Today, the Brazilian Institute of Geography and Statistics (IBGE) revealed June’s IPCA-15 inflation at 0.39%. This represented a modest slowdown from May’s 0.44%. The previous June showed a notably smaller increase of 0.04%. The IPCA-15 is a preliminary inflation indicator in Brazil that provides early insights into price trends. Over the past year, this indicator […]
Related Posts
Oil’s Climb Toward $100: Global Tensions and Supply Cuts Fuel the Rise
(Analysis) Tensions between Israel and Iran, alongside global supply disruptions, are driving oil prices toward the $100 mark. Mexico’s decision to slash crude exports is tightening the global oil market, forcing U.S. refineries to tap more into domestic reserves. U.S. sanctions on Russia, along with potential actions against Venezuela, are causing delays in oil supply. […]
Argentina’s Parallel Dollar Dips to 2024 Low
Yesterday in Argentina, the parallel dollar fell by 20 pesos, a 2 percent drop that took it below 1,000 pesos for the first time in 2024. Called the ‘blue dollar’, it hit 990 pesos at close, marking a 40-peso drop from early March. Such a decrease narrows the gap to its smallest since December 2019. […]
Mexico’s Historic Election: The Countdown to Change
Mexico’s presidential candidates have concluded their campaigns, eagerly awaiting the June 2 election. This pivotal election, the largest in Mexican history, will involve nearly 100 million voters. These voters will choose from over 20,000 candidates for local, state, and federal positions. Claudia Sheinbaum, leading the polls, could become Mexico’s first female president. She ended her […]