European Central Bank (ECB) Vice President Luis de Guindos predicted this Wednesday (22) that inflation in the euro zone will remain close to the current record level in the coming months and begin to decelerate after the European summer. . Guindos, who spoke at a virtual event organized by the Universidad Internacional Menéndez Pelayo in […]
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Remember the complaints that overthrew Milton Ribeiro from MEC
“I want a thorough and unbiased investigation.” This was the request of the former Minister of Education, Milton Ribeiro, in the letter he sent to President Jair Bolsonaro (PL) asking for his resignation from the position, in March of this year. He left the portfolio after complaints about favoring pastors in the distribution of funds […]
“I think the truth will triumph”, says Mourão about Milton Ribeiro
Vice President Hamilton Mourão told CNN which considers the former minister Milton Ribeiro an “excellent person” and claimed to believe that the truth about the evangelical pastor “will triumph”. “I took notice now. Milton is an excellent person and I believe that the truth about him will prevail”, said the retired general. The former minister […]
Who is Milton Ribeiro, former Minister of Education arrested in PF operation
Former Minister of Education Milton Ribeiro was preventively arrested, this Wednesday (22), in Santos. The warrant was issued as part of a Federal Police (PF) operation and cites the crimes of passive corruption, malfeasance, administrative advocacy and influence peddling. Ribeiro is a pastor at the Presbyterian Church of Santos and was a member of the […]
Dollar operates higher as market cautious awaiting speech from Fed chairman
O dollar rose 0.25%, quoted at R$5,165, around 9:14 am this Wednesday (22), favored by a caution in the markets before the participation of the president of the Federal Reserve, Jerome Powell at a hearing in the United States Congress. The expectation is that Powell will give more clues about the next steps of the […]
Chinese adopt unusual tactics to sell properties amid housing crisis
Some Chinese property developers are doing their best to attract buyers. From accepting grain or garlic as part of payment, to offering live pigs as an incentive to buyers, the unusual sales tactics underscore the dire state of China’s vast real estate sector. A sales meltdown has accelerated since developer Evergrande defaulted on its debt […]
Asian stocks close lower, ignoring NY rally and waiting for Powell
Asian stocks closed lower on Wednesday (22), ignoring a rally in New York and awaiting comments from Federal Reserve Chairman Jerome Powell, amid concerns about the effects. recessionary interest rate hikes. In mainland China, the Shanghai Composite stock index fell 1.20% to 3,267.20 points in its third negative session, while the less comprehensive Shenzhen Composite […]
UK inflation hits 40-year record in May, highest in G7
Soaring food prices pushed annual consumer inflation in the UK to a 40-year record of 9.1% last month, the highest rate for the Group of Seven and underscoring the severity of the country’s cost-of-living crisis. . The reading rose from 9.0% in April and was in line with a Reuters poll of economists. Records from […]
New investigation requests and changes increase pressure on Petrobras
Earlier this week, Petrobras became the target of two lawsuits filed by the Securities and Exchange Commission (CVM) to investigate the possible leak of information about the departure of José Mauro Ferreira Coelho from the company’s command and a “suspicious movement” involving the trading in state shares. In addition, in Congress, allies of President Jair […]
How Kaliningrad could become the next point of tension between Russia and Ukraine
Tensions are rising around the Russian enclave of Kaliningrad, an isolated but strategically significant territory on the Baltic coast that could soon be dragged into the Kremlin war. Russia reacted furiously after Lithuania banned the passage of goods through its territory and even Kaliningrad. But Lithuania says it is only following EU sanctions, and the […]
