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Iranian ‘nuclear energy mountain’ is ‘fully safe’ after Israeli strike: state media
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Economic Outlook: Latin America’s Monetary Policy and Inflation Trends
The week of November 4-8, 2024, brings a focus on monetary policy decisions and inflation data across Latin America. Central banks in Brazil and Peru will review their benchmark rates. Meanwhile, Chile, Colombia, and Mexico will release inflation figures. Brazil: Potential Rate Hike Amid Inflation Concerns Brazil’s central bank may accelerate its monetary tightening pace. […]
Special Counsel calls Biden ‘sympathetic, well-meaning, elderly man with a poor memory,’ brings no charges
Special Counsel Robert Hur described President Biden as a “sympathetic, well-meaning, elderly man with a poor memory,” and said he would bring no criminal charges against the president after a months-long investigation into his improper retention of classified documents related to national security. Hur’s report was made public Thursday afternoon. Hur has been investigating Biden’s […]
Brazil’s Selic cut to 13.25%: Corporate interest rates remain at 20% despite central bank move
The Central Bank has cut the Selic, Brazil’s key interest rate, to 13.25% annually after almost a year without changes. Despite this reduction, corporate loans are likely to continue to have interest rates around 20%. According to the monetary and credit statistics released by the authority for June 2023, the average interest rate for legal […]