On Monday, the Ibovespa index dropped below 127,000 points, influenced by the federal government announcing a R$300 billion industrial initiative. The Ibovespa closed down 0.82% at 126,586.46 points, diverging from Wall Street’s performance. Factors such as Vale’s (VALE3) decrease and a general fall in banking stocks contributed to the downturn. President Luiz Inácio Lula da […]
Related Posts
Chile Acts Against Wildfires with Emergency Measures
Chile’s President Gabriel Boric declared a state of catastrophe in Valparaíso and Marga Marga provinces due to rampant wildfires. This urgent declaration came as the fires claimed 10 to 16 lives and damaged over a thousand homes. The government appointed Daniel Muñoz, a seasoned naval officer, as National Defense Chief for the response, effective February […]