Pivotal developments across various regions mark today’s dynamic financial landscape, each playing an integral role in the global economy. Starting in Brazil, the Central Bank’s postponement of the Economic Activity Index (IBC-Br) report, a key GDP indicator, has heightened anticipation. This delay has shifted focus to Brazil’s economic health, emphasizing its critical role in the […]
Related Posts
EU Aims for 2023 Mercosur, Mexico Trade Deals
EU Commission President Ursula von der Leyen wants to finish trade talks with Mercosur and Mexico this year. She made this clear in her State of the Union speech. “Smart trade creates good jobs and wealth,” she said. Earlier this year, the EU and Mercosur resumed their trade talks. They had reached a first-stage agreement […]
Brazil’s Economic Uncertainty Index Down in June
In June, Brazil’s Economic Uncertainty Indicator dipped slightly to 110.6 points, suggesting a temporary easing in concerns. This change was largely due to adjustments in media-driven perceptions from previous disaster-related spikes, according to FGV data. However, with a three-month moving average still on the rise, the long-term view remains cautiously pessimistic. Experts, reflecting on increased […]
Brazil’s opposition invites Lula to Venezuelan opposition leader’s hearing, sparks debate on democracy and Maduro’s regime
Brazil’s opposition has announced plans to invite former President Luiz Inácio Lula da Silva to attend a hearing in the Brazilian Congress where Venezuelan opposition leader María Corina Machado will speak. The invitation aims to provide Lula with insights into the situation in the neighboring country, as the government of Nicolás Maduro has politically disqualified […]