In the financial markets, gold prices have reached unprecedented levels. This surge comes as investors seek safe-haven assets before the upcoming US presidential elections. The precious metal’s value has climbed significantly, reflecting growing economic uncertainties. The December gold futures on the Comex division of the New York Mercantile Exchange rose by 0.91%. They closed at […]
Related Posts
Vatican’s Stance on Same-Sex Blessings Faces African Resistance
Pope Francis’ decision to authorize blessings for same-sex couples has stirred a global debate within the Catholic Church. This significant yet controversial move aims to create a more inclusive church environment. However, it has faced strong opposition, particularly in Africa, where cultural and legal stances against homosexuality prevail. African bishops have openly rejected the Vatican’s […]
Fitch’s 2024 Outlook on Brazil: Fiscal Policy in Focus
Fitch Ratings has identified Brazil’s public finance sustainability and its primary fiscal target as key concerns for 2024. Todd Martinez, co-director of sovereign ratings for the Americas at Fitch, emphasized the potential negative impact on Brazil’s economy if the government loosens its fiscal discipline. Martinez pointed out Brazil’s growing debt and the absence of a […]
Record Internet Use in Brazil, Surpassing Past Years
In 2022, Brazil witnessed a significant surge in internet usage, with the IBGE reporting that 87.2% of Brazilians accessed the internet. Their survey started in 2016. However, they paused it in 2020 due to the pandemic. The survey showed that 161.6 million people in Brazil used the internet. Most of them, 93.4%, used it every […]