The U.S. dollar closed higher on Monday, October 7, as investors reassessed their expectations for interest rate cuts. The greenback gained strength against the Brazilian real and other emerging market currencies. This shift came as Treasury yields climbed in response to changing market sentiment. The spot dollar ended the day at R$5.4865, up 0.55% from […]
Related Posts
A study says Brazil needs US$200 billion to hit its 2030 climate goals
A study says Brazil needs US$200 billion to hit its 2030 climate goals. Most of this money should go to farming and energy, according to a report by consulting firm Oliver Wyman. Energy projects include wind and solar parks, better energy storage, and more efficient power use. The rest of the money will go into […]
Corinthians’ Struggle in Copa Sudamericana
On a tense Tuesday at the Diego Armando Maradona Stadium, Corinthians faced Argentinos Juniors in the third round of the Copa Sudamericana. The game ended in a 1-0 defeat for Corinthians, marking their fourth game without a victory this season and causing them to lose the top position in their group. Corinthians now sits second […]
Brazilian Senate Backs Farming and Mining on Indigenous Lands
Brazil’s Senate approved a law favoring farmers by redefining indigenous land rights to expand agriculture. The law focuses on a ‘timeframe criterion’. It allows land claims only for lands occupied since October 5, 1988, the day Brazil’s current Constitution was enacted. This means communities without proof of that date’s occupancy can face eviction. With 43 […]