The Brazilian stock market faced turbulence as shares of Petrobras plunged, dragging down the Ibovespa, despite favorable economic news from the United States. This market upheaval followed the unexpected replacement of Petrobras President Jean Paul Prates with Magda Chambriard, the former head of the National Agency of Petroleum, Natural Gas, and Biofuels (ANP). Petrobras’s shares […]
Related Posts
Decoding Brazil’s Selic Shift: A Peek into 2024’s Financial Crystal Ball
Brazil’s Central Bank has just thrown a curveball by nudging its benchmark interest rate, the Selic, to an anticipated 10.25% for 2024. Initially, it seems a modest hike from 10%, yet it’s actually a signal of a 0.25 percentage point drop from today’s numbers. Such tweaks might seem minute, but they ripple across the economy, […]
Behind the pharma giant: revealing Pfizer’s questionable ethics and legal battles
By Dr. Sam Bailey and the Health Freedom Defense Fund Pfizer, a globally recognized pharmaceutical titan, has an impressive track record of developing key medications. However, beneath these accomplishments lurks a murkier reality, marked by legal battles hinting at questionable business ethics and corruption. In 2009, Pfizer was slapped with a hefty fine of US$2.3 […]
Boakai’s Victory Marks New Era in Liberian Politics
Joseph Boakai won Liberia’s presidential election, narrowly defeating incumbent George Weah. Boakai received 50.64% of the votes, a slim margin of 20,567 votes over Weah’s 49.36%. Weah’s peaceful concession to defeat marked a significant moment for the region, often plagued by coups. ECOWAS praised Liberia for its commitment to democracy. Yet, the joy was tainted […]