Brazil - TheIndianSubcontinent

On February 7, 2025, Bitcoin opened at $97,000, revealing a slight decrease from the previous day's close with a 24-hour modification of -0.04%. The cryptocurrency market was busy, with Bitcoin's trading volumes exceeding $22 billion, signifying high market participation.Amidst this, BlackRock's iShares Bitcoin Trust (IBIT) experienced a significant $

Details: Category: Brazil; Published: 07 February 2025

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The Brazilian Development Bank (BNDES) has actually substantially moved its financial investment focus, now favoring industry over agriculture, a trend hidden because 2016. In 2024, BNDES approved R$ 64.17 billion (10.69 billion) for capital items, marking a 7% boost from the previous year's R$ 60.15 billion ($10.03 billion). This surge in funding, especially the

Details: Category: Brazil; Published: 06 February 2025

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The Central Bank of Brazil reveals that January 2025 witnessed a currency outflow of $6.7 billion, the second most severe for any January since 1982. This significant capital flight breaks down into a $2.137 billion commercial deficit and a $4.562 billion financial deficit.

Despite this, the Brazilian Real has surprisingly strengthened against the

Details: Category: Brazil; Published: 06 February 2025

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Reforms S&P Global Ratings revealed on February 5, 2025, that it has actually reaffirmed Argentina's long-lasting foreign currency credit rating at CCC with a steady outlook.Despite the current fiscal enhancements under President Javier Milei, the firm points to relentless weaknesses in public finances. Milei's administration has presented market-oriented r

Details: Category: Brazil; Published: 06 February 2025

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A surge in U.S. gold demand has significantly impacted London’s gold lending market. Prices have risen over 8% this year due to fears of a global trade war.

Gold stocks in New York’s Comex have increased by 88% since November’s election, leading to a scarcity in London. Traders are rushing to secure gold before potential U.S. tariffs materialize.

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Details: Category: Brazil; Published: 06 February 2025

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The National Institute of Statistics reports that Uruguay's inflation rate was up to 5.05% in January 2025. This figure marks a decrease from December's 5.49% and January 2024's 5.09%. The Consumer Price Index has now stayed within the Central Bank's 3-6% target for 20 months directly. This stability shows a substantial achievement under President L