The US dollar retreated against the Brazilian real for the second consecutive day. Market reactions to inflation data in the United States and employment figures in Brazil drove the currency’s movement. The dollar closed at R$ 5.4361, marking a 0.16% decrease. Over the week, the US currency fell 1.54% against the real. This performance mirrored […]
Related Posts
Argentina Significantly Raises Tax-Free Threshold Before Elections
Argentina’s Senate approved a law removing income tax for individuals earning less than 1.7 million pesos ($4,930) monthly, equivalent of 15 federal minimum wages. With a 38 to 27 vote, the law effectively increases the no-tax income bracket. Economy Minister Sergio Massa, also running for president, initiated the measure. Nevertheless, the opposition coalition, ‘Juntos por […]
IMF gives green light for US$7.5 billion disbursement to Argentina
The International Monetary Fund (IMF) approved a funding of US$7.5 billion for Argentina, as announced by an Argentine Ministry of Economy representative in Washington. This approval, confirmed in an IMF statement, is part of the fifth and sixth reviews under Argentina’s debt refinancing agreement with the institution. On the same day as the announcement, Argentine […]
Death of endangered whale foal sparks debate over boat tours in Brazil’s Santa Catarina state
In Florianópolis, Santa Catarina, an endangered right whale calf was found dead on Joaquina Beach on Monday (14). The cause of death appears to be due to a likely collision with a large vessel, as indicated by extensive head injuries, as per the autopsy results released on Tuesday (15). Experts, including Dr. Marzia Antonelli and […]