China’s manufacturing industry rebounded in October 2024, signaling a potential turnaround for the world’s second-largest economy. The Caixin/S&P Global Manufacturing Purchasing Managers’ Index (PMI) rose to 50.3 from 49.3 in September, surpassing analysts’ expectations of 49.7. A reading above 50 indicates expansion in the sector. The official manufacturing PMI, released by the National Bureau of […]
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Brazil Clamps Down on PCC’s Money Laundering Maze
On Tuesday, Brazil’s IRS, the Receita Federal, launched 21 audits against those linked to laundering money for the PCC. Known as Brazil’s major crime syndicate, the PCC engages in drug trafficking, arms smuggling, and financial crimes. This operation, named End of the Line (Fim da Linha), investigates the illegal flow of funds through bus companies […]
