The drop in the unemployment rate in Brazil, which was 9.1% in the quarter ended in July, was slightly less pronounced than expected by the market consensus of 9%. But economists point out that the result is positive, as it indicates a heated economy and a slowing unemployment, which should continue to fall until the […]
Usual income grows again after two years in the quarter to July, says IBGE
The usual real income of Brazilian workers grew again after two years, reaching R$ 2,693 in the quarter ended in July, said the IBGE (Brazilian Institute of Geography and Statistics) this Wednesday (31). The number is 2.9% higher than that recorded in the previous quarter, and 2.9% lower than in the same period in 2021. […]
Russia deepens Europe’s energy crisis with new gas suspension
Russia stopped gas supplies along Europe’s main supply route on Wednesday, intensifying an economic battle between Moscow and Brussels and raising prospects of recession and energy rationing in some of the region’s richest countries. European governments fear Moscow could extend the shutdown in retaliation for Western sanctions imposed after the invasion of Ukraine and accuse […]
In the end, August disappointed the Stock Market
of Alexandra Tombra Weak and unstable was the attempt of the Athens stock exchange to break the downward cycle of the last days, as the final report was not accompanied by a better safety cushion than the levels of 850 units, although the positive sign was achieved. August closed with gains of 0.6%, although a […]
OPEC oil output at highest level since pandemic began in August
OPEC oil production surged in August to its highest level since the early days of the pandemic in 2020, as Libyan facilities recovered from unrest and Gulf members ramped up pumping to undo an extraction cut deal with allies, a Reuters poll showed on Wednesday. The Organization of the Petroleum Exporting Countries (OPEC) pumped 29.58 […]
Wall Street reaction business amid countervailing forces
U.S. market indexes are attempting to move upward for the first time this week, as the slowdown shown by the labor market has eased pressure on bonds, giving growth stocks room for recovery. In particular, the industrial index Dow Jones is enhanced by 0.35% moving on 31,899 unitsthe enlarged S&P 500 rises by 0.6% at […]
Wall Street lost its momentum in the shadow of interest rates
LAST UPDATE 18:30 Inability to move higher for the first time in the week, the indices of the US market show, as the de-escalation of pressures on bonds brought by the slowdown in the labor market appears short-lived. In particular, after the positive opening with gains that exceeded 1% for the Nasdaq, the indices have […]
OPEC+: Sees risk of bigger surplus in 2022
The oil market is expected to see a larger-than-expected surplus this year, OPEC+ said in a report released today, as a rally in energy prices and global monetary policy tightening put downward pressure on demand. In particular, OPEC’s Joint Technical Committee warned in a report that demand, which is expected to increase by 3.1 million […]
Turkish economy grows 7.6% in Q2 with domestic demand and exports
Turkey’s economy grew 7.6% in the second quarter from a year earlier, as expected, thanks to strong domestic demand and exports, according to data on Wednesday, although economic activity is expected to slow down. until the end of the year as demand cools. Gross Domestic Product (GDP) grew by 2.1% compared to the previous quarter […]
Synonymous with TV in Brazil, Telefunken returns after 33 years, but with a new proposal
After 33 years out of Brazil, Telefunken, a traditional German brand that was synonymous with TV in the country, is back in national retail. But not with televisions. Licensed by the Argentine group Someco, the brand returned to the country at the beginning of the year with a focus on electronics. The first step was […]