Brazil - TheIndianSubcontinent

The European Central Bank (ECB) revealed a EUR9 (US$ 10) billion surplus in the eurozone's bank account for May, a considerable rise compared to April's EUR4 billion.The upturn contrasts starkly with a deficit of EUR14 billion in the previous year, primarily due to increasing energy import costs.May's data exposed a EUR23 billion surplus in goods, con

Details: Category: Brazil; Published: 20 July 2023

Write comment (92 Comments)

As Mexico and the U.S. face changing monetary policies, the Mexican peso could face brand-new targets in reaction to anticipated modifications from the Federal Reserve.Market experts suggest that the peso may enhance to MXN$ 16.42 per dollar in the short-term prior to experiencing resistance levels and settling in between MXN$ 16.50 and MXN$ 16.65

Details: Category: Brazil; Published: 20 July 2023

Write comment (99 Comments)

Mubadala, UAE state-owned holding company that acts as a sovereign wealth fund, has actually lodged a problem versus Petrobras with the Administrative Council for Economic Defense (Cade). The grievance relates to declared high prices of oil sold by the Brazilian oil corporation.The Mataripe refinery, owned by Mubadala, argues that Petrobras is charging

Details: Category: Brazil; Published: 17 July 2023

Write comment (97 Comments)

The most recent Focus Report recommends a 2.24% increase in the Brazilian GDP (Gross Domestic Product) for the year 2023, up 0.05 percentage point from recently's forecast.After a constant eight-week rise, the GDP development projection supported recently at 2.19%. Inflation rates for 2023 are projected to remain at 4.95%, stopping a consecutive

Details: Category: Brazil; Published: 17 July 2023

Write comment (98 Comments)

A current structure collapse in Paulista, Pernambuco state, has actually accentuated the substantial number of structurally unsound structures in Greater Recife.These buildings, typically described as coffin structures due to their unsupported wall structure, ended up being prevalent in the 1970s and have actually been susceptible to collapse in recent years.A 2007-2008

Details: Category: Brazil; Published: 17 July 2023

Write comment (95 Comments)

During the opening session of the European Union-Latin America Business Forum in Brussels, Belgium, Brazil's President Luiz InÃ¡cio Lula da Silva confirmed Brazil's commitment to the trade agreement between Mercosur and the EU.The dedication consists of adherence to ecological conservation, a considerable requirement from the EU.Lula stressed the