The left-wing candidate Luiz Inácio Lula da Silva (50.88%) won by a narrow margin over his rival and current Brazilian president, Jair Bolsonaro (49.12%) with 99.63% counted and thus strengthens the options of comeback after a start of the count in which Bolsonaro was ahead.
Lula da Silva was…
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Brazil has shown three months of deflation
The National Consumer Price Index of Brazil registered in September a monthly setback of 0.29 %, being the third consecutive month in which prices contract in the largest Latin American economy, according to data published by the Brazilian…
Ecuadorians from Independiente del Valle won the Copa Sudamericana
Independiente del Valle repeats history in South American football by lifting its second Copa Sudamericana title and beating São Paulo 2-0. They were far superior on the field, leaving their rival without options and became the Ecuadorian…
Metamask wallet allows buying cryptos with official currency of Brazil
The main provider of crypto wallets, Metamask, announced a series of facilities in the Brazilian environment, with the incorporation of the local payment system Pix, which will allow the purchase of cryptocurrencies with the real, the…
Telefónica invests almost three million dollars in the Brazilian fintech Klavi
Telefónica will invest three million dollars (2.9 million euros at the exchange rate) in the Brazilian 'fintech' Klavi through its investment fund in the country Vivo Ventures, as announced on Thursday by the Brazilian subsidiary of…
Mercado Libre will bring its crypto service to Latin America
Mercado Libre recently announced that it is working on expanding its cryptocurrency buying and selling service in Latin America.
After starting the pilot program in Brazil, the company announced that it is ready to expand it to its more…
Telefónica will close the first investments of its Brazilian fund
The telecommunications multinational Telefónica expects to make its first investments from Vivo Ventures in the coming months, a fund created by the company in Brazil of 320 million reais, equivalent to 60.4 million euros, with the purpose…
CAF approves seven loans for the economic recovery of Latin America
CAF approved the disbursement of 1,650 million dollars corresponding to seven loans destined to support the economic development of Latin America and the Caribbean, with Argentina, Brazil, Paraguay, Peru and Trinidad and Tobago as…
Nubank shows rapid growth in Mexico
In a recent interview, the CEO of Nubank Mexico, David Vélez, indicated that the Latin American fintech has achieved notable growth in a year and a half, with 2.1 million clients. This is equivalent to 2.2% of the adult population of the…
Brazil finally exceeds one million tourists
Brazil exceeded the mark of one million foreign visitors in the first five months of 2022, according to data published by the International Traffic System (STI) of the country's Federal Police.
This figure demonstrates the reactivation of…
Binance resumes local currency deposits in Brazil
The Binance exchange recently announced that it will resume deposits of Brazilian reals, after having suspended the service on June 17.
The company will be able to do this again thanks to the participation of the Brazilian Pix payment…
5G technology will boost the development of Latin America
The director of Strategy and Marketing at Huawei Latin America, Saldaña Otero, affirmed that the use of 5G technology will take off the development of the region.
Clear examples of this are Brazil and Mexico, which have so far made…