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Dollar Dips to R$ 5.43 as US Inflation Cools and Brazilian Job Market Strengthens
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 […]
Lawmakers demand answers from Army over squalid barracks conditions, scant progress since damning report
As Americans celebrate freedom nationwide on July 4, some of those charged with preserving that liberty are still living in squalor months after a damning Government Accountability Office report exposed some of the worst conditions, several lawmakers said in a letter to Army brass. A dozen lawmakers demanded the military branch take swifter action at […]
Fitch has upgraded long-term ratings of four Brazilian states and two cities
Fitch Ratings has upgraded the long-term national ratings of four Brazilian states and two cities, with a stable outlook. The ratings were upgraded from AA(bra) to AAA(bra), the highest level on the national scale. The regions affected by the risk rating adjustment include: the State of São Paulo; the State of Alagoas; the State of […]