O gasoline price in Brazil, it once again exceeded R$ 5, a mark that had not been reached since the beginning of October, in the fifth week following an increase. The latest bulletin from the National Agency for Petroleum, Natural Gas and Biofuels (ANP) shows that the liter is found in the country at an […]
Musk’s Twitter May Have Violated Consumer Agency Rule, Experts Say
Just two weeks after Elon Musk took over Twitter, the company may have already violated its consent agreement with the Federal Trade Commission (FTC), legal experts said. If proven, the breach could lead to significant personal liability for Musk, increasing the risks he faces from stumbling into a quagmire of business and content moderation headaches, […]
IDB confirms Ilan Goldfajn’s candidacy for the presidency of the bank
The Inter-American Development Bank (IDB) accepted the nomination by the Government of Brazil of Ilan Goldfajn to be a candidate for the presidency of the institution, despite a request by Guido Mantega, former Minister of Finance, that the name not be accepted. By means of a letter, Mantega also requested the postponement of the election, […]
Fund will finance projects against deforestation in the soy chain
The fight against deforestation in agricultural production in South America is gaining strength. The Land Innovation Fund, a fund created in 2019 with a contribution from Cargill, has just opened the third round of support for initiatives that fight deforestation in agriculture. This time, the focus is on soybean projects and other commodities in the […]
Binance CEO warns that sector is experiencing 2008-style crisis and defends regulation
The cryptocurrency industry faces a 2008-style crisis that will lead to a much-needed regulatory crackdown, cryptocurrency industry executive Changpeng Zhao warned on Friday. “It’s devastating for the industry. Consumer confidence is shaken. We are a few years late,” Zhao, CEO of cryptocurrency exchange Binance, said during a conference in Indonesia. The Binance boss, known as […]
Crypto is in chaos as FTX files for bankruptcy; understand
In the space of a week, a 30-year-old entrepreneur who was once hailed as a modern day JP Morgan saw his digital empire, including billions of his own fortune, evaporate in a death spiral that shook the foundations of the trillion dollar cryptocurrency industry. On Thursday (9), Sam Bankman-Fried issued a mea culpa: “I screwed […]
Singles’ Day sales in China could reach 1 trillion yuan
China Singles Day, the world’s biggest annual shopping event, is known for regularly breaking sales records. This year’s bonanza, which ended Friday and is led by internet titans Alibaba and JD.com, is likely to be no exception: Analysts expect it to accumulate 1 trillion yuan ($140.8 billion) in first time sales. Singles Day often eclipses […]
Mega-Sena: this Saturday’s contest (12) has an estimated prize of R$ 3 million
00A Federal Savings Bank holds, this Saturday (12), the draw for the Mega-Sena contest 2,538. The prize is estimated at R$ 3 million for those who match the six dozen drawn. The draw will take place at 20:00 (Brasília time), with live broadcast by Caixa’s social networks🇧🇷 To compete, players can register their games up […]
Know what a professional trader is, what he does and what the risks are
Augusto Caramico, 36, wakes up early every day, has his breakfast, follows the daily news and quickly accesses the financial market data from his computer 🇧🇷 a tangle of ups and downs of stocks. He has been a professional trader for 16 years at brokerages and banks. But what is it to be a trader? […]
Larry David predicted the FTX implosion
Larry David made a prediction about this week’s cryptocurrency crash that was pretty good. In a Super Bowl announcement for cryptocurrency exchange FTX in February, Larry David sarcastically predicted that the platform would fail. The ad showcases David’s character throughout history, criticizing humanity’s greatest inventions, including the wheel, the light bulb, the coffee and democracy. […]