France’s economy teeters on a precarious edge as Moody’s downgrades its credit rating to Aa3. This move, announced on December 14, 2024, sends ripples through the financial world.

The downgrade reflects deep-seated issues in France’s fiscal management and political landscape. At the heart of the problem lies France’s swelling public deficit.

It’s p

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Category: Brazil

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The U.S. dollar broke new ground against the Brazilian real, crossing the R$ 6.20 mark for the first time. This occasion signals substantial shifts in the economic landscape, affecting both investors and everyday citizens.The dollar's rise shows broader financial uncertainties. Investors looked for haven in the U.S. currency as international stress i
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Brazil has joined the global push for fairer corporate taxation. The Chamber of Deputies recently approved a 15% minimum tax on large multinational companies’ profits.

This move targets firms with annual revenues over €750 million, affecting about 290 corporate groups in Brazil. The new measure aims to prevent tax base erosion and ensure m

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Brazilian football legend Ronaldo has actually set his sights on a new objective: leading the Brazilian Football Confederation (CBF). The former striker, known for his World Cup heroics, announced his candidateship for the upcoming CBF governmental election.Ronaldo's choice comes at an essential time for Brazilian football. The national team's current performances hav
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Syria's central bank made a vibrant move by setting a brand-new exchange rate of 12,500 pounds per dollar. This shift comes as the first major economic choice given that the rebels took control of Damascus on December 8th. The country's financial landscape shows unexpected durability. While the currency adjusts, Syria's gold reserves remain unblemished through 13
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São Paulo FC is on the brink of a significant coup in the transfer market. The club has reached an agreement with Wendell, Porto’s Brazilian left-back, who is eager to return to his homeland. This move could reshape São Paulo’s defensive lineup and boost their competitive edge.

Club president Julio Casares revealed the advanced state of

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