On March 1, 2024, Claudia Sheinbaum began her presidential campaign in Mexico City’s Zocalo, representing the Morena party and the “Let’s Keep Making History” Coalition. She presented a comprehensive list of 100 promises as part of her “Project for the Nation.” This move echoes President Andrés Manuel López Obrador’s (AMLO) own campaign launch five years […]
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Today’s market closely follows the Central Bank’s inflation report, IBGE’s joblessness data for February, and IRB Brasil’s (IRBR3) earnings. The stock market rose yesterday, gaining 0.65% to close at 127,690.62 points. Meanwhile, the U.S. dollar fell slightly to R$4.9793 against the Brazilian real, a 0.07% decline. Before the markets opened on Wednesday, Fábio Perina from […]
Eve Air Mobility Secures Major Funding for Flying Car Factory
Eve Air Mobility, an Embraer subsidiary, has taken a significant step towards revolutionizing urban air transportation. The company recently signed a R$500 million ($89.3 million) financing agreement with Brazil’s National Development Bank (BNDES) to build an advanced electric vertical takeoff and landing (eVTOL) aircraft factory. Located in Taubaté, São Paulo, the new facility will be […]
Colombian central bank keeps interest rates constant at 13.25 percent
The Board of Directors at the Colombian Central Bank has unanimously decided to maintain the country’s interest rates at 13.25%, aligning with financial market expectations. This decision came in light of recent inflation data which showed signs of a change in the upward trend that had been evident since the start of the year. The […]
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