After the labor reform, the volume of cases filed in the first instance by the country dropped to the same level as 30 years ago. After five years of validity of the new rules of the Consolidation of Labor Laws (CLT), the reduction in judicial disputes is one of the main marks of the changes […]
Remotely, Elon Musk will attend the G20 summit in Indonesia
Businessman Elon Musk will remotely attend the G20 summit in Bali, Indonesia, an Indonesian Chamber of Commerce official told CNBC Indonesia on Saturday (12). “He will not be able to attend because there are issues in the United States and he needs to be present there,” Arsjad Rasyid, the chamber’s leader, said, according to the […]
FTX collapse draws attention to Brazilian investors and regulatory debate
After announcing a hole of up to $8 billion, cryptocurrency exchange FTX generated a crash in the crypto-assets universe, which intensified after the exchange Binance gave up on buying the competitor. Brazilian investors who had amounts invested in the exchange were harmed, reigniting some concerns and the debate around the regulation of the cryptocurrency market […]
Movement by the elected government against Brazilian candidate for the IDB can generate discomfort, Meirelles tells CNN
The interest of the elected government in nominating a name to represent Brazil at the Inter-American Development Bank (IDB) different from the one already indicated by the Minister of Economy, Paulo Guedes, can generate discomfort and perplexity, in the opinion of former Minister of Finance Henrique Meirelles. “There is always a negative factor when an […]
FTX investigates possible cyberattack that caused losses of $473 million
Cryptocurrency platform FTX, which filed for bankruptcy on Friday, is investigating whether crypto assets were stolen and has moved all of its digital assets offline, it reported Saturday. The assets could be worth more than $400 million, said cryptocurrency risk management firm Elliptic. In a tweet earlier on Saturday, FTX General Counsel Ryne Miller said […]
Fiscal responsibility is necessary to help the poorest, says Paulo Artung
Economist and former governor of Espírito Santo, Paulo Artung, evaluated the CNN, this Saturday (12), that, in order to “take care of the poor and excluded”, the government of president-elect Luiz Inácio Lula da Silva (PT) will need fiscal responsibility. Artung’s statement echoes Lula’s speech against the spending cap during the week, which provoked a […]
Fiscal responsibility is necessary to help the poorest, says Paulo Hartung
Economist and former governor of Espírito Santo, Paulo Hartung, evaluated the CNN, this Saturday (12), that, in order to “take care of the poor and excluded”, the government of president-elect Luiz Inácio Lula da Silva (PT) will need fiscal responsibility. Hartung’s statement echoes Lula’s speech against the spending cap during the week, which provoked a […]
Suzano, Vale, Marfrig, Itaú, Santander and Rabobank create a forest preservation company
SAO PAULO (Reuters) – Three major Brazilian commodity companies and three banks have teamed up to create a forestry company that aims to achieve in 20 years the amount of protected areas equivalent to the state of Rio de Janeiro. The project to create Biomas was presented this Saturday during the COP27 Climate Conference, in […]
Market reacted to Lula’s irresponsible and populist speech, says Maílson da Nóbrega
The billionaire loss that the Brazilian stock market had last Thursday and the sharp rise in future interest rates were a reaction to “Lula’s irresponsible and populist speech”, said Maílson da Nóbrega, a former finance minister, in an interview with CNN this year. Saturday (12). President-elect Luiz Inácio Lula da Silva displeased financial agents by […]
At least $1 billion in customer funds disappears on FTX
At least $1 billion in customer funds has disappeared from the FTX cryptocurrency platform, according to two people familiar with the matter. The platform’s founder, Sam Bankman-Fried, secretly transferred $10 billion in funds from FTX clients to Bankman-Fried’s Alameda Research trading company, the people told Reuters. A large part of that total has since disappeared, […]