Brazil - TheIndianSubcontinent

Previous Brazilian President Jair Bolsonaro specified that he has not identified an appropriate follower to change him after being disqualified for eight years.He emphasized that no one in the nation has the certifications to reproduce his achievements during his four-year tenure.Bolsonaro declared credit for assisting in the increase of specific leaders,

Details: Category: Brazil; Published: 04 July 2023

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Peru's Private Investment Promotion Agency (ProInversion) has actually assigned more than US$ 1 billion to six Public-Private Partnership (PPP) and Asset Projects in the very first half of 2023, according to a report by the agency.The financial investment goes beyond the US$ 656 million committed in between 2019 and 2022, indicating a restored confidence from regional and

Details: Category: Brazil; Published: 04 July 2023

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In Brazil, 1,331,940 business were opened in between January and April this year. Typically, opening a company in the first four months of the year took one day and six hours.Moreover, the overall variety of openings was 21.8% higher than in the previous four-month period and 1.6% lower than in 2022. According to the Ministry of Development, Industry,

Details: Category: Brazil; Published: 03 July 2023

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Brazil's financial market has revised its estimate for the basic interest rate, Selic, at the end of 2023, reducing it from 12.25% to 12% per year.

The estimate for 2024 remains unchanged at 9.5%. This update was published in the latest Focus Bulletin by the Central Bank (BC) on July 3, 2023.

The revision follows the announcement made by the

Details: Category: Brazil; Published: 03 July 2023

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Brazilian startup BBChain has partnered with innovation giant Microsoft to create a virtual environment for mimicing operations with Brazil's reserve bank digital currency (CBDC) task, referred to as Real Digital.The platform, hosted on Microsoft Azure, aims to allow business to test items and potential organization models associated with the CBDC.The

Details: Category: Brazil; Published: 03 July 2023

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The approaching week in Brazilian politics will be busy with significant votes in Congress, particularly in the Chamber of Deputies.President Luiz InÃ¡cio Lula da Silva has three concern jobs on the agenda: renewing the casting vote in the Tax Appeals Administration Council (Carf), carrying out a new financial rule, and pushing for tax reform.Th