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The federal government filed on Thursday (8), at the Federal Audit Court (TCU), the concession project for Rio-BH, which brings together the road system of BR-040/RJ/MG and BR-495/RJ , expected to attract R$ 9.2 billion in investments in a 30-year contract. The expectation is that the public notice, after approval by the Court of Auditors, […]

Kansas City Federal Reserve Chair Esther George on Friday called for a “sustained monetary policy response” to high inflation in what will be her final remarks ahead of the Fed’s next meeting in two weeks. “We will have to determine the course of our policy through observation rather than reference to theoretical models or pre-pandemic […]

The application of a preferential exchange rate for foreign sales of soybeans in Argentina, announced this week, has reduced the competitiveness of Brazilian grain and is already putting pressure on export premiums for the product from Brazil. But analysts consulted by Reuters assess that these effects should not last for long, considering that the so-called […]

The 0.36% deflation of the Broad Consumer Price Index (IPCA ) of August should not influence the next interest rate decision of the Monetary Policy Committee (Copom ) of the Central Bank, according to analysts. The value came close to what was expected by the market, and now the inflation accumulates high of 8.73% in […]

Oil demand in China, the world’s biggest energy consumer, could contract for the first time in two decades this year as Beijing’s Covid-19 policy keeps people indoors during upcoming holidays and reduces the fuel consumption. Hundreds of millions of Chinese who normally take the roads and domestic flights during the Mid-Autumn Festival — which falls […]

Raising minimum wages and building support for collective bargaining can help stem the erosion of wages in the face of the current inflationary spiral, the Organization for Economic Co-operation and Development (OECD) recommended on Friday. Since the inflationary crises of the 1970s, most countries have stopped indexing wages to inflation and collective bargaining is less […]

Queen Elizabeth’s death came at a bad time for the UK. Against a backdrop of rising inflation, falling currency and the worst cost-of-living crisis in decades, the country has lost one of its few indicators of continuity and stability. The government of Prime Minister Liz Truss, which on Thursday unveiled a major gamble to rescue […]

The President of the European Central Bank (ECB), Christine Lagarde, reinforced, this Friday (9), the monetary authority’s commitment to contain inflation in the euro zone and defined price stability as a top priority. “This is our primary mandate, our task, and we are not going to run away from it,” he assured, at a press […]

Santander Brasil improved its forecasts for the performance of domestic economic activity this year and next, in a scenario review that also brought lower inflation prospects for both periods and a reduction in the projection for the Selic rate at the end of 2022. Brazil’s Gross Domestic Product (GDP) is expected to grow 2.6% this […]

Shopee, the e-commerce giant from Singapore, reported on its Argentine website that it closed its operations in the country on Thursday (8). In Mexico, the company also announced the end of local activities, but customers will be able to continue to buy products from international sellers, the so-called cross border. And operations in Colombia and […]