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A member of the Monetary Policy Committee (MPC) of the Bank of England (BoE), Silvana Tenreyro showed a cautious stance on raising interest rates in the United Kingdom, during a speech at the Annual Conference of the Society of Economists London professionals held today. For her, the BoE has already tightened monetary policy enough to […]

In an interview with CNN Brazil the chief economist at Ryo Asset, Gabriel de Barros, assessed that the Brazilian market is becoming increasingly skeptical about the economic agenda of president-elect Luiz Inácio Lula da Silva (PT), whose resistance to the spending cap last Thursday on Friday (10) resulted in a drop of 3.35% on the […]

Brazil is expected to produce a record 154.53 million tons of soybeans in the 2022/23 season, estimated consultancy Safras & Mercado, raising its forecast by 2% compared to the estimate released in July. According to a report published this Friday (11), the crop in the largest producer and exporter of the oilseed could increase 21.3% […]

Future interest rates opened this Friday (11) with a downward bias, in an adjustment in line with the corrections seen in the Ibovespa futures and the dollar the day after strong losses in domestic assets with the worsening perception of fiscal risk. The movement, however, was momentary, and rates rose again, hitting highs, as investors […]

Twitter said on Friday it had reinstated the official badge given to some accounts days after removing it, while several users reported that the new $8 subscription option for the blue check icon had disappeared. The move follows a rise in fake accounts on the platform after new boss Elon Musk allowed users to pay […]

Prices of regular diesel (S500) at gas stations in Brazil rose 0.99% in the first ten days of November compared to October, while S10 diesel (with lower sulfur content) rose 0.79%, according to a survey released this Friday. (11) by Ticket Log, Edenred Brasil’s fleet management and mobility solutions brand. The average price of a […]

Economist Cecilia Todesca has been nominated by the Argentine government as a candidate for the presidency of the Inter-American Development Bank (IDB), a position for which she will compete with candidates from Mexico and Brazil, an official source told Reuters on Friday (11). Todesca, 51 and current secretary of International Economic Relations, is Argentina’s candidate […]

Financial markets may have been wrong to believe that President-elect Luiz Inácio Lula da Silva would pursue an orthodox fiscal agenda, Citi said in a report, adding that the bank decided to cut its risk exposure to Brazil in the face of this reassessment. “The market seemed to have convinced itself that President (elect) Lula […]

Former Finance Minister Guido Mantega sent a letter to representatives of the American, Chilean and Colombian governments asking them to postpone the election for the presidency of the Inter-American Development Bank (IDB), scheduled for November 20, CNN learned. . In the case of the United States, the document was handed over to Treasury Secretary Janet […]

The Argentine government announced this Friday (11) an agreement with supermarkets and suppliers of mass consumer goods to freeze or regulate the prices of around 1,500 products, in an attempt to contain inflation that is expected to reach 100% this year. The center-left Peronist government is battling a slump in popularity and street protests as […]