Amid a backdrop of global economic swings, Brazil’s Ibovespa has recorded its sixth consecutive dip. Today, the index fell by 0.32% to 121,407.33 points, marking a notable downturn in a series of declines. While New York’s markets showed optimism, climbing steadily, Brazil’s primary index couldn’t catch the same upward draft. However, the Brazilian Real appreciated […]
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(Opinion) Brazilian consumers’ growing concerns reflect deeper underlying economic problems. The Getulio Vargas Foundation’s Brazilian Institute of Economics (FGV Ibre) confirms this. October saw consumer confidence drop for the first time in four months. It’s at its lowest since June. Consumer confidence is a key indicator of economic health. Its decline suggests less spending, especially […]
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