Citigroup predicts a near 50% probability of a global recession as central banks race to raise interest rates to quell inflation, which has been partially fueled by the impact of the Ukraine war and the Covid-19 pandemic. 19. The recession is an “increasingly palpable risk” to the economy, analysts at Citigroup wrote in a note […]
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EU leaders say Ukraine decision is ‘historic moment’
In a speech broadcast on Wednesday (22), Ukrainian President Volodymyr Zelensky spoke about talks he had with 11 European leaders, asking for their support on the eve of an EU summit where a decision will be taken on Ukraine’s candidate status in the block. The question of Ukraine’s candidacy for the European Union will be […]
Bank robbery in the interior of Minas Gerais leaves at least 5 injured
A group of about 30 heavily armed criminals attacked a bank branch of Caixa Econômica Federal on Wednesday night (22) in Itajubá, in the south of Minas Gerais. According to information from the Military Policy, five people were injured, four police officers and one city resident, shot while passing by car. Among the police officers, […]
Russia says it has sent eurobonus coupon payments in rubles in dollars
Russia’s finance ministry said on Thursday it had met its obligations on two dollar-denominated eurobond issues “in full” by sending 12.51 billion rubles ($234.5 million) in coupon payments to the National Settlement Depository (NSD). The ministry said the payments were made on Eurobonds due in 2027 and 2047. “Thus, the service obligations of state bonds […]
Milton Ribeiro will undergo a custody hearing this Thursday
Former Minister of Education Milton Ribeiro will undergo a custody hearing at 2 pm this Thursday (23). He was arrested this Wednesday (22) in an operation by the Federal Police (PF), which investigates the practice of influence peddling and corruption for the release of public funds from the MEC. On Wednesday night (22), the Federal […]
Eurozone business growth slows in June on inflation, PMI shows
Eurozone business growth has slowed significantly this month — and far more than expected — as consumers worried about rising bills chose to stay home and delay shopping to save money, a survey showed on Thursday. (23). The S&P Global Composite Purchasing Managers Index (PMI), seen as a good indicator of overall economic health, dropped […]
President-elect comes to power in Colombia with a list of challenges ahead
For the first time in history, the government of Colombia will be led by a left-wing president. Gustavo Petro defeated right-wing businessman Rodolfo Hernández in the second round of elections, last Sunday (19). The economist and former guerrilla was running for the post for the third time and was elected with promises of profound changes […]
Amid tensions over Ukraine war, BRICS holds meeting this Thursday (23)
The 14th BRICS Summit will be held this Thursday (23), a bloc that brings together, in addition to Brazil, Russia, India, China and South Africa. The meeting will be held virtually, chaired by the Chinese government. This year, the theme of the meeting is: “Promoting high quality BRICS partnership and ushering in a new era […]
“I added a Korean twist,” says “The Paper House” remake director
THE Netflix premieres this Friday (24), the Korean version of the series La Casa de Papel, production from Spain whose fifth and final season was released in December 2021. In South Korea, the spin-off earns the title of “La Casa de Papel: Korea – Joint Economy Area” and was 99% based on the Spanish version, […]
Government considers giving up compensation to states to create Emergency Aid
Members of the Planalto Palace informed the CNN that the federal government is now considering giving up on approving a Proposal for a Constitutional Amendment (PEC) that compensates states that zero ICMS on fuel. Thus, it intends to use the resources it would use with this, around R$ 27 billion, to create a kind of […]
