There are ten days to go until the start of the Qatar World Cup, and a survey by the Brazilian Institute of Economics of the Getúlio Vargas Foundation (FGV Ibre) raised the inflation of the main products and items consumed by those who like to gather family and friends to watch the matches. Taking into […]
Mega de Virada draws R$ 450 million, the biggest prize in the history of the contest
This year’s edition of Mega da Virada, held by Caixa Econômica Federal, has an estimated prize pool of R$450 million, the largest in the contest’s history. The draw will be held on December 31st and bets can be placed from Wednesday (16th). As in other special contests, the Mega da Virada prize does not accumulate, […]
Fiscal irresponsibility that Lula proposed today who pays is the poor, says economist
In an interview with CNN , this Thursday (10), economist Elena Landau evaluated the market’s reaction to the speech of President-elect Luiz Inácio Lula da Silva (PT). According to Landau, the Brazilian economic experience shows that fiscal irresponsibility affects the poorest population. “The entire Brazilian experience shows that whenever there is fiscal irresponsibility, it is […]
You can’t have social responsibility without thinking about the fiscal, says economist
For the chief economist at Banco Inter, Rafaela Vitória, the commitment to controlled and responsible spending is a condition for the government to be able to invest in social policies and improve the population’s quality of life. “It is important to understand that fiscal responsibility is not against social responsibility, the two must go together”, […]
Ibovespa loses BRL 156 billion in market value after Lula talks about spending
The Ibovespa, an index that brings together the largest companies listed on B3, the Brazilian stock exchange, lost R$156.269 billion in market value this Thursday (10th), after a speech by President-elect Luiz Inácio Lula da Silva criticizing policies of fiscal control sent stocks crashing. The calculation was made by the consultancy TradeMap and considers the […]
Generation Z brings healthy provocation to the job market, says expert
Several studies and surveys reveal that the new Gen Z professionals — those born between 1995 and 2015 — have a new way of looking at work, preferring to invest more in their well-being than in their careers. Furthermore, for them, flexibility is more important than salary, when compared to Millennials, or Generation Y — […]
Oil closes higher, with dollar devaluation and China on the radar
Oil futures contracts closed higher this Thursday, 10th, after a session marked by volatility. The commodity was benefited by the robust devaluation of the dollar, in the wake of data from the consumer price index (CPI) of the United States, which spiked the expectation that the Federal Reserve (Fed) should slow the rise in interest […]
Cryptocurrency Falls from Gold Show There Is No Safe Option for Investors
The spectacular implosion of cryptocurrency exchange FTX, the so-called unicorn startup that was recently valued at $32 billion, is just the latest bad news for investors in bitcoin, ethereum and other digital assets. But 2022 was already a terrible year for cryptocurrencies before the FTX-Binance soap opera. Bitcoin prices are currently hovering around $16,500, down […]
BNDES reports net income of R$ 9.6 billion in the 3rd quarter of 2022
The National Development Bank (BNDES) recorded a net profit of R$ 9.6 billion in the third quarter of 2022. The results were released this Thursday (10), at a press conference at the bank’s headquarters in Rio de Janeiro. According to the Bank, the result represents an increase of 76% compared to the same period in […]
FTX Founder Apologizes Amid Crypto Exchange Crash
Sam Bankman-Fried, the cryptocurrency entrepreneur whose FTX exchange is in a death spiral this week, tweeted a heartfelt apology Thursday morning. “I’m very sorry. This is the main thing. I screwed up and I should have done better,” Bankman-Fried said in a long series of posts on Twitter🇧🇷 The FTX founder said Alameda Research, the […]