Brazil is actively pursuing regulations to hold major tech companies accountable for their platforms’ content. This effort is led by Alexandre de Moraes, President of Brazil’s Superior Electoral Court (TSE), known for his activist stance and contentious measures. Moraes has been criticized by prominent journalists for allegedly censoring conservative voices, highlighting the complexities of his […]
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Brazil’s Economic Index Drops in Q3
Brazil’s Central Bank reported a 0.64% decline in the IBC-Br, a preliminary GDP measure, in the third quarter of 2023. This decrease was announced on November 17, 2023, compared to the previous quarter. In September, the index fell by 0.06%, not meeting the financial analysts’ expectation of a 0.20% rise. This downturn marks the second […]
Brazil’s B3 stock market drops by 1.04% while the dollar rises by 0.75% after Copom minutes release
At 11:20 am on this Tuesday, the Ibovespa, the main index of B3 (São Paulo Stock Exchange), recorded a decrease of 1.04%, standing at 118,153.03 points. It hit its lowest at a 1.58% drop (117,492 points). Meanwhile, the commercial dollar increased by 0.75%, valued at R$ 4.93. This change comes on the morning when the […]
