The week of March 25 to 29, 2024, is packed with crucial economic updates that investors and analysts alike eagerly anticipate. These include inflation reports from Brazil and the U.S., along with employment data, all of which play a critical role in shaping the future direction of interest rates in both countries. On Tuesday, March […]
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France’s Decision Against EU-Mercosur Trade Agreement
On January 26, 2024, France’s Prime Minister Gabriel Attal declared that France would disapprove of the EU-Mercosul (Mercosur) trade deal. This announcement is a response to French farmers’ protests against the current administration’s policies under President Emmanuel Macron. The farmers, upset by increased fuel taxes affecting agriculture, have been actively protesting across France. Critics assert […]
Countries Challenge UN’s Growing Authority
The United Nations is facing pushback from multiple nations as it tries to extend its reach and decision-making power. This resistance is fueled by worries over the UN’s potential neglect of democratic values and national independence. The global community is now paying close attention to this matter. During the UN’s latest SDG Summit and 78th […]
Unemployment Rate Drops to 7.1% in Brazil, Hitting a 10-Year Low
Brazil’s unemployment rate dropped to 7.1% in the quarter ending in May, the lowest since 2014, down from 8.3% a year ago, reported the IBGE. Analysts had expected a rate of 7.3%. The number of unemployed people fell by 8.8%, or 751,000 individuals, over the quarter. Annually, this figure dropped by 13%, equating to 1.2 […]