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On Friday, the U.S. dollar ended its trading day higher versus the Brazilian real, marking a 1.06% weekly rise.Initially dipping to 5.345 reais, it rebounded, reflecting international currency patterns and Brazil's economic challenges.The spot dollar closed at 5.381 reais for buying and 5.382 for selling, a modest 0.28% boost. Futures
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Read more: [Brazil] - Dollar Gains Amid Global Shifts; Up 1.06% This Week
Write comment (90 Comments)In a bold move towards greener transportation options, Brazilian engineering giant WEG has coordinated with Horse.Horse is a powertrain business resulting from a Renault and Geely collaboration.This partnership heralds a substantial shift in the automotive sector, concentrating on the production of hybrid powertrain systems that promise to change
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Read more: [Brazil] - WEG and Horse Forge Path to Eco-Friendly Transport
Write comment (94 Comments)In May, Mozambique’s economy saw its quickest upturn in ten months, marking a significant stride in its journey toward sustainable growth.
This rapid expansion, driven by a surge in demand, boosted both production and employment, as detailed in Standard Bank Mozambique’s latest PMI survey.
Companies are now ramping up operations and purchasing more
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Read more: The New Wave of Mozambique’s Economic Resilience
Write comment (95 Comments)Friday’s trading saw the Ibovespa index struggle to stay positive, closing with a minor gain of 0.08% and ending at 119,662.38 points.
This increase of 94.85 points was insufficient to offset the week’s 0.91% decline, marking the fourth consecutive week of losses.
The commercial dollar rose 0.28% to R$5.38 ($1.01), while future interest rates fell
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Read more: Ibovespa Rises Slightly Amid Promises of Spending Cuts
Write comment (94 Comments)Amid rising stress and looming elections, Venezuelan President Nicolás Maduro is on a campaign to revamp his public image.Known for his authoritarian position, Maduro is shifting gears, targeting the digital landscape to appeal a more youthful demographic.From the elegant Humboldt Hotel in Caracas, he has actually pushed his team towards innovative digital
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Read more: Maduro's Media Gambit: Remodeling an Image for Votes
Write comment (91 Comments)In the bustling political landscape of São Paulo, Ricardo Mello Araújo, a former Police Military Colonel, emerges as a front-runner for the vice mayoral position.His journey is backed by significant political figures: former President Jair Bolsonaro and Governor TarcÃsio de Freitas.As the city gets ready for the October elections, the stakes are high,
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Read more: [Brazil] - Araújo in Strong Position for São Paulo's Vice Mayoral Election
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