The initiative of the ILO Global Coalition for Social Justice was the focus of the meeting between the organization's director general, Gilbert Houngbo, and the president of Brazil, Luiz Inácio Lula da Silva, which took place this week and whose objective is to elevate the political debate on social…
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Binance under investigation in Brazil for alleged financial crimes
Binance, the world's largest cryptocurrency exchange, is being investigated for alleged financial crimes related to its derivatives business by federal authorities in Brazil, local newspaper Valor Económico reports.
The Federal Public…
Petrobras announces gas price reduction
Petrobas announced this Monday an agreement with distributors to reduce the price of a cubic meter of natural gas by 8.1 % as of next May compared to the average value of the quarter between February and April.
The Brazilian oil company…
Lula: “Interest rates are very high”
The President of Brazil, Lula da Silva, once again insisted that interest rates at 13.75 % continue to be "very high" and are detrimental to businessmen who want to increase their investments in the country, being perceived as a figure that…
Brazilian bank BTG Pactual launches dollar-pegged cryptocurrency
+This week, the Brazilian bank Pactual announced the launch of the central bank coin BTG Dol. It is linked to the dollar, according to the bank.
The first digital currency in the world that has been issued by a bank has been baptized BTG…
Online betting and e-commerce will pay taxes in Brazil
Brazil could impose taxes on certain electronic transactions and online gambling in its next tax reform scheduled for mid-year.
This Monday, the Minister of Finance of Brazil, Fernando Haddad, indicated that until now these activities are…
Central Bank of Brazil will maintain rates until inflation is controlled
The Monetary Policy Committee of the Central Bank of Brazil has defended its intention to maintain interest rates at the current level of 13.75 % for as long as necessary to control prices, for which reason it has asked for "serenity and…
The Brics Development Bank confirms Dilma Rousseff as its new president
The New Development Bank (NBD) of the Brics group unanimously agreed this Friday to appoint former Brazilian president Dilma Rousseff as its new president.
The president of Brazil, Luiz Inácio Lula da Silva, had obtained the support of his…
Germany and Brazil want to deepen economic ties
Within the framework of the efforts of Germany and Brazil to deepen their economic relations, the German-Brazilian Business Conference will be inaugurated today in Belo Horizonte with the presence of the German Minister of Economy, Robert…
Inflation in Brazil fell one tenth in February
The Consumer Price Index (CPI) in Brazil stood at 5.6 % year-on-year in February, a drop of more than one tenth compared to the data for January, according to the Brazilian Institute of Geography and Statistics (IBGE).
Thus, Brazilian…
76% of Spanish companies will increase their investments in Latin America in 2023
76% of Spanish companies plan to increase their investments in Latin America in 2023, which leads to 79% being confident that their turnover in the region will increase in the next three years, reaching a higher weight than Spain for 51% of…
Latin American startups generated $8.1 billion in 2022
Latin American startups led by Brazil and Mexico raised $8.1 billion in venture capital in 2022, according to a report by Endeavor and Gisco Partners. Despite the fact that the figure is 47 % lower than that of 2021, this year has been…