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Azerbaijani President Ilham Aliyev re-elected in landslide
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Pelosi told Biden he’ll lose to Trump and take down House based on polls: report
The walls appear to be closing in on President Biden’s re-election campaign. Former House Speaker Nancy Pelosi, D-Calif., reportedly told President Biden in a phone call that polls are showing he cannot defeat former President Trump in November and that him staying in the race could destroy Democrats’ chances of taking the House in November. The phone […]
Dollar Stabilizes Against Real Amid Surprising US Inflation
The US dollar remained steady against the Brazilian real, closing the week almost unchanged after nearing R$5.00. This movement followed unexpected US inflation data. The dollar concluded at R$4.9675 ($0.9995), dropping slightly by 0.02%. During a week shortened by Carnival, it gained 0.16%. At Brazil’s B3, the leading dollar futures fell 0.13% to R$4.9740 ($0.999) […]
Brazil’s Foreign Investment to Drop, Central Bank Says
The Central Bank of Brazil anticipates foreign investment will drop to $65 billion this year, compared to $90.6 billion last year. They’ve revised the 2023 forecast from $75 billion to $65 billion, representing 3% of Brazil’s GDP. Inter-company loan repayments will likely decrease. The bank credits this to robust international trade earlier this year. Conversely, […]