Unidas, Brazil’s third-largest car rental firm, is planning an initial public offering (IPO) to boost its financial power. CEO Cláudio Zattar highlighted this strategic move to local media, focusing on growth amid high vehicle prices. Despite fleet renewal challenges, the company projects a 10% revenue increase in 2024. This decision aligns with the continuous expansion […]
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Brazil is preparing for significant diplomatic engagements as it hosts the Group of 20 (G20) summit in Rio de Janeiro next month. President Luiz Inácio Lula da Silva will welcome Chinese President Xi Jinping for an official state visit immediately following the summit. This visit highlights the growing ties between Brazil and China, especially in […]

Argentine parallel dollar reaches record high
In Argentina, the parallel dollar value has reached a record high of 525 pesos per unit for public sale. It has been steadily climbing, surpassing 500 pesos per unit on July 12, with the trend persisting. This increase occurs in anticipation of the country’s elections on August 13. The parallel “blue dollar” has an 87% […]