This Wednesday marked a significant moment: the U.S. dollar soared to R$ 5.30, reaching its highest point in 15 months. This spike is tied to fears over Brazil’s fiscal policy, especially potential changes that could scrap taxes on certain imports under the Green Mobility and Innovation Program. The Brazilian real has steadily lost ground, depreciating […]
Related Posts
Brazil’s Household Consumption on the Rise
Brazilian households saw a 2.89% increase in consumption in October compared to the previous month, as reported by the Brazilian Association of Supermarkets (Abras). This growth also shows a 0.61% rise from October of the previous year, accumulating a 2.64% increase for the year. The data encompasses various retail formats, including cash and carry, conventional […]
A call to arms: Japan’s former PM relies on deterrence and communication in face of Taiwan Strait tensions
In Taipei, former Japanese Prime Minister Taro Aso emphasized the necessity for Japan and its collaborators to demonstrate a commitment to deterrence against potential aggression from China concerning the Taiwan Strait situation. Addressing the Ketagalan Forum, a prominent Indo-Pacific security dialogue, Aso highlighted that effective deterrence hinges on three pillars: the capability to deter, the […]