Venezuelan President Nicolás Maduro appointed Álex Saab as the head of the country’s international investment center on January 16, 2024. This move, reported by Bloomberg and El Universal, comes after Saab’s release from U.S. custody. He faced charges of money laundering, and in 2019, authorities accused him of bribing Venezuelan officials. Saab replaces Félix Plasencia, […]
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This Tuesday morning, the US dollar is experiencing a drop, mirroring trends in other emerging markets, as investors await news about inflation in the US. Interest rates are also going down today. This is happening before a holiday in Brazil. The stock market there will be closed tomorrow. Right now, the US dollar is worth […]
Behind the Numbers: Ibovespa’s Struggle Against Global Tides
Amid a backdrop of global economic swings, Brazil’s Ibovespa has recorded its sixth consecutive dip. Today, the index fell by 0.32% to 121,407.33 points, marking a notable downturn in a series of declines. While New York’s markets showed optimism, climbing steadily, Brazil’s primary index couldn’t catch the same upward draft. However, the Brazilian Real appreciated […]
