After suffering losses for most of last year, bitcoin and other cryptocurrencies are bouncing back in 2023, sparking speculation that the so-called crypto winter — the world’s digital asset equivalent of a bear market — is over. Bitcoin, the world’s most popular cryptocurrency, is up 25% from last month, hovering above $20,000 for the first […]
Suzanne
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
Trade balance has surplus of US$ 61.8 billion in 2022, says FGV
Brazil’s trade balance in 2022 reached a surplus of US$ 61.8 billion, informed the Getulio Vargas Foundation (FGV) this Monday (16). The result was slightly higher than that registered in the previous year, when it totaled US$ 61.4 billion. Still compared to 2021, the value exported grew by 19.1%; the imported value, 24.3%. According to […]
PwC withdraws from being Evergrande’s independent auditor
Real estate developer China Evergrande said on Monday that PricewaterhouseCoopers (PwC), its auditor, had resigned over disagreements over the timeline and scope of work surrounding the status for the 2021 fiscal year. PwC is also the firm responsible for the independent audit of the Americanas retailer, which last week announced an accounting deficit of R$ […]
Global freight prices set to drop 15% to 20%, says logistics company in Davos
DP World expects freight rates to fall by 15% to 20% in 2023 as demand cools, the global logistics company’s executive vice president and chief financial officer, Yuvraj Narayan, told Reuters on Monday. fair (16). Narayan said that the first signs of a drop in demand are visible and ocean freight rates have fallen sharply […]
In a meeting with businessmen, Alckmin says that it is necessary to simplify taxes
The vice-president of the Republic, Geraldo Alckmin (PSB), defended the implementation of a tax reform and the reduction of bureaucracy to undertake in the country, in a meeting at Fiesp with businessmen this Monday (16). “The industry is overtaxed. You have practically 11% of participation of the transformation industry in the GDP and almost 30% […]
Global recession in 2023 likely, World Economic Forum survey shows
Two-thirds of public and private sector chief economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023, the Davos organizer said on Monday, as business and government leaders gathered for their annual meeting. . Around 18% thought a global recession was “extremely likely” – more than double the previous survey conducted […]
Ethanol price drops in 13 states and in the DF in the week, shows ANP
Average prices for hydrous ethanol fell in 13 states and the Federal District last week, which ended on Saturday (14). In nine other states, prices rose. In Acre there was no calculation in the previous week (until the 7th) for comparison purposes. In Amapá there was no calculation last week, while in Ceará and Rio […]
“The Americanas case was unforeseen for the market”, says Luiz Carlos Trabuco to CNN
In an interview with CNN this Monday (16), the chairman of Bradesco’s Board of Directors, Luiz Carlos Trabuco, said that the accounting scandal at Americanas, which today reports a debt of R$ 40 billion, was “unforeseen for the market” and “with very unpleasant”. “The market is talking. Common sense is a fundamental rule so that […]
We will reinforce commitment to fiscal and environmental sustainability, says Haddad in Davos
The Minister of Finance, Fernando Haddad (PT), said this Monday (16) that he will reinforce “the commitment to the resumption of economic growth and fiscal and environmental sustainability”, in an interview with journalists. in Davos, Switzerland. Haddad and the Minister of the Environment, Marina Silva (Rede), represent Brazil at the World Economic Forum — an […]
Americanas shares close down 38.4% after company obtains creditor protection
Americanas shares collapsed again this Monday (16), while financial agents evaluated the consequences of the accounting inconsistencies announced last week, with the company having obtained an injunction to protect against creditors last Friday. The retailer’s shares fell 38.41%, quoted at R$ 1.94, the worst performance of the Ibovespa, which closed today at a fall of […]
