents. Scheduled from June 15 to July 13, the tournament aligns with the end of the European season and mid-season in Brazil and South America. Brazil’s Palmeiras, Flamengo, and Fluminense have already qualified, having won the […]
Brazil considers appeal to World Trade Organization against EU regulation on deforestation-free products
Brazil is contemplating an appeal to the World Trade Organization (WTO) against the European Union (EU) Regulation for Deforestation-Free Products, expected to take effect in December 2024. The regulation has faced criticism from various Brazilian governmental sectors due to its expected impact on 34% of Brazilian exports to the EU. They argue the law has […]
Bitcoin Rebounds Alongside Wall Street, Trimming Weekly Losses
Following a sluggish start to the day, Bitcoin (BTC) witnessed a notable recovery, turning positive by Wednesday afternoon. From an early low of $60,900, the cryptocurrency soared to approximately $67,300 by 17:50. The rise mirrored Wall Street’s uptick, with major stock indices closing higher and setting new records. This was influenced by the Federal Reserve’s […]