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Italy prepares to make headlines by getting rid of the Schengen visa requirement for Dominican Republic citizens.Following talks with Italy's President Sergio Mattarella, President Luis Abinader revealed a significant policy shift, strengthening stronger bilateral ties.Portugal and Spain support this choice, aiming to foster closer relations between Europe and
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- Category: Brazil
Read more: Entrance Unlocked: Italy's Move to Ease Travel for Dominicans
Write comment (100 Comments)Morgan Stanley has spotlighted Brazilian shopping centers, recommending investors watch Iguatemi (IGTI11) and Allos (ALOS3) closely.
Both companies show big potential, with expectations for solid returns and growth.
Iguatemi stands out due to its strong track record in strategic projects over the last decade.
Morgan Stanley set a price target of R$31
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- Category: Brazil
Read more: Morgan Stanley Backs Brazilian Malls: Iguatemi and Allos Shine
Write comment (93 Comments)June opened with the U.S. dollar area rate softening, continuing a May boost of 1.12%. Influencing this drop were prepared for U.S. interest rate cuts and electoral lead to Mexico.The day saw the dollar decrease by 0.30%, with buying rates at 5.233 reais and selling at 5.234. Futures on the B3 dipped a little by 0.09%, closing at
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Read more: [Brazil] - Dollar Dips as Global Events Stir Currency Markets
Write comment (93 Comments)Brazil's judicial system incurs significant expenses, as highlighted by cases handled by Judge Maria Izabel Pena Pieranti.She dealt with the 2022 homicide case including a German consul in Rio de Janeiro and exposed ties in between the authorities, arranged criminal offense, and politicians.In November 2023, local media reported that Pieranti made an income totaling
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Read more: [Brazil] - Sky-High Salaries: Why Brazil's Judiciary Costs So Much More Than France's
Write comment (98 Comments)The Ibovespa stock index wavered at the start of June, eventually closing the day with a marginal 0.05% drop, ending at 122,031.58 points—a 66-point decrease.
This slight dip reflects a broader trend of concern, marking the fourth consecutive fall after May’s disheartening 3.04% decline.
With a cumulative yearly loss now totaling 9.06%, investors
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Read more: Ibovespa Starts June with a Slight Decline, Led by Vale
Write comment (96 Comments)In 2024, dividend payments are on track to hit record highs. Through May, shareholders have received a total of R$ 128.83 billion ($24.54 billion).
This marks a significant 31% surge compared to the same period in both 2022 and 2023.
Data from the Meu Dividendo platform reveals that in 2022 and 2023, figures stood at R$ 98.35 billion ($18.73
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Read more: Comgás Outperforms Petrobras in Per-Share Dividend Payout
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