As the Brazilian real remained nearly unchanged for two consecutive sessions, investors closely monitored the Central Bank of Brazil’s upcoming decision on the selic rate. This pivotal moment, slated for Wednesday, kept market participants on edge as they speculated about the potential magnitude of the interest rate cut. This cautious atmosphere was shaped by recent […]
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Italian Prime Minister announces privatization plans for public television and oldest bank
Italy’s Prime Minister, Giorgia Meloni, has declared plans to privatize the country’s Public Television (RAI) and sell Banca Monte dei Paschi, the oldest bank in Italy. The restructuring of RAI is intended to transition it from a centralized system to one that is merit-based and serves the public interest. Meloni intends to reduce the political […]
Racing Crushes Athletico-PR’s Dreams in Copa Sudamericana Quarterfinals
Racing Club delivered a stunning performance against Athletico-PR in the Copa Sudamericana quarterfinals. The Argentine team secured a 4-1 victory at Estadio Presidente Perón, advancing to the semifinals with a 4-2 aggregate score. Athletico-PR’s journey in the continental tournament came to an abrupt end. Racing’s dominant display showcased their prowess and determination to progress in […]
Nigeria Targets Deepwater Investment with Oil Block Auction
Nigeria announces its plan to auction new offshore oil blocks this year, aiming to attract deepwater investments. This marks the country’s second such auction within two years. The initiative is part of efforts to overcome challenges like crude oil theft and pipeline sabotage that have hampered production. These issues have led significant players such as […]