Brazilian oil giant Petrobras has actually agreed to settle $3.5 billion (R$ 19.8 billion) in impressive taxes with the federal government.This financial relocation comes as President Luiz Inácio Lula da Silva is pursuing additional income streams to stabilize the nation's budget.On Monday, the board of directors of the state-controlled drilling company backed
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The closing bell of the trading session saw an exhilarating surface as the Ibovespa index skyrocketed, ending the day at 120,261 points-- a noteworthy rise of 630 points, or 0.53%. This gain marks a significant moment, echoing the unpredictable climax of a closely contested football match where every relocation counts.This was the index's 2nd successive r
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Bradesco BBI has recently launched protection on Banco Inter, tagging it with an outperform status and a target price of $7.80. This tactical relocation signals an expected rise of 34% from its last closing mark.This projection underscores robust confidence in the bank's trajectory, fueled by ingenious item offerings and eager prices techniques t
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In the early months of 2024, Latin America witnessed its greatest economic optimism since 2013. The region's Economic Climate Indicator (ECI) rose to 105.7, showing strong recovery and restored financier self-confidence, according to the Getulio Vargas Foundation.Paraguay emerged as the frontrunner, with its ECI reaching an impressive 154.6. This
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Given that November 17, 2023, YPF's stock has risen 95.8% on Wall Street, increased by self-confidence under President Milei's pro-market policies.Despite strong growth, YPF's shares at $21.01 still drag their 2005 peak of $69.20 and the $26.27 high in 2018. YPF's CEO, Horacio Marín, in an interview with La Nación+, targets $60 per share by 2027 and ove
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In Latin America’s dynamic economic arena, the Chilean stock market emerges as a beacon of stability and opportunity.

Amid Brazil and Mexico’s fluctuating political and economic landscapes, Chile’s IPSA index boasts a 4.9% gain in 2024.

This stark contrast highlights the declines in regional counterparts, with Brazil’s Ibovespa and Mexico’s S

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