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This Thursday (10th), President-elect Luiz Inácio Lula da Silva made statements that did not please the financial market. During a speech in Brasília, he suggested that there is an incompatibility between social assistance and fiscal responsibility. “Why don’t the same people who seriously discuss the spending cap not discuss the country’s social issue? Why aren’t […]

Three of the toughest-placed European Central Bank officials on Thursday called for raising interest rates to a level that weakens growth in order to stem the rise in prices, which they said was at increasing risk of taking root in the economy. euro zone. With eurozone inflation in double digits, the ECB has been raising […]

The near-collapse this week of FTX, one of the largest cryptocurrency exchanges, has caused great concern throughout the cryptocurrency startup and investment community. But the consequences could also spill over into the sports industry. Like other cryptocurrency companies, FTX has invested heavily in sports sponsorships, including partnerships and naming rights in professional basketball, baseball, and […]

The strong negative reaction of the market to the speech of President-elect Luiz Inácio Lula da Silva this Thursday (10th) reinforced the demands of financial agents regarding the announcement by the Minister of Finance. Financial market participants told CNN in a reserved character, that the signals given by Lula during his speech in Brasília indicated […]

In an interview with CNN the chief economist at RPS Capital, Victor Oliveira, assessed that the financial market’s stance this Thursday (10th) is a reflection of investors’ anxiety regarding the lack of definition of president-elect Luiz Inácio Lula da Silva (PT) about fiscal policies and economics of the next government. “The financial market is losing […]

A survey carried out by the analytical intelligence company Boa Vista, obtained exclusively by CNN shows that 44% of entrepreneurs expect to register a higher turnover than in 2021 on this year’s Black Friday. The survey, which had the participation of approximately 500 companies in the commerce, industry and services sector from all regions of […]

The biggest challenge facing central bankers now is reducing inflation, International Monetary Fund managing director Kristalina Georgieva said on Thursday, while her deputy warned of the growing risk of economic fragmentation. Georgieva told a conference in Washington that policymakers should take specific measures to ease the rise in food and fuel prices while avoiding measures […]

Sam Bankman-Fried of cryptocurrency exchange FTX is seeking new funds after a deal with Binance failed, says an internal memo seen by Reuters on Thursday, as he seeks to plug an $8 billion hole in his finances. . The FTX chief executive told staff in the memo that he is seeking a capital increase and […]

The Nasdaq rose more than 5% on Thursday after data showed U.S. consumer prices rose less than expected in October, fueling expectations that the Federal Reserve could reduce the size of its future highs. of interest. The Labor Department said consumer prices rose 7.7% in the 12 months through October, while the core index, which […]

After 3 months of deflation, the IPCA accelerated again in October and was above expectations, at 0.59%. Food increased in the month, as expected, but airfare soared 27% and was the biggest contribution to the index, up 0.16p.p. Even excluding volatile items, we once again see a more generalized inflation in the month, with an […]