On Thursday, buoyed by Petrobras shares climbing over 3% amid rising oil prices, the Ibovespa index closed with a 0.28% gain, reaching 128,168 points. Vale shares, pressured by the government’s move to appoint former Finance Minister Guido Mantega as president, dragged down the index. The trading session was marked by lower liquidity, coinciding with São […]
Related Posts
Financial Inclusion Rises, Thanks to Latin America and Southeast Asia
Global financial inclusion witnessed significant growth last year, according to a study sponsored by the U.S. company, Principal Financial Group. Released on Tuesday, the Global Financial Inclusion Index showed an overall score of 47.3 out of 100. This increase, a boost of 5.6 points, came largely from Latin America and Southeast Asia. Financial inclusion refers […]
January 2024 Sees Chile’s Highest Ever Fruit Export Value
According to government data, Chile achieved a new record in January 2024, exporting $2.122 billion worth of fresh fruits. The report marks a significant milestone, showing an increase in trade for the first time in over a year. Fruits like cherries, blueberries, grapes, peaches, and nectarines contributed to this success. The food sector reached its […]
China’s Desperate Bid to Revive Economy: Massive Debt Issuance and Stimulus Measures
Since August 2024, China has introduced a series of increasingly urgent measures to rejuvenate its struggling economy. The government’s most recent initiative involves issuing an extraordinary 2.3 trillion yuan ($330 billion) in special bonds over the next three months. This marks China’s largest stimulus effort since the 2008 global financial crisis. The People’s Bank of […]