Fitch Ratings reaffirmed Brazil’s credit rating at “BB” with a stable outlook, recognizing the country’s economic strengths and challenges. Brazil boasts a large and diversified economy, high per capita income, and strong external finances, which help it weather financial shocks. Additionally, the country has low foreign currency debt, which further supports its rating. Despite these […]
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Peru’s Trade Surplus Hits $17.4 Billion in 2023
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Macau’s GDP More Than Doubles in Third Quarter 2023
In the third quarter of 2023, Macau’s economy experienced remarkable growth, more than doubling compared to the same period in 2022. Official data confirms this surge. The growth rate reached 116.1%. Authorities credit this to stronger service exports. The Directorate for Statistics and Census Service (DSEC) confirms this in a report. They pinpointed the growth’s […]