The Ibovespa index closed down for the sixth straight session, falling 0.34% to 124,305.57 points. This marked a nearly 3% decline for the week, the worst performance since March 2023. The last full week of losses was in early September 2023, a shorter week due to Brazil’s Independence Day. Adding to the market woes, the […]
Related Posts
Brazil-U.S. High-Level Talks Scheduled Next Week
Next week, President Luiz Inácio Lula da Silva of Brazil will host U.S. Secretary of State Antony Blinken in Brasília. The U.S. confirmed this meeting, set to discuss crucial bilateral and global matters, on February 16, 2024. While specific details are pending, their conversation is part of Blinken’s broader visit to South America, including stops […]

Mexico’s inflation slows; central bank maintains restrictive stance
During the first half of July 2023, inflation in Mexico showed a slowdown, indicated by the National Consumer Price Index (NCPI)’s biweekly variation of 0.29%. As a result, the annual headline inflation rate stood at 4.79%, marking the lowest figure since March 2021, as reported by Inegi. This rate is slightly above the anticipated market […]