BlackRock, the world’s leading asset manager, has achieved an extraordinary milestone. The company now oversees $11.5 trillion in assets under management, marking its third consecutive quarter of record-breaking growth. This success stems from favorable market conditions and strategic positioning. The S&P 500 index climbed 5.4% in the third quarter of 2024, while the MSCI World […]
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Proposed restriction on civilian access to firing ranges in Brazil
Brazilian President Luiz Inacio Lula da Silva has requested Minister of Justice and Public Security, Flavio Dino, to limit civilian access to a majority of the country’s shooting clubs. This proposal marks a departure from the previous administration’s policies that promoted the proliferation of such facilities. President da Silva expressed a belief that these establishments […]
Brazil’s Lula Persists and Lobbies Hard at G20 for Billionaire Tax
Brazil, holding the G-20 presidency, sparked a worldwide dialogue with its proposal for a global minimum tax on billionaires. This plan targets severe inequalities by tapping into vast fortunes. Post talks with Benin’s President, Luiz Inácio Lula da Silva revealed a transformative proposal. He suggested that a 2% tax on the earnings of the world’s […]