Welcome to Wednesday’s Morning Call, where we delve into pivotal developments impacting investors and the financial landscape. Today’s briefing highlights two crucial areas: Brazil’s rental inflation, measured by the General Price Market Index (IGP-M), and Noteworthy profits from companies Cosan, Hapvida, and Marfrig. Recent data reveal significant insights. On Tuesday, the stock market slightly retreated, […]
Related Posts
Brazil’s Renewable Energy Rise in 2023
In 2023, Brazil significantly increased its electric capacity by 8.4 gigawatts, with wind and solar sources contributing 90.4 percent to this growth. This update comes from the Ministry of Mines and Energy MME. Key regions like Rio Grande do Norte, Minas Gerais, and Bahía led the expansion. Each state added about 2 gigawatts. This growth […]
ELN Resumes Kidnapping Amid Faltering Peace Talks
Colombia’s ELN rebel group has resumed kidnappings, claiming the government failed to honor peace deals. The organization claims that the Colombian government failed to set up a multi-donor fund designed to aid the peace process and reintegrate former militants into society. This development complicates the peace talks between President Gustavo Petro’s administration and the ELN. […]
Blue Dollar Soars 155% in Argentina This Year Alone
The unofficial dollar in Argentina reached a peak of 880 pesos per unit, with some local exchanges selling it at 885 pesos. This rise follows new rules Argentina’s National Securities Commission CNV set to oversee currency pricing. As a result, the gap between this rate and the official U.S. dollar rate widened significantly. Specifically, the […]